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Economy

Site of Idaho’s Lava Ridge Wind Project May Be Used for SMRs
Economy

AM Briefing: A Second Wind for Lava Ridge?

On a new plan for an old site, tariffs on Canada, and the Grain Belt Express

Climate

AM Briefing: NOAA Nominee Vows to Fill Forecaster Vacancies

On Neil Jacobs’ confirmation hearing, OBBBA costs, and Saudi Aramco

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Climate

AM Briefing: SCOTUS Greenlights Federal Firings

On federal layoffs, copper tariffs, and Texas flood costs

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Sparks

Trump Says He’s Going to Slap a Huge Tariff on Copper

“I believe the tariff on copper — we’re going to make it 50%.”

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Texas Flood Among Worst in 100 Years

AM Briefing: Texas Flood Among Worst in 100 Years

On flash floods, tariffs, and OBBBA

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House Cues Up Potential Thursday Passage of GOP Megabill

AM Briefing: House Cues Up Thursday Passage of GOP Megabill

On a late-night House vote, Tesla’s slump, and carbon credits

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Electric Vehicles

AM Briefing: The Megabill Goes to the House

On the budget debate, MethaneSAT’s untimely demise, and Nvidia

House Republicans Are Already Divided on the Megabill
<p>Heatmap Illustration/Getty Images</p>

Current conditions: The northwestern U.S. faces “above average significant wildfire potential” for July • A month’s worth of rain fell over just 12 hours in China’s Hubei province, forcing evacuations • The top floor of the Eiffel Tower is closed today due to extreme heat.

THE TOP FIVE

1. House takes up GOP’s megabill

The Senate finally passed its version of Trump’s One Big Beautiful Bill Act Tuesday morning, sending the tax package back to the House in hopes of delivering it to Trump by the July 4 holiday. The excise tax on renewables that had been stuffed into the bill over the weekend was removed after Senator Lisa Murkowski of Alaska struck a deal with the Senate leadership designed to secure her vote. In her piece examining exactly what’s in the bill, Heatmap’s Emily Pontecorvo explains that even without the excise tax, the bill would “gum up the works for clean energy projects across the spectrum due to new phase-out schedules for tax credits and fast-approaching deadlines to meet complex foreign sourcing rules.” Debate on the legislation begins on the House floor today. House Speaker Mike Johnson has said he doesn’t like the legislation, and a handful of other Republicans have already signaled they won’t vote for it.

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Politics

AM Briefing: Let the Vote-a-Rama Begin

On taxing renewables, climate finance, and Europe’s heat wave

Where Things Stand with the GOP’s Megabill
<p>Heatmap Illustration/Getty Images</p>

Current conditions: Parts of Northern California are under red flag warnings as warm air meets whipping winds • China’s southwestern Guizhou province is flooded for the second time in a week • A potential bomb cyclone is taking aim at Australia’s east coast.

THE TOP FIVE

1. The Senate GOP’s new tax on renewables could kill the industry

Late on Friday Senate Republicans added a new tax on solar and wind projects to the budget reconciliation megabill that sent many in the industry into full-blown crisis mode. The proposal would levy a first-of-its-kind penalty on all solar and wind projects tied to the quantity of materials they source from companies with ties to China or other countries designated as adversaries by the U.S. government. “Taken together with other factors both in the bill and not, including permitting timelines and Trump’s tariffs, this tax could indefinitely undermine renewables development in America,” wrote Heatmap’s Jael Holzman. Here are a few reactions from politicians and industry insiders:

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