Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.
The logic at play is simple: New restrictions in the National Petroleum Reserve won’t raise pump prices this summer but could motivate the younger voters the president needs.
Biden’s climate envoy just foreshadowed the end of the WTO as the US rewrites international rules to limit both carbon emissions and Chinese dominance of key industries.
The EV company keeps pushing its “next phase of growth” message, but it’s getting harder to look past a slump in vehicle sales and its unexciting lineup.
Efforts to fight global warming are stronger now than the first time the former president attacked them, but he could still do significant damage from the White House.
The automaker is part traditional manufacturer, part successful fleet business and part money-losing EV startup. That has unexploited value written all over it.