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Corpus Christi is on the verge of running out of water. Stopping it would take a disaster.

Even in its frontier days, when it was a camp for General Zachary Taylor’s forces defending the border of newly annexed Texas, there was barely enough water in Corpus Christi to go around. The Tejanos, Americanos, and old Spanish ranchers crazy (or unlucky) enough to settle on the edge of this growing empire survived by drinking from arroyos, cisterns, and foul, sulphuric wells. The native Karankawa people lived nomadically to avoid straining the region’s streams, springs, and shallow groundwater resources.
You can follow Corpus’ subsequent history through the twists and turns of what historian Alan Lessoff calls the “endless search for a larger and more adequate water supply” in his book Where Texas Meets the Sea: Corpus Christi and Its History — the damming of local rivers, the failure of those dams, massive Depression-era reservoir projects, groundwater running dry, the consolidation of regional water districts, an expensive project to pipe in fresh water from 100 miles away, an even more expensive project to produce it on the spot. Take your pick of cities west of the 98th meridian: Phoenix, Las Vegas, Los Angeles. They’ve all followed similar beats.
But Corpus — never a superlative city, a chip on its shoulder that goes back to Taylor’s time — is now close to the inglorious distinction of becoming the first American metropolis to run out of water. Though it’s located on the shores of the Gulf of Mexico, its fresh water reservoirs sit at less than 10% of their total capacity; Day Zero will arrive in November unless there’s 20 to 30 inches of rainfall before then. Those are hurricane numbers, an unsettling thing upon which to hang one’s hope.
But that’s what desperation does. You hope for the second-worst thing because it’s better than the alternative.
The first sign that something had gone very wrong in Corpus Christi came in 2016. Over the course of 10 months — in July 2015, September 2015, and May 2016 — the city issued 22 days’ worth of water-boil notices for possible E. coli contamination, low chlorine levels, and the presence of indicator bacteria suggesting low disinfectant levels. The water quality problems appeared to stem from restrictions Corpus officials had ordered during a recent drought, when low flow through old pipes can create “dead zones” for bacteria to grow between the treatment plants and home taps.
Then came December 14, 2016. Late in the evening, the city issued the strictest water advisory yet for its 317,000 residents — a “do not use” order stemming from a corrosive chemical that had leaked into the town’s water supply due to backflow from a local asphalt plant. The notice, which pertained to everything from drinking water to tooth-brushing and showering, lasted for four days.
“Our group connected at an emergency meeting and committed to start learning as much as we could about the city’s water policies and problems,” Isabel Araiza, the co-founder of For the Greater Good, a grassroots organization focused on protecting Corpus Christi’s water supply, told me. “I really had not been paying attention prior to that.”
It turned out the chemical leak was only the tip of the iceberg. City officials in the 1920s and 1930s had recognized Corpus Christi as a strategic shipping location, the closest American port to the Panama Canal, and had dredged a channel into its shallow inner bay that allowed large ships to come and go — at the time, mostly shuttling the region’s cotton exports. Following the discovery of oil to the west of the city a few years later, though, the channel enabled Corpus to begin exporting petroleum products. Industry pounced.
“Why are there so many cement factories and inorganic chemical plants and metal manufacturers [in Corpus Christi]?” Lessoff, the historian, asked me. “It’s because of all the energy they need. And those things also need a lot of water.”
Though the city was competing with the humid, semitropical petroleum hubs in Houston and Louisiana, where water is less of a concern, Corpus Christi pressed forward, even as its residential population quadrupled. By the end of the 1950s, industry-related uses accounted for almost 40% of water demand in Nueces County, of which Corpus represents as much as 90% of the population. “If you’re a city official, you’re looking at this growth, and you’re telling yourself, ‘Well, we’ll figure it out,’” Lessoff said of the ballooning problem.
The situation took a turn in late 2015, when Congress repealed the 1975 export ban on crude oil. Corpus was perfectly positioned to capitalize on the opportunity, given its proximity to the extraction operations in Eagle Ford and the Permian Basin, its deep shipping channel, and its industrial base. Billions of dollars in investment in new plants soon poured into a city waiting with open arms.
Corpus officials at the time assured ExxonMobil, among other chemical companies, that its $10 billion plastics facility, which opened in 2018, would have sufficient water available to it for the “foreseeable future” despite the plant using 25 million gallons per day during its peak production — enough to meet the needs of a family of four for 170 years. To Steel Dynamics, a year later, the city promised an additional 6 million gallons of water per day. “We have enough now to attract development and keep our lawns and parks green,” then-mayor Joe McComb boasted in 2018 when revoking drought restrictions that he claimed “gave a false sense that we were always running out of water.”
Beginning in 2018, the largest industrial water users in Corpus were also offered the option to pay a voluntary, year-round “drought surcharge exemption” rather than face larger financial penalties when a drought emergency is declared. The exemption charge of just 31 cents per 1,000 gallons is effectively a rounding error for companies like Exxon or Valero, and about 10 companies in the area take advantage of the program.
The city’s blasé attitude stemmed in part from its bet that desalination plants would come to its rescue. When they approved the new influx of manufacturing in 2018, Corpus leaders acknowledged that a new city-owned desalination facility needed to be up and running by “early 2023” to fill anticipated gaps in its natural water supply. Preliminary plans weren’t even presented to the city council, though, until 2019.
By 2022, a year before the city’s estimated deadline for needing the water, there were plans for five desalination plants around Corpus Christi Bay, including two that would have been city-owned. (City officials said the astronomical cost of building a plant — around $1 billion — would be offset by the drought surcharge exemption fund, which only brings in around $6 million per year.) Groups like For the Greater Good and the Sierra Club fought hard against the city’s plan for a desalination plant in the shallow Inner Harbor, arguing that the freshwater it produced would prop up industry, allowing it to continue its insatiable consumption, much as critics of carbon capture have argued that the technology would allow fossil fuel companies to continue emitting and running their businesses as usual.
“We as residents are not using the majority of this water, so there is no reason why we should have to subsidize any kind of infrastructure that’s primarily beneficial to private corporations,” Chloe Torres, the Coastal Bend regional coordinator for Texas Campaign for the Environment, which opposed the desalination plant, told me. “Even by the rules of capitalism, that’s a tough sell.”
Coastal desalination relies on reverse osmosis, a process that filters salt out of seawater and would discharge the hypersaline brine back into the shallow bay. “When I was living there in the 1990s, desalination was like, Who would want to do something like that?” Lessoff, the historian, told me. “It’s outrageous because of the energy involved, the environmental factors, and the effect on these estuaries.”
It was also in 2022 that national environmental groups helped elect two candidates to the city council, Jim Klein, the former president of the Coastal Bend Sierra Club, and Sylvia Campos, who said they’d focus on holding industry accountable for its water usage. By some estimates, industry was guzzling as much as 80% of Corpus’ available water supply, with residents using just a fraction. The 2022 election was critical because “desalination is not done through voter approval,” Campos told me. “It is done through the city council purposely so the citizens really don’t have a say.” For the several-hundred-thousand people who live in the metropolitan area surrounding Corpus, who can’t vote in the city elections but are subject to its decisions as wholesale purchasers of its water, the situation is even less democratic.
Heading into 2024, national climate and environmental groups such as Lead Locally and the Sierra Club again endorsed a slate of candidates who opposed desalination. But industry had wised up since 2022, and spent big on the race. Environmental candidates got clobbered — Klein lost his election for an at-large council seat; Araiza, the co-founder of For the Greater Good, lost her mayoral bid by 36 points; and four other city council hopefuls also failed in their bids.
Voters returned only Campos to the city council, but it wasn’t because of their environmental concerns. “When I was knocking on their doors, they weren’t talking to me about water,” she told me.
In purple Corpus Christi, Campos, a self-described socialist, told me she convinced other city council members to turn against the desalination plans by arguing that a billion-dollar investment in a plant producing only 30 million gallons of freshwater per day didn’t make financial sense. In September 2025, in a 6-3 vote, the city council killed the Inner Harbor desalination proposal — a move that prompted Moody’s, S&P, and Fitch to either downgrade or review the city’s credit rating given the “unexpected acceleration of water depletion risk.” William Chriss, a third-generation Corpus Christian and local political analyst, told me, “I don’t think [the city council] necessarily changed their minds about the need for a desal plant. I think they changed their minds about the cost of this particular desal plant.”
Indeed, the need for water hadn’t gone away. Corpus’ water department has said that about 70% of residents already use less than a proposed restriction of 5,250 gallons per month. First-time violators who exceed that amount could face a $500 fee; a proposed penalty for second-time violators would see their water shut off.
Under a proposal floated this week, residential customers could use up to 6,000 gallons per month, while industrial customers would be forced to adhere to a 25% cut in their average water use between 2022 and 2024 — and face water shutoffs if they don’t comply.
The big industrial consumers like Exxon, Valero, and Flint Hills Resources have so far refused to disclose how they would adjust their operations in order to meet such reductions on the grounds that it’s proprietary information, as Dylan Baddour has reported in his ongoing coverage of the crisis for Inside Climate News. (Exxon and Valero failed to return our request for comment. A spokesperson for Flint Hills, which runs two crude oil refineries in Corpus, told me in a statement that the company is “optimistic we will be able to manage the potential curtailment scenarios without significantly disrupting our operations,” and pointed me toward its plans to use up to 2 million gallons per day of treated city wastewater for its operations.)
Texas Governor Greg Abbott has warned Corpus Christi’s leadership that there is “only … a little time more before the state of Texas has to take over” managing the water crisis, and blasted the city for “squandering” a $750 million loan commitments from the Texas Water Development Board, most of which had been designated exclusively for the construction of the Inner Harbor desalination plant. President Trump has also visited the Port of Corpus Christi and floated funding a revived Inner Harbor desalination project. “This is called a serious money ask, and I’m going to get that thing approved for you guys,” he told the local media. Last week, the Corpus Christi City Council voted 6-2 to begin talks with AXE H2O, a private company seeking to build a desalination plant with the city’s guarantee of a 30-year water purchase agreement.
Campos was one of the “no” votes, expressing skepticism about the “too good to be true” proposal, which would dump its high-saline discharge into the deeper gulf rather than the isolated bay, theoretically lessening the environmental impact. But its energy-intensive process would also run on natural gas, likely via on-site turbines, which its chairman said would keep its water costs lower than regional competitors as prices on the Texas grid tend to vary wildly. (Corpus Christi Polymers, which is constructing its own desalination plant, has also solicited the city for a purchasing agreement.) There is also the inherent irony of using fossil fuels to fix a problem created by fossil fuels.
A new desalination plant also does little to solve the immediate crisis, leaving Corpus in the most desperate position of its long history. A worst-case scenario would involve shutting off the tap for industry and facing its lawyers in court; limiting or rotating residential water availability; or trucking in water to manually refill the cisterns, as Baddour has reported. “The lead time that it takes to fix some of these problems just does not allow for a head-in-the-sand approach,” Amy Hardberger, the director of the Center for Water Law and Policy at Texas Tech in Lubbock, told me, having watched the situation unfold from afar. “But I don’t want to vilify Corpus,” she added. “I just think they’re getting to this point a little ahead of other cities.”
Some optimists have entertained the idea that a major rainfall could potentially break the region’s drought and buy Corpus a little more time to find a way out of its current water crisis. “The only alternatives that exist for Corpus Christi between now and three years from now at the earliest” — when a desalination plant could be up and running — “are a series of hurricanes or tropical storms that will miraculously fill our reservoir,” Chriss, the political analyst, said.
But Lessoff, the historian, gasped when I suggested a hurricane might relieve some of the pressure on Corpus. “If you want to have the biggest environmental disaster in American history, go ahead,” he said in disbelief.
The city is a catastrophe waiting to happen, Lessoff went on. Because of its low-lying chemical plants and petroleum refineries, if or when a climate change-strengthened hurricane makes landfall on the Coastal Bend, “it’ll make the BP disaster in the Gulf look like nothing,” he said. In other words, if there were ever a way to make Corpus Christians nostalgic for a mere 22 days of boil-water notices, then a direct hit by a hurricane would be it.
But that also means, perversely, that the best outcome might be for Corpus to have to sit with the consequences of over 100 years of bad water policy, deference to industry, and electing officials more interested in economic boosterism than protecting the limited resources for its residents. If any good comes out of the situation, it might be that other cities in the urban southwest learn from Corpus’ mistakes.
“It doesn’t help me to say ‘I told you so’ when there’s no water coming out of my tap,” Hardberger, the water policy expert, said. “It’s like, ‘Please don’t put me in that position. I want to live here, too. This is my home. Please work with me.’”
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Attorney General Letitia James leads a group of states suing the administration’s move to buy back two offshore wind leases.
A group of Northeast attorneys general led by New York’s Letitia James is suing the Trump administration for paying TotalEnergies nearly $1 billion to walk away from its two U.S. offshore wind leases.
The lawsuit, filed in the U.S. District Court for the District of Columbia on Tuesday, alleges that the government’s settlement agreement with Total violates the Outer Continental Shelf Lands Act, the statute governing offshore wind, as well as the Judgment Fund Act, which controls the pot of money the federal government uses to pay legal settlements. The other plaintiffs are New Jersey, Connecticut, Maine, Massachusetts, Rhode Island, and Vermont.
“After repeatedly losing in court, this administration cooked up a sham deal to pay a foreign energy company hundreds of millions of taxpayer dollars to abandon offshore wind and invest in oil and gas instead,” James said in a press release. “We are fighting back to stop this illegal agreement that threatens to erase over a thousand union jobs and cheat millions of New Yorkers out of clean, affordable energy.”
On March 23, the Interior Department announced it had reached an agreement with Total to cancel two offshore wind leases in the New York area and refund the $928 million cost back to the company; in exchange, the announcement said, Total would invest an equivalent amount in U.S. oil and gas projects. In a later release, the department said it would pay Total from the Judgment Fund, a permanently appropriated pot of money overseen by the Treasury Department used to settle ongoing or imminent litigation.
According to the signed settlement agreement, the Trump administration said that it would have suspended construction on the lease indefinitely due to national security concerns, after which Total would have claimed breach of contract, but instead, the two parties settled.
James’ lawsuit claims that this does not meet the Judgment Fund’s standard for imminent litigation. “A hypothetical lawsuit to challenge an agency action that had not even been threatened — here, the suspension or cancellation of the Lease — does not constitute actual or imminent litigation under the Judgment Fund Act,” it says.
The lawsuit also contends that there was no actual disagreement between the parties. Both Total and the Trump administration wanted to cancel the leases, it says, citing reporting from Axios in which Total’s CEO asserted that the agreement “came from us — we took the initiative.”
If the parties wanted to cancel the leases, they could have done so legally under the Outer Continental Shelf Lands Act. But the government’s actions violate that statute as well, according to the lawsuit. Proper procedure would have required a hearing to investigate whether continued activity on the lease would cause serious harm to the environment or national security, and whether the advantages of cancelling outweigh those of continuing to honor the lease. The law also requires the administration to notify and coordinate with the governors of affected states, which the Interior Department did not do, the suit argues.
The states that brought the lawsuit allege the terminations will harm their economies, energy grids, and climate goals. New Jersey awarded a contract to one of Total’s offshore wind projects, called Attentive Energy Two, in 2024; the finished development would have provided the state 1.3 gigawatts of power, enough to power about 650,000 homes. On its own, the agreement would have gone a third of the way toward fulfilling a state law passed in 2018 that required New Jersey to procure 3.5 gigawatts of offshore wind energy. In addition to feeding the state’s tight electricity market, in which demand is now outpacing supply, the Attentive Energy Project would have delivered an estimated $3.1 billion in direct, indirect, and induced benefits into New Jersey’s economy.
New York did not have an active contract with any projects under development within the leased areas, but it was anticipating Total bidding into the state’s next round of offshore wind solicitations, according to the lawsuit. The state has many aging power plants nearing retirement, and its grid operator has warned that the New York City area faces a reliability risk without new generation coming online. Total’s project would have provided “critical energy diversity benefits” to the city, the suit says.
The Interior Department disputed the basis for the lawsuit, telling Heatmap that “the only thing blatantly unlawful here was the process by which these offshore wind leases were negotiated and imposed under the Biden administration.” A spokesperson reiterated that “there were serious national security risks that demanded immediate attention,” although did not elaborate on what those risks were. They also emphasized that the settlement agreements were voluntary and were approved by the Department of Justice.
“Attempts to rewrite history now cannot erase the reality of these projects and the damage they could cause,” they said.
Offshore wind advocates, however, applauded the suit. “We commend the Northeast Governors for standing up again against actions that threaten jobs, investment, and the nation's ability to meet growing electricity demand with an affordable and reliable energy source,” Liz Burdock, the president and CEO of the Oceantic Network, said.
A new scientific report on the state of the industry shows a growing gap between what we can do and what we need to do.
The gap between the world’s current capacity to remove carbon dioxide from the atmosphere and the amount we’ll need to remove to materially address climate change is so large, it's hard to fathom crossing it. Now, a new report warns that the chasm is widening.
The third State of Carbon Dioxide Removal report, published on Tuesday, finds that while carbon removal research and deployment has advanced significantly in the past two years, it is still not growing quickly enough to reach the scale required to support the Paris Agreement temperature limits. Carbon emissions, meanwhile, have continued to rise globally, raising the amount of carbon removal required in turn.
“We’re seeing a lot of signs that there’s still growth happening,” Morgan Edwards, an assistant professor of public affairs at the University of Wisconsin, Madison, and one of the authors, told me. “But we need to see a step change in both early indicators like investment and also actual deployments” between now and 2030, in addition to serious emission reductions, she said.
The State of Carbon Dioxide Removal is a project between researchers at the University of Wisconsin, Madison, the University of Maryland, the University of Oxford, the Potsdam Institute for Climate Impact Research, and the German Institute for International and Security Affairs. The latest report collates a wide range of indicators to assemble a detailed portrait of progress in the sector, from the number of research papers and patents published, to project deployments, costs, and investment, to voluntary purchases and policies.
The world currently removes approximately 2.2 billion tons of carbon from the atmosphere each year through intentional human activity, the authors found, which is equivalent to about 5% of annual global carbon dioxide emissions. Nearly all of that carbon removal happens through what the authors deem “conventional” methods, which include planting trees, improved forest management, soil sequestration on farms and grasslands, and coastal wetland restoration.
Less than 1% of the 2.2 billion tons comes from “novel” methods such as direct air capture, bioenergy with carbon capture, enhanced weathering, and biochar, the most common method. Novel carbon removal increased from 1.4 million tons in 2023 to 2 million tons in 2025, with biochar responsible for most of that. In total, novel forms of carbon removal have to grow to 70 million by 2030 and 360 million by 2035 for the world to achieve net zero and begin to reverse warming back down to 1.5 degrees Celsius this century, the authors found. And that’s assuming the emissions curve starts to bend dramatically downward.
“The gap will continue to grow if we do not pursue immediate and ambitious emissions reductions today,” Edwards said. Though the Paris Agreement’s 1.5-degree goal looks to be receding further out of reach, she stressed that net-zero emissions implies significant carbon removal, regardless of what temperature target you’re aiming for.
No matter how you look at it, getting to 70 million tons by 2030 would require a major shift. Right now, the most optimistic expectation for how much the carbon removal industry will grow by that point, based on corporate announcements, is about 42 million tons per year by 2030, according to the report. The capacity in the pipeline from projects that are under construction, however, amounts to just 8.4 million by 2030. At the country level, only about a third of national climate strategies even mention novel carbon removal methods, and overall carbon removal ambition among countries would have to double to close the 2030 gap.
This isn’t impossible — other technologies have achieved comparable growth rates. The report’s authors estimate that carbon removal would have to scale at speeds similar to solar power and electric vehicles. Unlike those singular solutions, however, carbon removal consists of many different technologies that intersect with a range of industries — oil and gas drilling, farming, forestry, mining — and therefore may not scale as linearly. Also, unlike EVs and solar, carbon removal isn’t a useful product with an obvious market. It’s a public good, like waste management — and an expensive one, at that.
Carbon removal funding is also highly concentrated, the authors warn, making the industry vulnerable to sudden shifts in policy and investment appetite. For example, Microsoft alone has made more than 80% of carbon removal purchases to date; then in April it confirmed it was pausing procurements, leaving behind major uncertainty over who, if anyone, will fill its role in the market. Similarly, most government funding for pilot projects to date has concentrated in three countries — the U.S., Sweden, and Denmark — but more recently the U.S. has dismantled much of its support.
The industry is also concentrated in terms of deployment. Biochar and bioenergy with carbon capture account for almost all of the 2 million tons of novel removals the authors identified. Direct air capture facilities removed just 1,500 tons in 2025, according to the report. All of that came from Climeworks’ two facilities in Iceland — Orca and Mammoth — and it’s significantly less than the roughly 40,000 tons these facilities were designed to capture each year. (While there are a few other direct air capture plants operating, they have not yet had any removals certified by a third party, and so were not included in the estimate.)
There are some bright spots in the report. Research funding, scientific publications, demonstration projects, public policies, and private investment in carbon removal are all trending up. It’s just that the results of these efforts — in terms of patents, projects under construction, and the amount of carbon being removed — are uneven.
While the report is a valiant effort to assess how far carbon removal has come, the overall picture remains deeply uncertain. That word, “uncertain,” appears over and over, applying to such questions as:
The authors emphasize the need for more research, public policy, and funding to narrow these uncertainties — especially on the demand side of the equation.
“Both demand and supply side policies are important for innovation, but much of the policy we’ve seen for CDR today has been more supply-side focused,” said Edwards. “There’s a need for a strong signal to companies who are developing these technologies and implementing CDR on the ground that the demand will be there.”
On Anthropic’s IPO, home energy rebates, and French rare earths
Current conditions: The most powerful storm to hit Western Australia in 49 years has deluged the capital of Perth • Temperatures in the Arizonan metropolis of Phoenix are climbing to 103 degrees Fahrenheit today, and will stay around that level all week • South Georgia Island, a British overseas territory near Antarctica in the Atlantic, is bracing for heavy snow.
Anthropic, the artificial intelligence giant behind the chatbot Claude, filed the first documents to the Securities and Exchange Commission to make its stock market debut. The company submitted a confidential S-1, meaning that — unlike the recent SpaceX filing — the details aren’t yet publicly available. By doing so, Anthropic has “the option to go public after the SEC completes its review,” the company wrote Monday in a blog post. The number of shares to be offered and the price “have not yet been set.” The IPO could have big energy implications. Unlike some hyperscalers, who have pushed back against the public blowback to data centers, Anthropic vowed three months ago to pay to offset electricity price hikes from its server farms, as I previously wrote. Coupled with the news yesterday morning that Iran had broken off negotiations with the U.S. to end the conflict blocking the Strait of Hormuz, Monday offered clear evidence of what Heatmap’s Robinson Meyer described as the electricity economy “having its moment.”
Here are a couple more data points: Later on Monday, Berkshire Hathaway, the investment company formerly run by Warren Buffett, announced plans to invest $80 billion into Google owner Alphabet’s data center buildout. Meanwhile, Mike Schroepfer, the former chief technology officer of Facebook parent Meta Platforms, raised $250 million for his climate-tech venture capital firm Gigascale, Bloomberg reported.
On Monday, the Department of Energy released its long-awaited guidance on how to use the remaining home rebate programs left intact after Republicans repealed broad swaths of the Inflation Reduction Act. Unsurprisingly, the program — which had a complicated rollout — initially meant to support deployment of electric heating is now no longer available for homeowners hoping to switch from gas to electric.
“Make no mistake: This is part of a coordinated strategy to boost fossil fuel profits at the expense of working families,” Tony Sirna, the deputy policy director of buildings at the progressive climate group Evergreen Action, said in a statement. “These home electrification rebates were a lifeline for families who otherwise could not afford to upgrade their homes and escape rising energy costs. Gutting them ensures millions of households remain captive customers of greedy gas utilities now poised to saddle ratepayers with up to $1.4 trillion in costs for pipelines that will ultimately be underused or entirely unnecessary.”
Allow me to break with journalistic convention and lead with the dog-bites-man story: China, already the world leader in building its own nuclear reactors, just installed the containment dome on its latest reactor at the Lianjiang nuclear power plant in Guangdong province, World Nuclear News reported. This is a vital step toward completing construction, though not unusual in a country with a whopping three dozen commercial fission reactors underway.
And now for the man-bites-dog. The United Kingdom, whose nuclear industry has long suffered the same anemia as that in the United States, just reached a major milestone on its long-delayed Hinkley Point C nuclear site in southwest England. On Monday, NucNet reported that the second reactor pressure vessel had been lifted into place by the world’s largest crane.
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A federal judge in Denver halted the Trump administration’s effort to carve up Boulder’s National Center for Atmospheric Research by handing over a supercomputing center to the University of Wyoming. The 38-page injunction, detailed in the Colorado Sun, called the move by the National Science Foundation to divest from the supercomputing center “arbitrary, capricious, an abuse of discretion, or otherwise not in accordance with law.” Senior U.S. District Judge R. Brooke Jackson argued that his decision was necessary because a lawsuit filed in March by the University Corporation for Atmospheric Research was likely to succeed, and “too much damage had already been done to the supercomputing center’s operations.”
The U.S. wants to quit Chinese minerals. But mining all those metals domestically is virtually impossible. As a result, one of the two big rare earths champions in which the Trump administration took an equity stake is now looking to Europe. On Monday, USA Rare Earth announced plans to invest more than $204 million into producing rare earths and magnets made from them. The deal, per Mining.com, builds off a previous agreement to acquire a stake in the French rare-earth processor Carester for $47 million.
France isn’t the only country netting some green investment. On Monday, Italian oil giant Eni announced its own bet on battery manufacturing. The company reached a deal for a joint venture with Seri Industrial Group to develop an integrated industrial supply chain for lithium-iron-phosphate batteries. The deal will close by the end of this week. Eni said the deal “adds another piece to the puzzle of completing the supply chain from critical minerals to the production of energy storage.”