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Politics

South Korea Is Grappling With Devastating Wildfires
Climate

AM Briefing: South Korea’s Deadly Fires

On deadly blazes, China’s carbon market, and the goal of tripling renewables

Politics

The Most At-Risk Projects of the Energy Transition

These are the 10 most important clean energy transition projects struggling to get off the ground

Yellow
Sparks

Trump Is Still Holding Up FEMA Funds, Despite Court Order

States filed yet another motion on Monday asking the court to release urgently needed disaster relief.

Yellow
Spotlight

The Solar Permitting Pause Is Over, BLM Says

Developers have yet to see the approvals start flowing, however.

Blue
BYD Deals Another Blow to Tesla

AM Briefing: BYD Leapfrogs Tesla

On EV sales, a clean energy lobbying blitz, and fusion

Yellow
Politics

A Clean Energy Lobbying Blitz Is About to Descend on Washington

The fight to preserve the Inflation Reduction Act’s tax credits begins in earnest this week.

Washington, DC.
<p>Heatmap Illustration/Getty Images</p>

More than 100 clean energy companies, trade associations, and other industry stakeholders are descending on Capitol Hill this week to amplify an ongoing lobbying push to preserve clean energy tax credits in the upcoming budget reconciliation bill. Groups such as Clean Energy for America, the Solar Energy Industries Association, and the Carbon Capture Coalition will be making their case alongside battery storage companies like Enphase, investors from CleanCapital, utility-scale wind and solar developers, small residential solar installers, and customers that have benefited, including school superintendents.

Their mission? Convince Republicans on the House Ways and Means committee that the clean energy tax credits in the Inflation Reduction Act are key to executing President Trump’s energy agenda.

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Climate

AM Briefing: Global Energy Demand on the Rise

On the IEA’s latest report, wildfires in North Carolina, and EV adoption

Extreme Heat Boosted Energy Demand in 2024
<p>Heatmap Illustration/Getty Images</p>

Current conditions: A wildfire in New Jersey’s Wharton State Forest has burned 2,300 acres • An ancient Roman bridge collapsed in central Spain after extreme rainfall from four consecutive storms • Los Angeles could see record-breaking March heat today with temperatures nearing 90 degrees Fahrenheit.

THE TOP FIVE

1. The IRA has a math problem

The ballooning price tag of President Trump’s tax cut wishlist and preliminary budget negotiations on the Hill are pointing toward a budgetary showdown in which many of the Inflation Reduction Act’s benefits could become fiscal casualties. D.C. veterans, including former GOP Hill staff, tell Heatmap that even the most bipartisan parts of the IRA could be sacrificed in the budget reconciliation process in order to make room for Trump’s biggest legislative priorities, including extending the 2017 Tax Cuts and Jobs Act, eliminating taxes on tips, overtime pay, and Social Security, and removing the cap on the state and local tax liability deductions.

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