“The Biden administration has distributed at least $26 billion of dollars in financing to clean-energy companies in its final days before President-elect Donald Trump takes office,” Bloomberg reports.

“President-elect Donald Trump is preparing executive orders aimed at boosting American fossil fuels and undoing his predecessor’s push for the U.S. to adopt electric vehicles,” the Wall Street Journal reports.

“After his inauguration next Monday, Trump is expected to instruct agencies to begin unwinding President Biden’s limits on drilling offshore and on federal land, oil lobbyists said. Among other orders, Trump is planning to push for a rollback of tailpipe emissions rules he has described as an ‘EV mandate,’ and resume approvals for plants that export U.S. natural gas.”

New York Times: “Greenhouse gas emissions dropped just a fraction, 0.2 percent, compared to the year before, according to estimates published Thursday by the Rhodium Group.”

“Despite continued rapid growth in solar and wind power, emissions levels stayed relatively flat last year because demand for electricity surged nationwide, which led to a spike in the amount of natural gas burned by power plants.”

“President-elect Donald Trump said on Tuesday that ‘no new windmills’ would be built in the United States when he takes office, a direct rebuke of the Biden administration, which has approved 11 commercial-scale offshore wind projects,” the New York Times reports.

Axios: “Unlike executive orders that Trump could overturn with the stroke of a pen, Biden’s actions rely on an open-ended provision in the 1953 Outer Continental Shelf Lands Act.”

“This law governs energy leasing activities for submerged lands under U.S. control that are beyond three miles from shore.”

“A provision in the act allows the president to permanently take parts of the Outer Continental Shelf off the table for leasing activities, without providing a means for another president to undo the action.”

“President Joe Biden will move Monday to block all future oil and gas drilling across more than 625 million acres of federal waters — equivalent to nearly a quarter of the total land area of the United States,” the Washington Post reports.

“A blackout hit nearly all of Puerto Rico early Tuesday as the U.S. territory prepared to celebrate New Year’s, leaving more than 1.3 million clients in the dark. Officials said it could take up to two days to restore power,” the AP reports.

Gas prices are expected to drop in 2025 for the third straight year, CNN reports.

“Incoming President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China,” Reuters reports.

“Gas prices haven’t been this low since spring 2021,” Axios reports.

“Displayed prominently on big signs everywhere you drive, prices at the pump are a key economic indicator for the general public.”

Elon Musk, the billionaire electric vehicle mogul whom President-elect Donald Trump has tapped to help lead a government efficiency task force, told Politico that he wants to eliminate tax breaks for EV buyers, Politico reports.

CNN: “The perception of danger is a hurdle quickly becoming one of the country’s biggest obstacles to uploading a glut of climate-friendly energy onto the grid.”

“Federal officials are pleading with communities to say yes to storing spent fuel. No state has yet raised its hand to store the country’s nuclear energy waste, despite the lucrative deals it could foment.”

“Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas projects and increase oil drilling off the U.S. coast and on federal lands,“ Reuters reports.

“The energy checklist largely reflects promises Trump made on the campaign trail, but the plan to roll out the list as early as day one ensures that oil and gas production will rank alongside immigration as a pillar of Trump’s early agenda.”

New York Times: How Trump could upend electric car sales.

Politico: “The president-elect has vowed to redirect all unspent funds from President Joe Biden’s climate programs to ‘important projects like roads, bridges and dams.’”

“But the charging money is expected to be largely insulated from Trump’s reach despite the initiative’s lagging rollout, according to experts who closely track the funding. Even though few chargers have come online so far, most of the funds will be formally committed to projects or available for states to spend by the time Trump takes office in January, which experts say will make them harder to claw back.”

“President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation,” Reuters reports.

“Ending the tax credit could have grave implications for an already stalling U.S. EV transition. And yet representatives of Tesla – by far the nation’s largest EV seller – have told a Trump-transition committee they support ending the subsidy.”