President Trump couldn't really alter coal's pathhis first time around, but officials are trying new approaches in 2025 — and the landscape has changed, too.
Why it matters: The expanding federal push to boost mining and power has implications for CO2, traditional air pollution, and power markets amid rising demand.
Saudi Arabia's $925 billion Public Investment Fund (PIF) is backing the largest buyout ever, in a deal that speaks to the kingdom's renewed ambitions to become a cultural powerhouse.
Why it matters: The deal, for video game maker Electronic Arts, is the latest U.S. entry point for Riyadh, as the oil-rich nation aims to diversify its economy — in large part by investing in industries with outsized male audiences, from console gaming to combat sports.
Power industry investmentsamid rising demand — from AI and beyond — create openings for clean tech startups despite policy headwinds, Energy Impact Partners founder Hans Kobler said.
Why it matters: EIP is a prominent backer of energy and climate tech companies via venture capital and other support, and works with utilities.
Tropical Storm Imelda formed Sunday, joining the monster Hurricane Humberto in the Atlantic, and forecasters warned it'll likely bring heavy rains to the Carolinas.
The big picture: Imelda is expected to strengthen over the Bahamas on Monday and become a major hurricane that night or early Tuesday. Forecasters expect the U.S. East Coast to be spared the worst of it — though there's a chance of heavy rainfall in the Southeast, and the Carolinas could see several inches of rain that may trigger flooding.
