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ENERGY AND MINING

Latest Headlines
A new law makes thousands of dollars in incentives available for home energy upgrades.
Xcel hopes to start major construction on the solar project next spring. It will be built in two phases, in 2023-24 and 2024-25.
The company and its supporters want an environmental review of its project, not a blanket ban or study on hypothetical projects within the watershed.
Severe cold weather across the southern U.S. in February 2021 sent energy prices soaring across the U.S. due to gas supply disruptions and a spike in demand. While the weather had a particularly severe effect on Texas’ power grid, customers in Minnesota ended up seeing significant increases in prices. Customers of the state's gas utilities ended up getting charged around $660 million more than they normally would in February.
Presently, the state’s two aging nuclear plants are set to shut down in the 2030s, and while many say nuclear could be the answer to reliable clean energy, massive costs and environmental concerns remain a major roadblock. But would nuclear have any future in Minnesota if the state lifted its ban?
Roughly a thousand people were arrested during those actions. Some were charged with relatively serious crimes, including gross misdemeanors and felonies.

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The report comes as the Biden administration prepares in the coming months to unveil new safety-related rules to curb methane emissions from pipeline systems that transport gas from production to local distribution.
The president will also call on states to temporarily suspend state fuel taxes, which are often higher than federal rates, and he will challenge major oil companies to bring back idled refining capacity.
Particularly galling to the White House is the jump in industry stock buybacks, returning to investors profits that the administration wants invested in more refining capacity to bring gasoline prices down.

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