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The New York mayoral frontrunner has an opportunity to shift the left’s increasingly nonsensical position on a critical carbon-free energy source.

Tuesday, November 4, New Yorkers go to the polls to elect their new mayor. They face a three-way choice — Democratic candidate, state assemblyman, and suddenly prominent democratic socialist Zohran Mamdani; Republican candidate and battery foe Curtis Sliwa; and independent candidate and former governor Andrew Cuomo.
While Mamdani’s surprise win in June’s Democratic primary electrified New Yorkers of all political persuasions, this cycle has been a relatively sleepy one for climate issues. Neither of the two frontrunners, Mamdani and Cuomo, has been keen to draw much attention to himself on clean energy.
At a televised debate two weeks ago, however, things got interesting.
“New nuclear power plants can help bring down the rising cost of utilities in New York State, yes or no?” asked moderator Brian Lehrer. “Upstate? They’re already starting, yes,” answered Sliwa, referring to Governor Kathy Hochul’s landmark announcement in June that she was ordering the New York Power Authority, the state’s public power utility, to develop a gigawatt of new nuclear energy-generating capacity upstate. Couched in atomic-powered abundance, the plan distinguishes her from Democrats nationwide primarily because she has the largest state-owned utility at her disposal, whereas other governors, from both parties, merely intimate that private developers should really get started.
To the untrained ear, Mamdani’s answer at the debate was anodyne: “I think it’s something worth exploring.” Prompted by Cuomo about whether that constituted “a yes,” Mamdani confirmed, “yeah,” to which Cuomo evinced surprise and then a “yes” of his own. On the surface, all three candidates agreed.
But in affirming the role of new nuclear plant construction to meet the state’s energy needs, Mamdani put himself at odds with a number of environmental justice nonprofits that have become fixtures of the city’s progressive left — that is, his own political home base.
“We unequivocally oppose any new nuclear facilities in New York State.” So begins a letter signed by 153 environmental justice groups, issued following Hochul’s “Future Energy Economy Summit” last fall, where she first raised the prospect. The signatories include chapters of prominent activist Bill McKibben’s advocacy groups Third Act and 350.org, Bezos Earth Fund awardee WE ACT for Environmental Justice, Food and Water Watch, chapters of the Sierra Club, and solar industry boosters Vote Solar, among many others.
When the governor advanced her nuclear plan this year, environmental organizations responded with anger. NY Renews — a coalition of groups that successfully lobbied for the state’s landmark climate law, the Climate Leadership and Community Protection Act of 2019, which was signed by Governor Cuomo — issued a statement opposing “the expansion or further investment in nuclear energy production.” An op-ed from the New York City Environmental Justice Alliance and New York Lawyers for the Public Interest called Hochul’s proposal a “dangerous distraction” from building renewables. In a separate comment issued alongside these same groups, decades-old Brooklyn Latino community organization UPROSE urged the state to avoid the “expensive and unrealistic” path of nuclear development.
The political appeal of nuclear today is undeniable. Six in ten Americans want more nuclear energy, according to a recent Pew poll. Not only is it the energy source with the smallest divide in enthusiasm between the parties, including both clean and fossil-fueled sources, the most common reason respondents gave Pew for supporting nuclear was its decarbonization potential.
New York’s nuclear energy “provide[s] reliable, continuous, predictable, emissions-free supply and must remain online to maintain electric system reliability,” according to a recent filing from the New York Independent System Operator, which manages the state’s grid. Since it takes up less land and requires fewer transmission lines than purely renewable alternatives, it could mitigate a fiery political tension in New York and elsewhere. And it’s almost universally held up as essential by industrial labor unions, for the clean, firm power it produces, and for the high-paying careers it supports. “Nuclear energy, being the cleanest, zero-emission, and most efficient way to produce energy, should be a no-brainer,” Frank Morales, the president of New York’s Utility Workers Union of America Local 1-2, which represents thousands of ConEd utility workers in the city, told me by email.
And yet despite his statement during the debate, nuclear’s decarbonization bona fides, its strong bipartisan appeal, and its acclaim from labor unions, Mamdani — a democratic socialist champion of public power and the clean energy transition — still hasn’t endorsed the governor’s plan for public nuclear power development.
This tracks an ideological inconsistency within the environmental left that has become less tenable as the need for clean power has grown more urgent. “It’s a belief system that these nonprofit groups have wrapped themselves in, and one that they have not yet been motivated to seriously reexamine,” Charles Komanoff told me. He’s the director of the Carbon Tax Center and a decades-long stalwart of New York City progressive activist groups, spanning environmental and transportation causes, among others.
Komanoff has had to reexamine his own beliefs on nuclear. During the 1970s and ’80s he opposed nuclear power, primarily for its past operational inefficiencies. He spoke before a crowd of thousands at an antinuclear protest in Washington in 1979, after the Three Mile Island incident. The premature closure of New York’s Indian Point nuclear power plant in 2021, however, finally tipped him into public nuclear advocacy. The “true Indian Point disaster,” he wrote in an analysis earlier this year, is that “emissions are mounting, and in New York City and other downstate areas formerly supplied by Indian Point, electricity is getting costlier and less dependable.”
Ben Furnas, the former director of the Mayor’s Office of Climate and Sustainability under Bill de Blasio — himself an iconic New York City progressive — has experienced this inconsistency firsthand. (De Blasio also cut his teeth in the antinuclear movement, telling The New York Times in 2019 that he’d marched against Three Mile Island in his youth.) “A lot of the old guard antinuclear activism sits uncomfortably in a broader, clear-eyed climate coalition,” Furnas told me. Mamdani, however, appears to take a “more expansive view of what a decarbonizing energy system looks like,” he said.
As a member of New York’s State Assembly, Mamdani backed a campaign to cancel the repowering of an ancient, highly-polluting gas peaker plant in Astoria, Queens, squarely in his district, that was slated to retire. He also aligned himself with the effort by Public Power NY, a coalition between the Democratic Socialists of America and environmental groups, to “build public renewables.” Both maneuvers eventually paid off — in 2021 the state denied the repowering project’s permit, and the old power plant later closed down for good; and in 2023 Hochul signed into law a (heavily rewritten) version of the Build Public Renewables Act, turning activist goals into implementable policy for NYPA.
Two years later, NYPA has made remarkable progress building state capacity in renewables. Its development pipeline of wind, solar, and battery projects now amounts to about 7 gigawatts, though most of that is still in very early stages. But Public Power NY has spent that time dismissing the progress from the sidelines, charging Hochul with “refusing to lead on climate.” While it’s true that Hochul is far overdue on implementing parts of the 2019 climate law, a huge political challenge as energy affordability becomes a top concern, Public Power NY has responded by demanding that the governor ramp up NYPA’s renewables development to a staggering 15 gigawatts deployed by 2030. Mamdani spoke at a rally for that demand just a month into his mayoral campaign last November.
Neither energy nor public power, however, has been at the forefront of his campaign, especially in these closing months. Instead, Mamdani’s laudable message discipline has been trained on affordability in New York City: free childcare, free buses, city-owned grocery stores, and temporarily freezing the rents of the city’s nearly 1 million rent-stabilized apartments. He’s even taken a decidedly pro-abundance position on housing in interviews with the Abundance co-author Derek Thompson and on the Odd Lots podcast.
It would be reasonable to ask, Even if Mamdani had aggressively talked up nuclear, what would he be able to do about it as mayor? As it turns out, there are a few routes that a Mayor Mamdani could take to influence nuclear development.
First and foremost, for half a century, the “governmental customers” of New York City have been critical sources of revenue for NYPA. The city government, the Metropolitan Transit Authority, and the New York City Housing Authority, for example, remain NYPA’s largest customers, dating back to when the state acquired Indian Point Unit 3 from ConEd during the 1974 financial crisis. While the MTA is infamously not under the mayor’s purview, at least two of those major customers are — and their power contracts are set to expire at the end of 2027, during the next mayor’s term. That’s both a bargaining chip for the next mayor and a potential avenue for the city government to subsidize, at least in part, the cost of a new, NYPA-developed nuclear plant.
Second, de Blasio already set a precedent for applying the city’s progressive tax base to help shoulder the cost of statewide clean power initiatives. To help solve an imbalance in renewable energy deployment upstate and downstate, the state created the “Tier 4 Renewable” program in 2020, at the urging of the de Blasio administration, to subsidize transmission projects that would deliver renewable energy into New York City. The enormous cost of the program, however, fell on the backs of ratepayers statewide, in proportion to their electricity consumption.
Seeing the unevenness in a program that largely helps the city, the de Blasio administration struck a deal in 2021 with the state’s clean energy procurement agency, the New York State Energy Research and Development Authority, to purchase far more Tier 4 renewable energy certificates than would have otherwise been allocated to the city based on its electricity demands via its utility, NYPA. As a result, the rest of the state’s ratepayers would save, in the city’s calculation, a few billion dollars. It’s not hard to imagine a similar possibility for the next mayor to advance the state’s nuclear policy, especially when it’s being led by NYPA.
Finally, the city’s Local Law 97 — a comprehensive law passed in 2019 requiring large buildings to meet escalating greenhouse gas emission limits or else face fines — presents another opportunity. Mamdani has spoken during the campaign about the need for the city to procure heat pumps for landlords to install in compliance with the law. But landlords also have to decarbonize their utility electricity supply, which they can do by purchasing RECs. With the recent cancellation of one of two projects that would have supplied said RECs, the real estate industry will soon be hungry for more supply.
That’s where nuclear could come into city policy. The city council could amend Local Law 97 so that nuclear energy likewise delivered into the city — from either existing or solely new sources — could be used to comply, as well. That would put landlords in a position of subsidizing a new state nuclear project, just like the Tier 4 program put them in a position to subsidize new state transmission projects. That could be a way for a Mayor Mamdani to throw them a bone amid his attacks on unaffordable housing prices.
The mild nuclear support at the debate was encouraging, Komanoff, the longtime progressive activist, told me. But “it would’ve been huge-er if Mamdani had said something specific and favorable about Governor Hochul’s gigawatt announcement over the summer.” The governor, who in September endorsed Mamdani in the race, is presumably thinking the same thing, having made NYPA — the same public power authority behind the Build Public Renewables campaign that Mamdani championed — the centerpiece of her nuclear plan.
NYPA’s vice president of corporate communication, Lindsay Kryzak, told me by email that the authority has “seen widespread support for this critical technology,” and that it’s looking forward to “ensuring the benefits of advanced nuclear energy reach our customers in all five boroughs.”
Mamdani has been a staunch proponent of public clean energy in the legislature, and he’s apparently open to new nuclear for decarbonizing the state. That he hasn’t yet embraced this public power nuclear plan illustrates the strong gravitational pull of the environmental left coalition that surrounds him, one rooted in antinuclear politics.
Across progressive and democratic socialist media, multiple activists who’ve worked on the public power campaign have revealed their personal and professional ties to nonprofits like the Alliance for a Green Economy, New York Energy Democracy Alliance, and the Sane Energy Project, all of which have firmly rejected Hochul’s nuclear plans.
As for the Public Power NY coalition itself, it wants the state to build public renewables, not public nuclear. In a statement following the governor’s nuclear announcement, it argued that the plan “shows just how unserious she is about New Yorkers’ energy bills and climate future.” According to the organization’s website, 12 of the coalition’s 16 partner organizations, excluding DSA chapters, have publicly opposed new nuclear power since the governor kicked off discussions last year. Public Power NY did not respond to requests to comment on this story.
When the New York Independent System Operator, which manages the state’s grid, warns of the dire reliability-related need for “dispatchable emissions-free resources,” a technical term whose only existing commercial realization is nuclear, one would think building more nuclear power is actually the serious thing to do. That conviction isn’t just coming from the governor’s office; it’s shared by major industrial unions like the International Brotherhood of Electrical Workers, the UWUA, the Laborers’ International Union of North America, the state Building Trades Council, and the state AFL-CIO, as I reported this summer for Jacobin.
What does labor think of Mamdani’s recently expressed openness to nuclear? Vinny Albanese, executive director of the New York State Laborers’ Political Action Fund, says over email that his union, LIUNA, is “encouraged to see Assemblymember Zohran Mamdani express openness to nuclear energy, which currently provides half of New York’s carbon-free electricity.”
“With potential energy shortfalls projected to affect New York City as early as next year,” he wrote, “we must act decisively to bring more reliable, clean generation online.” The Laborers, like many unions, endorsed Cuomo in the primary, but haven’t endorsed anyone in the general election.
Morales, the UWUA Local 1-2 president, told me over email that Mamdani’s remark in favor of nuclear energy is “definitely a step in the right direction.” And yet Local 1-2 nonetheless endorsed Cuomo. That’s despite the fact that as governor, Cuomo was directly responsible for shutting down Indian Point, destroying hundreds of Local 1-2 members’ jobs.
Without the antinuclear baggage of his coalition, Mamdani could have pounced on Cuomo for having closed the plant — as Sliwa did at the debate and throughout his own campaign — in order to show solidarity with the union workers and to demonstrate a more responsible energy policy for New York City. In doing so he could have pinned the blame on his opponent for rising power prices and worsening air quality in his own district.
A 2023 public letter on South Bronx air pollution from various city environmental groups admits only obliquely, in the title of one of its charts, that Indian Point’s shutdown “expos[es] area residents to even more pollution.” Assemblyman Mamdani, like several other local elected officials, signed the letter, seemingly his only public engagement with Indian Point’s closure. But some of the nonprofit signatories actually championed the end of the plant, a situation that rules out a more explicitly recognized tradeoff between nuclear energy and air pollution.
If Mamdani wins the mayoral election, as polls indicate he is likely to do, he will take on the tremendous responsibility of governing a major world city. That city is one whose power grid is facing reliability concerns alongside costly maintenance and infrastructure needs, all on top of a popular push to electrify buildings and reduce air pollution. As mayor, he’d have limited levers to address these problems. But with the backing of the governor and the public power authority, he stands a chance. He should embrace Hochul’s public nuclear power plan, and with it nuclear’s potential to help advance New York City’s climate goals.
If he can buck the trend of the environmental left’s hostility to nuclear, he could demonstrate to New York City — and to democratic socialist supporters nationwide, who already view him as a likely successor to (notoriously antinuclear) Vermont Senator Bernie Sanders — that the left can think rationally about the energy system, its affordability, and the wide scope of the climate problem. That would truly be charting a new path.
Editor’s note: This author’s bio has been updated to clarify that he writes under a pen name.
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Current conditions: With colder air spilling southward from Canada, snow is expected in New England and Upstate New York • Winds of up to 50 miles per hour are blasting the West Coast • Temperatures of nearly 108 degrees Fahrenheit are roasting Senegal.

It’s Election Day. Not every race has significant implications for climate change, but at least a few do. As Heatmap’s Emily Pontecorvo wrote, those races include:
One other race I’ll add, since it’s one of the most closely-watched elections in the nation, is the one for New York City mayor. While frontrunner Zohran Mamdani has so far said little about energy besides opposing a controversial gas pipeline into the five boroughs, the left-wing Democratic nominee said he would support construction of new nuclear power plants upstate at the last debate. City Hall has limited say over state energy policy, but the mayor does control the contracts the city government writes with the state-owned utility, the New York Power Authority, which is currently working on building a new nuclear plant. If his remarks at the final debate are any indication, Mamdani may endorse contracts to buy power from nuclear power plants as well as the wind and solar he vocally supported as a state lawmaker. “If he can buck the trend of the environmental left’s hostility to nuclear, he could demonstrate to New York City — and to democratic socialist supporters nationwide, who already view him as a likely successor to (notoriously antinuclear) Vermont Senator Bernie Sanders — that the left can think rationally about the energy system, its affordability, and the wide scope of the climate problem,” the writer Fred Stafford wrote in an op-ed for Heatmap this morning. “That would truly be charting a new path.”
On stage at the Abu Dhabi International Petroleum Exhibition and Conference yesterday, Secretary of the Interior Doug Burgum announced the United States’ support for a critical minerals “club” of countries that will trade the metals needed for energy and weapons without relying on China. “In the last few weeks, the United States has announced a framework for creating a club of nations to be able to trade … [and for] refining and processing critical minerals,” Burgum said at the Adipec conference, according to E&E News.
As Heatmap’s Katie Brigham put it recently, “everybody wants to invest in critical minerals startups,” including the Trump administration. The U.S. military’s Office of Strategic Capital put up a $620 million loan for Vulcan Elements’ efforts to build a factory to produce 10,000 metric tons of rare earth magnets, according to The Wall Street Journal. The Department of Commerce is chipping in another $50 million, while private investors contribute $550 million to a deal that involves ReElement Technologies, a startup that purifies and recycles rare earth metals. Meanwhile, the Export-Import Bank of the U.S. signed onto a letter of interest promising to provide as much as $191 million in financing to Locksley Resources’ rare earths project in California’s Mojave desert.
Bloomberg Businessweek has a sweeping new dispatch from the rainforests of Guinea, where China recently completed a railroad that allows mining companies mostly controlled by Beijing to tap one of the world’s largest and richest iron ore deposits. At $23 billion, the project is Africa’s biggest ever mining project and could make the tiny West African nation the continent’s No. 2 mineral exporter. “Never before has China held this level of pricing power over the seaborne iron ore trade,” Tom Price, head of commodities strategy at Panmure Liberum, told the magazine. “Expect it to start calling the shots here.”
The U.S. has largely struggled to get a leg up on China in critical minerals. As I wrote here last month, the world’s leading commodities traders have urged Western governments to focus on refining metals, not just mining them. In September, I broke news in Heatmap about an Ohio startup called Xerion extending its novel approach to processing mineral ore from cobalt to gallium.
Utility giant Southern Company has signed deals for at least 7 gigawatts of data centers and other large power users, but has a pipeline of more than 50 gigawatts in the works, the company said in its third-quarter earnings last week. The company, which controls some of the largest utilities in the Southeast, is requiring “strong customer protections and credit provisions” to protect against rate increases to serve the new loads, Chief Financial Officer David Poroch said on the call, according to Utility Dive. “Our pipeline of large load data centers and manufacturers continues to be robust across our electric subsidiaries. The total pipeline remains more than 50 gigawatts of potential incremental load by mid 2030s.”
Poroch’s price caveats track with a trend Matthew Zeitlin wrote about recently, of utilities bending over backward to convince even their investors that ratepayers won’t be on the hook for the cost of serving the artificial intelligence buildout. With opposition to data centers high and rising, they’re trying to avoid a popular backlash.
Nineteen Democrats in the New York State Assembly want Governor Kathy Hochul to reject a mandate for electrifying new buildings. The signatories to a letter calling on the governor to halt plans to ban gas hookups in new construction include lawmakers from New York City, Long Island, and upstate, along with Assembly Majority Leader Crystal Peoples-Stokes. The letter was sent to the governor Monday, but Hochul already said she’d consider the request, Politico reported.
Another key test Mamdani's likely election will set up is how highly he prioritizes opposition to the Northeast Supply Enhancement pipeline designed to carry gas from Pennsylvania's fracking fields to stoves and furnaces in the outer boroughs. Hochul supports the project, which backers say will bring down the cost of a fuel that -- even in the most ambitious decarbonization scenarios -- New York will continue to need for many years. After running a campaign laser-focused on affordability, his approach to the project may reveal how important opposing fossil fuel infrastructure remains for the left wing of the Democratic Party.
It’s not your typical kind of media deal. The Cool Down, a climate and sustainability website known for its explainers about sustainable lifestyles and how-to guides, sold itself to the clean-energy company Palmetto. The North Carolina-based company, which leases solar panels, batteries, heat pumps, and other electrified technologies to consumers, has been expanding in recent months, as Heatmap’s Robinson Meyer wrote in a scoop on the acquisition yesterday. “By bringing our companies together, we’re pairing trusted consumer education with real, accessible energy solutions. Together we intend to empower households to take control of their energy future and benefit from the transition that’s already underway,” Chris Kemper, the founder and CEO of Palmetto, said in a statement.
The North Carolina-based clean energy company has been on an expansion tear, even as the Trump administration has axed support for renewables.
The clean energy company Palmetto is buying The Cool Down, a climate and sustainability news site known for its lifestyle focus and how-to guides.
The North Carolina-based Palmetto, which leases solar panels, batteries, heat pumps, and other electrified technology to consumers, has been expanding fast in recent months. The acquisition marks the company’s first foray into the media business.
“By bringing our companies together, we’re pairing trusted consumer education with real, accessible energy solutions. Together we intend to empower households to take control of their energy future and benefit from the transition that’s already underway,” Chris Kemper, the founder and CEO of Palmetto, said in a statement.
Neither side disclosed a purchase price. But Dave Finocchio, the company’s cofounder and CEO, told me that he considered the deal “a successful outcome for us.” Finocchio was a cofounder and CEO of Bleacher Report, the popular sports news site now owned by Warner Bros. Discovery.
The Cool Down launched in 2021 and raised a $5.7 million seed round the following summer led by Upfront Ventures. Bill Simmons, the prominent podcaster and founder of the sports and culture website The Ringer, was an angel investor.
Although many news sites cover sustainability issues (including, full disclosure, this one), The Cool Down aimed to set itself apart by bringing in a larger and more mainstream audience and building an online marketplace with product recommendations where consumers could buy heat pumps, induction stoves, and smaller eco-friendly products like deodorant.
The site has averaged 35 million to 40 million users a month in recent months, Finocchio told me. Over time, the site has found that consumers are particularly interested in “saving money long-term by doing upgrades,” such as by buying rooftop solar panels or a new heating and cooling system, Finocchio said.
Those big appliances drive an outsize share of a household’s energy use — and its carbon footprint, he said. But they can’t be shopped for like a normal consumer product, and they can’t easily be sold through the kind of marketplace that The Cool Down once envisioned.
“It’s great if someone wants to switch from paper towels to Swedish dish cloths — I don’t want to put down anyone’s positive steps,” Finocchio said. But “there are more steps to installing an HVAC or putting a heat pump in your home … than simply buying a product over Amazon that just arrives at your house,” he said.
As a part of Palmetto, The Cool Down hopes to be able to provide consumers with more support to make that kind of switch, Finocchio said. The news site already refers readers to Palmetto’s solar leasing program, describing it as a way consumers can “get solar panels without buying them.”
“We’ve had a partnership in place for over a year, and Chris’s vision for essentially disrupting how homeowners think about energy and residential — and making it more accessible for the average person who is able to make a financial commitment to lease solar or lease HVAC — lined up really well with our mission to help make these bigger clean lifestyle decisions,” Finocchio said.
The Cool Down will maintain its editorial independence after the sale, he added, although Palmetto will have access to its data on sustainability trends.
The Cool Down’s cofounders included Finocchio; Ryan Alberti, a Bleacher Report alum and U.S. Army veteran; and Anna Robertson, a former executive at ABC and Yahoo News.
The acquisition adds to a team that has expanded aggressively despite a chilling policy environment created by the Trump administration. Social Capital — a venture capital firm led by Chamath Palihapitiya, the host of the All In podcast and a major Trump fundraiser — made its single largest investment ever in Palmetto, and Palihapitiya sits on its board of directors. (He has endorsed the company to his roughly 1.9 million X followers, casting it as a way consumers can avoid the AI boom’s higher power prices.)
Palmetto also recently hired Neil Chatterjee, who led the Federal Energy Regulatory Commission during Trump’s first term, as its head of government affairs.
The company raised $1.2 billion last year. Will it use that cash to build up its journalistic presence? Jessica Appelgren, the company’s vice president of communications, told me that the company had no interest in entering the media business.
Editor’s note: This story has been updated to include co-founder Ryan Alberti.
On ‘modernizing’ coal, 2.8 degrees of warming, and Spain’s nuclear phaseout
Current conditions: Hurricane Melissa passed by Bermuda on its way northward, leaving at least 30 dead in its wake across the Caribbean • Tropical Storm Kalmaegi is strengthening as it approaches the eastern shore of the Philippines • Colombia and Venezuela are bracing for flooding from heavy rainfall up to 2 inches above average.
The Environmental Protection Agency has quietly walked back its plans to eliminate Energy Star, the popular program that costs just $32 million in annual budget but saves Americans more than $40 billion each year. In May, EPA Administrator Lee Zeldin announced that his agency would end the program. The proposal drew swift backlash from industry groups and Republicans in Congress, as I wrote in a July newsletter. Now Zeldin is reconsidering the move, four unnamed sources with direct knowledge of the agency’s plans told The New York Times. Federal records show the agency renewed four contracts with ICF, the consulting firm that helps oversee the program, including one deal that stretches through September 2030.
Calling the initial plan to eliminate Energy Star “vexing,” RE Tech Advisors’ Deb Cloutier, one of Energy Star’s original architects, told Heatmap’s Jeva Lange, “There are a lot of lobbying efforts that I’m personally aware of within the commercial real estate industry and the manufacturing industry, where folks are reaching out and doing calls to action for the House and Senate Appropriations majority members — similar activities to what we did eight years ago when Energy Star was directly under fire.” She added, “I know that there are many, many representatives, both Republican and Democrats, who support Energy Star. We’ve had 35 years of bipartisan support, and it has been earmarked in congressional law many times, through multiple George H.W. and George W. Bush administrations.”
The world is on track to warm by an average of 2.8 degrees Celsius by the end of the century, the Rhodium Group predicted in its latest forecast. The consultancy said its modeling showed a 67% likelihood that global temperatures will rise between 2.3 degrees and 3.4 degrees thanks to the current trajectory of planet-heating pollution. That’s a significant improvement on the dire predictions issued a decade ago. But if decarbonization doesn’t pick up pace, the probability of limiting warming to 2 degrees — the more modest target set in the Paris Agreement — is below 5%. Still, the findings don’t deviate much from Rhodium’s projections before Trump returned to office. As Heatmap’s Emily Pontecorvo wrote this morning, “in the long run, Trump might not mean much for the climate’s trajectory.”
Nevertheless, the overshoot beyond 2 degrees is partly why Bill Gates took a more moderate stance on climate change in his latest memo, as Heatmap’s Robinson Meyer wrote last week. It’s also why, as Rob explained in a big story, private companies promising to commercialize technology to geoengineer the world’s temperature are raising large sums of money.
The Department of Energy is stepping up its efforts to keep aging coal plants online. The agency on Friday announced plans to offer up to $100 million to owners of coal-fired power stations that plan to modernize the stations with upgrades that “improve efficiency, plant lifetimes, and performance of coal and natural gas use.” In a press release, Secretary of Energy Chris Wright praised President Donald Trump for having “ended the war on American coal” and “restoring common sense energy policies that put Americans first.”
Despite Trump’s promises to revive American coal production and use, exports fell 11% in the first half of this year due to China buying less of the fuel amid ongoing trade negotiations, according to an analysis published Friday by the Energy Information Administration.

In the latest sign that Wall Street is heeding Trump’s calls to veer away from investment initiatives that cut out fossil fuels, lending giant State Street’s asset management arm withdrew its U.S. operations from what was once a leading climate action group for the industry. The company said “it had decided that only its units serving UK and European clients would remain part of the Net Zero Asset Managers” group, the Financial Times reported. BlackRock, Vanguard, and JP Morgan Asset Management had already left the group known as NZAM in the U.S. JP Morgan and State Street had already also quit another green investor group, Climate Action 100+, last year.
Months after Taiwan shut down its final reactors earlier this year, a plurality of voters approved a referendum calling for the last atomic plant to be turned back on. Years after Germany completely exited nuclear power, the new government has reversed Berlin’s position and has now joined France in supporting atomic energy again as it considers ways to restore its fleet. Switzerland and Belgium, meanwhile, reversed plans to shut down nuclear plants, and Italy — the first country in the world to end its nuclear power production years ago — is working on reviving its industry. That leaves only Spain still stubbornly planning to close its nuclear plants starting in 2027.
The tides may be turning. In February, a majority of lawmakers in Spain’s parliament approved a resolution condemning Socialist Prime Minister Pedro Sanchez’s phaseout plans. Now the board of Spain’s Centrales Nucleares Almaraz-Trillo has officially requested a three-year extension on the operating license for units one and two of the Almaraz Nuclear Power Plant. If granted, the extension would allow the reactors to stay online through 2030. The station currently supplies 7% of Spain’s electricity.
Fusion energy, the joke goes, is the energy source of tomorrow — and always will be. But recent laboratory breakthroughs have unleashed billions of dollars in private financing to commercialize fusion energy for real, with companies promising to open power plants in the next decade. There’s a big bottleneck, however: Many of the materials needed for fusion reactors are scarcely produced right now. New bipartisan legislation aims to change that by extending the 45X tax credit for clean manufacturing — one of the few parts of the Inflation Reduction Act retained in Trump’s One Big Beautiful Bill Act — to producers of vanadium, deuterium, helium-3, and other materials needed for fusion power to take off.