Ali Caldwell
More from Ali Caldwell
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Former Democratic donor and Soros partner is Trump’s pick for Treasury
Elon Musk criticized him as the “business-as-usual choice” for Treasury, but markets are cheering on routine. President-elect Donald Trump announced Scott Bessent is his pick for Treasury secretary, ending an internal battle over the top economic post that some described as a knife fight. But there’s a bullet point in Bessent’s resume that has rubbed some… -
Newsom says California will intervene if Trump ends federal EV incentives
California Democratic Gov. Gavin Newsom is preparing for a potential clash with President-elect Donald Trump over electric vehicle (EV) incentives. Trump has signaled plans to roll back federal tax credits for EVs, a measure established under the Biden administration’s Inflation Reduction Act. In response, Newsom has pledged to sustain the $7,500 EV incentive in California… -
Thanksgiving dinner will cost less for the second year despite bird flu
Inflation has been a major topic of discussion in recent years. While the rise in grocery prices has slowed down to a 1% increase over the last 12 months, the price of Thanksgiving dinner fell for the second straight year. A Thanksgiving meal for 10 people will cost $58.08 in 2024, or $5.81 per person,… -
Nantucket’s offshore wind pushback begins again over new development
The island community of Nantucket, Massachusetts is facing renewed controversy over offshore wind projects. This time, local opposition is mounting against SouthCoast Wind, a proposed development which will be installed in the waters surrounding the town, consisting of 149 turbines that are expected to power over one million homes. The debate follows an earlier incident… -
Trump taps fossil fuel executive Chris Wright for energy secretary role
President-elect Donald Trump has announced Chris Wright, CEO of Liberty Energy, the world’s second-largest provider of hydraulic fracturing services, as his nominee for secretary of energy. If confirmed, under Wright’s leadership, the Department of Energy is likely to adopt a much different approach to policy when compared to the previous four years. “There is no… -
Alaskan city says new road will save lives, opponents fear it will impact wildlife
The Biden administration expressed support for a controversial $24 million road project connecting the remote city of King Cove, Alaska, to the Cold Bay Airport. Proponents argue the road is critical for providing year-round access to medical evacuations. However, environmentalists are concerned about the project’s impact on the ecosystems within the Izembek National Wildlife Refuge.… -
US plan to triple nuclear energy capacity by 2050 faces financial concerns
The Biden administration announced a new energy initiative to expand U.S. nuclear capacity to 200 gigawatts by 2050. That’s a 200% increase over 2020 levels, with enough power to meet the electricity needs of up to 170 million homes. The plan includes building new reactors, renewing licenses for older plants, and restarting some retired facilities,… -
New electric scooter uses solar panels for on-the-go charging
Technology company Otherlab has announced a new product which aims to tackle one of the biggest consumer concerns with electric scooters, limited battery life. The company’s recently unveiled Lightfoot cargo scooter seeks to extend battery longevity by incorporating solar panels for continuous charging while on the move. “Around half of all the passenger trips taken… -
ExxonMobil chief urges Trump not to pull out of Paris climate agreement
A surprising business leader is urging President-elect Donald Trump not to withdraw from the Paris Climate Agreement for a second time. ExxonMobil CEO Darren Woods made the comments about the Paris agreement in interviews Tuesday, Nov. 12, at the United Nations Climate Change Conference in Azerbaijan. “I don’t think the stops and starts are the… -
World’s largest floating solar plant debuts, drawing environmental concerns
Taiwan has deployed the world’s largest floating solar power plant, expanding an earlier installation to more than double its previous energy output. The plant now provides enough electricity to power 74,000 Taiwanese households and is expected to offset 136,000 tons of CO2 annually, equivalent to the emissions produced by burning around 150 million pounds of… -
Does Trump have to sell his DJT stake? We asked a White House ethics lawyer
As President-elect Donald Trump prepares for his next four years in the White House, he has a new potential business conflict that didn’t exist during his first term: Trump Media and Technology Group. Back in 2017, his real estate empire was the biggest focus of ethics experts. But now he’s billions of dollars richer from… -
Markets are more uncertain about Trump victory in final days
Ahead of the Tuesday, Nov. 5, presidential election, the word of the week is “uncertainty.” Polls predict drastically different outcomes, like the Des Moines Register poll that has Vice President Kamala Harris leading in the deep-red state of Iowa. “This race is filled with uncertainty today,” political strategist David Axelrod said. And that uncertainty is… -
Chinese solar manufacturers shift operations to bypass US tariffs
Chinese solar panel manufacturers have a strategy for circumventing U.S. trade restrictions, responding to new tariffs by relocating production facilities to countries less affected by American policies. This shift has impacted the solar industry in Southeast Asia, following the U.S. Commerce Department’s implementation of duties reaching as high as nearly 300% that are targeted at…
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