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Sparks

Power lines.
Sparks

Rhizome Raises $6.5 Million for AI Grid Resilience

The company will use the seed funding to bring on more engineers — and customers.

Sparks

Don’t Look Now, But China Is Importing Less Coal

Add it to the evidence that China’s greenhouse gas emissions may be peaking, if they haven’t already.

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Sparks

Rewiring America Slashes Staff Due to Trump Funding Freeze

The nonprofit laid off 36 employees, or 28% of its headcount.

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Meta headquarters.

The Power Sector Loves Big Tech’s Billion-Dollar Data Center Plans

Meta and Microsoft both confirmed plans to invest heavily in AI infrastructure.

Yellow
Power lines and a microchip.

Utilidata Raises $60 Million to Scale the Smart Grid of the Future

The AI-powered startup aims to provide home-level monitoring and data to utilities.

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Sparks

The First Sign the U.S. Oil and Gas Sector Is Pulling Back

Three weeks after “Liberation Day,” Matador Resources says it’s adjusting its ambitions for the year.

Money and an oil rig.
<p>Heatmap Illustration/Getty Images</p>

America’s oil and gas industry is beginning to pull back on investments in the face of tariffs and immense oil price instability — or at least one oil and gas company is.

While oil and gas executives have been grousing about low prices and inconsistent policy to any reporter (or Federal Reserve Bank) who will listen, there’s been little actual data about how the industry is thinking about what investments to make or not make. That changed on Wednesday when the shale driller Matador Resources reported its first quarter earnings. The company said that it would drop one rig from its fleet of nine, cutting $100 million of capital costs.

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Trump’s Lawyers Told a Judge They Think They’ll Lose Their Own Lawsuit

The Department of Justice included a memo in a court filing that tears down the administration’s own case against New York’s congestion pricing.

Sean Duffy.
<p>Heatmap Illustration/Getty Images, Library of Congress</p>

Secretary Duffy, you have no case.

That was the gist of a memo Department of Justice lawyers sent to the Department of Transportation regarding its attempt to shut down New York City’s congestion pricing program. The letter was uploaded mistakenly on Wednesday into the court record for the Metropolitan Transportation Authority’s lawsuit challenging Duffy’s actions. Oops.

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