The Trump administration is freezing a $5 billion program to build electric vehicle chargers along major highways — and it isn't done unwinding former President Biden's EV policies.
Likely next up on the chopping block: tax credits that can slice as much as $7,500 off the price of qualifying EVs.
Why it matters: Pulling the plug on funding for the National Electric Vehicle Infrastructure program takes away an important security blanket for potential EV buyers who worry about where to charge on long road trips.
President Trump said Friday he will sign an executive order next week to reverse the Biden-era plan to phase out plastic straws in the federal government by 2027.
Trump officials are moving fast to halt Biden-era programs on environmental justice — that is, addressing higher pollution burdens that poor people and communities of color often face.
Why it matters: EJ was a priority for Biden's team, which crafted policies like "Justice40" to steer 40% of certain climate and environmental funds to disadvantaged communities.
Developments in the science, business and policy spheres underscore the potentially major role for cutting-edge technologies and nature-based ways that remove carbon from the atmosphere.
Why it matters: Both cutting present-day emissions and removing the planet-warming carbon dioxide that's already in the atmosphere are needed to bring emissions to net zero by 2050, and net negative thereafter.
The party is over for U.S. sustainable fund managers, who saw record outflows from the asset class in 2024.
Why it matters: The outflows coincide with fund managers withdrawing from environmentally focused investor groups, opening the question of whether they're doing so because of increased political scrutiny, or just because the business isn't growing any more.
New Energy Secretary Chris Wright is providing the first looks at his agenda and style since winning Senate confirmation — and leaving big funding questions unanswered.
State of play: The fracking exec who also backs clean-tech companies addressed the agency Wednesday and issued a memo outlining priorities. Specifics in the memo include:
