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Economy

Sad solar panels on a roof.
Energy

Residential Solar’s No Good, Very Bad Day

Shares in Sunrun, SolarEdge, and Enphase are collapsing on the Senate’s new mega-bill draft.

Sustainability

How Trump’s ‘Golden Share’ Could Lead to Green Steel

Trump just quasi-nationalized U.S. Steel. That could help climate policy later.

Green
Electricity.

Trump Has an Electricity Price Problem

Look more closely at today’s inflation figures and you’ll see it.

Politics

AM Briefing: An Abrupt End to a Gas Phase-Out Plan

On heat pumps, a coal mine approval, and the UN Ocean Summit.

California Rejects Phase-Out Plan for Gas Heaters
<p>Heatmap Illustration/Getty Images</p>

Current conditions: Tropical Storm Barbara is strengthening off the Pacific coast of Mexico and could become the first hurricane of the season • Smoke from wildfires in Canada’s Manitoba province brought orange skies to the United Kingdom • Pittsburgh, Pennsylvania is recovering after heavy rains brought flash flooding over the weekend.

THE TOP FIVE

1. Southern California officials reject gas phase-out

Facing the threat of legal challenges from the Trump administration, California’s South Coast Air Quality Management District, a regional agency that regulates pollution, voted on Friday to reject proposed rules to reduce sales of gas-fired furnaces and water heaters. The rules would have required manufacturers to gradually increase the proportion of zero-emissions appliances like heat pumps that they sell to 90% by 2036, and put surcharges on gas equipment. The standard took two years to draft and bring to a vote but was fiercely attacked by the gas lobby, which labeled it a “gas ban.”

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Politics

New GOP Budget Bill Guts Decades-Old Fuel Economy Rules for Cars and Trucks

The Senate’s reconciliation bill essentially repeals the Corporate Average Fuel Economy standards, abolishing fines for automakers that sell too many gas guzzlers.

An old tailpipe.
<p>Heatmap Illustration/Getty Images</p>

A new provision in the Senate reconciliation bill would neuter the country’s fuel efficiency standards for automakers, gutting one of the federal government’s longest-running programs to manage gasoline prices and air pollution.

The new provision — which was released on Thursday by the Senate Commerce Committee — would essentially strip the government of its ability to enforce the Corporate Average Fuel Economy standards, or CAFE standards.

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