Trump freezes funding for IRA

January 23, 2025

On January 22, 2025, President Donald Trump signed an executive order pausing the disbursement of funds from the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Law. This action is part of a broader initiative titled “Terminating the Green New Deal,” aiming to reassess and potentially […]

Edison international Shares Fall After L.A Fires Investigation

January 15, 2025

Shares of Edison International dropped after an investigation raised concerns over whether equipment from Southern California Edison contributed to the Hurst and Eaton fires in Los Angeles. The company’s stock fell 14% to $55.66 Monday, marking its biggest drop since March 16, 2020. For the month, shares are down 31%. Last week, SoCal began shutting […]

2024 marked a new high for the solar grid’s contributions to New England

In 2024, solar energy significantly enhanced New England’s electricity grid, with solar power contributing to the region’s energy mix at unprecedented levels. This surge was particularly notable during peak demand periods, such as hot summer days, when solar generation effectively reduced the strain on the grid. The increase in solar capacity is largely attributed to […]

Biden bans offshore oil and gas drilling in most federal waters; Trump promises to undo ban when he takes office

In early January 2025, President Joe Biden issued a ban on new offshore oil and gas drilling across more than 625 million acres of U.S. federal waters. This action affects the East and West coasts, the eastern Gulf of Mexico, and parts of Alaska’s Northern Bering Sea. Biden utilized the Outer Continental Shelf Lands Act […]