California Gov. Gavin Newsom has a lot to say about the environment and also about government-funded high-speed rail in his state. As usual, he leaves out a lot of important context. In the third and final part of our look at Shawn Ryan’s marathon mid-July podcast with Newsom, we share what Newsom won’t. In the...
The One Big Beautiful Bill Act, signed into law on July 4, 2025, was supposed to be a decisive break from government intervention in energy markets. Instead, it became a masterclass in why energy subsidies represent one of the most persistent forms of government market intervention. When Congress first debated energy policy reform, the U.S....
The Public Utility Commission of Texas should pause implementation of ERCOT’s Strategic Transmission Expansion Plan (STEP) and carefully evaluate more affordable, reliable alternatives before committing Texans to the largest transmission projects in state history. While Texas faces growing electricity demand from population growth, industrial expansion, and data centers, STEP fails to address the state’s most...