Latest news with #UnleashingAmericanEnergy
Yahoo
10-06-2025
- Business
- Yahoo
Veregy Awarded Spot on U.S. Army Corps of Engineers ESPC MATOC, Expanding Federal Capabilities
Phoenix, Arizona, June 10, 2025 (GLOBE NEWSWIRE) -- Veregy has secured a position on the U.S. Army Energy Performance Contracts (ESPC), Multiple Award Task Order Contract (MATOC), an indefinite delivery/indefinite quantity (IDIQ) vehicle issued by the U.S. Army Corps of Engineers (USACE) Engineering and Support Center in Huntsville, Alabama. The contract includes a base ordering period from June 2025 to June 2030, with an option period extending through June 2035, and carries a program ceiling of $3 billion. With this award, Veregy stands ready to compete for mission-critical infrastructure projects across the Army. Leveraging our proven track record in federal energy and infrastructure programs, including key initiatives with National Oceanic and Atmospheric Administration (NOAA), grid independence with the Arizona Department of Emergency and Military Affairs (DEMA), and the U.S. Geological Survey's Earth Resources Observation and Science (EROS) Center Veregy is prepared to deliver innovative, cost-effective solutions that align with federal objectives. This contract aligns with President Trump's energy policy, emphasizing the 'Unleashing American Energy' initiative. It prioritizes reliable baseload power, fast-tracks energy infrastructure projects, and bolsters national and defense energy security by expediting permitting through the Corps under the national energy emergency declaration. 'We are honored by this award and excited to leverage our federal and energy expertise to support the U.S. Army's critical missions,' said Tom Menard, Veregy Federal Account Manager. 'This contract positions us to deliver resilient, mission-enabling infrastructure in alignment with national energy and defense priorities.' Veregy looks forward to collaborating closely with the Army Corps and Army commands, delivering repeatable, reliable, and scalable fence-to-fence solutions that maximize existing investments. Our goal is to help the Army achieve energy resilience and security, support mission readiness, and expand our federal service footprint well into 2035. VeregyVeregy is an award-winning, NAESCO-accredited energy-services company that focuses on accelerating and simplifying the energy transition. We provide turnkey engineering and construction services designed to reduce our clients' energy and operating costs by implementing energy efficiency and infrastructure upgrades, smart building technology, electric vehicle (EV) infrastructure, clean energy generation, and sustainability initiatives. CONTACT: Vincent Esparza Veregy 6024528746 vesparza@
Newsweek
09-06-2025
- Politics
- Newsweek
The Trump Administration's Fossil Fuels Decisions Are Taking America—and the Rest of the World—Backward
No matter who's in the White House, most Americans can agree on one thing: our leaders should put the health and safety of our communities—especially our kids—first. But the Trump administration's recent decisions on fossil fuels are endangering our country, and the rest of the world. Here on the Gulf Coast, we've seen the damage caused by the petrochemical industry—including polluted air and water, oil spills, more intense hurricanes and floods, rising energy costs, and other heartbreaking impacts on our children's health. It's already been devastating, and now the Trump administration is doubling down on its fossil fuel agenda that will only leave us suffering. A person wears a face mask as smoke from wildfires in Canada cause hazy conditions in New York City on June 7, 2023. A person wears a face mask as smoke from wildfires in Canada cause hazy conditions in New York City on June 7, 2023. ANGELA WEISS/AFP via Getty Images Trump's Department of Energy (DOE)—run by a gas industry CEO—finally responded to over 100,000 comments submitted on its LNG exports studies from last year. Instead of listening to the public, this response just buries the truth and clears the way for even more exports. Trump has already handed out approvals and extensions for multiple LNG projects, including Golden Pass, Delfin, and Commonwealth LNG. He's even pushed for a fast-tracked deep-water port for more exports. We aren't making up the impacts of this dangerous expansion. Numerous reports and even former President Joe Biden's DOE proved that liquefied natural gas (LNG) exports and their facilities release deadly pollution, raise energy prices, displace clean energy globally, and could cause disasters, like the explosion at the Freeport plant, due to outdated regulations. And instead of fixing those regulations, Transportation Secretary Sean Duffy is trying to rewrite them in favor of cost savings for industry, not safety for the public. Meanwhile, the Environmental Protection Agency just made it easier for companies to delay or avoid pollution rules that protect our air and water. The Department of the Interior is also asking the public which environmental safeguards they should scrap—while people all across the country are already living with toxic air and contaminated water. Trump hasn't stopped there—the administration and its allies in Congress have announced that they intend to expand reckless drilling in our oceans, while also rolling back the safety measures put in place to safeguard our waters, marine life, and coastal communities from the harms of development. These short-sighted decisions on fossil fuels are part of Trump's Unleashing American Energy executive order. But this isn't about American energy independence. It's about further enriching the wealthy—the corporate polluters who bought access to Trump by giving millions to his campaign—while Americans are left to deal with the consequences: dirty air to breathe, unsafe drinking water, rising bills, and a climate crisis spinning out of control. Our elected officials have given untrustworthy fossil fuel companies far too much access to the places we know and love, all for the sake of making more money and gaining more power. As a mom, a frontline leader, and an advocate for environmental justice living in Sulphur, La., I refuse to stay quiet while our government sells out our health and well-being just to benefit a handful of politicians and fossil fuel billionaires. Will our leaders do their job of protecting our communities, or will they continue doing the bidding of a handful of CEOs? It's becoming clearer every day which side they're on. Roishetta Ozane is the founder of Vessel Project of Louisiana, a small mutual aid and environmental justice organization. The views expressed in this article are the writer's own.
Yahoo
01-06-2025
- Business
- Yahoo
The fight to save California public land from a Canadian mining company
I live in a ghost town — once the most lucrative silver mine in California. For the past five years, I've spent nearly every day rebuilding Cerro Gordo, a long-abandoned boomtown perched high in the Inyo Mountains above Owens Valley. The buildings are collapsing. The roads wash out with every storm. Owens Lake, once full of water, is now a dry, desolate dust bowl. If anyone understands what's left behind after a gold rush ends, it's me. But the ghosts here aren't just long-gone miners, they're the consequences of short-term thinking. And now, we're about to summon more of them. This time, it will be on public land that should belong to all of us. The Bureau of Land Management recently released a Draft Environmental Impact Statement endorsing what amounts to the most permissive plan legally possible for a controversial mining project — just eight miles from Death Valley National Park and three miles from my front door. The plan would allow K2 Gold, a Canadian mining company, to cut new roads and drill up to 30 sites across one of the last intact stretches of California's high desert — public land. Yours, mine and ours. And under an outdated federal law, it can be torn open, stripped bare and left behind, without a dime paid to the people who actually own it, all in preparation for what they hope will become an open-pit cyanide leach mine. The BLM claims that this project supports Department of the Interior Secretarial Order 3418 – Unleashing American Energy, and helps 'meet the needs of American citizens.' But that order is about unlocking domestic energy and critical minerals. Gold isn't one. The U.S. Geological Survey was tasked with identifying critical minerals, and of the 50 they listed in 2022, gold didn't make the cut. It's not needed for national security. It's not about American energy. And with profits flowing to foreign investors, it's hard to see how it meets any real need of American citizens. The land in question — Conglomerate Mesa — isn't some empty tract of remote desert. Overlanders see it from Death Valley National Park. Millions of travelers driving Highway 395 through Lone Pine toward Mammoth Lakes or Yosemite see it from the road. Each year, 20,000 hikers on Mt. Whitney look out over this landscape which is currently filled with Joshua trees, ancient bristlecone pines and sacred Indigenous sites. But if this project succeeds, they'll look out on a growing open pit mine, slowly dismantling an entire mountain. In 2021, an earlier version of this project was halted after overwhelming public opposition. More than 20,000 people submitted comments, and the BLM issued its most restrictive ruling. What changed? Not the land. Now, the project is being fast-tracked under a new federal directive — Secretarial Order 3418 — to promote domestic resource development. But there's nothing 'domestic' about this. Thanks to the General Mining Act of 1872, written in the days of pickaxes and prospectors, long before national parks, environmental laws or even statehood in much of the West, mining companies can stake claims and extract hardrock minerals from public lands royalty-free. The law originally applied to 'citizens,' but under modern interpretation, that includes any company incorporated in the U.S. — even if its ownership and profits lie abroad. That's how foreign firms like K2 Gold, operating through U.S. subsidiaries, can mine our public lands without paying a cent in royalties. According to the Center for American Progress, nine of the 14 gold-producing companies operating in the U.S. are foreign-owned. The Government Accountability Office estimates that closing this royalty loophole could generate up to $800 million annually for the U.S. Treasury. Every other extractive industry — oil, gas and coal — pays for the resources it takes from public land. Mining doesn't. It's the only nonrenewable industry in the country that still gets a completely free ride. Meanwhile, communities like mine bear the cost. The gold K2 is chasing won't benefit Inyo County. It won't fund schools, pave roads or create long-term jobs. It will flow to investors in Vancouver. And what's left behind — scarred land, abandoned roads and a hurting economy — will stay right here. Tourism — not mining — is the economic backbone of this region. Inyo County is home to Mount Whitney, the tallest peak in the lower 48, and serves as a gateway to Death Valley National Park. Conglomerate Mesa sits between them, visible to hikers, travelers and overlanders who sustain local businesses. If this mine moves forward, that future disappears. Hikers and photographers won't return to roads lined with fences and machinery, and the businesses they once supported will vanish, too. Proponents say it's 'just exploration,' but that's like calling the first swings of an axe 'just pruning.' Once roads are carved and drills begin, the damage is real and permanent. I've seen what mining leaves behind because I live among its ruins. Mining may be part of California's past, but it doesn't have to define its future, and the good news is that we can do something about it. Right now, the BLM is accepting public comments on its draft environmental review. In 2021, more than 20,000 people spoke out — and it worked. The BLM issued the most restrictive ruling possible. That can happen once again, but it takes action. Brent Underwood is the owner and caretaker of Cerro Gordo, a historic 19th-century mining town in the Inyo Mountains. He has lived there full-time since 2020, working to preserve its history and shared his story in his book Ghost Town Living .
Time of India
24-05-2025
- Automotive
- Time of India
How Elon Musk's Tesla could benefit from Trump's ‘big beautiful bill' that axes EV subsidies
You have until December 31 to buy an electric vehicle and claim the $7,500 tax credit if Trump's 'One Big, Beautiful Bill' makes it through the Senate (likely) and on to the president's resolute desk for his signature (for sure). Currently, the EV tax credits, which were implemented after former President Biden signed the Inflation Reduction Act in 2022, are set to expire December 31, 2032. On January 20, Trump signed an executive order titled 'Unleashing American Energy,' which seeks to eliminate tax credits for electric vehicles (EVs) and halt federal funding for the national EV charging network. While the order effectively ended funding for the charging infrastructure in February, the EV tax credits are still in place. Why no tax credit could be a good news for Tesla? The $7,500 federal tax credit for electric vehicles is likely to be eliminated by the end of the year, according to a draft proposal released yesterday by the House Ways and Means Committee. The proposal is expected to be included in President Donald Trump's forthcoming comprehensive legislation, often referred to as his 'one big, beautiful bill.' The bill will not only eliminate the $7,500 credit on new EV purchases, but also the $4,000 credit given on the purchase of used electric vehicles, and a $1,000 credit on the installation of Level 2 chargers. It will also impact solar subsidies that help generate clean energy in a residential setting. EVs would also be subject to a $250 road use fee. While the loss of this credit could be a significant setback for many electric vehicle manufacturers—who depend on it to help offset the higher cost of EVs—it may not impact Tesla as severely. During a July earnings call, CEO Elon Musk was asked how the potential rollback of Biden-era tax incentives might affect the company. His response was characteristically opaque: 'I guess there would be like some impact. But I think it would be devastating for our competitors and would hurt Tesla slightly. But long term, probably actually helps Tesla, would be my guess.' Though Musk didn't elaborate, there may be merit to his assessment. For Tesla, there could be some positives from the bill and it all comes down to timing. In the long run, the current situation wouldn't bode well for Tesla—particularly if it weren't for two key developments: a slight delay in delivery timelines and the upcoming launch of more affordable vehicle models. Tax credit sun-setting advantage As the $7,500 EV tax credit will begin to phase out, it presents a unique opportunity for Tesla. Potential buyers who've been hesitant now face a decision: purchase an EV this year while the credit is still available, or wait and gamble on future price cuts. It's likely that many of these on-the-fence consumers will choose to act now, boosting Tesla's sales simply due to this sense of urgency. Other automakers are expected to benefit from the same dynamic. This surge in demand could help compensate for Tesla's sluggish start to the year, largely due to production line upgrades for the Model Y at its global facilities. Affordable models on the horizon Earlier this year, Tesla announced plans to introduce more affordable vehicles in the first half of 2025. These models are expected to be priced around $30,000, though the company hasn't confirmed exact pricing. Ideally, these new EVs will be accessible even without tax incentives—targeting a broader customer base across the US The arrival of truly affordable models could help mitigate the impact of expiring tax credits, positioning Tesla to maintain competitiveness and appeal to cost-conscious buyers.
Time of India
23-05-2025
- Automotive
- Time of India
How Elon Musk's Tesla could benefit from Trump's ‘big beautiful bill' that axes EV subsidies
You have until December 31 to buy an electric vehicle and claim the $7,500 tax credit if Trump's 'One Big, Beautiful Bill' makes it through the Senate (likely) and on to the president's resolute desk for his signature (for sure). Currently, the EV tax credits, which were implemented after former President Biden signed the Inflation Reduction Act in 2022, are set to expire December 31, 2032. On January 20, Trump signed an executive order titled 'Unleashing American Energy,' which seeks to eliminate tax credits for electric vehicles (EVs) and halt federal funding for the national EV charging network. While the order effectively ended funding for the charging infrastructure in February, the EV tax credits are still in place. ALSO READ: 10 ways Trump's 'big beautiful bill' could affect your wallet by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 34歳以上の男性が今年最高のゲームと絶賛！ BuzzDaily Winners ゲームをプレイ Why no tax credit could be a good news for Tesla? The $7,500 federal tax credit for electric vehicles is likely to be eliminated by the end of the year, according to a draft proposal released yesterday by the House Ways and Means Committee. The proposal is expected to be included in President Donald Trump's forthcoming comprehensive legislation, often referred to as his 'one big, beautiful bill.' The bill will not only eliminate the $7,500 credit on new EV purchases, but also the $4,000 credit given on the purchase of used electric vehicles, and a $1,000 credit on the installation of Level 2 chargers. It will also impact solar subsidies that help generate clean energy in a residential setting. EVs would also be subject to a $250 road use fee. Live Events While the loss of this credit could be a significant setback for many electric vehicle manufacturers—who depend on it to help offset the higher cost of EVs—it may not impact Tesla as severely. During a July earnings call, CEO Elon Musk was asked how the potential rollback of Biden-era tax incentives might affect the company. His response was characteristically opaque: 'I guess there would be like some impact. But I think it would be devastating for our competitors and would hurt Tesla slightly. But long term, probably actually helps Tesla, would be my guess.' ALSO READ: In US tax bill, babies to get $1,000 bonus in 'Trump Accounts': Check eligibility criteria and other details Though Musk didn't elaborate, there may be merit to his assessment. For Tesla, there could be some positives from the bill and it all comes down to timing. In the long run, the current situation wouldn't bode well for Tesla—particularly if it weren't for two key developments: a slight delay in delivery timelines and the upcoming launch of more affordable vehicle models. Tax credit sun-setting advantage As the $7,500 EV tax credit will begin to phase out, it presents a unique opportunity for Tesla. Potential buyers who've been hesitant now face a decision: purchase an EV this year while the credit is still available, or wait and gamble on future price cuts. It's likely that many of these on-the-fence consumers will choose to act now, boosting Tesla's sales simply due to this sense of urgency. Other automakers are expected to benefit from the same dynamic. This surge in demand could help compensate for Tesla's sluggish start to the year, largely due to production line upgrades for the Model Y at its global facilities. ALSO READ: Trump's 'Big, beautiful bill' is here: Who are the top gainers and losers? Check details Affordable models on the horizon Earlier this year, Tesla announced plans to introduce more affordable vehicles in the first half of 2025. These models are expected to be priced around $30,000, though the company hasn't confirmed exact pricing. Ideally, these new EVs will be accessible even without tax incentives—targeting a broader customer base across the US The arrival of truly affordable models could help mitigate the impact of expiring tax credits, positioning Tesla to maintain competitiveness and appeal to cost-conscious buyers.
