Axios

If you lease it, will they come? Oil companies could soon(ish) start answering that question under President Trump's new plan for offshore drilling lease auctions.

Why it matters: The Interior Department proposal envisions vast expansion in federal waters beyond the Gulf of America (renamed from Gulf of Mexico), where almost all action occurs today.

The Trump administration's move to reopen California's coastal waters to offshore oil drilling could risk a direct collision with the state's emerging floating-wind industry.

State of play: The federal waters eyed for oil leasing could overlap with sites in northern and central California that have already been designated for floating offshore wind development, a cornerstone of the state's clean-energy roadmap.

The mayors of Phoenix and Melbourne, Australia, are leading a global commitment with eight other mayors to ensure that companies build AI systems more sustainably.

Why it matters: Mayors are on the front lines of the global data center boom. They respond to residents' concerns, rising energy prices, water management issues and other infrastructure demands.

The Trump administration unveiled plans for new offshore oil drilling projects off the coasts of California and Florida that in areas that haven't seen drilling in decades — or ever.

The big picture: The proposal, which the Interior Department says is needed to address the nation's "growing energy needs," quickly drew criticism from conservation groups and lawmakers, who warned of risks to coastal communities and wildlife.

U.S. companies are rethinking voluntary ESG reporting amid political pressures and shifting regulations.

Why it matters: What used to be key strategic narratives have fizzled out to check-the-box exercises for most.

Consumers scrambling to take advantage of expiring tax credits for electric cars drove a record-breaking quarter of U.S. clean-energy investments, according to a new report.

Why it matters: It shows that policy matters, especially if it's coming or going.