Category: Energy Policy

California Extends Its Key Climate Programs, Condemning the State to High Energy Prices

Clark Savage327

On Friday, May 29, 2026, the California Air Resources Board (CARB) approved sweeping updates to the state’s Cap-and-Invest program (formerly Cap-and-Trade), extending California’s signature climate initiative through 2045. State regulators framed the changes as a balanced move to meet aggressive greenhouse gas reduction targets while supporting affordability and preventing industry “leakage”—the exodus of major polluters […]

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The UN is Expected to Officially Run Out of Money in Mid-August – After the US Cut Funding

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As the United Nations faces a severe liquidity crunch—with Secretary-General António Guterres warning in early 2026 letters that the organization could exhaust cash for core operations by mid-year (reports pinpointing risks around mid-August)—the crisis stems directly from U.S. funding restraint and withdrawals under the Trump administration. Outstanding dues hit a record $1.568 billion by the […]

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Texas Leads the Energy Dominance Movement

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In an era of surging global energy demand driven by AI, manufacturing resurgence, and geopolitical realities, Texas stands as the undisputed leader in American energy production, infrastructure, and innovation. The Lone Star State isn’t just keeping pace—it’s defining the future of reliable, affordable, and dominant energy. From record-breaking oil and gas output to a massive […]

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Chevron CEO Sees More Pipelines Built to Bypass Strait of Hormuz – More unreported attacks in the Strait impact transits.

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In a wide-ranging Bloomberg Surveillance interview aired today, Chevron Chairman and CEO Mike Wirth painted a sobering picture of ongoing disruptions in the Strait of Hormuz while signaling that the industry is accelerating plans for alternative infrastructure to reduce reliance on the critical chokepoint. Wirth confirmed that multiple vessels transiting the Strait of Hormuz have […]

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Data Centers in Virginia Are Booming—and Using 10,000 Diesel Generators

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Virginia’s Northern Virginia region, often called “Data Center Alley,” is the epicenter of the world’s largest concentration of data centers. These massive facilities power everything from cloud computing to AI training, routing up to 70% of global internet traffic. But the boom comes with trade-offs that are increasingly visible to nearby residents: thousands of diesel […]

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Russia and Kazakhstan Sign Nuclear Power and Currency Swap Deals as Putin Visits Astana

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In a significant step forward for bilateral energy and financial cooperation, Russia and Kazakhstan signed key agreements on nuclear power financing and a ruble-tenge currency swap during Russian President Vladimir Putin’s visit to Astana today. The deals were inked as Putin met with Kazakh President Kassym-Jomart Tokayev. They underscore deepening ties in the energy sector […]

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The Iran War exposes the illusions of energy policy

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Smon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), recently declared in Paris that those who have fought to keep the world dependent on fossil fuels are “inadvertently supercharging the global renewables boom” — citing the ongoing U.S.-Israeli war with Iran as evidence. It is a striking claim. But it […]

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