The Trump administration has paused Equinor’s $5 billion energy project in New York, citing concerns over environmental and regulatory issues. This decision reflects a broader trend of increased scrutiny on large-scale energy initiatives during Trump’s tenure. The project, which aimed to enhance renewable energy infrastructure, faced criticism from local communities and environmental groups. The halt underscores the complexities of balancing economic development with environmental protection. Equinor is evaluating its options, including potential legal challenges or revising project plans to meet regulatory standards. This situation highlights the challenges energy companies face in securing approvals for major projects amidst shifting political landscapes. — new from Financial Times