POLITICO Energy

International climate negotiators finally reached an agreement this weekend on how to set up a fund that would help developing nations recover and rebuild from the impacts of climate change. But no one’s happy with the compromise agreement. POLITICO’s E&E News reporter Sara Schonhardt breaks down the highlights of the deal, why it pleased no one and what it means for the upcoming United Nations climate talks. Plus, the leaders of the Federal Energy Regulatory Commission and the North American Electric Reliability Corporation are warning against closing a liquified natural gas terminal in New England.  For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.Sara Schonhardt is an international climate reporter for E&E News.Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Treasury Department is expected to roll out long-awaited guidance interpreting a key piece of the Inflation Reduction Act’s electric vehicle tax credit in the coming weeks. And with these rules, the Biden administration must balance its EV adoption goals and congressional pressure to crack down on China. POLITICO’s James Bikales breaks down Treasury's complicated dilemma, along with the political and climate stakes. Plus, the House on Friday passed an Interior-EPA funding bill with steep cuts. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.James Bikales is the host of Morning Energy and a reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. Learn more about your ad choices. Visit megaphone.fm/adchoices

Starting today, world governments are making a last-ditch effort to save a historic agreement that supports victims of climate disasters. But countries are at odds over key details, which could derail the agreement and the upcoming United Nations climate summit in Dubai. POLITICO’s E&E News Sara Schonhardt breaks down the tense climate negotiations and why getting it done before COP28 is so important. Plus, three Republican senators introduced legislation Thursday that would impose a fee on products imported from high greenhouse gas-emitting countries. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.Sara Schonhardt is an international climate reporter for E&E News.Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. Learn more about your ad choices. Visit megaphone.fm/adchoices

Orsted announced Tuesday it would cancel two of its largest offshore wind projects in New Jersey, a major setback for President Joe Biden and Democrats’ clean energy ambitions. POLITICO’s Ry Rivard breaks down why Orsted pulled out, how it impacts the offshore wind industry, and the political fallout. Plus, the Treasury Department’s Federal Insurance Office is moving ahead with a revised proposal to collect data from property insurers on climate risks.  For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.Ry Rivard covers energy, the environment and transportation in New Jersey for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. Learn more about your ad choices. Visit megaphone.fm/adchoices

The United Auto Workers union has reached tentative contract agreements with Detroit’s Big Three automakers, marking the end of a difficult chapter for President Joe Biden and a major moment in America’s electric vehicle transition. POLITICO’s James Bikales breaks down what the union won in the negotiations and the impact on the president’s political and EV goals. Plus, the Biden administration approved the construction of the largest offshore wind project ever in the United States on Tuesday.  For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.James Bikales is the host of Morning Energy and a reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Environmental Protection Agency is facing pressure to use a powerful and far-reaching air pollution program to regulate and reduce greenhouse gases. POLITICO’s Alex Guillén breaks down the latest push, the opposition, and where the Biden administration might stand. Plus, the Department of Energy is sending $1.3 billion to help bolster power infrastructure across six states. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.Alex Guillén is an energy reporter for POLITICO Pro. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s been less than a week since Rep. Mike Johnson (R-L.A) was confirmed as House speaker, but the chamber has actually been quite busy on energy policy. POLITICO’s Kelsey Tamborrino breaks down the latest energy legislation in the House and what it means for the upcoming scramble to keep Congress funded and avert a government shutdown. Plus, the United Arab Emirates will not repeat as the host of UN climate talks in 2024. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.Kelsey Tamborrino is a reporter covering clean energy for POLITICO.Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. Learn more about your ad choices. Visit megaphone.fm/adchoices

New House Speaker Mike Johnson (R-La.), a climate change skeptic who hails from a top oil and gas-producing state, has a thin record on energy issues. POLITICO’s Ben Lefebvre dives into what the Washington energy world thinks about the Louisiana Republican and what his priorities might look like. Plus, some of Europe’s largest renewable energy and clean tech groups are warning that the continent will fall behind China and the U.S. in key industries. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.Ben Lefebvre is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Alex Keeney is a senior audio producer at POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Department of Energy made a controversial pitch to the fossil fuel industry this week: take our loans and use them to cut your emissions through new technology. So far though, there’s been little interest from the industry, and environmentalists are now upset with DOE’s outreach. POLITICO’s Ben Lefebvre breaks down DOE’s push. Plus, newly minted House Speaker Mike Johnson is already drawing the criticism of environmentalists due to his support from the oil and gas industry.  For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.Ben Lefebvre is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. Learn more about your ad choices. Visit megaphone.fm/adchoices

Negotiations among world governments about how to set up a new international climate fund are deadlocked, and it could threaten progress at next month’s United Nations Climate Change Conference. POLITICO’s Zia Weise breaks down the latest sticking points in the tense negotiations and how it could impact COP 28. Plus, General Motors reported Tuesday it’s losing $200 million per week due to the United Auto Workers strike.  For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switchAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.Zia Weise is a reporter covering climate policy for POLITICO Europe.Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO.Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.   Learn more about your ad choices. Visit megaphone.fm/adchoices