A.M. Edition for April 25. President Trump directs the Justice Department to investigate the ActBlue fundraising platform, in an extraordinary effort to take on the opposing party. This as the administration faces a fresh round of legal challenges to its policies. Plus, CEO’s sound the alarm over tariff-induced uncertainty. And after the Trump administration pledges to curb a transition to renewable energy, the U.S. and Europe present contrasting ideas on energy security. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
What is President Trump's target in Democratic fundraising?
But I think that we have to stick to our strategy, which aims at gaining sovereignty in every dimension, and especially when it comes to energy.
Veraci told me that sovereignty comes from staying local. In France's case, cutting ties with Russian gas, not deepening its dependence on U.S. gas, and trying to end reliance on clean energy technology from China. And that trend of staying local is one that Fatih Birol, the executive director of the International Energy Agency, said.
Said explains many of the energy security policies he heard this week.
Countries are more and more inclined to increase their domestic energy production as much as possible. In some cases, it is a nuclear power. In some cases, natural gas. In some cases, it is the solar or wind and others in order to reduce reliance on other countries as the world is becoming a dangerous place nowadays.
Corporate leaders told us they're seeing this shift too. Laurent Odeh is the chief commercial officer for nuclear energy giant Yarenko, and Andreas Schierenbeck is the CEO of power grid equipment maker Hitachi Energy.
We see a revival in Europe, I think, on the back of energy independence and energy security. And the beauty of nuclear is, you know, it's carbon-free electricity, but it's also baseload power that runs 24-7.
Three, four years ago, energy safety, security and resilience was not really on the agenda. It was more the concern about energy prices and sustainability. I think that has changed lately from a political and from a technical point of view.
The stakes are high as Europe pursues energy sovereignty and decarbonization. But across the developing world, there is a sense that energy security cannot afford to get too tied up in geopolitical rivalries. Enya Listiani-Dewey is Indonesia's Director General for New Renewable Energy and Energy Conservation.
Just hours before she spoke to us, Indonesia proposed closing its trade deficit with Washington by buying U.S. goods, including American oil and gas. But as the country races to improve living standards for the world's fourth-largest population, it's not letting go of Beijing, the source of its renewable supply chain.
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