Clean energy journalism for a cooler tomorrow

GOP divided on fate of Energy Department loan program

By Ken Paulman

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CLEAN ENERGY: While the Project 2025 policy blueprint calls for eliminating the Energy Department’s Loan Programs Office, Republican lawmakers are uncertain, with some saying the program, which turned a profit last year, could be retooled to emphasize energy sources like nuclear that are favored by conservatives. (E&E News, New York Times archive)

ALSO:

  • The Loan Programs Office announces a $7.54 billion loan for an electric vehicle battery plant in Kokomo, Indiana, though it is uncertain whether it will be finalized before President-elect Trump takes office. (Reuters)
  • A $4.9 billion federal loan guarantee for a major Midwest transmission project faces uncertainty about whether the Trump administration will follow through with the commitment. (Canary Media)
  • Duke Energy has paused consideration of whether to apply for infrastructure funding through the Loan Programs Office, citing uncertainty about the program’s future. (Utility Dive)

EQUITY: Advocates say anticipated Trump administration climate rollbacks, particularly the expected elimination of the Justice40 initiative, will hit Black communities especially hard. (Capital B News) 

EMISSIONS: The Regional Greenhouse Gas Initiative offers a model of successful state-led action on decarbonization, and is considering ways to expand participation as Trump pledges to roll back federal climate policies. (Energy News Network)

STORAGE: Duke Energy moves to demolish the final units of a former coal plant in North Carolina and replace it with a 167 MW battery storage facility, marking a step toward renewables even though the utility still plans to build gas-fired power elsewhere. (Canary Media)

WIND: A federal agency identifies environmental measures it will likely take in a group of six offshore wind lease areas off New York, pushing ahead despite Trump’s claims he will stop offshore wind development. (Maritime Executive)

NUCLEAR: A Tennessee city that’s historically been a hotspot for nuclear research is seeing a resurgence of interest from companies eager to take part in a new ​“nuclear renaissance.” (Knoxville News Sentinel)

PIPELINES: Whistleblowers warn the federal Pipeline and Hazardous Materials Safety Administration is ​“putting profit over safety” by largely relying on private inspectors hired by pipeline companies to monitor compliance with safety rules. (E&E News)

COAL: Wyoming and Montana join a lawsuit accusing three investment firms of following a ​“climate activist agenda” by colluding to acquire large stakes in publicly held coal companies and forcing the firms to slash Powder River Basin mine production. (Cowboy State Daily)

EFFICIENCY: A Minneapolis nonprofit is leading the construction of passive homes on the city’s north side that aim to save homeowners with minimal electric and heating bills. (Sahan Journal)

COMMENTARY: A Western journalist says the incoming Trump administration’s pro-drilling agenda will harm the environment while doing little to bolster oil and gas production — which reached record levels under Biden. (Land Desk)