ClearPath Action Rundown March 21st, 2025
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1. LNG approval marks
new era for U.S. energy and sustainability |
U.S. Secretary of Energy Chris
Wright approved an export authorization for the Venture Global CP2
Liquified Natural Gas (LNG) project in Cameron Parish, Louisiana,
marking the fifth LNG-related approval under the new Trump
administration.
The project will export up to 3.96
billion cubic feet per day of LNG, enhancing U.S. energy exports and
global energy security.
The approval is part of a broader
effort to:
- Accelerate timelines for American energy projects;
- Meet
growing global clean energy demand; and
- Reduce
energy costs for consumers.
What’s clear: LNG
is crucial in providing cleaner, more affordable and more reliable
energy. As the world's largest exporter of LNG, the U.S. not only
positions itself for success in meeting rising domestic energy demand
but also supports global energy security and cleaner energy solutions
for its allies.
Plug in: Read more
about LNG's role in shaping a cleaner, more secure energy future
here.
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2. On the Hill:
Geothermal’s edge |
Panelists (L-R): Gavin Dillingham, SLB New Energy; Josh
Posamentier, Congruent Ventures; Jeanine Vany, Eavor; and Jeremy
Harrell, ClearPath |
ClearPath hosted a Congressional
staff briefing that covered opportunities for next-generation
geothermal energy projects in the U.S.
The briefing emphasized the
opportunity for Congress to support geothermal by:
- Increasing funding for demonstration projects to de-risk early
exploration,
- Improving the permitting process, and
- Maintaining access to tax incentives, like the tech-neutral
energy credits.
What’s clear: “The
geothermal industry has tremendous potential to meet rising energy
demand,” said ClearPath CEO Jeremy
Harrell. “Congress can build
on recent public-private partnerships this year to help innovative
companies like Fervo Energy and Eavor go further, faster.”
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3.
President Trump's Executive Order to boost domestic critical
minerals production
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Thursday, President Trump signed an executive
order to strengthen the development of U.S.
mineral supply chains in the face of global competition. The
order:
- Invokes
emergency powers in the Defense Production Act to boost domestic
mineral production;
- Requires
the executive and agencies involved in permitting mineral production
to create a list of all mineral projects and ensures the Permitting
Council provides transparency of all minerals production projects;
and
- Directs
preparation of recommendations to clarify the treatment of mine waste
under the Mining Act of 1872.
What’s clear: As
demand for energy increases, the U.S. will either responsibly develop
these resources at home or rely on adversaries like China. This
Executive Order and the role it carved out for the National Energy
Dominance Council bills would boost domestic mining and provide
much-needed certainty to industry.
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4. WATCH: What's next
for U.S. energy |
The Washington
Examiner released
a video series featuring women leading the conservative climate
movement. Be sure to follow for a look at clean energy policy under
the Trump administration, featuring our Head of Policy, Lisa
Epifani. |
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ABOVE:
ClearPath's Savvy Bowman spoke at the 2025 Global Direct
Air Capture (DAC) Conference in NYC on the evolving U.S. federal
policy landscape for DAC.
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The World Bank President is pressing
the Board of Directors to restart the bank’s nuclear
energy investments
as Congressional Republicans push the institution to invest in nuclear
energy.
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ClearPath believes
America must lead the world in innovation over regulation…markets over
mandates…providing affordable, reliable, clean
energy. |
That's all from us. Thanks for reading and have a great
weekend!
View this Rundown online
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