Bipartisan talks to overhaul federal agencies' permitting efforts are dead unless the Trump administration reconsiders its halt of offshore wind projects, two key Democrats said Monday.
Why it matters: Revamping the process for green-lighting industry projects is of paramount importance for many business groups.
Alphabet will acquire Intersect Power, a data center and power infrastructure firm, in a deal valued at $4.75 billion plus debt, the companies said Monday.
Why it matters: Tech giants are aggressively hunting for power to serve energy hungry data centers that train AI models and handle queries.
The Trump administration said Monday that it's immediately pausing all leases for offshore wind projects under construction due to "national security risks."
Why it matters: It's among the most sweeping broadsides yet against the renewable energy source that's most directly in President Trump's crosshairs.
The U.S. Coast Guard is pursuing a third tanker Sunday as part of President Trump's military campaign against oil ships servicing Venezuela, two sources tell Axios.
Why it matters: The planned seizure of the tanker, which is on the U.S. sanctions list for rogue oil vessels, was another sign Trump wants to squeeze the oil-rich nation's economy in an effort to force strongman Nicolás Maduro from power.
