** The Trump administration announced a wave of regulatory rollbacks on Wednesday including a repeal of Biden-era emissions limits on power plants and automobiles, as well as reduced protections for waterways.
** The U.S. Environmental Protection Agency said on Wednesday it is starting efforts to reverse the Biden administration’s vehicle emissions rules that would force automakers to build a rising number of electric vehicles.
** A federal judge Wednesday lambasted the Environmental Protection Agency’s cancellation of $20 billion in climate grants after the Trump administration was unable to offer any evidence of wrongdoing.
** Maryland lawmakers have introduced a bill in the state legislature that sponsors say would provide an easier path to build new power plants, including natural gas-fired facilities, and lower utility bills for ratepayers as part of the process.
** A Norwegian company cites “new market conditions” as it pauses plans for a $400 million metro Detroit hydrogen gigafactory that had secured $200 million in state and federal incentives.
World
** Gazprom is arguably the Russian business hardest hit by the international sanctions imposed after Russia’s full-scale invasion of Ukraine three years ago. The number of staff at Gazprom Export, once the most prosperous unit of the company, overseeing Soviet and Russia’s gas sales to Europe for over half a century, has shrunk to just a few dozen employees, the same two sources told Reuters.
** Northvolt, the electric vehicle battery maker founded by two former Tesla executives, has reached the end of the road after failing to secure additional funding. The Swedish company’s board announced the bankruptcy on Wednesday, saying that it had “explored all available means to secure a viable financial and operational future.”