World’s 65 Biggest Banks Pumped $906 Billion Into Fossil Fuels in 2025. The Iran War will escalate exploration and production, pipelines, and energy security spending and financing.

In a striking confirmation of the enduring role of fossil fuels in global finance, the world’s 65 largest banks committed a record $906 billion to oil, natural gas, and coal companies in 2025 — an 8% jump from $869 billion the year before. This marks the second straight year of rising fossil fuel financing after […]

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New York Just Got a Huge Influx of Clean Power From Canada. It Still Needs More, and Will Canada Cut the Power if They Don’t Agree with Trump?

New Yorkers woke up to a major milestone in the state’s green energy transition on June 1, 2026: the Champlain Hudson Power Express (CHPE) transmission line began flowing hydroelectric power from Quebec, Canada, directly into Queens. This $6 billion underground and underwater project, developed in partnership with Hydro-Québec, delivers up to 1,250 MW of carbon-free […]

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An Economic Assessment of the 765-kV Strategic Transmission Expansion Plan Brent Bennett, Ph.D. talks about An Alternative Approach to Enable Cost-Effective Growth

Texas is facing explosive electricity demand growth from the Permian Basin’s oil and gas operations, data centers, manufacturing, and electrification. In response, ERCOT and the Public Utility Commission of Texas (PUC) have fast-tracked the 765-kV Strategic Transmission Expansion Plan (STEP)—including the Permian Basin Reliability Plan (PBRP)—a massive build-out of high-voltage transmission lines designed to import […]

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State Attorneys General Sue Trump Administration Over Payment Ending Offshore Wind ProjectsHow Much Has Climate Lawfare Cost US Consumers?

In the latest chapter of the green energy wars, a coalition of Democratic state attorneys general filed suit Tuesday against the Trump administration’s deal to wind down costly offshore wind projects. The lawsuit, led by New York Attorney General Letitia James and joined by her counterparts in Connecticut, Maine, Massachusetts, New Jersey, Rhode Island, and […]

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