Power prices are expected to soar under new tax cut and spending law
In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank.
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Energy has long been intimately tied to global geopolitics, power and foreign policies. The rapid pace of change in the energy sector is creating new sources of uncertainty and risk that require careful study and understanding.
The report outlines five foundational choices if a stockpiling strategy is adopted, as bipartisan support suggests is possible.
The war with Iran shows why hopes for energy independence are inadequate.
The European Commission published a proposed regulation on June 17 to end Russian gas imports by the end of 2027.
China’s dependence on the energy supplies that move through the Strait of Hormuz makes it especially vulnerable to any possible closure of the waterway by Iran in retaliation for attacks by Israel and the United States.
On June 24, Iran, Israel, and the United States agreed to a cease-fire, putting a halt to nearly two weeks of war.
The conflict between Iran, Israel, and now the United States has yet to disrupt energy supplies to global markets.
Israel’s decision to attack Iran’s nuclear program on June 12 might go down in history as the start of a significant regional war, and the inflection point that led Iran to finally acquire nuclear weapons.
The commercial deals Trump struck on artificial intelligence cooperation will likely shift the global balance of power for one of this century's most critical technologies.
President Donald Trump's first official foreign policy trip, as in his first term, was to Saudi Arabia earlier this month, with additional stops in Qatar and the United Arab Emirates.