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Semafor net zero

US plans to cancel 7 conditional commitments for green projects

The projects, which had been conditionally approved by the Department of Energy’s Loan Programs Office, are mostly battery factories.
US Department of Energy Secretary Chris Wright testifies before the House Committee on Appropriations Subcommittee on Energy on Capitol Hill in Washington, D.C.US Energy Secretary Chris Wright. Nathan Howard/Reuters

China’s emissions fall despite surging demand for energy: Report

The new analysis suggests that China’s carbon dioxide emissions may have peaked.
Workers at a construction site at a Taiyuan New Energy Co wind farm.Tingshu Wang/File Photo/Reuters

Democrats focus on energy costs in US tax credit fight

GOP plan could cut US household incomes by more than $300 annually.
Solar panels are arrayed on Earth Day in Northfield, Massachusetts, U.S., April 22, 2022.Brian Snyder/Reuters

China’s energy investing is getting greener

As it navigates foreign tradewars, China is turning more cash toward local clean energy projects.
Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Suralaya, Banten province, Indonesia,Willy Kurniawan/Reuters

House GOP cuts, but not kills, wind and solar tax credits

The consensus forming among Republican lawmakers on renewable energy subsidies is less extreme than the industry’s worst fears.
An aerial view shows rows of solar panels at a solar farm in Anson, Texas, U.S., April 23, 2025Daniel Cole/Reuters

Big gas turbine manufacturers aren’t ready to bet on the AI boom

Demand for gas power-generation hardware is surging, but the few companies that make it are reluctant to scale up.
A GE gas turbine. USA Today Network via Reuters

Power companies get creative to compete for tech deals

After winning a $20 billion contract with Google, Intersect Power wants to “create a whole new class of real estate.”

Cheaper borrowing can help prevent another Spain-style blackout

Europe’s electric grid is sorely underinvested in. Forthcoming interest rate cuts should help.

Nearly 400,000 US clean energy jobs on the line, Climate Power analysis finds

The bulk are in GOP-controlled districts, and could be on the chopping block if congressional Republicans follow through on repealing or gutting Biden-era tax credits.

Trump’s trade war threatens cash bonuses for oil investors

Dividend payments and share buybacks are at risk if oil prices continue to slide.

The US can’t win the AI race without renewables

The Trump administration wants to push the power sector more into coal and gas, but utility execs have a different plan.

US wants to launch a nuclear ‘renaissance,’ Energy Sec. Chris Wright says

The Trump administration is hoping to spur development of nuclear power to keep up with surging demand for electricity.

Tariffs won’t solve the US copper problem, BHP CEO says

Mike Henry, CEO of BHP, downplayed the possibility of another stab at acquiring rival miner Anglo American.

Former Colombian president: Petro’s oil policies are ‘absolutely insane’

Iván Duque, the former president of Colombia, criticized some of his predecessor’s climate policy stances at Semafor’s World Economy Summit.

Oil investors are buying the dip

US President Donald Trump’s energy strategy is hurting Big Oil today, but a recovery is likely.

Clean energy companies paring back climate talk

Downplaying climate in corporate messaging may be a smart political move but risks putting companies out of touch with their customers, analysts warned.

How a trade war with China helps (some) US clean tech companies

Battery companies have been preparing for a rift with Chinese suppliers for years.

China can win an energy trade war with the US

Losing access to the US market could be great for China’s clean tech companies.