President Trump signed a "national energy emergency" that gives his administration new powers to boost fossil fuel development around the country.

Commodities tied to clean energy and electrification showed resilience in 2024, despite the global manufacturing slowdown and Trump’s roll back of “green” agenda items.

The president said he’d declare an energy emergency, increase drilling and end support for electric cars. His pivot to oil and gas follows the hottest year in recorded history.

The misuse of power under Donald Trump is to be taken for granted. Monday ’s list of executive actions on behalf of the fossil-fuel industry was entirely expected—this time around, there is no hesitation about withdrawing from the Paris climate accord (a decision that took four months in his first term),

Though largely symbolic, President Trump’s declaration of an “energy emergency” could throw a wrench in renewable energy development and will cut into the Endangered Species Act