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Insights: Energy
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Data Centers/Energy Usage
The increasingly visible rise in electricity prices was a prominent issue in last week’s elections in GA, NJ, and VA. Electricity costs are among a multitude of issues that relate to broader voter concern about the cost of living/affordability, which is increasingly dominating the policy dialogue at both the state and federal level. As a result,...
Clients
Energy
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Infrastructure
Permitting Reform
Congress has begun an effort to pass energy infrastructure permitting reform legislation, something that House Republican leaders have put at the center of their agenda for this fall. The House Natural Resources Committee held a hearing yesterday, which represents the first substantive step in the legislative process.
Clients
Energy
,
Macro
Russian Oil Tariffs/Sanctions
President Trump imposed a 50% tariff on India related to its purchases of Russian energy products. He has said in recent weeks that he would use tariffs and sanctions to coerce Russia to negotiate an end to its war against Ukraine. Unnamed White House officials have reportedly signaled that tariffs on other countries are expected to be imposed...
Clients
Energy
EPA “Endangerment Finding”
This week, the EPA proposed to rescind the 2009 Greenhouse Gas "Endangerment Finding." The Endangerment Finding provides the basis for regulating emissions, including for autos, power plants, and other sources. Administrator Zeldin characterized the finding as the “holy grail of the climate change religion,” given its significance in providing...
Energy
Permitting Reform
House Majority Leader Scalise (R-LA) has indicated that the House would be turning its attention to working on standalone permitting reform legislation when they return from their recess in September. Senate Majority Leader Thune (R-SD) also referenced permitting reform in a recent interview as an area that has generated interest from Democrats....
Clients
Energy
,
Macro
Russia Tariffs and Sanctions
Earlier this week, Senate Majority Leader Thune said he will not advance Russia sanctions legislation after President Trump committed to use his existing authorities to punish Russia if it does not agree to a peace deal with Ukraine by 9/2. This is a shift in position from last week when both Thune and Speaker Johnson, with the backing of the...
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