POLITICO Energy

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