Source: The Verge
After years of climate policy momentum, the U.S. is now investing more heavily in gas plants, pipelines, and refinery expansions than at any point since the early 2010s. The shift reflects political uncertainty around clean energy subsidies and the persistently cheap economics of natural gas. Infrastructure built today locks in decades of emissions and capital flows, narrowing the window to redirect that investment. The slowdown in renewables deployment suggests that growth rates assumed in climate pledges were overstated, and that political coalitions supporting decarbonization are weaker than they appeared during peak ESG enthusiasm.