POLITICO Energy

On Wednesday, Federal Reserve regulatory czar Michael Barr announced that next year, the central bank will launch a pilot exercise that assesses how climate change might affect the nation’s financial system. POLITICO’s Victoria Guida breaks down the Fed’s plan and how it fits into the Biden administration’s climate agenda. Josh Siegel is an energy reporter for POLITICO. Victoria Guida is an economics reporter covering the Federal Reserve 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 Biden administration has revamped its climate team, promoting Ali Zaidi to national climate adviser after Gina McCarthy announced that she is leaving her post at the end of next week. John Podesta, a former climate adviser in the Obama administration, will also join as the senior adviser for clean energy innovation and implementation. POLITICO’s Zack Colman breaks down Biden’s new climate team and why these moves come at a critical time for the Biden administration’s climate strategy. 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

As both winter and the November midterm elections approach, the Biden administration faces another politically ill-timed headache from the energy markets: rising natural gas prices. POLITICO’s Catherine Morehouse explains why prices are rising, how they will impact consumers, and the response from the Biden administration and Congress. 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

Democratic leaders made a political compromise with Senator Joe Manchin to get his support for the Inflation Reduction Act: pass the bill now and the party will vote on separate legislation that would speed federal infrastructure permits for both clean energy and fossil fuels. But that bill is dividing Democratic lawmakers, clean energy groups and green activists. POLITICO’s Josh Siegel breaks down why Democrats and their allies are so divided over permitting and the timeline the party is working with to pass that legislation. 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 Thursday, California voted to ban the sale of new gasoline-powered vehicles by 2035. That ban could pave the way for other states to adopt the requirement, overhauling the nation’s auto industry and market. POLITICO’s Camille von Kaenel breaks down the ban, how it could impact the rest of the country, and how automakers are adjusting. 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

Tucked deep inside the Inflation Reduction Act is a provision that some legal experts are claiming expands the EPA’s authority to regulate greenhouse gas emissions. But other commentators say that’s not quite so, and that the law did little to address the Supreme Court’s June ruling limiting the EPA’s climate authority over power plants. POLITICO’s Alex Guillén breaks down what this climate provision could mean for the EPA’s authority and legal challenges to regulations going forward. Josh Siegel is an energy reporter for POLITICO. Alex Guillén is an energy reporter for POLITICO Pro.Kara Tabor is an audio producer 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

Two private companies recently backed out of drilling leases in Alaska’s Arctic National Wildlife Refuge, leaving the state of Alaska as the only remaining lease holder in the protected wilderness area. Contributing reporter Adam Federman explains why Alaska is the sole entity still holding rights to drilling acreage and how the Biden administration has discouraged future drilling in ANWR. Josh Siegel is an energy reporter for POLITICO. Adam Federman is a contributing writer 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 Inflation Reduction Act signed into law by President Joe Biden may mark the start of a new clean energy arms race between the U.S. and China — a dream of climate advocates for decades. POLITICO’s Zack Colman explains.  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

After President Joe Biden signed the Inflation Reduction Act into law last week, most Democratic allies were celebrating — with the notable exception of advocates for low-income and minority communities. They say that once again the needs of those environmental justice communities have been sacrificed for political compromise. POLITICO’s Zack Colman explains why these advocates are unhappy with the law and what their priorities are moving forward. 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

There are billions of dollars in clean energy tax incentives in the Inflation Reduction Act that President Joe Biden signed into law on Tuesday – and for the first time they will be accessible to cities, nonprofits, public power utilities and rural electric cooperatives that are usually excluded from using tax credits for clean energy. POLITICO’s Catherine Morehouse explains why green energy incentives aren’t just for big utilities anymore and what this means for electricity providers across the country. 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