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CleanTechnica•21 days ago

•The Trump Administration is seeking a broad exemption for all Gulf of Mexico oil and gas exploration and drilling from the Endangered Species Act (ESA), citing national security concerns.
•A federal 'God Squad' panel is scheduled to meet next week to review this exemption request.
•This move signals a significant federal policy shift prioritizing fossil fuel extraction, potentially leading to increased domestic oil and gas supply from the Gulf.

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CleanTechnica•21 days ago

•Global oil prices surged above US$100/barrel following US/Israel attacks on Iran and Iran's closure of the Strait of Hormuz, disrupting 20% of global oil supply.
•The oil price surge is severely impacting African economies (Ethiopia, Kenya, Nigeria, Senegal, South Africa), indicating increased energy costs for power generation, transportation, and overall economic instability.
•For developers and large power consumers, this implies significantly higher operating costs for oil-fired generation and transportation, making renewable energy projects (solar, wind) more economically competitive and urgent for energy security and cost stability.

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CleanTechnica

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