Red Washington, greener states
Market forces will keep hurting coal, strengthening gas and supporting renewables—whatever Trump thinks about climate science
Four months after Donald Trump's inauguration his federal government has already started rolling back years of federal climate policies. It's not yet clear, though, what the union's states will do. So far, President Trump has announced Executive Orders that cut the Environmental Protection Agency's (EPA) budget by a third, overturn regulations governing toxic coal-mine waste, suspend work on the Clean Power Plan (CPP) and loosen restrictions on emissions of methane from oil and gas production. That fulfils some of the campaign promises, although the market and its cheap gas, wind and solar—not DC—will decide whether Trump's measures bring back the coal jobs he pledged. For now, Trump is slas
Also in this section
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields