Energy News Beat Businesses have been paying them out of their huge profits and have not been able to pass them on to consumers so far. By Wolf Richter for WOLF STREET. Collections from “customs and certain excise taxes” spiked to $28.0 billion in June, after hitting $24.0 billion in May, and $17.4 billion in April, according the […]
Energy News Beat After a marathon 27-hour session and 46 amendment votes, the U.S. Senate passed the One Big Beautiful Bill Act (H.R. 1) on July 1, 2025, with a razor-thin 51–50 vote, Vice President JD Vance casting the tiebreaker. The 940-page reconciliation bill, a cornerstone of President Donald Trump’s second-term agenda, combines $4.5 trillion […]
Energy News Beat Companies don’t just suddenly drop everything to stew in their own juices. By Wolf Richter for WOLF STREET. Look, the job market hasn’t cratered yet, and doesn’t look like it’s on a path to cratering, despite whatever is happening to federal government jobs and despite all the moaning and groaning in the media and social […]
Energy News Beat ENB Pub Note: This article is from David Blackmon’s Substack. . It is truly an honor to have been featured on so many podcasts and worked on these topics with David; he is a great thought leader with a truly positive energy. We recomend subscribing to his Substack. One thought as you read […]
Energy News Beat PV Power said in a statement that the plant generated 50 MW of electricity as part of its testing phase. The LNG power plant is expected to start commercial operation in November this year, after meeting technical requirements. Prior to this, the first ignition milestone at the power plant took place on […]
Energy News Beat A decade after a much-hyped liquified natural gas (LNG) boom fizzled out, Canada is poised for a second chance to cement itself as a significant player in the global LNG market. The recent milestone of LNG Canada’s first export shipment from Kitimat, British Columbia, marks a pivotal moment for the country’s energy […]
Energy News Beat Daily Standup Top Stories Clean Energy Gutted in Last-Minute Rewrite of Trump’s $1.2T Senate Tax Bill June 30, 2025 Clark Savage In a stunning turn of events, Senate Republicans have delivered a seismic blow to the clean energy sector with sweeping last-minute revisions to President Donald Trump’s $1.2-trillion “One Big, Beautiful Bill.” The […]
Energy News Beat California, often seen as a leader in environmental policy, is facing a paradox that could have far-reaching implications for national security, economic stability, and international relations. The state’s energy policies, driven by a push for lower carbon emissions, have inadvertently positioned California as a funder of the ongoing conflict between Ukraine and […]
Energy News Beat Greek owner Evalend Shipping has bolstered its suezmax newbuilding orderbook in South Korea, with two additional units lined up for construction at HD Hyundai Samho. Shipbuilding sources have named the Kriton Lendoudis-led company behind the recently announced order for a pair of 157,000 dwt newbuilds with delivery expected in April and June […]
Energy News Beat AsiaOperations The International Labour Organization (ILO) has initiated a comprehensive diagnostic study of Pakistan’s ship recycling value chain, aiming to enhance occupational safety, and facilitate a green transition within the sector. This effort is part of the Safe and Environmentally Sound Ship Recycling and Decent Work (SENSREC-DW) project, a collaboration between the […]
