Trump to Reduce 50-Day Deadline for Russia Cease-Fire; US, China to Resume Trade Talks Amid Deadline
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Yahoo
2 minutes ago
- Yahoo
Trump Mounts New Attack Against Wind Projects on Federal Land
(Bloomberg) -- The Trump administration is considering halting all wind development on federal lands and in federal waters as the president expands his campaign against the renewable energy source he's long criticized. The World's Data Center Capital Has Residents Surrounded An Abandoned Art-Deco Landmark in Buffalo Awaits Revival Budapest's Most Historic Site Gets a Controversial Rebuild San Francisco in Talks With Vanderbilt for Downtown Campus Boston's Dumpsters Overflow as Trash-Strike Summer Drags On Interior Secretary Doug Burgum on Tuesday ordered a comprehensive review of the agency's approval process for wind projects, including right-of-way authorizations, environmental analysis and wildlife permits. The order, which Burgum said aims to end preferential treatment for wind and solar, is sure to further spook renewables investors and developers already reeling from the administration's attack on clean energy. President Donald Trump, who was in Scotland Tuesday to open a second golf course at his sprawling estate in the eastern part of the country, criticized the UK's support for wind power and decried turbines as overly expensive eyesores. 'Windmills are a disgrace,' he said earlier in the day. 'They hurt everything they touch. They're ugly. They're very inefficient. It's the most expensive form of energy there is.' Trump, who fought against a wind project within view of his first golf course in Aberdeen, Scotland, indefinitely halted the sale of new offshore wind leases on his first day in office and paused permitting of all wind projects on federal lands and waters. More recently, the Interior Department ordered that all solar and wind projects on federal lands required Burgum's sign-off, a move that threatens to mire their approval process in red tape. In April, Burgum halted work on Equinor ASA's $5 billion Empire Wind farm off the coast of New York, but then reversed the decision a month later after the administration reached a deal with New York Governor Kathy Hochul to open the way for new gas pipelines to be built in the state. Torgrim Reitan, Equinor's chief financial officer, said in an interview last month that further investments in US offshore wind are likely off the table. Wind power backers criticized the latest move by the Interior Department, with the American Clean Power Association saying it amounts to 'a confusing mix of unprecedented requirements on wind projects.' 'On its current course, the Interior department will block electricity from the grid resulting in higher prices, lost jobs, and decreased system reliability,' Jason Grumet, the trade group's chief executive officer, said in a statement. 'The proposed federal interference with private economic activity is unprecedented and creates a troubling challenge for critical infrastructure investment of any kind.' --With assistance from Jennifer A. Dlouhy and Skylar Woodhouse. (Adds comment from trade group in last two paragraphs.) It's Not Just Tokyo and Kyoto: Tourists Descend on Rural Japan Burning Man Is Burning Through Cash Everyone Loves to Hate Wind Power. Scotland Found a Way to Make It Pay Off Cage-Free Eggs Are Booming in the US, Despite Cost and Trump's Efforts Russia Builds a New Web Around Kremlin's Handpicked Super App ©2025 Bloomberg L.P.
Yahoo
2 minutes ago
- Yahoo
Trump didn't push me to support new oil and gas drilling, Swinney says
Donald Trump did not push John Swinney to support new oil and gas licences, the First Minister has said. The SNP leader said the US President made his views clear during their dinner on Monday but did not actively press him to back fresh drilling in the North Sea. Mr Swinney said he was aware of Mr Trump's posts on his social media platform urging the UK to lower taxes and drill. On the last day of his five-day visit to Scotland, the American leader posted: 'North Sea Oil is a treasure chest for the United Kingdom. 'The taxes are so high, however, that it makes no sense. 'They have essentially told drillers and oil companies that, 'we don't want you'. 'Incentivize the drillers, fast. A vast fortune to be made for the UK, and far lower energy costs for the people!' Mr Swinney had dinner with the President who was flanked at the table at Trump MacLeod House & Lodge – named after Mr Trump's Scottish mother, Mary Anne MacLeod Trump – in the Menie estate alongside Prime Minister Sir Keir Starmer. Asked if the President pressed Mr Swinney to back new oil and gas licenses during the two-hour event, the First Minister said: 'He didn't. He didn't press me to do that. 'He obviously expressed his view that there should be more oil and gas activity undertaken and I've seen material from the President this morning which raises issues about taxation, which of course, is not under my control. 'I don't have any influence over North Sea oil and gas taxation. 'Obviously the President made clear his view that he is not a supporter of wind turbines and I expressed the view that we have about our energy priorities on renewable energy.' Mr Trump landed in Prestwick on Friday on Air Force One before travelling to his golf course in Turnberry, South Ayrshire. On Monday, he and the Prime Minister were transported by Marine One to his golf course in Menie. He opened up The New Course there on Tuesday shortly before leaving for Washington. Mr Swinney had dinner with Mr Trump for around two hours where the First Minister made the case for exempting Scotch whisky from US tariffs, while a shorter discussion on Tuesday morning focused on what Mr Swinney said was the 'humanitarian catastrophe' in Gaza. During his trip – his first since 2023 and first since winning re-election – Mr Trump repeatedly referred to Aberdeen as 'the oil capital of Europe'. The US President campaigned on 'drill baby drill' during his election campaign last year. He has been outspoken in his dislike of 'windmills', having taken the Scottish Government to court over an offshore wind farm near his Aberdeenshire estate. Mr Trump said Scotland had the 'ugliest windmills I've ever seen', describing them as 'ugly monsters' that were 'destroying the beauty' of the country. 'Wind is a disaster,' Mr Trump said. 'Wind is the most expensive form of energy. 'When we go to Aberdeen you'll see some of the ugliest windmills you've ever seen. 'They're the height of a 50-storey building. 'You could take 1,000 times more energy from a hole in the ground. It's called oil and gas, and you have it in the North Sea. 'You are paying in Scotland, and the UK, and all over place, where they gave them massive subsidies to have these ugly monsters all over the place.'
USA Today
4 minutes ago
- USA Today
President Trump announces 25% tariff on imports from India
The president's trade move comes before his Aug. 1 deadline for higher reciprocal tariffs on goods from nearly 180 countries across the world. WASHINGTON ― President Donald Trump said he plans to impose a 25% tariff on imports from India and levy "a penalty" on the country for buying military equipment and energy from Russia. 'Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,' Trump wrote in a July 30 post on Truth Social. Trump added that India has "always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE — ALL THINGS NOT GOOD!" Trump did not elaborate on the penalty. Trump's announcement comes before his Aug 1. deadline for higher reciprocal tariffs on goods from nearly 180 countries across the world to go into effect, including the president's 25% tariff on Indian imports. Reach Joey Garrison on X @joeygarrison.
