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Let’s talk more about Denali ... that is, Mt. McKinley.

President Donald Trump signed 46 presidential actions during his first 12 hours in office, including overturning 78 of former President Joe Biden’s executive orders. Between Trump’s moves with major ramifications (like ending all wind permits) and those that seem to represent more personal grievances (like free-flowing showerheads), there has been much confusion over what they all mean.
Some would argue that is the entire point: “The more bizarreness Trump generates,” the journalist Edward Luce wrote last year for The Financial Times, “the less people notice.” Steve Bannon, Trump’s chief strategist during his rise to power in 2015 and 2016, memorably described this as a deliberate technique of “flood[ing] the zone with shit.”
Whatever way you frame it, though, where there’s Trump, there’s noises, which means news can fall through the cracks. Here’s our list of what you might have missed during Trump’s first hours as president and what might happen next.
In one of his first actions in office, Trump repealed almost seven-dozen Biden-era executive orders, including Executive Order 13985, “Advancing Racial Equity and Support for Underserved Communities Through the Federal Government.”
Signed on Biden’s Inauguration Day, the policy called for the government to take a “comprehensive approach to advancing equity for all, including people of color and others who have been historically underserved, marginalized, and adversely affected by persistent poverty and inequality.” That meant that the Environmental Protection Agency considered things like race and socioeconomic status — given the historic burdens put on frontline communities — during its permitting processes. Trump also signed a new executive order, “Ending Illegal Discrimination and Restoring Merit-Based Opportunity,” which limits government agencies from considering the impacts on disadvantaged communities. The administration has reportedly gone as far as to warn government employees that they could face consequences for failing to report on colleagues whose diversity and inclusion efforts might slip past its notice.
As Dan Farber writes for Legal Planet, however, to carry out this anti-diversity, equity, and inclusion executive order, “agencies will have to eliminate their own environmental justice regulations. At that point, the door will be open to judicial review. I think agencies will have a hard time justifying the repeals.”
Trump further overturned Executive Order 14008, “Tackling the Climate Crisis at Home and Abroad,” another first-week Biden policy. In addition to declaring climate change a national security risk, the order also created the Justice40 initiative, directing 40% of federal climate spending to disadvantaged communities.
Jillian Blanchard, the Climate Change and Environmental Justice Program director at Lawyers for Good Government, told me this was also legally dubious. “There’s already existing infrastructure and policies in place that can’t be undone by an executive order,” she said — for example, grants for ongoing efforts to install EV chargers in disadvantaged communities, or clean-up projects in coal mining communities in Appalachia. “I think it’s important to take a minute and say, okay, what does this mean in practice?”
Blanchard added that, in particular, Trump’s moves on environmental justice “make me question what this administration plans to do with Title VI of the Civil Rights Act,” which prohibits race-based discrimination in programs that receive federal funding. “There’s really important questions here that are being raised that everyone should be paying attention to.”
Trump also repealed Executive Order 14030, “Climate-Related Financial Risk,” signed by Biden in May 2021. The executive order called for government-wide assessment and disclosure of climate-related financial risks to U.S. programs, and ordered the Secretary of Labor to submit a report on actions to protect U.S. workers’ savings and pensions from those same threats. Executive Order 14030 also established the Federal Flood Risk Management Standard, which called for government agencies to be more conservative when siting projects that could face sea-level rise or flood threats.
In addition to government agencies no longer being required to consider how extreme weather and climate risks might threaten their operations, Trump’s executive order “Ending Illegal Discrimination and Restoring Merit-Based Opportunity” also takes aim at diversity, equity, and inclusion hiring practices, or the “social” aspect of ESG.
Though you’ve probably already heard about Trump’s attempt to spangle the Gulf of Mexico with a new name, the “ Restoring Names That Honor American Greatness” executive order also calls for reverting the name of North America’s highest peak, Denali, back to Mt. McKinley.
The political effort to change the mountain’s name to Denali, backed by the state’s Republican politicians, dates back to the 1970s. (It took until 2015 for the name to be changed to the Alaskan Athabaskan word meaning “the high one” because of the Ohio delegation’s insistence on honoring its native president.) Trump’s decision to restore the mountain’s colonial name is a pointed brush-off of Alaskan Natives and represents a troubling precedent by his administration of undermining promises made to Indigenous partners by the federal government.
Tribal partners have historically assisted the U.S. government on issues of land use, resource management, and climate resiliency, and can prove formidable opponents to projects that lack their support. By disregarding Alaskan Natives’ support of the name Denali, Trump risks alienating the greater Indigenous community and starting off on a contentious footing with one of the government’s most valuable allies.
When the Los Angeles County fires began earlier this month, Trump launched a renewed crusade against the “essentially worthless” Delta smelt, a nearly extinct two-inch-long fish. Per the then-president-elect, California’s Democratic Governor Gavin Newsom had supposedly refused to sign a “water restoration declaration” that would have “allowed millions of gallons of water … from the North to flow daily into many parts of California,” where it allegedly could have helped to fight the devastating fires.
Only, there was no “water restoration declaration.” The vast majority of Los Angeles’ water doesn’t come from northern California, and the smelt have nothing to do with the water shortages some fire crews faced. That didn’t prevent Trump from issuing a memorandum to “stop radical environmentalism” and put “people over fish.” Still, it is so vague that it appears to be more of a nod to the Trump-supporting farmers in California’s Central Valley, who occasionally face water restrictions during droughts to protect the smelt.
“It’s all political posturing — it’s all an attempt to shock and awe,” Blanchard told me of the executive orders taken in sum. She added that “it’s going to be really important for people to take a deep breath and recognize that many of these things are not legal and challenges will be put in place.”
“Don’t become too distracted by fear and uncertainty,” she went on, “because that is one of their main goals.”
With plenty more to come.
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This week’s conversation is with Peter Gardett, CEO of the AI-powered energy market research firm Noreva. Before helming the price and deal research consultancy, Gardett built a strong repertoire as an energy expert spearheading analysis at S&P Global, IHS Markit, and Argus Media. I reached out to Gardett because I wanted a candid conversation about the fuel choices data center companies are making under the Trump administration and, to my delight, Gardett was open to sitting in my hot seat.
Let’s get into it then. The following conversation was lightly edited for clarity.
How is the Trump 2.0 era affecting the choices data center developers are making when it comes to powering with gas versus alternative sources like renewable energy or nuclear power?
Well I think the question you’re asking is about natural gas, and what I tell people is every private equity firm has a behind-the-meter 1 gigawatt natural gas project they’d like to move forward. They’re familiar with the economics. They like the regulatory fortune for that fuel right now. They look at the futures curve and think the prices will be stable for this fuel in the future, I would argue discounting some of the likely volatility drivers that exist.
There’s clearly a rush to island yourself with your natural gas supply and let the rest of the world do what it might, if you’re a large hyperscaler.
If you look at the Meta facility in Louisiana – Hyperion – that’s a good example, or the X facility Colossus. The first mega data centers become the blueprints everyone would like to follow.
You brought up the regulatory appetite for gas infrastructure. How much of this rush to build gas from the industry side is due to federal policy changes?
Quite a bit. There have been major changes to implementation of the Clean Water Act that provably have been part of what’s enabled large construction of data centers and the accompanying power. It’s the same kind of shifts in oversight, when it comes to the Clean Water Act. We saw a proposal from the EPA to allow states to implement some parts of the Clean Air Act, which would certainly make it easier for them to build large gas generation that accompanies a large load.
It’s part of an entire emerging trend I theorize as “the great data center migration.” You have everyone moving down to the AI band, to West Texas to Georgia – that strip of states is where large data centers are moving and where the power will follow.
With respect to the renewable side of things, the nuclear side, alternative fuel choices than gas – are they benefiting from this buildout?
Yeah, I mean, we’re in a strange moment for renewables.
There’s been a rush to get things online before the July 4 tax cliff. If you look at additions to the grid, solar and batteries have benefited from this condensing of the pipeline and moving forward of the pipeline to avoid the cliff. We’ve seen a lot of buildouts and a lot of those electrons have gone to data centers. I’m doing a PPA project for a client right now that shows PPA prices having tripled in some regions, and that’s for renewables – solar and wind. You see plenty of demand. If you can get your hands on an electron you’re going to pay for it and go ahead. You don’t mind what kind of electron it is.
That being said, there’s a requirement for a capacity factor to create reliability. Where you’re looking to do behind-the-meter stuff and you feel you’ll be unable to interconnect, or you want to build your own power supply… that does have a unique match to natural gas. All you’re going to need is pipe and available fueling capacity. If you can find the fuel and if you can place yourself over a gas system that’s underutilized, a lot of your other concerns go away. You have access to a power source with a very high capacity factor, is reliable, and matches to your load. The equivalent of solar would require a vast amount of land, changing the economics of a project.
Before the start of this federal regime in the U.S., the trendline was investment going towards green capital – zero-emission generation. Obviously things have changed. From your vantage point in the market, when it comes to where investors are putting their money, has it gone from green power to data centers specifically? Is this boom a redirection, taking their money and putting it into something else?
This is not a trade-off moment. It’s an expansion moment.
We’ve seen a Venn diagram between digital infrastructure and power infrastructure. They move directly over each other, overlapping in capital markets. This is understandable; it’s the one thing you can’t do without if you have a data center. If you want chips, you also need power. And I think people underestimate how much one gigawatt of power is.
There’s a rush to build anything. It’s about more than anything else. I do think the second half of 2026 will be an interesting test of a thesis that a lot of renewables people have been talking about, which is that the low cost of energy – the LCOE factors – is still favorable and even without tax credit support there will be a lot of further additions. We’ve seen models, and we’ve done models, that have renewables as kind of an air pocket because it’s so cheap and the fuel cost. But on the other hand you can make the argument there’ll be a bigger problem.
When it comes to the investor space, how seriously do folks take opposition to data centers as a medium and long term risk – not just the next few weeks but the coming elections?
Very seriously. What you see in PJM with demand destruction is being taken very seriously by a number of the large institutional asset managers, some of the large institutional asset managers. These are people who are my biggest clients. I’m under some confidentiality when it comes to talking about them but nonetheless I can tell you that there are several large projects in PJM that are announced and appear on paper to be fully financed that are actually in cold storage until there is a better understanding of what is going to happen with large load, in PJM and Pennsylvania in particular.
There are large energy projects that are waiting around to see if the demand is going to materialize?
Exactly.
It doesn’t sound like an easy place to be if you’re developing these assets, no?
No.
If you’ve done the work and seen the models, it's very difficult to get this capital running in one direction and have an ISO operator say it's too expensive or puts too much on ratepayers. What you’ve seen folks try to do is create a secondary market, a parallel market, in which price discovery for that kind of power – large load – where it won’t filter through to ratepayers. But that’s much more difficult to pull off. The complexity of operating a grid in that way.
This is why more people are turning to behind the meter and to gas.
Current conditions: The unusual humidity thickening the Los Angeles air this week is the result of a warmer Pacific Ocean, a sign of climate change • Temperatures are topping triple digits Fahrenheit in the Spanish capital of Madrid • Severe storms are pummeling the central United States from the Plains to Appalachia.
The latest heat wave roasting Europe is warming up rivers and drying the watercourses on which the continent’s energy systems rely. In Eastern Europe, the mighty Danube has hit record lows, beaching boats in Croatia, squeezing out a quarter of Serbia’s fuel shipments, and forcing Hungary’s only nuclear power station to shut down as cooling water disappeared. The cost of navigating the barges that ship petroleum products, chemicals, coal, and steel down the Rhine river skyrocketed 400% in the last two months as water levels plummeted, as Bloomberg columnist Javier Blas pointed out. Economists warned the German broadcaster DW this week that the Rhine’s low levels could slash as much as 0.2% off Germany’s entire economic output in the third quarter of this year. It’s a stark reminder of what Heatmap contributor Hazel Southwell wrote back in 2023: Economies aren’t ready for rivers to dry up.
The wildfires blazing across the continent aren’t isolated to the mainland. A fire raging in eastern England forced dozens of evacuations and put the Sizewell B nuclear plant, which just won approval to extend its license this month, on emergency alert.
As quickly as public opinion over data centers is plummeting, local ordinances barring or limiting construction of new facilities are proliferating. More than 530 such statutes are now in place all over the country, and the vast majority were enacted this year, according to an extensive review of public records conducted by Heatmap Pro that my colleague Robinson Meyer wrote up. These restrictions are driving a wave of project cancellations.
Meanwhile, Anthropic is in what The Wall Street Journal described as “advanced talks” with banks to borrow $15 billion to build a sweeping new data center and power-generating complex. The deal would be backed by a consortium of banks led by Morgan Stanley and would back the project in Hubbard, Texas, which would include a 1.6-gigawatt natural gas power plant. To raise the debt, Google has provided guarantees for billions of dollars of the Claude maker’s lease and obligations to pay for electricity.
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The Federal Communications Commission’s ban on imported inverters, the devices that help patch solar panels into data centers and onto the grid, will have little effect on the buildout of panels in the U.S., according to the latest assessment from the consultancy BloombergNEF. “Previously approved inverter models can still be imported and sold, so most planned projects are expected to proceed without supply shortages,” the consultancy told me in an emailed memo. U.S. factories cannot meet demand on their own, matching only 18% of the American market in 2025. “The biggest risk is delayed access to newer technology,” the memo read. “New inverter models will require conditional approval from the government, but approval processes remain unclear.”
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The U.S. needs antimony to make ammunition, semiconductors, and batteries. But the country stopped mining the lustrous gray metalloid back in 1983. Since then, China has dominated the global market, with Russia trailing in second place and Tajikistan in a steady third, according to the latest U.S. Geological Survey data. Now America is getting back into the antimony game. On Thursday, the U.S. unveiled a new modular mineral processing plant designed to establish a new end-to-end domestic supply chain for antimony, Mining.com reported. The project is supported by the mining company Perpetua Resources, the U.S. Army, and the Idaho National Laboratory. Backed by billionaire hedge fund manager John Paulson, Perpetua was designated last year by the Trump administration for a fast-track permitting program. In May, the federal Export-Import Bank gave the project a $2.9 billion loan.
It’s a good time for energy startups. Fresh off Commonwealth Fusion Systems’ $1 billion round yesterday, Antora Energy, the thermal battery startup that converts electricity into heat with large carbon blocks, just netted $550 million in a Series C. Meant to help the company ramp up production, the funding round comes after the company launched one of the largest battery storage projects in the world, a 5-gigawatt-hour system in South Dakota that was built in less than a year. “From factories to data centers, energy is the bottleneck to industrial growth,” Andrew Ponec, Antora’s co-founder and chief executive, said in a statement. “Antora has shown we can help break that bottleneck — delivering energy fast, at massive scale, with American innovation. With this funding round, we’re continuing to strengthen our investment in U.S. manufacturing, delivering affordable energy across the country and around the world.”
Mexico is getting ready to do something about the algae. This week, Mexican President Claudia Sheinbaum said her government will create a comprehensive plan to free the country from a vast bloom of sargassum. While not dangerous to humans, the seaweed can rot on shore and emit foul odors.
The overwhelming majority of the ordinances were enacted this year, a Heatmap Pro review shows. They’re helping to drive an unprecedented surge of data center cancellations.
America’s data center backlash is gaining steam.
Anti-data-center protesters briefly interrupted President Trump’s speech at a General Motors facility in Michigan earlier this week. A day later, the country music legend Willie Nelson called on Americans to “fight against data centers invading our land.”
Washington has yet to pass major data center regulation. But the backlash is already reshaping local zoning and land use codes across the country, according to an extensive review of public records conducted by Heatmap Pro. A surge of new restrictions and bans have killed dozens of proposed data centers this year.
More than 500 counties or municipalities now actively restrict or block new data centers, according to the review. This tally includes only the most severe constraints — such as steep setback requirements, impossible noise limits, or outright bans on permit approvals — that all but forbid the construction of a data center.
The overwhelming majority of these restrictions have been enacted since the beginning of the year. Nearly 190 have been passed since June 1.
The pace of moratoriums is “accelerating,” Peter Freed, a founding partner at the Near Horizon Group and the former director of energy strategy at Meta, told me.
Broadly, these new local restrictions seem to be succeeding. More than 50 data centers have been canceled so far this year after facing local pushback of some kind, according to a Heatmap Pro review of press accounts, public records, and project cancellations.
That’s more than twice as many projects as were canceled under similar circumstances in all of 2025, according to our data. Eight projects were canceled in July alone.
Ominously for developers, the rate of projects facing cancellations seems to be increasing over time.
More than 200 pending data center projects are now being fought at the local level nationwide. This could mean that a project faces lawsuits, physical protests, contentious public hearings, or an ad campaign.
About 430 data center projects have been contested over the past five years, including the roughly 200 that are currently being fought, the data shows. Roughly 40% of data center projects that faced some kind of local challenge over that period were eventually canceled, according to Heatmap Pro data.
But that figure has gone up in recent months. Today, a data center project that’s challenged by local activists has about a 50% chance of being canceled. A contested data center now has roughly the same odds as a contested solar or wind farm of getting canceled, Heatmap Pro data suggests.

Data center proposals of every size have faced major delays and cancellations this year. Earlier this month, a sprawling campus that would have built 37 data center buildings near Manassas National Battlefield Park in Virginia was canceled after sustained local protest.
Even the economy’s largest companies have abruptly withdrawn major projects following opposition. Amazon, Microsoft, and Google each canceled large-scale proposals after sustained pushback in Arizona, Wisconsin, and Indiana in the past year. Susan Li, the chief financial officer at Meta, described the infrastructure building environment as “dynamic and uncertain” on a quarterly earnings call this week.
Some analysts have cautioned that the worsening development environment — and snarled supply chains — could imperil the overall artificial intelligence boom. Earlier this year, a JPMorgan report warned that 60% of data center capacity slated to open in 2027 had yet to start construction as of early June.
“Even the major developers are having trouble with projects, but you always have trouble with projects,” Freed said. The question is whether developers have enough proposals in their pipeline to keep up with surging demand, he said.
“I think the answer is mostly still yes. But it’s getting harder to find,” he added. “The impact is increasingly that developers are stopping efforts in those communities [that pass restrictions] and shifting their attention elsewhere.”
State-to-state cancellation rates can vary significantly. Some 71% of contested data center proposals in Michigan are eventually canceled, as are 56% of challenged projects in Indiana, according to Heatmap Pro data.
By comparison, about 17% of challenged data center projects in Texas are canceled.
Polling suggests that Americans want much more strict data center regulation than is in place right now. About six in 10 Americans would support a data center moratorium at the national, state, or local level, according to Heatmap Pro polling.
Majorities of self-identified Democrats and MAGA Republicans would support a ban at all three levels of government. So far only one state, New York, has adopted a moratorium on new data center permit approvals. That one-year ban is not included in this survey of county and municipal restrictions.
The hundreds of laws restricting data centers may not be a permanent feature of U.S. land use laws. Many of the ordinances are — at least on paper — set to expire in the coming year to give local officials time to create their own schemes for regulating data centers in the absence of federal regulation.
But many restrictions on wind and solar energy were also initially described as temporary. Officials have still renewed them year after year in order to avoid dealing with a controversial issue.
Even when local moratoriums do not always kill projects, they can ensure that an already troubled project gets the boot.
Last year, the housing developer Deltona Corp. sought to build a 1,300-acre data center campus roughly 50 miles north of Tampa. Citrus County commissioners passed a 12-month moratorium on new data centers, but that law didn’t apply to the proposal, which was already pending and therefore exempt.
But when the county planning commission rejected a rezoning proposal for the site months later, it effectively killed the proposal, which could not file a new application without becoming subject to the moratorium.
“The people are not ok with this and clearly some, if not all, of the commissioners are also not ok with this,” Holly Davis, a county commissioner, told the local paper at the time.
Even relatively small data centers can face obstacles. After the University of Michigan bought 120 acres in a light-industrial area of Ypsilanti Township, Michigan, to build a data center, local residents — and municipal officials — vowed to battle the project.
Residents worried about the data center’s energy use, noise levels, environmental impact and its potential security risks. (The facility will be run with Los Alamos National Lab.) But the facility, at its largest, will demand 110 megawatts of electricity — much smaller than most artificial intelligence data centers.
“There’s literally not a conversation that I have, not a stop that I make, where data centers and AI don’t come up,” Abdul El-Sayed, a Democratic candidate for Michigan’s U.S. Senate seat, said earlier this month. He has not endorsed a data center moratorium, but has said projects should have mandatory “terms of engagement.”
The public’s turn against data centers has been swift. In just nine months, Americans swung 49 points against supporting a data center in their area, according to Heatmap Pro polling from the spring. Other polls have shown similar shifts.
A majority of Republicans, Democrats, and independents now say they would oppose a data center proposal in their area.
Yet even with the new surge of bans, most of America remains open — to some degree — for business. More than 90% of counties nationwide have not banned or significantly restricted data centers.
“I don’t think we’re anywhere close to a breaking point yet,” Freed said. “It’s still a big country.”