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Energy

NY to invest $40M in solar energy storage technology

New York state is investing $40 million in technology that stores energy from solar power. The office of Democratic Gov. Andrew Cuomo announced the funding decision. The money will support solar power projects around the state that are designed to ensure energy derived from the sun can be stored for use when demand is greatest. That can reduce the need for other, less environmentally friendly forms of power.Cuomo has set a goal for the state to generate half of its power from renewable energy sources by 2030.

Blind focus on ‘energy dominance’ may cripple Endangered Species Act

The bald eagle, sea otter, timber wolf — these iconic animals and more have been saved by the Endangered Species Act (ESA). But the Trump administration doesn't seem to care about our country's natural heritage. It's using questionable arguments about the popular law in an effort to gut protections and convert our public lands into private assets. The administration's destructive intent is apparent in the proposed revisions to the ESA by the U.S. Fish and Wildlife Service and NOAA Fisheries.

U.S. dairy experts cast doubts on Canadian trade deal ending deep slump for American farmers

U.S. dairy farmers remain hopeful that a new trade deal with Canada could help lift them out of a deep slump, but some are casting doubt that it will make much of a difference in an American market flooded with milk. The deal, announced Monday by President Donald Trump, is “more of the same,” except it hurts Canadian farmers, said Jim Goodman, a Wisconsin dairy farmer and president of the National Family Farm Coalition.“Canadian family farms will go out of business, and Canadian dairy farmers will see their incomes fall due to increased U.S. imports.

Here’s what Trump’s ethanol plan means for farmers, refiners and motorists

President Donald Trump’s plans to allow the sale of a higher concentration of ethanol in gasoline throughout the year would appease U.S. corn farmers who have been stung by low corn prices as a result of the U.S.-China trade dispute and likely even lead to lower prices at the pump. Some refiners and older car engines, however, may pay the price.

USMCA Trade Deal Is A Win For Texas Energy Producers

President Donald Trump’s new trade deal, the USMCA, appears be beneficial to big oil and gas companies. Canada recently signed onto the new deal, along with the U.S. And Mexico, in a deal that replaces NAFTA. The new deal also has broad implications for the Texas economy, particularly energy production. Matt Smith, director of commodity research at ClipperData, says the new agreement includes provisions that help protect U.S. oil company investments abroad.“It also prohibits tariffs on oil and gas products, which is pretty handy for the U.S.

Trump tells EPA to pave the way for year round E15 sales

A White House official says President Trump has ordered the EPA to set the wheels in motion for the year-round sale of gasoline blended with 15 percent ethanol.Currently, gasoline with 10 percent ethanol may be sold at any time of the year in the United States. The oil industry has fought to preserve rules that have prevented higher percentages of ethanol from being added to gasoline during the summer.The announcement last night about year-round E15 sales sets Trump firmly on the side of corn growers.

Exxon Puts $1 Million Into Quest for Carbon Tax and Rebate

An effort to put a tax on carbon dioxide emissions just won an unlikely underwriter: a top producer of oil and gas.Exxon Mobil Corp. is putting $1 million into a political campaign that, if successful, would effectively spawn a tax tied to the company’s core products.The move is consistent with Exxon’s longstanding support for a price on carbon dioxide, imposed instead of an array of environmental regulations that already elevate the cost of fossil fuels.

EPA’s new carbon plan won’t slow coal unit shutdowns: utilities

The Trump administration’s replacement of Obama-era carbon regulations will not save U.S. coal-fired power plants from shutdown, according to a Reuters survey of utilities, spelling bad news for Trump’s efforts to revive the ailing coal industry. The Environmental Protection Agency in August proposed replacing the Clean Power Plan, a signature climate change policy of the Obama administration aimed at curbing carbon emissions from the power industry.

Massachusetts ranked most energy efficient state, Wyoming worst: study

Massachusetts and California are leading the country in energy efficiency standards according to a study released Thursday. The coastal states’ investments in energy saving targets, electric vehicles and efficient building standards helped them lead the annual study by the American Council for an Energy Efficient Economy.Massachusetts took the top spot for the eighth year in a row due to a number of state programs that encouraged consumers to invest in energy efficiency.

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