The Trump administration so far targeted about 85 environmental regulations that protect air, water, land and public health from climate change and fossil fuel pollution, according to CNBC.
Why it matters: Eliminating these regulations can increase premature deaths from pollutants and produce higher levels of greenhouse gas emissions, according to research from the NYU Law School.
Up next on President Trump's agenda: tackling clean energy machinery and products.
The big picture: "Trump is promising voters a world free of the everyday inconveniences associated with combating climate change — rolling back lightbulb regulations, ordering a study on low-flow toilets and turning bans on plastic straws into a campaign rallying cry," the Washington Post's Toluse Olorunnipa and Juliet Eilperin write.
The House Judiciary Committee is continuing its effort to enforce a subpoena for former White House counsel Don McGahn in order to determine "whether to recommend additional articles of impeachment" against President Trump for conduct not covered in the articles approved last week, according to a court filing Monday.
The big picture: The Justice Department argued in its own court filing that the House's impeachment vote means there is no longer urgency to resolve the McGahn case, and that the courts should not intervene in a political fight ahead of a high-stakes Senate trial.
Electric truck startup Rivian capped off a remarkable fundraising year by announcing its largest round yet on Monday — a $1.3 billion investment led by T. Rowe Price, Amazon, Ford and BlackRock.
Why it matters: Rivian's cool-looking pickup truck and SUV prototypes grab attention as potential rivals to Tesla, but it's the automaker's decision to share its underlying technology — a versatile electric "skateboard" chassis — that has investors excited about the company's potential.
Tesla CEO Elon Musk celebrated Monday after the electric carmaker's stock hit $420 per share, a record high, per CNBC.
Why it matters: Beyond Musk's marijuana joke, it's the price referenced in his infamous "funding secured" tweet last year that promised to take the company private, prompting him to relinquish his role as Tesla's chairman and pay a $20 million fine as part of a resulting SEC settlement. In the aftermath, Tesla's stock hit a three-year low of $177 in June.
America’s energy sources, like booming oil and crumbling coal, have defied projections and historical precedents over the last decade.
Why it matters: It shows how change can happen rapidly and unexpectedly, even in an industry known to move gradually and predictably. With a new decade upon us, let’s look back at the last one’s biggest, most surprising energy changes.
