President Donald Trump speculated Thursday that his former adviser Elon Musk opposes the Republicans’ tax cut, energy and security spending megabill over its provisions to end policies to promote electric vehicles.
The conservative House Freedom Caucus said Friday it would “not accept” changes that “water down” its cuts to green energy tax credits as the Senate weighs whether to alter parts of the One Big Beautiful Bill Act.
The Trump administration has pursued an energy policy that prioritizes the development of fossil fuels, such as oil, coal and natural gas, over renewable sources like wind and solar. In Washington, Congress is considering speeding up approval of oil and natural gas projects and cutting incentives for low-carbon electricity development.
FIRST ON FOX: A Republican Florida congressman is looking to codify several of President Donald Trump's executive actions pertaining to domestic energy production through legislative action he took Monday.
More than three-quarters of new gas pipeline capacity under development in the US would feed additional liquefied natural gas exports rather than supporting domestic energy needs, a new report concludes.
Ensuring the nation’s power grids can reliably deliver electricity is clashing with the tech industry’s voracious appetite for energy — pushing the risks of power outages to new highs, executives of regional power markets told federal regulators Wednesday.