Tim McDonnell

4 days ago | semafor.com | Tim McDonnell

Oil prices jumped on Monday despite the decision by OPEC and its partners to increase their production quotas for the third time in as many months. But many analysts remain decidedly bearish about their trajectory over the next couple of years, with far-reaching implications for the US economy and foreign policy.

1 week ago | semafor.com | Tim McDonnell

As budget negotiations grip the US Congress, some lawmakers are already looking ahead to the next big energy fight, one with even higher stakes for clean energy and the AI power race: Permitting reform. Bipartisan discussions “are being seeded now” on the scope of a bill that could speed up approvals for new grid lines and pipelines, and restrict the use of litigation to block such projects, Rep.

2 weeks ago | semafor.com | Tim McDonnell

Outside the small town of Merryville, Louisiana, an experiment in a new kind of climate finance is taking root. Qarlbo Biodiversity, a Swedish startup backed by the hedge fund billionaire Conni Jonsson, said it has completed the first deal in the US to sell “biodiversity credits” from a 16-square-mile stand of pine trees it manages there. The area, close to the Texas border, is known for commercial timber plantations.

2 weeks ago | semafor.com | Tim McDonnell

US energy lobbying groups are regrouping after an unsuccessful outcome from the first round of budget negotiations in the House of Representatives, hoping their message about the economic benefits of clean energy tax credits will be better received in the Senate.

2 weeks ago | yahoo.com | Tim McDonnell

The ScoopThe US Department of Energy plans to cancel seven major loans and loan guarantees that had been conditionally approved under the Biden administration.