Semafor Net Zero: One Good Text
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Insights from the Center on Global Energy Policy
Sunday, May 11, 2025
President Donald Trump has made energy a clear focus for his second term in the White House. Having campaigned on an “America First” platform that highlighted domestic fossil-fuel growth, the reversal of climate policies and clean energy incentives advanced by the Biden administration, and substantial tariffs on key US trading partners, he declared an “energy emergency” on his first day in office.
The phrase "Golden Age of Gas," popularized by the International Energy Agency (IEA) in its 2011 World Energy Outlook report, envisioned a future where natural gas played a dominant role in the global energy mix.
Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
On April 30, 2025, the United States and Ukraine signed a long-anticipated economic partnership agreement establishing the US–Ukraine Reconstruction Investment Fund.
The Trump administration may release a blueprint for a US sovereign wealth fund (SWF) in early May after the president signed an executive order in February giving the Secretary of the Treasury and the Secretary of Commerce 90 days to develop a plan.
Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
On April 30, 2025, the United States and Ukraine signed a long-anticipated economic partnership agreement establishing the US–Ukraine Reconstruction Investment Fund.
The Trump administration may release a blueprint for a US sovereign wealth fund (SWF) in early May after the president signed an executive order in February giving the Secretary of the Treasury and the Secretary of Commerce 90 days to develop a plan.
President Donald Trump’s second term has begun with sweeping changes, just as the candidate promised: tariffs instituted against allies and adversaries alike, budgets and programs cut, and entire agencies shuttered.
Over the past few decades, liquified natural gas (LNG) trade has evolved from the initial point-to-point business model of the 1960s to become more flexible.
The Canadian Nuclear Safety Commission (CNSC) issued a construction license last week for what would be the first commercial small modular reactor (SMR)[1] in North America.
The Trump administration’s decision on April 2nd to impose sweeping tariffs on most of the planet is already having significant effects on industries, companies, and individual citizens.
Calls to "Drill, baby drill" are back with Donald Trump's return to the White House, and for US natural gas production, the catchphrase might also be a necessity over the next three years if demand for the fuel grows as steeply as expected.
Steps by the second Trump administration show it is taking a tougher stance against the regime of Nicolas Maduro. Trump recently issued an executive order that could levy a 25 percent tariff on countries that directly or indirectly import Venezuelan oil starting on April 2, and it has modified Chevron’s oil license to operate in the South American nation.
Earlier this month, China convened its “two sessions”—the annual concurrent meetings of the National People’s Congress (NPC), China’s legislature, and the Chinese People’s Political Consultative Congress, a political advisor body.
The critical minerals executive order signed by President Trump on March 20, 2025, aims to significantly increase domestic production of critical minerals within the United States.
In an escalation of trade tensions, Donald Trump threatened to double tariffs on Canadian steel and aluminum to 50 percent this week.