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Sparks

JD Vance on Climate Change: ‘Let’s Just Say That’s True’

“For the sake of argument.”

JD Vance.
Heatmap Illustration/Getty Images

We didn’t have to wait long for climate to come up during tonight’s vice presidential debate between VP hopefuls Republican JD Vance and Democrat Tim Walz — the night’s second question was about the devastation caused by Hurricane Helene and fueled by warmer air and waters due to climate pollution.

Vance started off his answer innocuously enough, extending his thoughts and prayers to those affected by the hurricane and then proceeding to some campaign boilerplate. “I think it’s important for us, first of all, to say Donald Trump and I support clean air and clean water,” Vance said up top, echoing Trump’s claim that he wants “absolutely immaculate clean water and … absolutely clean air,” from the presidential debate back in June. (It’s worth noting, of course, that his policy choices tell a different story.)

Vance then proceeded to hedge the climate change question in a way that wound up backing him right into it. “One of the things that I've noticed some of our Democratic friends talking a lot about is a concern about carbon emissions, this idea that carbon emissions drives all of the climate change,” Vance said. “Well, let’s just say that's true — just for the sake of argument, so we’re not arguing about weird science. Let’s just say that’s true.”

He then went on to describe an America-first all-of-the-above energy and manufacturing policy that sounded more than a little familiar.

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Sparks

It’s Been a Big 24 Hours for AI Energy Announcements

We’re powering data centers every which way these days.

Google and Exxon logos.
Heatmap Illustration/Getty Images

The energy giant ExxonMobil is planning a huge investment in natural gas-fired power plants that will power data centers directly, a.k.a. behind the meter, meaning they won’t have to connect to the electric grid. That will allow the fossil fuel giant to avoid making the expensive transmission upgrades that tend to slow down the buildout of new electricity generation. And it’ll add carbon capture to boot.

The company said in a corporate update that it plans to build facilities that “would use natural gas to generate a significant amount of high-reliability electricity for a data center,” then use carbon capture to “remove more than 90% of the associated CO2 emissions, then transport the captured CO2 to safe, permanent storage deep underground.” Going behind the meter means that this generation “can be installed at a pace that other alternatives, including U.S. nuclear power, cannot match,” the company said.

The move represents a first for Exxon, which is famous for its far-flung operations to extract and process oil and natural gas but has not historically been in the business of supplying electricity to customers. The company is looking to generate 1.5 gigawatts of power, about 50% more than a large nuclear reactor, The New York Timesreported.

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Sparks

Trump Promises ‘Fully Expedited’ Permitting in Exchange for $1 Billion of Investment

But ... how?

Donald Trump.
Heatmap Illustration/Getty Images

President-elect Donald Trump on Tuesday rocked the energy world when he promised “fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals” for “Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America,” in a post on Truth Social Tuesday.

“GET READY TO ROCK!!!” he added.

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Sparks

The Mad Dash to Lock Down Biden’s Final Climate Dollars

Companies are racing to finish the paperwork on their Department of Energy loans.

A clock and money.
Heatmap Illustration/Getty Images

Of the over $13 billion in loans and loan guarantees that the Energy Department’s Loan Programs Office has made under Biden, nearly a third of that funding has been doled out in the month since the presidential election. And of the $41 billion in conditional commitments — agreements to provide a loan once the borrower satisfies certain preconditions — that proportion rises to nearly half. That includes some of the largest funding announcements in the office’s history: more than $7.5 billion to StarPlus Energy for battery manufacturing, $4.9 billion to Grain Belt Express for a transmission project, and nearly $6.6 billion to the electric vehicle company Rivian to support its new manufacturing facility in Georgia.

The acceleration represents a clear push by the outgoing Biden administration to get money out the door before President-elect Donald Trump, who has threatened to hollow out much of the Department of Energy, takes office. Still, there’s a good chance these recent conditional commitments won’t become final before the new administration takes office, as that process involves checking a series of nontrivial boxes that include performing due diligence, addressing or mitigating various project risks, and negotiating financing terms. And if the deals aren’t finalized before Trump takes office, they’re at risk of being paused or cancelled altogether, something the DOE considers unwise, to put it lightly.

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