Leading off our latest Market Moves Energy newsletter is President Trump’s pro–fossil fuel and nuclear energy policies, exemplified most boldly by the Department of Energy canceling more than $7.6 billion of decarbonization projects. Also included on that front: A court has struck down former President Biden’s offshore drilling ban and the Federal Energy Regulatory Commission, at Trump’s request, won’t update its gas infrastructure policy. Further down, you can explore the idea that, despite a 5 billion metric-ton drop in carbon dioxide emissions over 20 years, political headwinds may stall progress.
