POLITICO Energy

Geothermal energy — the technology that harnesses the heat beneath the Earth’s crust — is poised for growth due to an influx of federal funding, advances in technology, state incentives and interest from the Biden administration and the oil and gas sector. POLITICO’s Kelsey Tamborrino breaks down why geothermal energy is drawing fresh interest now and the different regulatory, financial and technological obstacles it still faces. Plus, the Senate passed a $1.7 trillion government funding bill on Thursday, sending the package to the House for approval today ahead of a midnight deadline. Josh Siegel is an energy reporter for POLITICO. Kelsey Tamborrino is a reporter covering clean energy. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Monday, an influential New York panel adopted a road map of climate and clean energy measures designed tohelp the state meet its ambitious green goals. But several concerns remain about the implementation of New York’s plan. POLITICO’s Marie French breaks down the state’s new climate effort and unanswered questions. Plus, environmental groups are suing the Interior Department to stop the planned Cook Inlet oil lease sale. Josh Siegel is an energy reporter for POLITICO. Marie J. French covers energy and the environment for POLITICO New York. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

California Gov. Gavin Newsom and the state’s aggressive policies to transition off fossil fuels are posing a growing threat to the state’s oil industry – and a new tax on refining is the latest front in the battle. But the industry says it isn’t giving up without a fight. POLITICO’s Wes Venteicher breaks down why Newsom and the oil industry are on a major collision course. Plus, inside the energy and climate toplines in the $1.7 trillion year-end omnibus spending package released by senior lawmakers early Tuesday. Josh Siegel is an energy reporter for POLITICO. Wes Venteicher covers climate and energy energy news in California for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

European officials have been critical of the clean energy subsidies in the Inflation Reduction Act. But that criticism has raised eyebrows in Washington, where officials say the law does exactly what Europe has long pressed the United States to do: get serious about fighting climate change. POLITICO’s Karl Mathiesen breaks down the European outrage over the IRA, America’s response, and how the legislation could actually influence European decarbonization policies. Plus, a new proposal from the Department of Energy aims to strengthen efficiency standards for lightbulbs. Josh Siegel is an energy reporter for POLITICO. Karl Mathiesen is the senior climate correspondent for POLITICO Europe. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Oil and chemical companies are investing in chemical recycling, aided by favorable laws passed primarily by GOP-controlled state legislatures. These companies say the technology can help address the country’s plastics crisis by increasing recycling rates and reducing the amount of waste dumped into landfills and polluting the world’s waterways. But environmental groups argue that the pollutants released by the process could be dangerous enough to negate any potential benefits. POLITICO’s Jordan Wolman breaks down the pros and cons of chemical recycling. Plus, the Biden administration is set to start refilling Strategic Petroleum Reserve. Josh Siegel is an energy reporter for POLITICO. Jordan Wolman is a sustainability reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Thursday, FERC Chair Richard Glick said he will depart the agency at the end of the year when the Senate adjourns. Glick’s long-anticipated exit will leave behind a 2-2 deadlock on the commission, which could delay progress on the agency’s ambitious transmission agenda and impact consideration of environmental justice and climate change factors in the permitting process. POLITICO’s Catherine Morehouse breaks down why Glick is leaving and how it impacts FERC. Plus, Senator Joe Manchin's permitting push suffered a final defeat in a Senate vote Thursday. Josh Siegel is an energy reporter for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nine east coast states on Monday released a plan to create a fund that would compensate fishing interests for losses related to offshore wind development. These fishing interests are worried that the wind farms will hurt their profitability and create more competition. But some states like New York and New Jersey — along with the Biden administration — are hoping to use the clean energy generated from these wind farms as part of their ambitious plans to combat climate change. POLITICO’s Ry Rivard breaks down the plan and what’s at stake if it falls apart. Plus, California is poised to cut incentives for rooftop solar today. Josh Siegel is an energy reporter for POLITICO. Ry Rivard covers energy, the environment and transportation in New Jersey for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

After decades of research, US scientists can now create a nuclear fusion reaction that produces more energy than the reaction requires. The breakthrough means that decades from now, nuclear fusion could become a source of clean, inexpensive energy that doesn’t create long-lived radioactive waste or worsen global warming. However, the technology still faces many obstacles to commercial use, namely money. POLITICO’s Ben Lefebvre and Josh Siegel break down what to know about DOE’s experiment and how lawmakers are reacting. Plus, Senate Majority Leader Chuck Schumer vows to vote on a permitting proposal as an amendment to the National Defense Authorization Act. Josh Siegel is an energy reporter for POLITICO. Ben Lefebvre is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Last month, New York passed the first partial ban on cryptocurrency mining in the nation, which is sending ripple effects throughout the digital currency industry and also encouraging environmentalists to push for similar measures across the nation. POLITICO’s Marie French breaks down the ban and what it means for New York, environmentalists and the industry overall. Plus, a new report from EPA says the average fuel economy of 2021 model vehicles sold in the U.S. remained flat as purchases of less efficient vehicles have ramped up. Josh Siegel is an energy reporter for POLITICO. Marie J. French covers energy and the environment for POLITICO New York. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

European and Asian allies are furious at the Biden administration for being cut out of the lucrative U.S. tax credits for electric vehicles. While President Joe Biden has promised to address the situation, he’s pretty limited in what he can do. And congressional Democrats say they have no regrets. POLITICO’s Steven Overly breaks down why Democrats are unrepentant as US trading partners fume over the EV credits. Plus, the House Oversight Committee has accused oil companies of ‘lying’ about climate actions. Josh Siegel is an energy reporter for POLITICO. Steven Overly is a global trade and economics Reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

After Democrats failed for a second time to pass permitting reforms, finger pointing on the Hill is in full swing. Democrats blame the GOP for the latest collapse and argue that they offered significant compromises to broker a deal. But, those compromises weren’t enough for Republicans, especially regarding transmission. POLITICO’s Catherine Morehouse breaks down why transmission was a sticking point in permitting negotiations for Democrats and Republicans. Plus, Special Climate Envoy John Kerry said people are “exploiting” the war in Ukraine and the surge in energy prices this year to push for more fossil fuel use. Josh Siegel is an energy reporter for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

For the second time in three months, Democratic leaders tried and failed to pass energy permitting reform, this time in an ill-fated attempt to attach it to the must-pass National Defense Authorization Act. POLITICO’s Josh Siegel breaks down the latest effort than foundered in the face of Republican and progressive opposition to the measure, and what’s next. Plus, the Biden administration’s third offshore wind auction and first-ever off the West Coast raked in over $757 million in bids. Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

For months, the United States and European Union have tried to work out a solution over the new electric vehicle tax credit in the Inflation Reduction Act that European officials argue threatens their auto industry, which is already struggling with high energy costs and the possibility of a recession. POLITICO’s Doug Palmer breaks down the chances that the European Union and United States can work out the EV dispute by the new year. Plus, the Interior Department has agreed to conduct a new environmental review of a Trump-era oil lease sale in California. Josh Siegel is an energy reporter for POLITICO. Doug Palmer is a senior trade reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

The European Union, United States and G-7 nations are trying to squeeze Russia’s massive fossil fuel revenue through newly-enacted sanctions to punish Moscow for its invasion of Ukraine. The European Union’s ban on the import of seaborne Russian crude oil went into effect on Monday, along with a $60-a-barrel price cap on Russian oil shipped to the rest of the world. POLITICO Europe’s Chief UK Correspondent Charlie Cooper breaks down the latest Russian sanctions, how Moscow is privately and publicly responding, and how these moves could impact the energy markets. Plus, the Environmental Protection Agency has proposed closing a reporting loophole for PFAS chemicals. Josh Siegel is an energy reporter for POLITICO. Charlie Cooper is the Chief UK correspondent at POLITICO Europe. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Friday, the Commerce Department said four Chinese solar companies were routing products through Southeast Asian countries in order to evade tariffs. The investigation has worried solar companies in the U.S. that fear they won’t get the imported panels they need for their projects, but Commerce’s findings included key exceptions that could blunt the short-term impact on the sector. POLITICO’s Kelsey Tamborrino breaks down Commerce’s decision. Plus, the U.S. Court of Appeals for the D.C. Circuit sent a transmission case back to FERC in a win for renewables. Josh Siegel is an energy reporter for POLITICO. Kelsey Tamborrino is a reporter covering clean energy. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

FERC Chair Richard Glick recused himself from a major clean energy order this week, signaling he may be leaving his position at the regulatory agency. Former commissioners and agency officials have told POLITICO that the recusal could be driven by a desire to avoid conflicts of interest with potential future endeavors. Glick was renominated to FERC by President Joe Biden after his term expired in June, but has not received a Senate hearing amid opposition from Sen. Joe Manchin. POLITICO’s Josh Siegel and Catherine Morehouse discuss the recusal, the possibility of Manchin changing his mind and how other Democrats are reacting to a potential FERC split. Plus, a New Jersey town received the first grant from a new FEMA program to reduce flood risk. Josh Siegel is an energy reporter for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Retiring Rep. Fred Upton has been a major player in the energy and climate space for years, previously chairing the powerful House Energy and Commerce Committee and soon leaving behind a record of bipartisan legislation. The Michigan Republican sat down with POLITICO Energy‘s Josh Siegel to reflect on Upton’s 36-year tenure in the House, what he thinks about the current energy crisis and what a GOP-led House could do on energy policy. Josh Siegel is an energy reporter for POLITICO. Rep. Fred Upton represents Michigan’s 6th congressional district in Congress. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Starting next year, Congress will need to pass the farm bill, a large funding bill renewed every five years that has a major impact on the agriculture industry and farmers' livelihoods. Democrats are fighting to make farming more climate-friendly - a proposition Republicans are likely to reject. A farming practice called regenerative agriculture might satisfy both parties’ interests. POLITICO’s Garrett Downs explains regenerative agriculture and its bipartisan appeal. Plus, the Treasury Department has unveiled labor guidance for companies seeking clean energy tax credits under the Inflation Reduction Act. Josh Siegel is an energy reporter for POLITICO. Garrett Downs is a food and agriculture reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

While billions of new federal tax dollars are earmarked to help people leave climate vulnerable areas, a POLITICO investigation found that those programs often fail because of inconsistencies and bureaucracy. But Washington needs to create a solution soon since the impact of natural disasters on real estate, public infrastructure, and insurance is increasing. POLITICO’s Zack Colman discusses how the city of Tulsa, Oklahoma has tried to mitigate the risk and if the federal government is ready to confront how climate change is impacting housing. Plus, the Interior Department proposed a new rule aimed at reducing the venting and flaring of methane from oil and gas production on federal lands. Josh Siegel is an energy reporter for POLITICO. Zack Colman covers climate change for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Puerto Rico’s fragile power system, which is still recovering from multiple hurricanes and years of electricity problems, faces important deadlines this week that could determine which entities are responsible for restoring the grid. POLITICO’S Gloria Gonzalez breaks down how the grid operator and Puerto Rico’s government are responding, and why the island’s power grid faces an uncertain future. Kelsey Tamborrino is a reporter covering clean energy. Gloria Gonzalez is the Deputy Energy Editor at POLITICO Pro. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Beneath the northeastern Minnesota woods lie massive deposits of copper, nickel and cobalt that the Twin Metals company wants to mine. Mining those critical minerals would help the clean energy industry grow to meet the Biden administration’s climate change goals. But the administration has rejected plans to build the mine because of risks to the environmentally sensitive site – a decision that has drawn charges of hypocrisy from Republicans. POLITICO’s Catherine Morehouse breaks down the politics behind the stalled Minnesota mining project. Plus, the Biden administration has approved an oil export terminal in the Gulf of Mexico over some local environmental and public health concerns. Josh Siegel is an energy reporter for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Last week, California’s air quality regulation agency laid out steps for the state to reach carbon neutrality by 2045 that lean on clean energy, driving, carbon capture, and forestry. However, state officials have acknowledged that some of those goals are potentially unreachable, and environmental groups have argued that the plan isn't doing enough. POLITICO’s Camille von Kaenel breaks down the takeaways from California's new climate plan and what greens are asking for. Plus, EPA has floated a significant increase to the contested social cost of carbon. Josh Siegel is an energy reporter for POLITICO. Camille von Kaenel is a Calfironia environmental reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

The United Nations climate change conference, COP27, finished Sunday with a historic deal to create a global loss and damage fund. That new pool of money would be collected from richer nations that have historically contributed to climate change and distributed to countries that have already suffered irreversible climate damage. But, even though the agreement was considered a huge win, climate advocates still weren’t totally pleased since the final text also included a nod to natural gas. POLITICO Europe’s Karl Mathiesen breaks down his main takeaways from COP27, the details of this historic deal, and how climate advocates are reacting. Josh Siegel is an energy reporter for POLITICO. Karl Mathiesen is the senior climate correspondent for POLITICO Europe. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Environmental Protection Agency announced on Thursday that a troubled oil refinery on St. Croix in the U.S. Virgin Islands, which shut down last year after raining oil droplets on the island's majority-Black residents, may take years to meet new permitting requirements to restart operations. POLITICO’s Alex Guillén breaks down the backstory of the plant, what EPA says needs to be done before it can restart, and the Biden administration’s environmental justice concerns. Plus, the North American Electric Reliability Corporation says that the U.S. power grid faces 'unprecedented' reliability risks this winter. Josh Siegel is an energy reporter for POLITICO. Alex Guillén is an energy reporter for POLITICO Pro. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

At the climate change talks in Egypt on Wednesday, the European Union signaled openness to discussing the creation of a new loss and damage fund. The fund, which developing nations have been calling for, would create a new pool of money to disburse to poor countries that have suffered irreversible climate damage. After the EU’s new stance, the spotlight is now on the United States, which has been less clear on its position. POLITICO’s Zack Colman breaks down the state of negotiations for the loss and damage fund and if the European Union’s new stance shifts the momentum. Plus, EPA’s watchdog has launched two probes into the Jackson water crisis. And, Ukraine has warned its allies that it may not be able to recover from more Russian attacks on the country’s energy systems. Josh Siegel is an energy reporter for POLITICO. Zack Colman covers climate change for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

If Republicans win a narrow majority in the House as expected, a select group of GOP lawmakers will wield significant power as committee chairs for the next two years. According to their own words, those House Republicans plan to conduct a lot of oversight of Democrats’ energy and climate spending, the Biden administration’s green policies, and the Cabinet officials implementing them. POLITICO’s Kelsey Tamborrino breaks down what House GOP committee chairs plan to do and the actual impact on the administration. Plus, the Nuclear Regulatory Commission’s newest regulator says the U.S. cannot ignore its nuclear waste problem as it looks to build new plants to help solve the climate crisis. Josh Siegel is an energy reporter for POLITICO. Kelsey Tamborrino is a reporter covering clean energy. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Friday, President Joe Biden boasted how his administration has taken “unprecedented” climate actions at home and abroad during a speech at COP27 in Egypt. But officials from developing countries remain skeptical that the United States will be able to deliver on the president’s pledges, with Biden facing an unsettled political situation at home following last week’s midterm elections. POLITICO’s Zack Colman breaks down the president’s climate message to the world, new actions he announced and what skeptics are saying. Plus, the Environmental Protection Agency’s plan to sharply curb methane leaks from the oil and gas sector calls for more inspections and tightened restrictions to reduce flaring of the gas. Josh Siegel is an energy reporter for POLITICO. Zack Colman covers climate change for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

West Virginia Democrat Sen. Joe Manchin, the Senate Energy and Natural Resources Committee Chair, won’t hold a hearing this year on the nomination of Federal Energy Regulatory Commission Chair Richard Glick. Glick can still serve until the end of the year, but Manchin’s decision could deal a potentially major blow to FERC, a regulatory body that’s crucial to President Joe Biden’s climate agenda. POLITICO’s Catherine Morehouse breaks down Manchin’s decision and its impact on FERC and Biden’s green goals. Plus, Trump Interior Secretary Ryan Zinke, whose tenure was plagued with scandals, will represent Montana in Congress next year. Josh Siegel is an energy reporter for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

In order to pass new energy permitting rules, Republicans will need to consider whether to work with Democrats in the lame-duck Congress or push their own plan in the next term if they succeed in taking control of the House. POLITICO’s Josh Siegel breaks down the paths forward for permitting legislation and why Republicans may not seek a compromise. Plus, environmental groups are calling on Democrats to press ahead with ambitious climate policies after they outperformed expectations in the midterm elections. Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Far right or populist leaders across the world have co-opted climate change and made it part of their culture wars. They say the ongoing energy crisis was exacerbated by international institutions and green policies being promoted at global climate conferences like COP27. That’s alarmed green advocates, who say populism poses a major threat to addressing global warming. POLITICO’s Matt Daily breaks down the far right’s message and who is buying into it. Plus, it’s still unclear after Tuesday’s midterm elections who will control both the House and Senate. Josh Siegel is an energy reporter for POLITICO. Kelsey Tamborrino is a reporter covering clean energy. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

COP27, the 27th annual United Nations Climate Change Conference, kicked off on Sunday, and the U.S. appears to be showing a new willingness to pay loss and damage to nations already suffering from the ravages of climate change. But the stance appears to be predicated on one big caveat: China should also contributes, since it’s the leading greenhouse gas emitter and is expected to be so for decades. POLITICO’s Zack Colman breaks down why the U.S. is now willing to pay climate reparations and what climate vulnerable countries are demanding. Plus, it’s Election Day and here’s what to expect for energy policy if Republicans take the House back. Josh Siegel is an energy reporter for POLITICO. Zack Colman covers climate change for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Consumers across the country are footing the bill for billions of dollars in transmission upgrades. And yet, many state regulators have little insight into how that money is actually being spent, particularly regarding local and small transmission projects. That’s leading FERC and utilities to clash about how much oversight there should be. POLITICO’S Catherine Morehouse breaks down why regulators are starting to pay more attention to how small power lines are built and the implications for U.S. consumers. Plus, Canada has teased two new clean technology tax credits in response to the Inflation Reduction Act. Josh Siegel is an energy reporter for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

COP27 kicks off Sunday in Egypt, where countries will dig into climate finance, reparations and impactful green commitments at the annual UN summit. POLITICO’s Zack Colman recaps where things stand after last year's climate conference and the major upcoming themes to expect in this year’s negotiations. Plus, a new report from the Government Accountability Office rebuked EPA and DOE over its small refiner biofuel exemptions. Josh Siegel is an energy reporter for POLITICO. Zack Colman covers climate change for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

New Jersey environmental regulators released a flood rule last week that shows the state is trying to balance construction interests and environmental concerns. It aims to beef up building standards to protect communities and better prepare for extreme weather. But it also includes an exemption for the state’s Department of Transportation, New Jersey’s largest builder. POLITICO’s Ry Rivard breaks down how construction and green interests are colliding in New Jersey. Plus, U.S. clean power growth slides to lowest level in three years, according to new data from the American Clean Power Association. Josh Siegel is an energy reporter for POLITICO. Ry Rivard covers energy, the environment and transportation in New Jersey for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Republicans have blamed President Joe Biden for the jump in gasoline prices that have plagued drivers this year. But a POLITICO review of federal data shows that compared to the early months of the Trump administration, Biden’s Interior Department has approved new oil and gas wells at a far faster clip produced more crude oil over the same period. POLITICO’s Ben Lefebvre breaks down that data. Plus, Republican members on the Federal Elections Commission blocked it from sanctioning a Russian-funded Texas energy company for campaign donations to Louisiana lawmakers. Josh Siegel is an energy reporter for POLITICO. Ben Lefebvre is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

As the November midterm elections approach, Republicans are predicted to take back the House and potentially the Senate. POLITICO’s Josh Siegel discusses what House GOP lawmakers might prioritize in terms of energy policy and the broader limits the party faces. Plus, President Joe Biden urged Congress on Monday to hike taxes on oil and gas companies' record profits but did not endorse a specific proposal. Josh Siegel is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Lawmakers on both sides of the aisle are rattled because of a recent energy trend: Chinese energy companies snapping up American natural gas exports, purchasing nearly half the cargoes that U.S. companies agreed to ship in the last year. And some of those companies are actually working against U.S. interests. POLITICO’s Gavin Bade breaks down why lawmakers are growing more concerned, what they are proposing to do, and how this trend could potentially fuel a new clash between the two global powers. Plus, the Interior Department is moving to cut Colorado River deliveries next year. Josh Siegel is an energy reporter for POLITICO. Gavin Bade is a trade reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Biden administration officials are holding several meetings over next several days with European energy officials to discuss two major topics: how to keep energy flowing to Europe and how to ease growing tensions about the United States’ role as the continent’s leading gas supplier. While Europe has turned to the U.S. to help with its energy needs after Russia’s invasion of Ukraine, the continent is wary of relying on U.S. supplies. POLITICO’s Ben Lefebvre discusses why these meetings are being held and what both the United States and Europe hope to accomplish. Plus, the International Energy Agency’s new landmark report says Russia’s invasion of Ukraine marks a ‘turning point’ for global fossil fuel demand and could accelerate the world’s green transition. Josh Siegel is an energy reporter for POLITICO. Ben Lefebvre is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Senate Democrats have privately urged SEC chairman Gary Gensler to consider additional feedback on a variety of regulations that are making Wall Street nervous. That includes the commission’s climate risk rule, which would require companies to disclose their greenhouse gas emissions and be held accountable for their climate promises. POLITICO’s Declan Harty breaks down why moderate Democrats are pushing the commission to slow down and what might happen next with the climate risk disclosure rule. Plus, General Motors CEO Mary Barra said the company’s electric vehicles will qualify for full federal tax credits within three years. Josh Siegel is an energy reporter for POLITICO. Declan Harty is a reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

A group of congressional Democrats is calling on JPMorgan Chase and Wells Fargo to stop working with the conservative State Financial Officers Foundation, which Democratic lawmakers say spreads misinformation about sustainable and green investing. POLITICO’s Jordan Wolman discusses why this issue is attracting attention from Democrats, how influential the foundation has been across the country and the response from banks as they navigate accusations about their ESG policies from Democrats and Republicans. Plus, Special Climate Envoy John Kerry and his Chinese counterpart have directly communicated in recent days but climate talks between the countries remain in “limbo.” Josh Siegel is an energy reporter for POLITICO. Jordan Wolman is a sustainability reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

The trade relationship between the United States and South Korea is under new pressure as the Biden administration implements its tax credits for electric vehicles from the recently passed Inflation Reduction Act. POLITICO’s Steven Overly discusses how the domestic production and content portions of those credits is angering South Korea and how the Biden administration is responding. Plus, the Federal Energy Regulatory Commission rejected a challenge by environmentalists to the agency’s August decision to give the embattled Mountain Valley Pipeline more time to complete construction. Josh Siegel is an energy reporter for POLITICO. Steven Overly covers the intersection of trade and technology policy for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Americans should brace for steep winter power bills as demand for natural gas has spiked globally, according to the Federal Energy Regulatory Commission. POLITICO’s Catherine Morehouse breaks down why the Biden administration has limited options to lower those bills. Plus, the state of Missouri loses its challenge to President Joe Biden’s social cost of carbon. Josh Siegel is an energy reporter for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Democrats on the campaign trail are blasting oil companies for high gasoline prices and accusing Republicans of being too cozy with Big Oil. But that messaging strategy is overshadowing Democrats’ major legislative achievement this Congress: the $369 billion climate bill that President Joe Biden signed into law just two months ago. POLITICO’s Josh Siegel breaks down the reasons for that strategy, whether it’s effective and how Republicans are responding. Plus, EPA has proposed a new rule that will reduce the use of hydrofluorocarbons, a group of chemicals that are significant contributors to global warming, by 40 percent. Josh Siegel is an energy reporter for POLITICO. Kelsey Tamborrino is a reporter covering clean energy. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Biden administration announced on Wednesday that its continuing to release oil from the Strategic Petroleum Reserve in an effort to bring down gas prices before the November midterm elections. But the administration is holding back on more dramatic and riskier actions while also facing criticism over gas prices from Republicans. POLITICO’s Ben Lefebvre breaks down the White House’s latest moves. Plus, the Biden administration announced $2.8 billion in grant awards to support domestic electric vehicle battery production. Josh Siegel is an energy reporter for POLITICO. Ben Lefebvre is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Minnesota’s grid regulator and the state utility, Xcel Energy, are at odds over a $197 million proposal to build out hundreds of electric vehicle charging stations across the state. This battle is seen as the first big test case for whether EV charging stations should be in public or private hands. POLITICO’s Catherine Morehouse talks about why regulators put the brakes on the proposal and the broader implications this fight may have as the nation looks to transition away from fossil fuel-burning vehicles. Plus, the Biden administration is expected to tap oil from the Strategic Petroleum Reserve again ahead of the midterm elections. Josh Siegel is an energy reporter for POLITICO. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

The recent controversial remarks from the World Bank’s president David Malpass, in which he repeatedly dodged questions about climate science, may have given climate advocates and several western countries an opening to force the institution to adopt stronger green policies. But some countries, particularly in Africa, are skeptical of those changes. POLITICO’s Zack Colman discusses issues raised by the Malpass episode, and how the World Bank is defending itself. Plus, two House committees are probing Mississippi’s water spending amid allegations that the Republican-led state withheld resources from the predominantly Black city of Jackson. Josh Siegel is an energy reporter for POLITICO. Zack Colman covers climate change for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

Last month, when Hurricanes Ian and Fiona made landfall, they knocked out power for 2.7 million people in Florida along with the entire island of Puerto Rico. But residents who relied specifically on solar power during the storms say their systems performed well and were critical to keeping the lights on. That success could help solar supporters dealing with regulatory and legislative battles around the country. POLITICO’s Kelsey Tamborrino and Catherine Morehouse discuss why solar power flourished during these recent storms, how industry is reacting, and the political challenges solar power still faces in Florida and Puerto Rico. Plus, the White House is expected to announce additional action this week to help bring down gas prices. Kelsey Tamborrino is a reporter covering clean energy. Catherine Morehouse is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s been almost a decade since Hurricane Sandy devastated several Northeastern states, causing nearly $82 billion in damages and over 100 deaths. And according to a new report, New York City, which was one of the hardest hit places, has only spent nearly a quarter of the $15 billion it received in emergency relief. POLITICO’s Danielle Muoio Dunn breaks down why the recovery efforts in New York are taking so long and what city officials are recommending to not only recover but also prepare for the next storm. Plus, FERC Chair Richard Glick says he's optimistic he'll get a confirmation hearing by the end of the year because of reassurances from Senate Majority Leader Chuck Schumer and the White House. Josh Siegel is an energy reporter for POLITICO. Danielle Muoio Dunn is a City Hall reporter for POLITICO New York Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department. Learn more about your ad choices. Visit megaphone.fm/adchoices