Sunday, 27 September 2026
Sunday, 27 September 2026
- In brief
- 1US diesel costs 76% more than a year ago, and the Trump administration is split over banning its export
- 2Trump turns down Iran's Hormuz offer
- 3Missiles fired at Saudi Arabia's oil port city
- 4Drones set Moscow's refinery on fire
- 5Libya's biggest oilfield pumps again
- 6A second judge blocks New York's climate fund
- 7A power company asks for a wildfire deal
- 8India throws away clean power for want of wires
- 9Pakistan's rooftop solar drains its grid
- 10Nepal's floods: 5,644 people still missing
- 11Geothermal power needs desert water
- 12Up to $2.1 billion of US money for a Texas reactor
- 13A closed nuclear plant becomes an election issue
- 14Italy may sell part of its turbine maker to Gulf funds
- 15A US deal on faster permits slips past the elections
- 16Opposition stalls $170 billion of data centres
27 Sept · Climate · In brief
Climate · Sunday, 27 September 2026
Climate, in brief
16 stories · 28 sources
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What is moving · 1 of 4
Fuel routes under attack
Iran still blocks most shipping through the Strait of Hormuz, and Trump turned down its offer to reopen it on Saturday.
What is moving · 2 of 4
Elections steering energy
Republicans in close races pushed Trump towards a diesel export ban before the November elections.
What is moving · 3 of 4
Grids falling behind
India switched off clean power because its power lines were built too slowly.
What is moving · 4 of 4
Who pays for disasters
A second US judge struck down New York's law making oil companies pay $75 billion for climate damage.
Part of the day's signals
2 pressures seen across the day run through Climate too.
12 sources
Climate, in brief
- 3US diesel futures fall after report of export ban plan, which the White House denies
- 11Trump rejects Iran's proposal to reopen the Strait of Hormuz and other Mideast news
- 15Ukraine marks Putin's scripted election win with assault on Moscow refinery
- 16Libya reopens Sharara-Zawiya pipeline after closure
- 17A Second Judge Strikes Down New York's Climate 'Superfund' Law
- 18Southern California Edison pushing for state wildfire liability deal before legislators depart
- 19Renewables: Grid shortages are forcing India to produce and waste green energy
- 20The Solar Boom in Developing Nations: Fast, Chaotic, and Unequal
- 21A month after Nepal floods, thousands are still missing
- 24Indian Point Energy Center's Uncertain Future
- 26Gas, solar, and tech companies all want this bill. Will Congress pass it?
- 27Efforts to curb data center speculation gain ground across the US
US diesel costs 76% more than a year ago, and the Trump administration is split over banning its export
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Diesel cost $6.52 a gallon in the US on Wednesday, 76% more than a year earlier, according to the motoring group AAA.
about 13% below the usual level for the time of year over the last five years
the lowest since October 1982, as the US government releases 172 million barrels
Who is involved
Donald Trump
the US president; he said on Tuesday that he backs a ban on diesel exports
Who is involved
Chris Wright
the US energy secretary; he says a ban would not work and is asking refiners to limit exports on their own
Why it matters
Wright said the Trump administration would announce new policies in the coming days; the next test is whether they include any limit on exports, and whether Gulf Coast storage tanks start to fill.
What's really going on
The US sells about 1.5 million barrels of diesel a day abroad, and Republicans in close races want Trump to stop it before the 3 November elections.
What's really going on
His own energy and interior secretaries say a ban would make refineries process less oil.
What's really going on
Petrol and jet fuel would then get dearer, and countries that sell fuel to the US could hit back.
Why it works on people
A ban sounds like keeping American fuel for Americans. The cost Wright describes comes about a month later, when the storage tanks are full and refineries cut back.
Who gains
US Gulf Coast refiners
Strong demand abroad has brought them record export revenues, and so far no ban limits where they sell.
Who gains
Refiners in Europe
The profit they make on each barrel of diesel hit a record the day after Trump backed a ban, because a ban would cut Europe's supply.
Who pays
US farmers and truckers
Diesel costs $6.52 a gallon, 73% more than just before the Iran war.
Who pays
US drivers, if a ban comes
Refineries that cannot sell diesel abroad would process less oil, which Wood Mackenzie says would push up petrol prices.
Nobody knows yet
Whether Trump will order any limit on diesel exports.
Wright said announcements would come in the coming days, and the Energy Department says Trump makes the final decision.
Nobody knows yet
What a voluntary limit would ask of refiners, and who would check it.
The people who described Wright's calls did not name the companies or say how any limit would be enforced.
Nobody knows yet
How low US diesel stocks really are.
Reuters puts them about 13% below the five-year average for the time of year.
Part of a signal
Fuel still dear as Trump turns down Iran's offer
Seen in 3 of the 12 beats
Also seen in World and Finance.
The whole signal →The short version
That's the story in short.
The whole story has 13 more parts.
or swipe up for the next storyor scroll on for the next story ↓
The whole story, in 13 parts ↓
Part 1 of 13 · Who else is involved
Doug Burgum
the US interior secretary; he warned that countries selling fuel to the US could retaliate
Part 1 of 13 · Who else is involved
Chuck Grassley
a Republican senator from Iowa, a big farming state; the ban's strongest champion
Part 2 of 13 · How it unfolded
28 Feb
the US and Israel attack Iran, and the war begins
March
the US waives a shipping law so Gulf Coast diesel can reach its own east and west coasts
Part 2 of 13 · How it unfolded
22 Sept
Trump says he backs a ban on diesel exports
3 Nov
the US midterm elections
Part 3 of 13
Diesel fuels vehicles and backup generators.
Part 3 of 13
Its price squeezes trucking, farming and factories.
Part 3 of 13
In the end it reaches groceries too, says Joseph Brusuelas, chief economist at the firm RSM.
Part 4 of 13
Supplies are short because the Iran war has choked the Strait of Hormuz, the narrow sea lane out of the Gulf.
Part 4 of 13
Ukrainian drone attacks on Russian refineries took another 800,000 to 1 million barrels a day of diesel off the market, says S&P Global, an energy data firm.
Part 5 of 13
On Tuesday Donald Trump said he backed stopping diesel exports.
Part 5 of 13
Republicans in some of the closest election races had asked for it.
Part 5 of 13
Its strongest champion is Chuck Grassley, a senator from the farming state of Iowa.
Part 6 of 13
The US used about 4.1 million barrels of diesel a day this year and sold about 1.5 million a day abroad, according to S&P Global.
Part 7 of 13
Chris Wright, Trump's energy secretary, said on Wednesday that a ban would not work.
Part 7 of 13
If refineries cannot export diesel they run out of places to store it, he said, and must process less oil, which pushes up petrol and jet fuel prices.
Part 8 of 13
The consultancy Wood Mackenzie says a ban would fill Gulf Coast storage tanks in just over a month.
Part 8 of 13
Refiners would then have to cut the oil they process by more than 2 million barrels a day, about 12%.
Part 9 of 13
Doug Burgum, the US interior secretary, warned that countries which sell fuel to the US could hit back, hurting states such as California that import some of their energy.
Part 10 of 13
The Trump administration denied a report of a 90-day ban on Wednesday.
Part 10 of 13
Wright has also called executives at several big refiners to ask whether they would limit exports on their own, three people told Reuters.
Part 11 of 13
The American Petroleum Institute, the oil industry's main US lobby group, and more than 30 business groups urged Trump on Wednesday to reject any limit on fuel exports.
Part 12 of 13
Europe is short of diesel and buys a lot from the US, so a ban would tighten its supply further.
Part 12 of 13
The profit European refiners make on diesel hit a record on Wednesday after Trump's comments.
Part 13 of 13
Petrol averaged nearly $4.50 a gallon on Friday.
Part 13 of 13
Fears that fuel will keep prices rising pushed US 30-year mortgage rates above 7% by the end of the week.
10 sources
US diesel costs 76% more than a year ago, and the Trump administration is split over banning its export
- 1US energy secretary seeks refiners' help amid narrow options to curb diesel price
- 2Trump supports diesel export ban as fuel prices hit records
- 3US diesel futures fall after report of export ban plan, which the White House denies
- 4US Energy Secretary Wright says diesel export ban would not work
- 5Talk of US export ban on diesel deepens US crude futures' discount to global benchmark
- 6Skyrocketing diesel prices rattle Republicans as midterms approach
- 7Trump's diesel export dilemma: good politics, bad economics
- 8Oil stocks in US strategic petroleum reserve fall to lowest level since 1982
- 9High Gas and Rising Mortgage Rates Trouble Trump as Midterms Near
- 10Oil prices edge lower as Iran says it is open to diplomacy to end the war
The full story
US diesel costs 76% more than a year ago, and the Trump administration is split over banning its export
Diesel cost $6.52 a gallon in the US on Wednesday, 76% more than a year earlier, according to the motoring group AAA.
Diesel fuels vehicles and backup generators.
Supplies are short because the Iran war has choked the Strait of Hormuz, the narrow sea lane out of the Gulf.
On Tuesday Donald Trump said he backed stopping diesel exports.
The US used about 4.1 million barrels of diesel a day this year and sold about 1.5 million a day abroad, according to S&P Global.
Chris Wright, Trump's energy secretary, said on Wednesday that a ban would not work.
The consultancy Wood Mackenzie says a ban would fill Gulf Coast storage tanks in just over a month.
Doug Burgum, the US interior secretary, warned that countries which sell fuel to the US could hit back, hurting states such as California that import some of their energy.
The Trump administration denied a report of a 90-day ban on Wednesday.
The American Petroleum Institute, the oil industry's main US lobby group, and more than 30 business groups urged Trump on Wednesday to reject any limit on fuel exports.
Europe is short of diesel and buys a lot from the US, so a ban would tighten its supply further.
Petrol averaged nearly $4.50 a gallon on Friday.
Why it matters. Wright said the Trump administration would announce new policies in the coming days; the next test is whether they include any limit on exports, and whether Gulf Coast storage tanks start to fill.
Trump turns down Iran's Hormuz offer
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The US and Iran held three hours of talks through go-betweens on Tuesday, their first in months.
In return the US would lift its naval blockade of Iranian ports, drop sanctions on Iranian oil and agree a ceasefire that includes Lebanon.
On Saturday Donald Trump rejected the offer, saying Iran wanted a deal because it was 'losing so badly'.
Why it matters
About a fifth of the world's oil exports went through the strait before the war, and its closure is the main reason fuel is dear in the lead story.
Why it matters
Iran's foreign minister, Abbas Araqchi, says the go-betweens have not passed on any US answer, and the Wall Street Journal reported that Trump expects more bombing after the elections.
Nobody knows yet
Whether the Strait of Hormuz reopens.
Trump says he rejected Iran's offer, but Iran's foreign minister says the mediators have not passed on any US answer.
4 sources
Trump turns down Iran's Hormuz offer
The full story
Trump turns down Iran's Hormuz offer
The US and Iran held three hours of talks through go-betweens on Tuesday, their first in months.
Why it matters. About a fifth of the world's oil exports went through the strait before the war, and its closure is the main reason fuel is dear in the lead story.
Missiles fired at Saudi Arabia's oil port city
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The Houthis, an armed group that controls much of northern Yemen and is allied to Iran, said they fired dozens of missiles and drones at Saudi targets on Thursday.
Saudi Arabia said it shot down six ballistic missiles.
Saudi Arabia said it stopped another Houthi missile early on Saturday, fired towards the city of Khamis Mushait.
Why it matters
Iran and its allies squeeze Saudi oil exports from two sides: the Houthis at the mouth of the Red Sea, and Iran at Hormuz.
Why it matters
Iran's president said the Houthis are responsible for their own actions.
2 sources
Missiles fired at Saudi Arabia's oil port city
The full story
Missiles fired at Saudi Arabia's oil port city
The Houthis, an armed group that controls much of northern Yemen and is allied to Iran, said they fired dozens of missiles and drones at Saudi targets on Thursday.
Why it matters. Iran and its allies squeeze Saudi oil exports from two sides: the Houthis at the mouth of the Red Sea, and Iran at Hormuz.
Drones set Moscow's refinery on fire
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A Ukrainian drone attack on the Moscow area, one of its largest, damaged the refinery at Kapotnya on the city's south-eastern edge and killed at least three people, local officials said.
The refinery supplies a large share of Moscow's fuel, including diesel and aviation fuel.
On Monday queues formed again at petrol stations, which began rationing fuel.
Why it matters
Attacks on Russian refineries are one reason diesel is short around the world, the problem in the lead story.
Why it matters
Trump says Ukraine's strikes are raising US diesel prices, while experts more often blame the Iran war, the Washington Post reports.
How it works
One barrel of crude makes diesel, petrol and jet fuel together
How it works
A refinery splits every barrel into several fuels at once, so it cannot make less diesel without making less petrol and jet fuel too.
How it works · step 1 of 5
A refinery heats crude oil and splits it into several fuels at once: petrol, diesel, jet fuel and more
How it works · step 2 of 5
US refineries make more diesel than the country uses, and sell the rest abroad
How it works · step 3 of 5
Stop those sales, and the spare diesel goes into storage tanks
How it works · step 4 of 5
When the tanks are full, the refinery has to process less crude
How it works · step 5 of 5
Less crude means less petrol and jet fuel, not only less diesel
The twist
A ban on diesel exports is meant to make diesel cheaper for Americans.
The twist
Wood Mackenzie says it would instead force US refineries to cut the oil they process by about 12%, and petrol could then cost more.
The picture
US diesel this year, in millions of barrels a day, from S&P Global in the briefing above. The smaller bar is what a ban would keep in the country.
Seen the same day
one refinery supplies Moscow with both diesel and aviation fuel, so one attack cut both at once and petrol stations began rationing
Seen the same day
one reactor would make both steam and electricity for Dow's chemical plant, replacing old equipment that made both, so the two come and go together
The catch
The squeeze takes time.
The catch
Until the storage tanks fill, which Wood Mackenzie puts at just over a month, a ban could lower diesel prices in the US, an economist told Reuters.
The whole
A farmer in Iowa paying $6.52 a gallon, a driver buying petrol, a lorry firm in Europe and a worker at a Gulf Coast refinery all rely on the same barrels of crude.
The whole
Each of them sees one price at one pump. None of them sees the storage tanks and the other fuels behind it.
2 sources
Drones set Moscow's refinery on fire
The full story
Drones set Moscow's refinery on fire
A Ukrainian drone attack on the Moscow area, one of its largest, damaged the refinery at Kapotnya on the city's south-eastern edge and killed at least three people, local officials said.
Why it matters. Attacks on Russian refineries are one reason diesel is short around the world, the problem in the lead story.
Libya's biggest oilfield pumps again
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Libya's National Oil Corporation said on Saturday it had reopened the main pipeline from Sharara, the country's largest oilfield, to Zawiya on the coast.
An armed group and members of the Petroleum Facilities Guard, the force that protects oil sites, had closed a valve on 21 September in a dispute over their status and pay.
The five-day shutdown cost 942,376 barrels of oil, worth about $95 million.
Why it matters
Sharara can pump about 300,000 barrels a day and has stopped many times over protests and political fights.
Why it matters
The UN mission in Libya had warned that a long shutdown could threaten the country's fuel and electricity.
Good news
Libya's biggest oilfield is pumping again. The pipeline from Sharara reopened on Saturday after five days shut, and oil is flowing back to the Zawiya refinery, which supplies fuel inside Libya.
The full story
Libya's biggest oilfield pumps again
Libya's National Oil Corporation said on Saturday it had reopened the main pipeline from Sharara, the country's largest oilfield, to Zawiya on the coast.
Why it matters. Sharara can pump about 300,000 barrels a day and has stopped many times over protests and political fights.
A second judge blocks New York's climate fund
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Judge P.
Kevin Castel of a US federal court in New York ruled on Wednesday that the state's climate superfund law is overridden by the US Clean Air Act and interferes in foreign affairs.
The 2024 law would make fossil fuel companies pay $75 billion over 25 years into a fund for projects that protect New York from the effects of warming.
The US Justice Department and environment agency brought the case.
Why it matters
Vermont is the only other state with such a law, and a challenge to it is still in court.
Why it matters
Several more states have proposed similar laws, so the rulings reach beyond New York.
Who gains
The oil companies named in New York's climate law
Two rulings mean they do not, for now, pay the $75 billion the law asked of them.
Who pays
New York's state budget
The $75 billion the law would have raised for projects that protect the state from warming is blocked unless an appeal wins.
Nobody knows yet
Whether New York appeals the rulings against its climate fund.
Two federal judges have now ruled against the law, and a separate challenge to Vermont's similar law is still in court.
1 source
A second judge blocks New York's climate fund
The full story
A second judge blocks New York's climate fund
Judge P. Kevin Castel of a US federal court in New York ruled on Wednesday that the state's climate superfund law is overridden by the US Clean Air Act and interferes in foreign affairs.
Why it matters. Vermont is the only other state with such a law, and a challenge to it is still in court.
A power company asks for a wildfire deal
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Pedro Pizarro, head of Edison International, which owns the utility Southern California Edison, asked California's lawmakers this week to meet in a special session before the year ends.
He wants limits on what power companies owe when their equipment starts a wildfire.
Southern California Edison's equipment is being investigated for starting the Eaton fire near Altadena in January 2025.
Why it matters
Lawmakers failed to agree a plan last month, and the ratings agency Fitch has cut its outlook on the company.
Why it matters
Pizarro says the doubt is adding hundreds of millions of dollars to its borrowing costs, and only Governor Gavin Newsom can call the session.
Who pays
Southern California Edison
Its chief executive says doubt over wildfire costs adds hundreds of millions of dollars to its borrowing.
Nobody knows yet
Whether California will limit what power companies pay for wildfires.
Only the governor can call the special session Edison wants, and its own chief executive says reaching a deal quickly could be hard.
1 source
A power company asks for a wildfire deal
The full story
A power company asks for a wildfire deal
Pedro Pizarro, head of Edison International, which owns the utility Southern California Edison, asked California's lawmakers this week to meet in a special session before the year ends.
Why it matters. Lawmakers failed to agree a plan last month, and the ratings agency Fitch has cut its outlook on the company.
India throws away clean power for want of wires
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India now has 300 gigawatts of renewable power plants, 54% of all its capacity, against about 4 gigawatts a decade ago.
Its power lines have not kept up: one in four projects between states is more than a year late.
Weak lines caused nearly two-thirds of the clean power India had to switch off in the first three months of 2026, 300 gigawatt-hours, the research group Ember says.
A solar farm takes 18 to 24 months to build, and lines take longer.
Why it matters
Ember calls this gap the biggest risk to India's goal of 500 gigawatts of clean power by 2030.
Why it matters
Batteries could have stored the power for the evening, a researcher told the BBC, but many battery projects fell through when prices jumped.
Good news
India now has 300 gigawatts of renewable power plants, 54% of all its capacity, and it reached that share five years ahead of its target. On a hot July afternoon, clean power briefly met more than half of India's peak demand.
1 source
India throws away clean power for want of wires
The full story
India throws away clean power for want of wires
India now has 300 gigawatts of renewable power plants, 54% of all its capacity, against about 4 gigawatts a decade ago.
Why it matters. Ember calls this gap the biggest risk to India's goal of 500 gigawatts of clean power by 2030.
Pakistan's rooftop solar drains its grid
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Solar panels now make about a quarter of Pakistan's electricity in peak months, up from under 1% a decade ago, Jan Rosenow writes in an opinion piece for Yale Environment 360.
Homes and businesses bought most of them without a big government subsidy, to escape dear and unreliable grid power.
Up to three-quarters of the country's solar may never have been officially recorded.
Why it matters
The grid's wires and standby power plants still have to be paid for, so when richer customers leave, the cost is spread over fewer people.
Why it matters
Poorer households that cannot buy panels can end up paying more, and Nigeria and Zambia show the same signs.
Who pays
Poorer grid customers in Pakistan
As richer homes switch to their own solar, the grid's fixed costs are spread over the people who cannot afford panels.
Nobody knows yet
How much solar Pakistan really has.
Up to three-quarters of it may never have been officially recorded, so analysts use customs records and satellite pictures instead.
Good news
Solar panels now make about a quarter of Pakistan's electricity in peak months, up from less than 1% a decade ago. Homes and businesses put most of them up themselves, without a big government subsidy.
1 source
Pakistan's rooftop solar drains its grid
The full story
Pakistan's rooftop solar drains its grid
Solar panels now make about a quarter of Pakistan's electricity in peak months, up from under 1% a decade ago, Jan Rosenow writes in an opinion piece for Yale Environment 360.
Why it matters. The grid's wires and standby power plants still have to be paid for, so when richer customers leave, the cost is spread over fewer people.
Nepal's floods: 5,644 people still missing
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A month after floods swept through parts of Nepal on 26 August, the country's disaster agency says 1,453 bodies have been recovered and 5,644 people are still missing.
Many are believed to be trapped in six tunnels dug for hydropower projects.
Only 112 bodies have been handed to families; 1,333 are buried for now until DNA tests can name them.
Nepal's government puts the cost of rebuilding at $4.77 billion, and about 7,500 homes were damaged or destroyed.
Why it matters
Prime Minister Balendra Shah told the UN General Assembly on Thursday that the floods were a warning to the world about climate risks in the Himalayas.
Why it matters
He asked for more international help with the recovery.
Who pays
Families in Nepal
Only 112 of 1,453 recovered bodies have been handed back, and about 7,500 homes were damaged or destroyed.
Nobody knows yet
How many of Nepal's 5,644 missing people are inside the hydropower tunnels.
The AP says many are believed trapped in six tunnels, but gives no number, and DNA checks on the dead will take at least a month.
1 source
Nepal's floods: 5,644 people still missing
The full story
Nepal's floods: 5,644 people still missing
A month after floods swept through parts of Nepal on 26 August, the country's disaster agency says 1,453 bodies have been recovered and 5,644 people are still missing.
Why it matters. Prime Minister Balendra Shah told the UN General Assembly on Thursday that the floods were a warning to the world about climate risks in the Himalayas.
Geothermal power needs desert water
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Tech companies want geothermal power, made from the heat in deep rock, for data centres in the dry western US, because it runs day and night, Grist reports.
Google agreed this month to buy 396 megawatts from Fervo Energy's Cape Station in Utah.
Most new geothermal methods pump water into hot rock, and Fervo's first commercial project, in Nevada, lost 30% of the water it injected.
Rough sums by Utah FORGE, a government geothermal lab, say 2 gigawatts made this way could use 42 million gallons a day.
Why it matters
That is about half of what Albuquerque, New Mexico's biggest city, uses each day, in a state in a drought that has lasted decades.
Why it matters
Data centres already use water to keep their servers cool, so the two demands land on the same scarce supply.
1 source
Geothermal power needs desert water
The full story
Geothermal power needs desert water
Tech companies want geothermal power, made from the heat in deep rock, for data centres in the dry western US, because it runs day and night, Grist reports.
Why it matters. That is about half of what Albuquerque, New Mexico's biggest city, uses each day, in a state in a drought that has lasted decades.
Up to $2.1 billion of US money for a Texas reactor
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X-energy, a nuclear start-up backed by Amazon, now has up to $2.1 billion of US government money for its first four small reactors, Canary Media reported this week.
They are planned for a Dow Chemical plant in Seadrift, Texas.
The latest $1 billion was announced last month, after $1.2 billion in 2021, and the company matches each federal dollar.
The reactors would give Dow's plant both steam and electricity, cutting about 440,000 tonnes of greenhouse gas a year.
The US nuclear regulator is expected to approve construction in early 2027.
Why it matters
X-energy has not updated its 2023 cost estimate of $4.75 billion to $5.75 billion, and Dow will not decide to build before 2028.
Why it matters
Its deals with Dow, Amazon and Centrica, a British energy company, add up to as many as 144 of its reactors.
How it works
one reactor would make both steam and electricity for Dow's chemical plant, replacing old equipment that made both, so the two come and go together
The idea, in story 4: One barrel of crude makes diesel, petrol and jet fuel together →Who gains
X-energy
The US government now covers half the cost of its first reactors, with up to $2.1 billion.
Nobody knows yet
Whether X-energy's first reactors will come in under its 2023 estimate.
The company has not updated its 2023 estimate of $4.75 billion to $5.75 billion, and says it faces the same rising costs as other power projects.
1 source
Up to $2.1 billion of US money for a Texas reactor
The full story
Up to $2.1 billion of US money for a Texas reactor
X-energy, a nuclear start-up backed by Amazon, now has up to $2.1 billion of US government money for its first four small reactors, Canary Media reported this week.
Why it matters. X-energy has not updated its 2023 cost estimate of $4.75 billion to $5.75 billion, and Dow will not decide to build before 2028.
A closed nuclear plant becomes an election issue
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Indian Point, a nuclear plant on the Hudson River north of New York City, closed in 2021 and is being taken apart by its owner, Holtec International.
In a close race for the US House, Republican Mike Lawler wants it reopened and took Energy Secretary Chris Wright to the site.
His Democratic challenger, Cait Conley, lists stopping that push as a priority.
Why it matters
After the plant closed, New York burned more gas and its power-sector emissions rose 22% from 2019 to 2022.
1 source
A closed nuclear plant becomes an election issue
The full story
A closed nuclear plant becomes an election issue
Indian Point, a nuclear plant on the Hudson River north of New York City, closed in 2021 and is being taken apart by its owner, Holtec International.
Why it matters. After the plant closed, New York burned more gas and its power-sector emissions rose 22% from 2019 to 2022.
Italy may sell part of its turbine maker to Gulf funds
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CDP, Italy's state lender, is in talks to sell 15% to 35% of Ansaldo Energia to investors from the Gulf, including Mubadala, Abu Dhabi's state wealth fund, two sources told Reuters.
Ansaldo, based in Genoa, makes gas and steam turbines, generators and nuclear technology.
Its orders rose 24% last year to 2.3 billion euros, and Reuters says it is gaining from the power demand of data centres.
Any deal would see Ansaldo help build gas power plants in the Gulf.
Why it matters
CDP owns 99.6% of Ansaldo and would keep control, one source said.
Why it matters
Ansaldo already won a contract last year to supply four turbines for a 1-gigawatt power plant at Al Dhafra in the United Arab Emirates.
Who gains
Mubadala, Abu Dhabi's state wealth fund
It is in the lead to buy into Ansaldo, a turbine maker whose orders rose 24% last year.
1 source
Italy may sell part of its turbine maker to Gulf funds
The full story
Italy may sell part of its turbine maker to Gulf funds
CDP, Italy's state lender, is in talks to sell 15% to 35% of Ansaldo Energia to investors from the Gulf, including Mubadala, Abu Dhabi's state wealth fund, two sources told Reuters.
Why it matters. CDP owns 99.6% of Ansaldo and would keep control, one source said.
A US deal on faster permits slips past the elections
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A group of US senators from both parties has been writing a bill to make energy projects faster to approve, Grist reports.
It is expected to narrow the environmental checks government agencies must make and to make permits harder to challenge in court.
Politico reported that the senators now plan to finish it after the midterm elections.
Trump has signalled he would stop blocking wind and solar projects to win Democratic votes for it.
Why it matters
Solar farms and batteries make up almost 80% of the new US power plants expected this year.
Why it matters
Gas was the biggest source of US electricity last year, and both industries want the bill.
Why it matters
Voters turn against it when it is described as helping data centres, a pollster, Alex Lundry, says.
1 source
A US deal on faster permits slips past the elections
The full story
A US deal on faster permits slips past the elections
A group of US senators from both parties has been writing a bill to make energy projects faster to approve, Grist reports.
Why it matters. Solar farms and batteries make up almost 80% of the new US power plants expected this year.
Opposition stalls $170 billion of data centres
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Local opposition has blocked, withdrawn or stalled more than $170 billion of AI data centres in the US since January 2024, the advisory firm Relae says, Utility Dive reports.
Goldman Sachs, the US bank, expects data-centre power use to reach 66 gigawatts in 2027, but only about half of the capacity due in the next two years to arrive on time.
At a New York Times event this week, Justin Pearson, a Tennessee state lawmaker, said pollution from data centres' gas turbines and diesel generators is killing people in communities now.
Why it matters
Many utilities and regulators now ask big new users for deposits, minimum contracts and exit fees to weed out projects that will never be built.
Why it matters
Texas has paused new data-centre connections while it checks its 474 gigawatts of requests.
Part of a signal
People turning against data centres near them
Seen in 2 of the 12 beats
Also seen in Tech.
The whole signal →2 sources
Opposition stalls $170 billion of data centres
The full story
Opposition stalls $170 billion of data centres
Local opposition has blocked, withdrawn or stalled more than $170 billion of AI data centres in the US since January 2024, the advisory firm Relae says, Utility Dive reports.
Why it matters. Many utilities and regulators now ask big new users for deposits, minimum contracts and exit fees to weed out projects that will never be built.
That's the whole Climate day.
16 stories, 28 sources.