A federal judge on Monday ordered that an offshore wind project off the coast of Rhode Island can resume construction, following the Trump administration's stop-work order last month.
Why it matters: Investors and New England lawmakers are closely watching the legal battle over the Revolution Wind project, which is jointly owned by Ørsted and BlackRock's Global Infrastructure Partners.
Trump administration officials are hoping to ink new oil and gas deals with other governments this week during Climate Week and the United Nations General Assembly, Jarrod Agen, a senior White House official, said on stage at an Axios event Monday.
Why it matters: Agen pitched U.S. energy sources as a diplomatic tool.
Energy Secretary Chris Wrightsaid in an exclusive interview that freezing offshore wind projects doesn't make America a risky place to invest — but he wants Congress to overhaul permitting to make other infrastructure easier to advance.
Why it matters: Wright is powerful in Trump 2.0 — a point man for the White House "dominance" agenda on fossil fuels, powering AI data centers, and shredding Biden-era climate playbooks.
North Korea's leader Kim Jong-un suggested his country can resume dialogue with the U.S. if Washington drops calls for Pyongyang to denuclearize, state media reported Monday morning local time.
Why it matters: President Trump has said he wants to meet with Kim again this year and his administration has for months been game-planning for potentially restarting dialogue with North Korea, which has made alarming nuclear advances since they last met, per Axios' Barak Ravid and Dave Lawler.