In the news today…
Grid:
- Associated Press reports that a judge declined a request by developers of a $1 billion power line to resume construction, keeping the project on hold until a judge’s decision next year on the constitutionality of a referendum that halted the project. The project, which would supply enough Canadian hydropower for 1 million homes in New England, received regulatory approvals but voters rejected the project in a referendum after construction had begun.
Minerals:
- Reuters reports Washington’s growing financial support for companies that produce metals used in electric vehicles will likely prove fruitless unless the federal government streamlines the mine permitting process, investors, executives and consultants told Reuters.
Coal:
- Argus reports coal exports out of Hampton Roads, Virginia, in September were slightly above year-earlier levels as one of the region’s terminals handled more coal.
World News:
- E&E News PM reports the Biden administration on Monday took aim at Nicaragua’s mining industry, a reaction to the Central American country’s anti-democratic practices and support for the Russian invasion of Ukraine.