Geothermal

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Trump Aims at Biden’s Inflation Reduction Act: EVs, Clean Energy and Manufacturing

By Reuters Summary Trump has threatened to claw back unspent IRA money Electric vehicle rebates, gas emissions under fire Wind, solar may be untouched (Reuters) – President-elect Donald Trump has vowed to repeal Joe Biden’s signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts …

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AI’s Energy Hunger Fuels Geothermal Startups but Natgas Rivalry Clouds Future

(Reuters) – Geothermal energy startups are on the upswing with Big Tech companies looking to feed their power-intensive AI data centers, but long-term investments remain uncertain as oil majors double down on natural gas. Meta  and Alphabet’s  Google are among the tech companies partnering with startups proposing to produce geothermal electricity, to power their data centers. Large …

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US Watchdog Recommends Energy Department Halt Loans to Green Projects

(Reuters) – The inspector general of the U.S. Department of Energy urged the agency’s loan office to immediately halt issuing billions of dollars in loans to green projects, saying contractors who vet them may be serving both the agency and potential borrowers. The watchdog in an interim report, opens new tab issued late on Tuesday urged the …

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Shale Drilling Techniques Could Lead to a Geothermal Surge, IEA Says

Summary Geothermal energy in its infancy Shale drilling drew opposition from environmental campaigners More than $1 trillion in investment needed (Reuters) – The shale drilling techniques that led to a boom in oil and gas output have also spurred the development of geothermal, which in theory could provide a stable source of power equal to …

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Here Are 5 Industries With the Most at Stake in Presidential Election

Health care, energy also among businesses with most at stake Retailers would face major impact from tariff increases The US election on November 5 will be a clash of visions that reverberates through the global economy for years to come. Kamala Harris and Donald Trump in some cases have skirted how they will handle pivotal …

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COMMENTARY: Overcoming Bottlenecks is a Prerequisite to Achieving the Energy Transition – Yogi Schulz

Overcoming multiple bottlenecks will be essential for scaling up key technologies required to reduce GHG emissions and address the adverse consequences of climate change. The technologies that must be scaled up and reduced in cost are: Geothermal, nuclear, solar and wind electricity generation. Batteries and hydro storage to increase the effective production of intermittent electricity …

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America’s Clean Tech Withers Even as Imports Are Blocked

It may be challenging to assail China’s lead in some technologies, but the field is wide open for those yet to get established. By David Fickling David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. When you introduce …

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