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2025-01-13
President-elect Donald Trump said Tuesday he planned to expedite federal regulatory approvals, including all environmental permits, for any company or individual proposing to invest $1 billion or more in a construction project. “Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals,” Trump wrote Tuesday afternoon on Truth Social . “GET READY TO ROCK!!!” The announcement on Trump’s own social network comes as lawmakers in Congress are working to pass a bipartisan bill aimed at easing federal permitting requirements, a step widely seen as necessary to hasten building of upgrades in roads, bridges and energy systems as aging infrastructure heaves under pressure from increasingly extreme weather and a growing population. During the first half of his term, President Joe Biden signed into law three landmark bills aimed at modernizing U.S. infrastructure. That includes the hundreds of billions of dollars earmarked in the Inflation Reduction Act for clean energy projects, marking arguably the largest government investment into meeting demand for fossil fuels with lower-carbon alternatives outside of China. But the federal permitting process that developed in the 55 years since the passage of the National Environmental Policy Act slowed the deployment of those dollars as opponents of anything from a solar farm to a lithium mine to a natural gas pipeline seized on the country’s bedroom ecological-protection law to halt or delay projects with lawsuits. Obtaining final environmental permits for a project subject to the NEPA process takes on average 4 1/2 years, according to a 2020 study by the White House Council on Environmental Quality. The average for electrical transmission projects is even higher, with the majority taking 6 1/2 years to get final approvals. Since the cheapest technologies to generate zero-carbon renewable electricity ― such as wind turbines and solar panels ― require vast areas of land often far from the cities where power is used, transmission lines are seen as one of the main bottlenecks to bringing more clean power onto the grid. The bipartisan deal brokered by Sens. Joe Manchin (D-W.Va.) and John Barrasso (R-Wyo.) sought to ease the process. But some environmental groups came out against what they called the “dirty deal” because the legislation benefited fossil fuel companies as well as clean-energy projects. Don't let this be the end of the free press. The free press is under attack — and America's future hangs in the balance. As other newsrooms bow to political pressure, HuffPost is not backing down. Would you help us keep our news free for all? We can't do it without you. Can't afford to contribute? Support HuffPost by creating a free account and log in while you read. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give once or many more times, we appreciate your contribution to keeping our journalism free for all. You've supported HuffPost before, and we'll be honest — we could use your help again . We view our mission to provide free, fair news as critically important in this crucial moment, and we can't do it without you. Whether you give just one more time or sign up again to contribute regularly, we appreciate you playing a part in keeping our journalism free for all. Already contributed? Log in to hide these messages. Progressive critics of the permitting overhaul argued instead for increasing staffing and budgets at federal agencies to add more capacity to assess and make judgments on applications. But some of the Democrats’ most prominent self-described climate hawks in Congress backed the bill Manchin negotiated, citing repeated analyses showing that the permitting reform package promised to slash more planet-heating emissions on net by helping clean-energy projects reach the finish line than it contributed by clearing the way for more gas infrastructure. Unless Congress manages to pass the bill in the coming weeks, the GOP majorities set to control both the Senate and the House of Representatives are unlikely to enact the compromise package. It’s unclear, however, what Republicans may propose as an alternative. While some top GOP leaders have vowed to gut the Inflation Reduction Act, others have pleaded with colleagues to preserve much of the clean-energy spending, which has overwhelmingly gone to red and purple states. The changes to energy policy come as the U.S. is experiencing its first major uptick in demand for electricity in three decades thanks to the need for more data centers to power artificial intelligence software, more air conditioners to keep Americans cool amid worsening heat waves, and record purchases of electric vehicles. At the same time, the U.S. power grid is becoming less reliable and more expensive as dependable coal and nuclear plants shut down in favor of gas and renewables that, while cheap individually, have driven up electricity costs in many markets where the two sectors combined make up the majority of power generation. Trump pledged on the campaign trail to slash electricity prices, and drive up U.S. oil and gas production up beyond the record levels set under Biden. Related From Our PartnerOklahoma State coach Mike Gundy gets restructured deal after 3-9 season, according to reportsroulette generator

WASHINGTON — Federal prosecutors moved Monday to dismiss the criminal charges against President-elect Donald Trump that accused him of plotting to overturn the 2020 election and to abandon the classified documents case against him, citing longstanding Justice Department policy that says sitting presidents cannot face criminal prosecution. Special counsel Jack Smith. J. Scott Applewhite/Associated Press, file The decision by special counsel Jack Smith, who had fiercely sought to hold Trump criminally accountable for his efforts to subvert the 2020 election, represented the end of the federal effort against the former president following his election victory this month, despite the election-related cases and multiple other unrelated criminal charges against him. The decision, revealed in court filings, also amounts to a predictable but nonetheless stunning conclusion to criminal cases that had been seen as the most perilous of the multiple legal threats Trump has faced. It reflects the practical consequences of Trump’s victory, ensuring he enters office free from scrutiny over his hoarding of top secret documents and his efforts to overturn the 2020 presidential election he lost to Democrat Joe Biden. Smith’s team emphasized that the move to abandon the prosecutions, in federal courts in Washington and Florida, was not a reflection of their view on the merits of the cases but rather a reflection of their commitment to longstanding department policy. “That prohibition is categorical and does not turn on the gravity of the crimes charged, the strength of the Government’s proof, or the merits of the prosecution, which the Government stands fully behind,” the prosecutors wrote in Monday’s court filing in the election interference case. The decision was expected after Smith’s team began assessing how to wind down both the 2020 election interference case and the separate classified documents case in the wake of Trump’s victory over Vice President Kamala Harris. Trump has cast both cases as politically motivated and had vowed to fire Smith as soon as he takes office in January. The 2020 election case brought last year was once seen as one of the most serious legal threats facing the Republican as he vied to reclaim the White House. But it quickly stalled amid legal fighting over Trump’s sweeping claims of immunity from prosecution for acts he took while in the White House. The U.S. Supreme Court in July ruled for the first time that former presidents have broad immunity from prosecution, and the justices sent the case back to U.S. District Judge Tanya Chutkan to determine which allegations in the indictment, if any, could proceed to trial. The case was just beginning to pick up steam again in the trial court in the weeks leading up to this year’s election. Smith’s team in October filed a lengthy brief laying out new evidence they planned to use against him at trial, accusing him of using “resorting to crimes” in an increasingly desperate effort to overturn the will of voters after he lost to Biden. Associated Press writer Colleen Long contributed to this story. Trump says if he takes office, he’ll fire special counsel Jack Smith ‘within 2 seconds’ We invite you to add your comments. We encourage a thoughtful exchange of ideas and information on this website. By joining the conversation, you are agreeing to our commenting policy and terms of use . More information is found on our FAQs . You can modify your screen name here . Comments are managed by our staff during regular business hours Monday through Friday as well as limited hours on Saturday and Sunday. Comments held for moderation outside of those hours may take longer to approve. Please sign into your Press Herald account to participate in conversations below. If you do not have an account, you can register or subscribe . Questions? Please see our FAQs . Your commenting screen name has been updated. Send questions/comments to the editors. « PreviousSri Lanka has met most structural benchmarks, says IMF



Subsea Technology & Rentals (STR) has secured STAR Capital Partnership LLP (STAR) as its new majority shareholder, as the global subsea sensor equipment and solutions provider sets out an ambitious growth strategy, targeting offshore energy, infrastructure and marine science markets. The investment will enable STR to further evolve its equipment and service offering through organic and acquisition-led growth. It will also expand the company’s geographical presence to clients across growing global offshore energy and infrastructure markets, with a new base in Norway set to open early next year. Steve Steele will continue to lead STR as Chief Executive Officer alongside Chief Financial Officer, Stuart Bannerman. Uniti Bhalla, managing partner and Philipp Moy, principal of STAR will join the STR board. Steve Steele, CEO, said: “Securing STAR as our new majority investor will unlock significant growth potential as we plan to enter new markets and further boost our disruptive technology offering. We have undergone a significant transformation over the last few years from an equipment rental business to be one of the most trusted international providers of subsea sensor technology and services across the offshore energy, infrastructure and marine markets, and we intend to go much further. “This deal signals confidence in the long-term role we will play in offshore energy transformation. The investment enables us to further enhance our product and service offering, extend our geographic footprint and pursue complementary acquisitions. It creates opportunities for STR’s loyal clients, employees and suppliers around the world. Steve Steele “I’m also very pleased to be welcoming Uniti and Philipp to the board. These high calibre additions will bring a wealth of experience as we seek to deliver our growth ambitions.” STR operates globally with technology and service facilities in Aberdeen, Great Yarmouth, Houston, Perth and Singapore – with plans to have a presence in Norway early in 2025 and further expansion on the horizon. The company has nearly doubled headcount in the last three years, with 110 people globally and expects to add a further 20 people in the coming year, with further growth to be delivered through strategic acquisitions. Uniti Bhalla, managing partner of STAR, commented: “We are thrilled to partner with STR and assist the company’s global growth ambitions. We were attracted to STR due to its innovation and solutions-based approach, providing highly technical and mission critical sensor equipment into offshore markets, which are set to continue expanding through investment into energy transformation, including subsea power and communications. “The characteristics of the business match our specialist rental and ‘assets as a service’ investment theme, and we are excited to support Steve and his talented team on their vision and growth strategy to benefit STR’s clients worldwide.” STR has 22 dedicated design engineers and production technicians based at its £1 million Global Technology and Innovation Centre of Excellence developing new products for launch in 2025. The company has plans to further increase revenue through a focus on sustained research and development, displacing legacy subsea technologies with innovative challenger products. Baird Capital, an investor of STR since January 2022, has now exited the business following STAR Capital’s investment. Source: STAR CapitalA Romanian hard-right NATO critic and leftist Prime Minister Marcel Ciolacu are neck and neck after the first round of presidential elections, in a shock result threatening Romania's staunchly pro-Ukraine stance. Login or signup to continue reading After nearly 90 per cent of votes were counted, Calin Georgescu, 62, was at 22 per cent, while Ciolacu had 21.7 per cent. However, ballots from the sizeable Romanian diaspora, which are not included in the main tally on Sunday, show centre-right politician, Elena Lasconi, 52, first with 33.4 per cent and Georgescu second. Romania's president has a semi-executive role with control over defence spending - likely to be a difficult issue as Bucharest comes under pressure to uphold NATO spending goals during Donald Trump's second term as US president while trying to reduce a heavy deficit. Lasconi told supporters after exit polls were released giving her a small lead over Georgescu, with Ciolacu in first place, that she was optimistic about making the runoff. "But as you can see, the results are very tight, let us wait until tomorrow's results to rejoice." Campaigning focused largely on the soaring cost of living, with Romania having the EU's biggest share of people at risk of poverty. Georgescu is a former prominent member of the hard-right Alliance for Uniting Romanians party. In 2021 he has called NATO's ballistic missile defence shield in the Romanian town of Deveselu a "shame of diplomacy" and said the North Atlantic alliance will not protect any of its members should they be attacked by Russia. Lasconi, a former journalist, joined the Save Romania Union in 2018 and became party head this year. She believes in raising defence spending and helping Ukraine, and surveys suggest she would beat Ciolacu in a runoff. Romania shares a 650km border with Ukraine and since Russia attacked Kyiv in 2022, it has enabled the export of millions of tonnes of grain through its Black Sea port of Constanta and provided military aid, including the donation of a Patriot air defence battery. "It will be a tight run-off, with the Social Democrat leader more vulnerable to negative campaigning due to him being an incumbent PM," political commentator Radu Magdin said. Australian Associated Press DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. 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Israel launches new airstrikes on Lebanon as leaders draw closer to ceasefire with HezbollahTrump calls for end to 'spring forward, fall back' clock changes

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Silo Pharma stock hits 52-week low at $0.83 amid market challengesAct II PV Wraps Up The Season With FolliesMeet the Arizona Daily Star’s fall high school Student-Athletes of the WeekReports of unexplained drone sightings in New Jersey have spiked in recent weeks, stirring public intrigue. After an anonymous Reddit poster claiming to be an experienced radar operator offered connections to secret military exercises, the story grew more complex. The individual submitted a thorough report online, identifying themselves as a 25-year veteran radar operator for a big agency. They said the drones were a part of a U.S. Space Force-led covert military operation. The report claims that the drills have involved unannounced satellite launches and major disruptions to civilian communication infrastructure. Allegations of Military Activity The activities, according to the Reddit user, included "full lockout" drills, in which military command momentarily takes precedence over civilian radar and aircraft communications. They said that these drills will go on intermittently until Christmas Eve. The user voiced worries about the operations' secrecy, saying they may be connected to a "big show" for the general public. Additionally, they indicated that, starting in October, there were strange satellite launches that were not made public. A CNN team was allegedly spotted shooting at their building, gathering material for an unreleased article, which fueled more rumors. Viral Claims and Conspiracy Theories Online conspiracy theories concerning the reason behind the drone sightings were stoked by the article. One social media user hypothesized that "Project Blue Beam" may be connected to the incidents. According to this hypothesis, governments may attempt to create a one-world government and religion by simulating a heavenly event or extraterrestrial invasion using sophisticated hologram technology. “Look for videos of drones transforming from balls of light to planes,” the commenter urged. They warned people to be wary of any exceptional demonstrations in the upcoming weeks, implying that the government was directing the activities. What Is Project Blue Beam? A conspiracy theory known as Project Blue Beam first surfaced in the 1990s and claimed that there were plans to use staged celestial occurrences to control humanity. According to the notion, there are four main goals: Abolishing traditional religions to create a single world religion.Replacing national identities with a unified global identity.Dismantling traditional family structures for collective allegiance to a global authority.Using staged “miraculous” events to achieve these aims. The notion has been mostly rejected by critics as speculative and unfounded. It continues to be a focus point for people who are wary of military and governmental secrecy, nevertheless. Government Response These allegations have not yet been directly addressed by authorities. Regarding recent drone activities or associated training, neither the Federal Aviation Administration (FAA) nor any military agency have released remarks. Speculation has flourished due to the lack of official comments. Get Latest News Live on Times Now along with Breaking News and Top Headlines from US News, World and around the world.

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