logo
Trump administration orders Pennsylvania power plant to run through the summer

Trump administration orders Pennsylvania power plant to run through the summer

Fast Company2 days ago

The U.S. Department of Energy has ordered another power plant, this time an oil and gas plant in Pennsylvania, to keep its turbines running through the hottest summer months as a precaution against electricity shortfalls in the 13-state mid-Atlantic grid.
The department's order to the grid operator, PJM Interconnection, regarding the Eddystone power plant just south of Philadelphia on the Delaware River, is the department's second use of federal power under President Donald Trump to require a power plant to keep operating on the mainland United States.
Constellation Energy had planned to shut down Eddystone's units 3 and 4 on Saturday, but Trump's Department of Energy ordered the company to continue operating the units until at least Aug. 28. The units can produce a combined 760 megawatts.
The department, in its order, cited PJM's growing concerns about power shortfalls amid the shutdown of aging power plants and rising electricity demand.
PJM last year approved Constellation's request to shut down the units, but it welcomed the department's order to keep them operating, saying it's a 'prudent, term-limited step' that allows PJM, the department and Constellation to study the longer-term need and viability of Eddystone's units.
The department took a similar step last week, ordering Consumers Energy to keep the J.H. Campbell coal-fired power plant open in Michigan past its Saturday retirement.
The grid operator there, the Midcontinent Independent System Operator, said the order was unnecessary, that there was no energy emergency there and that there should be enough energy in the region through the summer.
An environmental advocacy group, the Delaware Riverkeeper Network, criticized the move to keep Eddystone operating as an 'environmental injustice.' Shutting down the units would reduce hazardous pollution and carbon emissions from the decades-old facility and help the region meet federal clean air standards for smog, it said.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

President Donald Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says
President Donald Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says

Chicago Tribune

time14 minutes ago

  • Chicago Tribune

President Donald Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says

WASHINGTON — President Donald Trump's big bill making its way through Congress will cut taxes by $3.75 trillion but also increase deficits by $2.4 trillion over the next decade, according to an analysis released Wednesday by the nonpartisan Congressional Budget Office. The CBO also estimates an increase of 10.9 million people without health insurance under the bill by 2034, including 1.4 million who are in the United States without legal status in state-funded programs. The package would reduce federal outlays, or spending, by nearly $1.3 trillion over that period, the budget office said. What is the CBO? A look at the small office inflaming debate over Trump's tax bill'In the words of Elon Musk, this bill is a 'disgusting abomination,'' said Rep. Brendan Boyle of Pennsylvania, the top Democrat on the House Budget Committee, reviving the billionaire former Trump aide's criticism of the package. House Speaker Mike Johnson said he called Musk late Tuesday to discuss the criticism but had not heard back. 'I hope he comes around,' Johnson told reporters. The analysis comes at a crucial moment in the legislative process as Trump is pushing Congress to have the final product on his desk to sign into law by the Fourth of July. The work of the CBO, which for decades has served as the official scorekeeper of legislation in Congress, will be weighed by lawmakers and others seeking to understand the budgetary impacts of the sprawling 1,000-page-plus package. Ahead of the CBO's release, the White House and Republican leaders criticized the budget office in a preemptive campaign designed to sow doubt in its findings. White House press secretary Karoline Leavitt said the CBO has been 'historically wrong,' and Senate Majority Leader John Thune said the CBO was 'flat wrong' because it underestimated the potential revenue growth from Trump's first round of tax breaks in 2017. The CBO last year said receipts were $1.5 trillion, or 5.6% greater than predicted, in large part because of the 'burst of high inflation' during the COVID-19 pandemic in 2021. White House Budget Director Russ Vought said when you adjust for 'current policy' — which means not counting some $4.5 trillion in existing tax breaks that are simply being extended for the next decade — the overall package actually doesn't pile onto the deficit. He argued the spending cuts alone in fact help reduce deficits by $1.4 trillion over the decade. Democrats and even some Republicans call that 'current policy' accounting move a gimmick, but it's the approach Senate Republicans intend to use during their consideration of the package to try to show it does not add to the nation's deficits. Vought argued that the CBO is the one using a 'gimmick' by tallying the costs of continuing those tax breaks that would otherwise expire. Leavitt also suggested that the CBO's employees are biased, even though certain budget office workers face strict ethical rules — including restrictions on campaign donations and political activity — to ensure objectivity and impartiality. 'When it comes time to make prognostications on economic growth, they've always been wrong,' House Majority Leader Steve Scalise, R-La., said at a press conference. Asked if it's time to get rid of the CBO, Scalise did not dismiss the idea, saying it's valid to raise concerns. Alongside the costs of the bill, the CBO had previously estimated that nearly 4 million fewer people would have food stamps each month due to the legislation's proposed changes to the Supplemental Nutrition Assistance Program, known as SNAP. The bill, called the One Big Beautiful Bill Act after the president's own catch phrase, is grinding its way through Congress, as the top priority of Republicans, who control both the House and the Senate — and face stiff opposition from Democrats, who call it Trump's 'big, ugly bill.' All told, the package seeks to extend the individual income tax breaks that had been approved in 2017 but that will expire in December if Congress fails to act, while adding new ones, including no taxes on tips. It also includes a massive buildup of $350 billion for border security, deportations and national security. To help cover the lost revenue, Republicans want to slash some federal spending. They propose phasing out green energy tax breaks put in place during Democrat Joe Biden's presidency. New work requirements for some adults up to age 65 on Medicaid and SNAP would begin in December 2026 and are expected to result in less spending on those programs. Republicans argue their proposals are intended to make Medicaid and other programs stronger by rooting out waste, fraud and abuse. They want the federal funding to go those who most need health care and other services, often citing women and children. But Senate Democratic Leader Chuck Schumer said those claims are bogus and are simply part of long-running GOP efforts to repeal and replace the Affordable Care Act, or Obamacare, as most states have expanded Medicaid to serve more people under the program. 'They just want to strangle health care,' Schumer said. The package also would provide a $4 trillion increase to the nation's debt limit, which is now $36 trillion, to allow more borrowing. The Treasury Department projects the debt limit will need to be raised this summer to pay the nation's already accrued bills. Now in its 50th year, the CBO was established by law after Congress sought to assert its control, as outlined in the Constitution, over the budget process, in part by setting up the new office as an alternative to the White House's Office of Management and Budget. Staffed by some 275 economists, analysts and other employees, the CBO says it seeks to provide Congress with objective, impartial information about budgetary and economic issues. Its current director, Phillip Swagel, a former Treasury official in Republican President George W. Bush's administration, was reappointed to a four-year term in 2023.

What is the CBO? A look at the small office inflaming debate over President Donald Trump's tax bill
What is the CBO? A look at the small office inflaming debate over President Donald Trump's tax bill

Chicago Tribune

time14 minutes ago

  • Chicago Tribune

What is the CBO? A look at the small office inflaming debate over President Donald Trump's tax bill

WASHINGTON — A small government office with some 275 employees has found itself caught in the political crossfire as Congress debates President Donald Trump's 'one big beautiful bill.' The Congressional Budget Office has projected that the legislation would increase federal deficits by about $2.4 trillion over 10 years. That's a problem for a Republican Congress that has spent much of the past four years criticizing former President Joe Biden and Democrats for the nation's rising debt levels. The White House and Republican leaders in Congress are taking issue with CBO's findings. They say economic growth will be higher than the office is projecting, resulting in more revenue coming into government coffers. Meanwhile, Democrats are touting CBO's findings as evidence of the bill's failings. President Donald Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO saysHere's a look at the office at the center of Washington's latest political tug-of-war. Lawmakers established the Congressional Budget Office more than 50 years ago to provide objective, impartial analysis to support the budget process. The CBO is required to produce a cost estimate for nearly every bill approved by a House or Senate committee and will weigh in earlier when asked to do so by lawmakers. It also produces a report each Congress on how to reduce the debt if lawmakers so choose with each option including arguments for or against. Plus, it publishes detailed estimates when presidents make proposals that would affect mandator spending, which includes programs such as Social Security and Medicare. Lawmakers created the office to help Congress play a stronger role in budget matters, providing them with an alternative to the Office of Management and Budget, which is part of a Republican or Democratic administration, depending upon the president in office. CBO hires analysts based on their expertise, not political affiliation. Staff is expected to maintain objectivity and avoid political influence. In evaluating potential employees, the CBO says that for most positions it looks at whether that person would be perceived to be free from political bias. Like other federal employees, the CBO's staff is also prohibited from making political contributions to members of Congress. The CBO's director, Phillip Swagel, served in former Republican President George W. Bush's administration as an economic adviser and as an assistant secretary at the Treasury Department. The stakes are incredibly high with Republicans looking to pass their massive tax cut and immigration bill by early July. Outside groups, Democrats and some Republicans are highlighting CBO's analysis that the bill will increase federal deficits by about $2.4 trillion over 10 years and leave 10.9 million more people uninsured in 2034. Republicans spent much of Biden's presidency focused on curbing federal deficits. They don't want to be seen as contributing to the fiscal problem. GOP lawmakers say the CBO isn't giving enough credit to the economic growth the bill will create, to the point where it would be deficit-neutral in the long run, if not better. 'The CBO assumes long-term GDP growth of an anemic 1.8% and that is absurd,' said White House press secretary Karoline Leavitt. 'The American economy is going to boom like never before after the 'One Big, Beautiful Bill' is passed.' Republicans began taking issue with the CBO even before Trump and the current Congress were sworn into office. 'CBO will always predict a dark future when Republicans propose tax relief – but the reality is never so dire,' Rep. Jason Smith, the Republican chairman of the House Ways and Means Committee, said in a December news release. Recently, House Speaker Mike Johnson has been taking digs at the office. 'The CBO is notorious for getting things WRONG,' he said in a Facebook post. In April 2018, CBO said that tax receipts would total $27 trillion from fiscal years 2018 to 2024. Receipts came in about $1.5 trillion higher than the CBO projected. Republicans have seized on that discrepancy. But the numbers don't tell the whole story. Some of the criticism of the CBO ignores the context of a global pandemic as the federal government rushed to prop the economy up with massive spending bills under both Trump and Biden. In a blog post last December, Swagel pointed out three reasons for the higher revenues: The primary reason was the burst of inflation that began in March 2021 as the country was recovering from COVID. That burst of inflation, he said, led to about $900 billion more in revenue. There was also an increase in economic activity in 'the later years of the period' adding $700 billion. Also, new tariffs added about $250 billion, with other legislation partially offsetting those three factors.

AMD takes aim at Nvidia's AI hardware dominance with Brium acquisition
AMD takes aim at Nvidia's AI hardware dominance with Brium acquisition

TechCrunch

time18 minutes ago

  • TechCrunch

AMD takes aim at Nvidia's AI hardware dominance with Brium acquisition

AMD's latest acquisition could help reduce Nvidia's market dominance when it comes to AI hardware. Semiconductor giant AMD on Wednesday announced it acquired AI software optimization startup Brium. Terms of the deal were not disclosed. Brium is a startup that appears to be in stealth mode. The startup builds machine learning applications to enable AI inference, the process a trained AI model uses to draw conclusions from new data, across a variety of different hardware options, according to a blog post on Brium's bare-bones website. Cutting through that jargon a bit, Brium can help retrofit AI software to work with different AI hardware than it might have been designed for originally. In a press release, AMD said its acquisition of Brium will help its commitment to 'building a high-performance, open AI software ecosystem that empowers developers and drives innovation.' While AMD is saying that this acquisition helps create a more open AI ecosystem, which isn't wrong, it seems clear that it's also meant to help AMD overcome one of its biggest roadblocks: a large percentage of AI software is being designed for Nvidia hardware and chips. Brium's sole blog post, which came out in November 2024, talked about the industry's reliance on Nvidia and called out AMD specifically. Techcrunch event Save now through June 4 for TechCrunch Sessions: AI Save $300 on your ticket to TC Sessions: AI—and get 50% off a second. Hear from leaders at OpenAI, Anthropic, Khosla Ventures, and more during a full day of expert insights, hands-on workshops, and high-impact networking. These low-rate deals disappear when the doors open on June 5. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | REGISTER NOW 'In recent years, the hardware industry has made strides towards providing viable alternatives to Nvidia hardware for server-side inference,' the blog post reads. 'Solutions such as AMD's Instinct GPUs offer strong performance characteristics, but it remains a challenge to harness that performance in practice as workloads are typically tuned extensively with Nvidia GPUs in mind. At Brium, we intend to enable efficient [model] inference across a range of hardware architectures.' This is AMD's fourth strategic acquisition in the past two years toward the company's goal of fostering an open-source AI ecosystem, according to the press release. The company previously acquired Silo AI (in July 2024), (October 2023), and Mipsology (August 2023). TechCrunch has reached out to AMD for more information.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store