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On once-in-a-lifetime bad weather, Trump tariffs, and Tesla’s shares
Current conditions: A heat wave triggered power cuts in Kuwait as electricity demand exceeded capacity • Australia just rounded out its 12 hottest months ever recorded • Temperatures in New York City are forecast to reach 73 degrees Fahrenheit today, nearly 30 degrees higher than yesterday.
Powerful thunderstorms are tearing across the Midwest and Mississippi Valley in what the National Weather Service has warned will be a “multi-day catastrophic and potentially historic” event. Destructive and deadly tornadoes were reported overnight in multiple states including Missouri, Arkansas, Kentucky, and Indiana. The system also brought a threat of once-in-a-lifetime flooding caused by heavy rainfall. More than 1.4 million people were under flash flood warnings. “This isn’t routine,” the National Weather Service in Memphis, Tennessee, warned. “This is a rare, high-impact, and potentially devastating event.” The storm is expected to stall over the region and continue to dump heavy rain – up to 12 inches in some areas – through the rest of the week.
NOAA
As Heatmap’s Jeva Lange has reported, the Intergovernmental Panel on Climate Change is highly confident in the attributable influence of climate change on extreme rain, and “everything we know about thunderstorms suggests that a warmer, wetter atmosphere will mean severe convection storms become both more frequent and more intense.” These historic spring storms are hitting as the Trump administration slashes jobs at the National Oceanic and Atmospheric Administration and the Federal Emergency Management Agency, hampering the government’s ability to effectively forecast and respond to weather emergencies.
President Trump on Wednesday announced sweeping 10% baseline tariffs on imported goods, as well as higher “reciprocal” tariffs against about 60 countries that impose charges and other trade barriers on U.S. products. China will be hit with a 34% reciprocal fee, on top of Trump’s existing 20% tariffs on Chinese goods, bringing the overall rate to 54%. The European Union will be hit with 20% reciprocal tariffs; India 26%; South Korea 25%; Japan 24%, and Vietnam 46%. The full list is here.
The newly announced levies exclude imported energy commodities such as crude oil, natural gas, and refined products. “The exemption will come as a relief to the U.S. oil industry, which had expressed concerns that new levies could disrupt flows and raise costs,” Reutersnoted. Meanwhile, high reciprocal tariffs on goods from southeast Asia mean higher prices for solar panels, “another potential dent to the clean energy buildout by a president keen to boost fossil fuels,” according toBloomberg. Trump’s 25% tariffs on auto imports also come into effect today, a move expected to hike car prices for American consumers.
Tesla’s shares have been on a rollercoaster ride over the last 24 hours, falling by about 6% on weak quarterly EV sales, then rebounding on a report that CEO Elon Musk plans to step away from his role within the Trump administration. The electric vehicle company delivered 336,681 cars in the first quarter of 2025, far below analyst expectations of 390,000. The results are the company’s weakest since 2022, a further sign of curdling consumer sentiment as Musk spearheads unpopular mass firings across multiple federal agencies as head of the Department of Government Efficiency. On Wednesday, Politicoreported that President Trump has been telling his Cabinet that Musk will soon “return to his businesses and take on a supporting role” within the administration. The White House denied the report, but the rumor seemed to buoy Tesla’s stock market position, with pre-market shares up about 5% on Thursday.
A group of 16 Republican state legislators on Wednesday sent a letter to Energy Secretary Chris Wright asking him not to pull the plug on funding for seven nascent hydrogen hubs dotted across the country. The Department of Energy is reportedly thinking about cutting $4 billion in funding for the hubs, which were approved under the Biden administration in an effort to turn hydrogen into a viable fossil fuel alternative. The GOP lawmakers urge Wright to preserve funding for the Pacific Northwest Hydrogen Hub in particular, pitching it as a boost to manufacturing, energy independence, and domestic economic growth. Senate Democrats sent their own letter to Wright on Wednesday slamming the contemplated hydrogen hub defunding. “Indiscriminately canceling program funding and executed contracts, and refusing to execute on the funding directives Congress enacted, neither honors existing agreements nor is consistent with the spending laws that have appropriated funding for specific purposes,” the Democrats wrote.
Global coal-fired power capacity additions in 2024 were at their lowest level in 20 years, according to a new report from the Global Energy Monitor. The drop signals an ongoing slowdown in coal use as renewables come online, but the fleet is still growing, especially in China and India. China’s 30.5 gigawatts of newly commissioned coal power capacity last year accounted for 70% of the global total. Meanwhile, India recorded more new coal proposals than ever before. Coal is one of the dirtiest fossil fuels, accounting for 40% to 45% of global energy-related carbon dioxide emissions.
Global Energy Monitor
Montana’s Colstrip power plant, which produces more fine particulate emissions than any other coal-burning plant in the United States, has asked President Trump for an exemption from the Environmental Protection Agency’s air pollution standards.
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On resuming rare earth shipments, hurricane tracking, and EV tax credits
Current conditions: The Ohio Valley is still sweltering through the last remnants of this week’s brutal heat wave • The death toll from recent floods in South Africa has risen to 101 • It’s 90 degrees in Venice, Italy, where the world’s rich and famous are gathering for the wedding of Jeff Bezos and Lauren Sanchez.
The U.S. and China have hammered out the details of a trade deal, including an agreement that China will resume rare earth shipments to the U.S. Rare earth materials are essential for everything from planes to EVs to wind turbines. China controls most of the world’s rare earth production and halted exports in April in response to President Trump’s tariff hike, and China’s chokehold on rare earths threatened to derail trade talks between the two countries altogether. Commerce Secretary Howard Lutnick said a deal has now been “signed and sealed.” “They’re going to deliver rare earths to us,” Lutnick said, adding that the U.S. will then “take down our countermeasures.” Lutnick also indicated that Trump plans to announce further trade deals with other nations in the coming two weeks.
As climate talks in Bonn, Germany, wind down, negotiators there have agreed to increase the budget for the United Nations Framework Convention on Climate Change by 10% over the next two years to 81.5 million euros ($95.4 million). The UNFCCC runs some of the world’s largest climate negotiations and tries to ensure countries follow through on their climate commitments. Its budget is funded by government contributions. China will account for 20% of the new budget, Reuters reported. The U.S. is supposed to cover 22%, but President Trump has pulled international climate funding. Former New York Mayor Michael Bloomberg’s philanthropic arm has stepped in to cover the missing U.S. contributions. UN climate chief Simon Stiell said the budget increase was “a clear signal that governments continue to see UN-convened climate cooperation as essential, even in difficult times.”
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Hurricane forecasting is about to get a little bit more difficult. At the end of June, the federal government is going to stop distributing readings from the Defense Meteorological Satellite Program, a tool forecasters all over the world have been using to track and predict hurricane development. As retired federal meteorologist Alan Gerard told Bloomberg, this particular satellite program is unique because it lets forecasters peer inside storms and monitor for rapid intensification. As the planet warms, hurricanes are strengthening much faster than they did in recent decades. Hurricane expert Michael Lowry says the Department of Defense seems to be concerned that the satellite data poses a security concern. Its termination “will severely impede and degrade hurricane forecasts for this season and beyond, affecting tens of millions of Americans who live along its hurricane-prone shorelines,” Lowry wrote.
A group of U.S. car dealers penned a letter urging senators to “reject provisions in the budget reconciliation process that would abruptly eliminate EV-related tax credits from the Inflation Reduction Act,” warning that sudden changes would bring about market uncertainty, damage businesses, and hurt Americans. The signatories – including EV Auto, Carmax, and Caravan – instead call for a “gradual sunset” of the EV tax credits to avoid disruption to the used car market. “A multi-year transitional period would also provide the opportunity for Americans to continue adopting cleaner vehicles more affordably,” they add. The tax and budget bill put forward by Senate Republicans would end the $7,500 EV tax credit within 180 days after the law’s passage.
A report out today from the International Council on Clean Transportation estimates that the world’s private jets produced more greenhouse gas emissions in 2023 than all the flights that took off from Heathrow Airport — the world’s fourth busiest airport — that same year. Emissions from private jets increased 25% over the past decade. A few more interesting (though perhaps not surprising) tidbits from the report:
International Council on Clean Transportation
Solar power accounted for more than 10% of U.S. electrical output in April, while wind provided about 14%. As Michelle Lewis at Electreknotes, “solar is now producing more electricity than hydropower, biomass, and geothermal combined.”
Today’s conversation is with Chris Moyer of Echo Communications, a D.C.-based communications firm that focuses on defending zero- and low-carbon energy and federal investments in climate action. Moyer, a veteran communications adviser who previously worked on Capitol Hill, has some hot takes as of late about how he believes industry and political leaders have in his view failed to properly rebut attacks on solar and wind energy, in addition to the Inflation Reduction Act. On Tuesday he sent an email blast out to his listserv – which I am on – that boldly declared: “The Wind Industry’s Strategy is Failing.”
Of course after getting that email, it shouldn’t surprise readers of The Fight to hear I had to understand what he meant by that, and share it with all of you. So here goes. The following conversation has been abridged and lightly edited for clarity.
What are you referencing when you say, ‘the wind industry’s strategy is failing’?
Anyone in the climate space, in the clean energy space, the worst thing you can do is go silent and pretend that this is just going to go away. Even if it’s the president and the administration delivering the attacks, I think there’s an important strategy that’s been lacking in the wind and other sectors that I don’t think has been effective. There was a recent E&E News story that noted a couple of wind developers when asked for comment just say, “No comment.” This to me misses a really big opportunity to not get in a fight with people but talk about the benefits of wind.
Not taking advantage of milestones like ground breaking or construction starting is a missed opportunity to drive public opinion. If you lose support in public opinion, you’re going to lose support from public officials, because they largely follow public opinion.
And there’s no way that’s going to change if you don’t take the opportunities to talk about the benefits that wind can provide, in terms of good-paying local jobs or supplying more electrons to the grid. By almost any measure the strategy employed so far has not really worked.
Okay, but what is the wind industry strategy that isn’t working? What are they doing to rebut attacks on the technology, on property values, on the environment?
We’re not hearing them. We’re not hearing those arguments.
You can’t let criticisms go unanswered.It would better serve the industry and these companies to push back against criticisms. It’s not like you can’t anticipate what they are. And what do you have to lose? You’re in the worst position of any energy sector in this political moment. It would be nice to see some fight and sharp campaign skills and strategic effort in terms of communication. And there’s no strategic value from what I can tell in [being silent].
I understand not wanting to pick a fight with folks who hold your fate in their hands, but there’s a way to thread a needle that isn’t antagonizing anybody but also making sure the facts have been heard. And that’s been missing.
You’d specifically said the industry should stop ‘being paralyzed in fear and start going on offense.’ What does that look like to you?
Taking every opportunity to get your message out there. The lowest hanging fruit is when a reporter comes and asks you, What do you think about this criticism? You should definitely reply. It’s lifting up third-party voices that are benefiting from a specific project, talking about the economic impacts more broadly, talking about the benefits to the grid.
There’s a whole number of tools in the toolbox to put to use but the toolboxes remain shut thus far. Targeted paid media, elevating the different voices and communities that are going to resonate with different legislators, and certainly the facts are helpful. Also having materials prepared, like validators and frequently asked questions and answers.
You’re trying to win. You’re trying to get your project to be successful and deliver jobs and tax revenue. And I think it would be wise for companies to look at the playbooks of electoral campaigns, because there’s lots of tools that campaigns use.
How do renewable energy developers get around the problem of partisanship? How do you get outta that through a campaign approach?
These projects are decided locally. It’s deciding who the decision-makers are and not just letting opponents who are getting talking points through right-wing media show up and reiterate these talking points. Oftentimes, there’s no one on the pro side even showing up at all, and it makes it really easy for city councils to oppose projects. They’re losing by forfeit. We can’t keep doing that.
And more on this week’s most important conflicts around renewable energy.
1. Chautauqua, New York – More rural New York towns are banning renewable energy.
2. Virginia Beach, Virginia – Dominion Energy’s Coastal Virginia offshore wind project will learn its fate under the Trump administration by this fall, after a federal judge ruled that the Justice Department must come to a decision on how it’ll handle a court challenge against its permits by September.
3. Bedford County, Pennsylvania – Arena Renewables is trying to thread a needle through development in one of the riskiest Pennsylvania counties for development, with an agriculture-fueled opposition risk score of 89.
4. Knox County, Ohio – The Ohio Power Siting Board has given the green light to Open Road Renewables’ much-watched Frasier Solar project.
5. Clay County, Missouri – We’ll find out next week if rural Missouri can still take it easy on a large solar project.
6. Clark County, Nevada – President Trump’s Bureau of Land Management has pushed back the permitting process for EDF Renewables’ Bonanza solar project by at least two months and possibly longer .
7. Klickitat County, Washington – Washington State has now formally overridden local opposition to Cypress Creek’s Carriger solar project after teeing up the decision in May.