Annual Defense Bill Becomes Battleground for U.S.-China Tech Competition As Washington grapples with a government shutdown, behind-the-scenes negotiations over the…
Major Grid Modernization Project Moves Forward The Department of Energy has finalized a significant $1.6 billion loan guarantee to upgrade…
Federal banking regulators have eliminated climate risk planning mandates for major financial institutions, calling the requirements unnecessary. The move represents the latest reversal of climate-focused policies as political dynamics shift in Washington.
Federal regulators have revoked requirements that the nation’s largest financial institutions incorporate climate risk considerations into their long-term strategic planning, according to reports from Washington and New York. The policy reversal affects banks with over $100 billion in assets and represents the latest removal of climate-focused measures from federal financial regulation.
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The Department of Energy has finalized a $1.6 billion loan guarantee for grid modernization despite the Trump administration’s review of other energy projects. The funding will upgrade 5,000 miles of transmission lines across five states while similar renewable energy grants face cancellation.
The U.S. Department of Energy has finalized a $1.6 billion loan guarantee to upgrade approximately 5,000 miles of transmission lines, according to reports. The project will enhance electrical grid capacity in Indiana, Michigan, Ohio, Oklahoma, and West Virginia without adding new routes, instead focusing on increasing the capacity of existing infrastructure.
