Energy quick reads

** Biden administration estimates show that the US government could spend more than $1.8 trillion over ten years on energy tax subsidies, if they are made permanent. These costs could increase even further as new regulations, such as the recently finalized tailpipe emissions rule and proposed power plant rule, force greater adoption of tax credit‐​eligible technologies.

** The Biden administration approved a new wind project off the Massachusetts coast Tuesday that is large enough it will provide more electricity than the state’s former coal-fired generating station. Avangrid’s New England Wind is the United States’ eighth large offshore wind project to be greenlit and is tied for the largest ever approved, but will probably be smaller.

** This week, Grace Ocean Private Limited and Synergy Marine PTE LTD, the two firms that own and operate the ship that smashed into the Key bridge in Baltimore issued a court filing to limit their liability in the matter.

** Danish innovators are at work on a solar power enterprise on 2,000 acres in Pinal County, Arizona. Fascinatingly, the project just might energize your social media use sometime soon, as Facebook parent company Meta is going to be a main destination for the electricity, powering a nearby data center.

** The Biden administration has dismissed a deal with House Speaker Mike Johnson to tie Ukraine aid to lifting the Biden administration’s pause of new liquefied natural gas export licenses.

** Tens of millions of Americans could see skyrocketing internet bills this spring or may be abruptly kicked off their plans — and it will be congressional Republicans who are to blame, the Biden administration said Tuesday.

** The Tennessee state House of Representatives passed a bill Monday designed to prevent geoengineering, the practice of intentionally modifying the atmosphere to counteract global warming.


** Canadian-based Enbridge Inc. sold $3.5 billion of debt on Tuesday following a downgrade last week by Moody’s Ratings.

** Ukraine has used more drones to carry out attacks against Russia including another assault on an oil refinery 800 miles from the border.

** The Panama Canal will need at least the rest of this year to fully recover from the 2023 drought that depleted water levels, choked vessel traffic and cost shippers millions of dollars.