One day after Trump's inauguration, oil and gas billionaires see their total wealth boosted by more than $3 billion.

New figures from Europe show fossil fuels are being pushed out of the EU’s electricity system, even as Trump orders a halt to renewable energy projects.

On the first day of his Presidency, Donald Trump declared an “energy emergency”. It is part of a raft of measures to boost America’s already colossal fossil fuel production, backed up by claims that the country needs to tackle high energy prices and prepare for increased demand from “the next generation of technology”.

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.

President Trump is preparing to declare a national energy emergency and sign executive orders to boost domestic energy production and reverse Biden's climate policies.

The goal of the a national energy emergency is to reduce energy costs, an incoming White House official told reporters.