Energy & Climate

Oil Prices Shrug Off OPEC+ Plans to Pause Supply Hikes

Crude oil prices were little changed on Nov. 3, shrugging off OPEC+’s plans to pause its supply increase in the first quarter of 2026.

Prediction of Climate Catastrophe Loses Some of Its Strongest Advocates

Bill Gates says the “doomsday view” of climate catastrophe is wrong, signaling a major shift in the global warming debate.
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Mojave Desert Solar Plant Once Hailed as a Marvel Will Close as a Glowing Relic

As Southern California Edison pulls out as a buyer, California’s $2 billion Ivanpah plant becomes the latest casualty of the renewables race.

Energy Department to Return $13 Billion in Unused Climate Funds to Taxpayers

Energy Dept will return more than $13 billion in unobligated climate funds to the Treasury, Trump's significant reversal of Biden’s green-energy agenda.

As Banks Quit UN Climate Alliance, Critics Say Too Soon to Declare Victory

A global net-zero banking alliance has halted operations after mass member exits, with analysts citing legal risks rather than climate retreat.

Transportation Secretary Terminates Wind Projects Worth $679 Million

Transportation Secretary Sean Duffy withdrew or terminated 12 offshore wind projects across the country that are worth $679 million in funding.

Interior Department Plans to Revoke Permit for $11 Billion Maryland Offshore Wind Farm

The Trump administration is preparing to revoke a Biden-era permit for an $11.5 billion offshore wind farm planned off the coast of Maryland.

Data Centers, AI Infrastructure to Boost Electricity Sales by 175 Percent

Driven by new data centers and AI infrastructure, retail electricity sales to consumers in US are expected to grow at an annual rate of 2.2% in 2025 and 2026.