As President Trump’s pro–fossil fuel and nuclear energy policies move forward, the Dept. of Energy has canceled over $7.6 billion in decarbonization projects. A court also 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. And despite a 5 billion metric-ton drop in CO₂ emissions over 20 years, political headwinds may stall progress. Learn more in this edition of Market Moves.
—Theresa Houck, Senior Editor