The FinTech Hub
Source: The Verge A group of young people — as young as 7 and as old as 25 — are suing the Trump administration to stop its assault on renewable energy and climate action. Executive orders President Donald Trump signed to promote fossil fuels amount to an “unconstitutional” overreach of power, they allege in a…
Source: The Verge AI could soon surpass Bitcoin mining in energy consumption, according to a new analysis that concludes artificial intelligence could use close to half of all the electricity consumed by data centers globally by the end of 2025. The estimates come from Alex de Vries-Gao, a PhD candidate at Vrije Universiteit Amsterdam Institute…
Source: The Verge The US Senate voted today to strip California of its authority to enact state limits on tailpipe pollution that are tougher than national standards. Senate Republicans went forward with the vote today anyway, revoking waivers that allow California to pursue its climate goals and improve air quality by reducing emissions from cars…
Source: The Verge The “One Big Beautiful Bill Act” that House Republicans narrowly passed early Thursday would strip state legislatures of AI oversight and scale back consumer protection and climate initiatives while funding border surveillance, among many other provisions. The budget reconciliation bill still needs to be approved by the Senate, where some Republicans have…
Source: The Verge The Trump administration’s attempts to gut 12 energy efficiency standards could cost Americans billions of dollars in higher electricity bills. The Department of Energy (DOE) recently announced that it plans to rollback dozens of policies in what it called its “largest deregulatory effort in history.” While the DOE claims that getting rid…
Source: The Verge Soon you’ll be able to charge your electric vehicle at Waffle House diners while chatting up truckers and dodging flying chairs. Starting in 2026, BP Pulse will be equipping America’s all-night breakfast place with 400kW DC fast chargers fitted with a mix of CCS and NACS connectors. Participating Waffle House diners in…
Source: The Verge Renewable energy has driven a manufacturing boom in the US, but that’s all at stake as Congress weighs cuts to Biden-era tax incentives. Solar, wind, and battery companies have announced plans to either create or expand 250 manufacturing facilities since August 2022. That’s when Congress passed the Inflation Reduction Act (IRA), considered…
Source: The Verge Meta’s building a new AI data center so massive in Louisiana that the local utility company has plans to construct three new gas-fired power plants to provide it with enough electricity. Now, advocates and lawmakers are pressing Meta for answers about how it’ll clean up pollution stemming from the data center’s energy…
Source: The Verge Rewind a few years, and it looked as if offshore wind might take off in the US. The Biden administration moved to open up much of the nation’s coastlines to development, blue and even a couple swing states agreed to work with the White House to speed things up, and Congress passed…
Source: The Verge The US Energy Department says it’s rolling back long-standing efficiency standards for appliances, which advocates are calling a clear violation of the law. Continuing the Trump administration’s assault on federal water and energy efficiency programs, the department announced today what it’s calling its “largest deregulatory effort in history.” The agency is trying…
