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Despite President Trump’s big promises of driving down consumer energy bills, the cost of energy actually rose for consumers in 2025. Throughout his electoral campaign and during his first year in office, Trump pledged to slash Americans’ energy bills. However, his new approach to energy seems to have done the opposite, with higher prices expected for 2026 and beyond. Upon entering office for his second term, President Trump announced a state of energy emergency, quickly passing executive orders to curb the rollout of former-President…
On a global level, solar energy has grown exponentially over the last few decades as costs have plummeted and demand has risen accordingly. It is estimated that the world added a third more solar power in 2025 than it did in 2024, marking a remarkable quantity of added capacity. But while renewables are proving too cheap to fail, there are some notable drawbacks to the rapid addition of these resources – most notably the insufficient co-addition of supportive grid and transmission infrastructure and the variability of solar and wind energy,…
Canada is cozying up to China as political tensions heat up between Canada and the United States. Canadian Prime Minister Mark Carney made key deals with China earlier this month on a diplomatic trip to Beijing, including major agreements for Chinese electric vehicles on the Canadian market and Canadian canola on the Chinese market. Carney also agreed to cooperate with China on generating more energy – both clean and conventional – going forward. These deals signal a broad shift in Canada’s diplomatic and trade strategy with a…
Electric utility stocks seem to have tapered off, after all the hoopla about how demand from AI would transform the business turned into concern that demand from AI would raise prices to consumers and rile the politicians who set the rates. Maybe it is time to reassess what investors expect. First, understand that Wall Street focuses most on one number in utility financial valuation nowadays, the growth of rate base, because regulators set earnings as a percentage of rate base. The bigger the rate base, the more the utility’s income. We calculate…
The renewed U.S. interest in taking control over Greenland – one way or another – has placed the Arctic island back in the spotlight a year after U.S. President Donald Trump first suggested the United States should buy Denmark’s autonomous territory. The Trump Administration’s reasons and intensified pressure on NATO allies aside, is Greenland really worth it? The island, which is the size of about a fourth of the continental U.S., is estimated to hold oil and gas resources, as well as critical minerals and rare…
