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The final days of the Biden administration and the momentum building for the start of the Trump administration have made for a busy news week at NetZero Insider.


On the federal beat, K Kaufmann reported on one of President Joe Biden’s parting initiatives ― an ambitious plan for co-locating hyperscale AI data centers and enough clean energy to power them on federal land. Biden’s plan calls for getting a portfolio of projects permitted by the end of 2025 and up and running by the end of 2027. 


Kaufmann then did double duty at the Senate Energy and Natural Resources Committee, covering confirmation hearings for Liberty Energy CEO Chris Wright, Trump’s nominee for secretary of energy, and former North Dakota Gov. Doug Burgum, nominee for secretary of the interior. A few sharp questions from Democrats notwithstanding, both men are likely to be confirmed. 


Gov. Phil Murphy’s State of the State address grabbed headlines in New Jersey with the governor’s call for his goal of 100% clean energy by 2035 to be codified in state law, our Hugh Morley writes. The New Jersey Department of Environmental Protection also had good news with its announcement of $35 million in state funding for electric heavy-duty trucks. 


Cutting prices for New Yorkers was the top concern in Gov. Kathy Hochul’s State of the State address, John Cropley reports, which means the state’s plan for a cap-and-invest program to cut greenhouse gas emissions will be on hold to allow “more space and time for public transparency and a robust investment planning process.” 


Moving south, Downing has a rundown of new bills Virginia legislators are introducing to tackle the state’s explosive growth in data centers and the resulting spike in energy demand. Proposed legislation would ensure that consumers are not picking up the tab to build out generation and grid infrastructure for new centers, and that these facilities are designed for high efficiency and put new clean energy online. 


In California, correspondent Elaine Goodman breaks out the numbers on climate and energy spending in Gov. Gavin Newsom’s 2025/26 budget. The list includes $325 million for wildfire mitigation, $228 million to prepare ports for offshore wind and $50 million for load reduction and backup generation to prop up grid reliability during extreme weather events. 


In our curated content, the California wildfires, and the climate whiplash of wet and dry seasons behind them, continue to produce heartbreaking and unsettling headlines, like The Washington Post’s analysis and maps of how the fires spread into urban areas previously thought safe. 


The Guardian also digs into the fossil fuel industry’s multimillion-dollar lobbying and ad campaign to kill a California “polluter pay” bill that would require them to pay into a fund to compensate the state for climate-driven disasters, like wildfires, that are “a major strain on the state’s budget.” 


The industry is also gearing up to fight New York’s new polluter-pay law, which Hochul signed at the end of 2024, according to Inside Climate News. 


On the industrial decarbonization front, Reuters reports on Germany’s efforts to use green hydrogen to produce zero-carbon steel, and why Thyssenkrupp, a major producer, says its plans for cutting emissions with hydrogen may not be affected by a likely change in administration following upcoming elections. 


Speaking of change in administration, Politico has the story on the power struggles already in the mix for Trump’s National Energy Council ― possibly to be renamed the National Energy Dominance Council ― over its leadership, budget, staffing and what it will actually do. 


But the success of the Inflation Reduction Act in channeling billions in federal dollars and creating thousands of jobs in cleantech industries in Republican states and districts continues to be seen as a potential roadblock for Trump-led rollbacks of the law, and California will continue to lead states in the electrification of transportation, Grist writes. 


Maine is another state potentially intensifying its focus on energy, with Gov. Janet Mills proposing to elevate the state’s Energy Office to a full cabinet-level agency, the Department of Energy Resources, with added authority to help move the state towards its 2040 target for 100% clean energy, according to E&E News. 


Read on for this week’s Intelligence Report: 


Jump To

Finance & Investing
Impact & Adaptation
Policy & Politics

 
 

Finance & Investing

Finance & Investing

U.S.

BlackRock quits climate group as Wall Street lowers environmental profile

The world's biggest asset manager said it will leave the Net Zero Asset Managers Initiative, the latest Wall Street firm to depart an environmentally focused investor group under pressure from Republican politicians. Reuters


U.S.

How should net-zero finance alliances respond to Wall Street's ESG retreat?

Major financial institutions including BlackRock and Wall Street banks are withdrawing from collaborative climate initiatives ahead of Donald Trump's inauguration, with the Net Zero Asset Managers initiative suspending its activities in response. edie


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Impact & Adaptation

Impact

U.S.

Climate change threatens the mental well-being of youths. Here's how to help them cope.

A 2022 poll of 1,500 U.S. teenagers found that 89 percent of them regularly think about the environment, "with the majority feeling more worried than hopeful." Grist


Litigation

New York

Judge dismisses NYC's climate case against the fossil fuel industry

State Supreme Court Justice Anar Patel said the city failed to prove that Exxon Mobil, Shell and BP misled New Yorkers about the climate impacts of fossil fuels. Climatewire


Wildfires

California

A new kind of urban firestorm

How climate change, strong winds and unprepared neighborhoods combine to create the perfect recipe for California's urban firestorms. The Washington Post


California

Big oil pushed to kill bill that would have made it pay for wildfire disasters

Legislation has new life in wake of Los Angeles catastrophe but US fossil-fuel industry is already mobilizing against it. The Guardian


International

'Virtually Any City on Earth Can Burn Now'

In the superheated 21st century, the old rules for wildfires no longer apply. John Vaillant, author of "Fire Weather," explains. Inside Climate News


U.S.

Far From the Fires, the Deadly Risks of Smoke Are Intensifying

Researchers see a growing health danger from the vast plumes of pollution spawned by wildfires like the ones devastating Los Angeles. The New York Times


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Policy & Politics

Policy & Politics

International

Canada could cut US energy supply in reply to Trump's tariffs

"Everything is on the the table," Prime Minister Justin Trudeau warned Wednesday, though not all premiers agree. POLITICO


International

Majority of global businesses set to miss 2050 net zero goals

Accenture's report also shows that many companies are still failing to account for their indirect emissions. Consultancy.uk


International

Why China's clean energy need not fear US tariffs

Compared to its other export industries, China's cleantech is much less vulnerable to Trump administration trade measures Dialogue Earth


Maine

Maine governor proposes cabinet-level department focused on energy needs and goals

The department would lead on energy policy, security, procurement, and other matters that grow more critical as the state pursues its emissions goals. Energy News Network


Maryland

Budget Gaps and Looming Federal Cuts Threaten Progress on Maryland's Climate Goals

As a new legislative session opens, advocates question whether climate pledges can be upheld without cash to back them. Lawmakers are facing pressure to deliver. Inside Climate News


New York

New York Climate Superfund Becomes Law

The state's legislation is the second in a growing coalition of Northeast states requiring polluters pay for climate damages. Big Oil is already fighting back. Inside Climate News


New York

The climate benefits of NYC's hard-won congestion pricing plan

Driving into lower Manhattan is now more expensive, but the toll promises cleaner air, safer streets, and improved subways. Grist


U.S.

'Powerful forces' threaten climate action, Biden warns

In his farewell address, the president warned that a powerful "oligarchy" could undo four years of progress on climate policy. Climatewire


U.S.

How states will keep fighting for climate progress under Trump

Trump calls climate change a hoax. But at the state level, the climate fight will continue -- or even accelerate. Grist


U.S.

Musk made a fortune on climate credits. Trump is targeting them.

The president-elect has asked Elon Musk to wage war on regulations -- some of which helped make Tesla the world's most valuable automaker. Climatewire


U.S.

NOAA rolls out Arctic strategy as Trump turns up geopolitical heat

The agency's updated strategy addresses the impacts of a warming climate on the regional economy and security. Greenwire


U.S.

State agencies' climate plans range from the ambitious to the mundane

Twenty-five state agencies in recent weeks have outlined their plans for helping Maryland combat climate change. The documents are in response to an executive order on climate last year from Gov. Wes Moore (D), which among other things directed government agencies to develop climate implementation plans to help reduce carbon emissions in the state. Maryland Matters


U.S.

Trump's energy 'emergency' won't look like Jimmy Carter's

The president-elect has promised to declare a "national energy emergency" soon after taking office. Greenwire


U.S.

Trump's plan for new energy council beset by infighting

The council that would steer the country toward "energy dominance" is facing questions about who would lead it and how wide its power would be. POLITICO


U.S.

Will the success of Biden's clean energy policies impede Trump's agenda?

With Trump's imminent, second ascension to the presidency, the durability of Biden's clean energy initiatives is uncertain. Utility Dive


U.S.

With Trump's Second Term Looming, the Climate Movement Is Putting Class Issues Center Stage

As activists double down on the disruptive tactics of recent campaigns, the movement's leaders see opportunities to broaden its base to include people concerned about pocketbook issues like jobs and the cost of housing. Inside Climate News


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