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Energy

The Capitol and John Thune.
Politics

How the Senate GOP’s New Tax on Renewables Could ‘Kill’ the Industry

As bad as previous drafts of the reconciliation bill have been, this one is worse.

Energy

On Top of Everything Else, Trump’s Tax Bill Would Break Direct Pay

A little-noticed provision would make the payment option used by tax-exempt groups all but impossible to claim.

Blue
Economy

AM Briefing: China Relents on Rare Earths

On resuming rare earth shipments, hurricane tracking, and EV tax credits

Yellow
Houses.

The IRA’s Home Energy Efficiency Programs Are Still Kicking ... Sort Of

Congress has left well enough alone, but that doesn’t mean funds are necessarily flowing.

Green
Global Energy Use Smashes Records Across the Board

AM Briefing: An Energy Smorgasbord

On a new report from the Energy Institute, high-stakes legislating, and accelerating nuclear development

Yellow
Climate

AM Briefing: Heat for the History Books

On mercury rising, climate finance, and aviation emissions

The June Heat Dome Is Shattering Temperature Records
<p>Heatmap Illustration/Getty Images</p>

Current conditions: Tropical Storm Andrea has become the first named Atlantic storm of 2025 • Hundreds of thousands are fleeing their homes in southwest China as heavy rains cause rivers to overflow • It’s hot and humid in New York’s Long Island City neighborhood, where last night New York City mayoral candidate Zohran Mamdani delivered his victory speech after defeating former governor and longtime party power broker Andrew Cuomo in the race’s Democratic primary.

THE TOP FIVE

1. June heat wave smashes temperature records

The brutal heat dome baking the eastern half of the United States continues today. Cooler weather is in the forecast for tomorrow, but this heat wave has broken a slew of temperature records across multiple states this week:

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A sun bending power lines.
<p>Heatmap Illustration/Getty Images</p>

Hot and humid weather stretching from Maine to Missouri is causing havoc for grid operators: blackouts, brownouts, emergency authorizations to exceed environmental restrictions, and high prices.

But in terms of what is on the grid and what is demanded of it, this may be the easiest summer for a long time.

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