Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Energy

100 Days of Trump

On Trump’s tenure, IRA grants, and COP30

100 Days of Trump
Heatmap Illustration/Getty Images

Current conditions: Dangerous flash flooding could hit the south-central United States today, with some areas facing the potential for 8 inches of rain in 12 hoursThe U.N. is warning countries in Northwest Africa that weather conditions are favorable to locust swarms Temperatures in parts of Pakistan today will approach 122 degrees Fahrenheit, the global record for April.

THE TOP FIVE

1. How Trump’s first 100 days impacted the climate industry

After 100 days in office, President Trump has the lowest job approval rating of any president at this point in their tenure in the past 80 years. “Chaos, uncertainty, ‘we don’t know yet.’ These are words I’ve heard more during Donald Trump’s first 100 days back in the White House than I’ve heard at any other time as a reporter,” my colleague Emily Pontecorvo writes for Heatmap (something I can vouch for, too). From his slashing of the federal workforce to regulatory rollbacks to his unpopular tariffs and targeted attacks on “climate” in every form, Trump is reshaping the economic and policy environment from the top down.

Emily put together five charts yesterday to help visualize the impact of Trump’s second term to date. Some of the most striking takeaways include:

  • At this point in Trump’s first term, he’d signed 24 executive orders total. As of today, he has signed 20 executive orders related solely to environmental policy — and more than 100 in total. (He’s also fulfilled about 40% of Project 2025’s wishlist.)
  • Trump’s tariffs are a “catastrophe” for the oil industry, Robinson Meyer has written, but Emily put a chart to it: Intermediate crude oil has been trading below the new drilling profitability benchmark of $65 a barrel since April 4 — right after Trump announced his most sweeping tariffs. So much for “drill, baby, drill.”
  • Cancellations of clean manufacturing investments are way up, especially for factories that would have produced batteries. But the picture is a little muddled when you try to pin that one entirely on Trump.

You can read Emily’s full story — with charts! — here.

2. Transportation Committee releases draft budget, takes bite out of IRA

Emily also reviewed the first draft of the House Transportation and Infrastructure Committee’s budget, which was released on Tuesday. “Remember, the name of the game for Republicans is to find ways to pay for Trump’s long list of tax cuts,” she writes. In the proposed budget, the Transportation Committee puts forward one new revenue-generating program — an annual fee of $200 on electric vehicles and $20 on conventional gas-powered cars to pay into the Highway Trust Fund — plus a list of “rescissions” of unobligated funds from the Inflation Reduction Act. That list includes efforts to claw back more than $1.7 billion for improving the efficiency of government buildings, as well as whatever remains of the $3.2 billion allocated to the Federal Highway Administration to promote improved walkability and transportation access, along with five other key IRA grant programs. But “this is just a first pass,” Emily reminds us, “and this is all subject to change.”

3. COP30 president: It will be harder to convince nations to lower emissions if the U.S. drops out

COP30 President André Corrêa do Lago warned that as the U.S. retreats from the fight against global warming, it will become increasingly difficult to persuade other countries to commit to the energy transition. Speaking at the BloombergNEF Summit in New York, approximately six months out from COP30 in Belém, Brazil, Corrêa do Lago stressed that “There is obviously some that say ‘God, how am I going to convince my people to lower emissions when the richest country isn’t doing the same.’”

It is unclear what sort of delegation the U.S. will send to COP30, given the Trump administration’s severing of global climate research and its exit from the Paris Climate Agreement. China, meanwhile, has announced its intention to commit to stricter climate goals ahead of the November meetings in Brazil. “China is demonstrating an absolute conviction that it's the right way to go,’’ Corrêa do Lago said.

4. Ford announces breakthrough in battery cell chemistry

Ford’s director of electrified propulsion engineering announced on LinkedIn that the company has made a significant breakthrough in battery technology, the Detroit Free Press reports. “This isn’t just a lab experiment,” the director, Charles Poon, wrote. “We’re actively working to scale [Lithium Manganese Rich] cell chemistry and integrate them into our future vehicle lineup within this decade.” LMR replaces commonly used nickel and cobalt with manganese, which Poon says costs less and helps approach “true cost parity with gasoline vehicles” as well as “higher energy density” that “translates to greater range, allowing our customers to go further on a single charge.”

Many companies have made advances in LMR, which is not a new technology, but Ford clarified in comments to the Free Press that it has overcome some of the technical challenges of LMR, like voltage decay, while “not sacrificing energy density.” Still, Ford was short on details, leaving some skeptical of the supposed revolution in battery technology. Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions, thinks Ford “found a workaround, but this is far from a breakthrough,” according to Autoevolution. “However, such efforts are welcome as carmakers try to push the envelope of current battery technology.”

5. Canada’s biggest bank, RBC, backs out of sustainable finance goals

The largest bank in Canada, the Royal Bank of Canada, announced on Tuesday that it is “retiring” its sustainable finance goals and will not disclose its findings on how its high-carbon energy financing compares with its low-carbon energy financing, according to the Canadian Press. Per RBC, the move is due to regulatory changes, including Canada’s Competition Act, which was designed to prevent corporate greenwashing by requiring climate reporting to be backed by internationally recognized measures, The Globe and Mail explains.

By backing off its target, RBC is abandoning a $500 billion commitment to sustainable finance this year. The bank previously exited the Net-Zero Banking Alliance, a global initiative spearheaded by Mark Carney, who was elected to a term as prime minister earlier this week. While “campaigners worry banks are seizing on a shift in the political climate, particularly under U.S. President Donald Trump, to dilute commitments to act quickly on decarbonising their portfolios” — per Reuters — RBC said it has not abandoned its intentions of addressing climate change and that it should be considered the “bank of choice” for the energy transition.

THE KICKER

A startup in Switzerland is installing removable solar panels in the unused space between train tracks. The company, Sun-Ways, says that if it installs panels across the entire 3,300 miles of the Swiss rail network, it could generate one billion kilowatt-hours of solar power per year, equivalent to approximately 2% of the nation’s electricity needs.

Yellow

You’re out of free articles.

Subscribe today to experience Heatmap’s expert analysis 
of climate change, clean energy, and sustainability.
To continue reading
Create a free account or sign in to unlock more free articles.
or
Please enter an email address
By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
Ideas

Philanthropy Needs a New Grassroots Strategy for Clean Energy

Invest in Our Future’s Peter Colavito on why funders and advocates should pay more attention to the solar farm down the road.

A suburban house.
Heatmap Illustration/Getty Images

Up until last September, Wisconsin’s Public Service Commission had gone 14 years without approving a large-scale wind project. But when they met to review the 456 public comments submitted for Badger Hollow, a 118-megawatt project that would straddle Iowa and Grant counties, they found overwhelming support for the proposal. Approval followed.

This wasn’t by chance. For months, groups like the Rural Climate Partnership, Greenlight America, Farm-to-Power, Clean Wisconsin, CivicIQ, and Healthy Climate Wisconsin worked together to build support. They held roundtables with farmers and shot digital ads with testimonials from residents that ran online and at gas stations. They emphasized the nearly $600,000 the project would generate for cash-strapped towns and counties every year to fund things like roads, bridges, and emergency services. And they empowered trusted local voices to make a case grounded in their communities’ values.

Keep reading...Show less
Green
AM Briefing

Hot Rock, Hot Stock

On the transformer shortage, sodium batteries, and a space grid

Fervo's IPO.
Heatmap Illustration/Fervo

Current conditions: It’s pouring in Boston today, with temperatures that could feel as low as 47 degrees Fahrenheit • Severe flooding in Turkey’s Samsun province has sent a dozen people to the hospital • Bear season in Yellowstone has started earlier than usual, raising the risk of more violent encounters between hikers and grizzlies.


THE TOP FIVE

1. Trump kicks off summit with Xi Jinping in China

President Donald Trump formally began talks with Chinese president Xi Jinping today as the leaders of the world’s two largest economies seek some kind of rapprochement after more than a year of escalating battles over trade. The discussions are expected to cover a range of topics, including Taiwan’s sovereignty and the market dominance over critical minerals that Foreign Policy called Beijing’s “most potent” tool in the trade negotiations. Indeed, China’s control over critical minerals means Xi “will have the upperhand,” according to the Council on Foreign Relations, which noted that Trump folded last year in his trade battle with Xi once Beijing threatened to restrict flows of rare earths.

Keep reading...Show less
Yellow
Adaptation

The Only City in America Hoping for a Hurricane

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

Corpus Christi.
Heatmap Illustration/Getty Images

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.

Keep reading...Show less