Energy Policy

Core Summary The Trump administration’s latest round of offshore wind lease buybacks has brought the total repurchase amount to nearly $4 billion. This move marks a significant shift in U.S. energy policy from renewable energy toward fossil fuels. Environmental organizations warn this will seriously hinder America’s efforts to address climate change. Event Details According to the Associated Press, the Trump administration is conducting its latest round of offshore wind lease buybacks, bringing the cumulative total to nearly $4 billion. These leases were originally obtained by energy companies during the Biden administration for developing offshore wind projects along the U.S. East Coast. ...

Core Summary The Trump administration announced on June 23 a loan package totaling $17.5 billion to support the construction of ten large nuclear reactors across the United States. This represents the largest direct federal financial support for the nuclear energy sector in recent years, marking a major strategic shift in US energy policy toward nuclear power. Event Details The Department of Energy officially unveiled the details of the loan program. The funds will be distributed through the DOE’s Loan Programs Office to support multiple energy companies in building next-generation large light-water reactors at various sites across the country. The projects receiving loan support are spread across multiple states, covering the full industrial chain from reactor design and equipment procurement to construction. ...

Maine Governor Janet Mills vetoed L.D. 307, which would have paused new data center construction permits until November 2027, marking the first statewide moratorium of its kind in the US.