Author: Breanne Deppisch, Washington Examiner
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US aims to halve Russian energy revenue by 2030, top official says
The U.S. is seeking to slash Russia’s oil and gas revenue by 50% by 2030, a top administration official said Thursday, signaling that Washington views its current Russian sanctions and other punitive measures as lasting for years. Geoffrey Pyatt, the assistant secretary of state for energy resources, told the Financial Times in an interview that…
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Biden administration sets EV tax credit rules meant to cut out China
The Biden administration announced Friday that it will bar any electric vehicles from qualifying for subsidies if their batteries are made in China or with Chinese materials, a provision that extends to any companies worldwide that are under Beijing’s sway. The standard is aimed at shoring up domestic manufacturing and moving the supply chain for…
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EPA proposes rule to tighten lead pipeline standards
The Environmental Protection Agency proposed a new rule Thursday aimed at strengthening its existing lead and copper pipe standards as part of the administration’s goal of lowering unsafe pollution levels and protecting vulnerable people from exposure to harmful drinking water. The proposed rule, previewed by EPA officials Wednesday, would accelerate the Biden administration’s goal of…
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Biden administration holds oil and gas lease auctions in Wyoming, angering environmentalists
The Biden administration is auctioning off oil and gas leases for roughly 35,000 acres of land in Wyoming on Tuesday, angering environmentalists. Over the next two weeks, the Bureau of Land Management is slated to auction off 63 drilling parcels across six Western states – Wyoming, New Mexico, Nevada, North Dakota, Oklahoma, and Utah. FEDERAL…
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Car dealers press Biden to ease up on ‘unrealistic’ electric vehicle push
A group of U.S. auto dealers urged the Biden administration to ease up on its ambitious electric vehicle targets, citing concerns about what the dealers say is a lag in consumer demand. The group of dealers, which collectively dubbed themselves the EV Voice of the Customer, noted in a letter Tuesday morning that production has…
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Interior approves new offshore wind project along New York-New Jersey coast
The Interior Department approved plans Wednesday for the Empire Wind projects offshore New York and New Jersey, delivering a win for the industry and for commercial-scale wind projects that have struggled to adjust to higher costs in the U.S. The Empire Wind project, jointly owned by Equinor and BP, is the sixth commercial-scale offshore development…
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Ford to scale back planned $3.5 billion electric vehicle battery plant in Michigan
Ford said Tuesday it is scaling back a planned $3.5 billion investment in an electric vehicle battery plant in Michigan. The news comes as U.S. automakers look to scale down their aggressive production targets for the vehicles amid slower-than-expected consumer demand. Ford officials said they still plan to move forward with the construction of the…
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EPA announces $2 billion in spending for towns and people hurt by pollution
The Biden administration on Tuesday announced the terms of a $2 billion environmental and climate justice grant program, part of the Inflation Reduction Act’s massive green spending allocation aimed at helping poorer towns and people harmed by pollution. EPA officials said the grant program, authorized by the IRA’s “Investing in America” program, is the largest…
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US to announce first global nuclear fusion strategy at COP28
The United States is slated to outline the first global strategy for commercializing nuclear fusion power at this year’s COP28 summit in Dubai in what could be a major milestone in scientists’ decadeslong quest to achieve and deploy the carbon-free source of electricity. U.S. special envoy for climate change John Kerry plans to announce the…
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US sanctions three UAE-based shippers as it tightens Russian oil price cap enforcement
The U.S. imposed new sanctions on several entities Thursday for violating the terms of the Russian oil price cap, furthering its plan to crack down on shipments of oil above the price set by G-7 leaders in December. Treasury Department officials said Thursday that the three entities sanctioned are all United Arab Emirates-based shippers and…




