Today: Businesses that trumpeted their emissions goals are in a tricky spot as the administration seeks to rescind an environmental finding; war on wind has a construction crew stuck at sea; oil tycoons' Trump bet pays off.

Welcome back: Business leaders who have been touting their green aspirations for years are now grappling with how to communicate these goals as they find themselves at odds with the Trump administration’s views on climate change. A recent move by the Environmental Protection Agency to roll back a landmark environmental finding has only exacerbated the dilemma, WSJ Pro Sustainable Business's Clara Hudson reports.

While companies typically welcome fewer regulations, the EPA’s assertion that emissions aren’t as bad as previously thought leaves businessses across industries in a tough spot, given their previous positions on climate change and as they talk about lowering their carbon emissions going forward.

Ford Motor was broadly supportive of the EPA’s shift, saying after the EPA announcement that “current standards do not align with the market.” But the company said at the same time that it wants an emissions standard policy to “align with science and customer choice” as well as to reduce carbon emissions. GM has made similar comments about carbon.

Businesses across industries are “in a sticky place because it’s such a fraught time politically,” said Tim Profeta, an executive in residence at Duke University who previously worked at the EPA under President Joe Biden, where he oversaw greenhouse gas regulations. But they “can’t shrink from the inevitability of needing to abate greenhouse gases,” he said.

• Big Oil has a tough balancing act: Help further the Trump “energy dominance” agenda while sticking to its climate goals. (WSJ)

A small army of workers and suppliers on the East Coast face the possibility that an industry for which they spent years preparing could soon disappear, the WSJ's David Uberti and Jennifer Hiller report.

They are caught in the crossfire of President Trump’s war on the offshore wind industry, which recently culminated when officials halted the $5 billion Revolution Wind project. The administration’s stop-work order surprised even the shellshocked clean-energy sector because the development’s skyscraper-sized turbines are largely complete.

The 65-turbine Revolution Wind is set to provide enough power for 350,000 homes in Rhode Island and Connecticut starting next year at less than 10 cents per kilowatt hour for 20 years, well below the region’s current market rate for electricity, although higher than current wholesale prices paid by utilities to generators. It has become the focal point of this fight because developers say it is 80% complete.

• Revolution developer Orsted cut its guidance Friday, a day after it filed a court challenge to the stop-work order. (WSJ)
• How much trouble is the world’s biggest offshore-wind developer in? (Economist)

Oilmen donated tens of millions of dollars to help re-elect President Trump, betting that his pro-fossil-fuel agenda would stave off a long-term shift away from fossil fuels and keep the country hooked on gasoline, the WSJ's Benoît Morenne and Josh Dawsey write.

That wager is paying off.

The Trump administration is opening swaths of wilderness land and federal waters to drilling, approving new terminals to export natural gas and proposing to ax environmental regulations, including an Obama-era rule used to curb emissions from power plants, tailpipes and oil-and-gas production. His One Big Beautiful Bill is expected to hobble renewable-energy projects and stunt the adoption of electric vehicles.

So far, the industry’s policy wins haven’t flowed through to the companies’ bottom lines. But many in the industry say Trump is bestowing so many gifts that a period of lower profits due to tariff costs is probably worth the cost.

• OPEC and its allies agreed to raise oil output further next month, despite broader concerns about a looming supply glut. (WSJ)
• German industrial executives have warned that “green” hydrogen is still far too expensive compared with other fuels. (FT)

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• BMW and Mercedes take on Tesla with new luxury SUVs. (WSJ)
   
• Detroit’s carmakers to save billions in Trump emissions rollback. (Bloomberg)
   
• South Korea says Hyundai plant detainees to go home without being deported. (WSJ)
   
• Swiss Re drops pursuit of SBTi validation for net-zero goals. (ESG Today)
   
• U.K. should stop investing in carbon capture for power, government adviser says. (FT)
   
• The EU’s trade truce with the U.S. is in danger of unraveling. (WSJ)
   
• Why China is becoming a world leader in green energy. (Guardian)
   
• How your company can set an internal carbon price. (Trellis)
   
• Putting climate change into ideological and economic perspective. (Forbes)

WSJ Pro Sustainable Business gives you an inside look at how companies are tackling sustainability. Send comments to bureau chief Perry Cleveland-Peck at perry.cleveland-peck@wsj.com and reporters Clara Hudson at clara.hudson@wsj.com and Yusuf Khan at yusuf.khan@wsj.com. Follow us on LinkedIn at wsjperry, clara-hudson and yusuf_khan.