POLITICO Energy

The latest news in energy and environmental politics & policy — must-know stories and candid insights from POLITICO’s energy team and journalists across our newsroom. All in just five minutes each morning.

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501
No, the feds aren’t coming for your gas stoves
The Biden administration isn't proposing a federal ban on gas stoves but that didn’t stop conservative pundits and lawmakers from expressing alarm about such a move in the latest fight in the culture wars. POLITICO’s Alex Guillén breaks down why this gas stove issue started, and what the right’s gas stove freakout is really about. Plus, the Interior Department is shaking up which of its agencies will manage renewable energy responsibilities.
7 min
502
Why the DOE might loan millions to a controvers...
Last week, the Department of Energy’s Loan Programs Office conditionally agreed to provide a $700 million loan to a controversial lithium mining project in Nevada. The site would extract critical minerals crucial to meeting President Joe Biden’s clean energy goals, but has drawn significant environmental concerns. POLITICO’s Kelsey Tamborrino breaks down the debate over the project and why the loan office is expected to be a major oversight focus of the GOP-controlled House. Plus, FERC is expected to vote on a final rule to strengthen utility cybersecurity standards.
8 min
503
Why a partisan SPR messaging bill got bipartisa...
On Thursday, the House of Representatives passed legislation with strong bipartisan support aimed at preventing oil from the Strategic Petroleum Reserve from being shipped to China. POLITICO’s Josh Siegel and Ben Lefebvre discuss the legislation’s bipartisan appeal, prospects in the Senate, impact on China, and how it fits into the GOP’s energy priorities in the new Congress. Plus, the Biden administration plans to update offshore renewable energy regulations.
8 min
504
The U.S. green supply chain is expanding in a b...
Since President Joe Biden signed the Inflation Reduction Act into law, clean energy companies like Q Cells are pouring billions of dollars into investments to build out the sector’s domestic manufacturing. POLITICO’s Kelsey Tamborrino breaks down what’s going on in the sector and why it’s still facing supply constraints. Plus, the chair of the Consumer Product Safety Commission disavowed chatter about a national gas stove ban.
8 min
505
Inside Biden’s plan to cut emissions in transpo...
On Tuesday, the Biden administration released a plan to guide the U.S. to eliminate carbon emissions from the transportation sector, the leading emitter of U.S. greenhouse gasses warming the planet, by 2050. That blueprint includes spending billions of public dollars to expand the use of electric vehicles and low-carbon fuels. POLITICO’s Catherine Morehouse breaks down the details of the administration’s plan and its challenges. Plus, President Joe Biden appointed Elizabeth Klein to lead the Bureau of Ocean Energy Management, which has drawn criticism from Republicans and some Democrats for its lack of oil lease sales.
8 min
506
The brewing House GOP energy fight
House Speaker Kevin McCarthy is hardly seen as an advocate for climate change policy, but he’s been more open to addressing the issue than many others in the GOP. And the concessions he made to House conservatives last week to secure his new role are likely to complicate any future party-line energy package. POLITICO’s Kelsey Tamborrino and Josh Siegel discuss what’s in store. Plus, a new study concludes that human-driven climate change contributed to drought in the western United States.
8 min
507
EPA’s proposed soot rule: Too far, or not far e...
The EPA has proposed lowering the annual average soot exposure limit, predicting such a move would yield tens of billions of dollars per year in public health benefits. But the proposal, which would overturn a Trump-era decision that left the regulation unchanged, is already drawing criticism from industry, even though it fell short of environmentalists' expectations. POLITICO’s Alex Guillén reports.
8 min
508
Why Biden’s interim FERC chair pick is controve...
The Biden administration has named FERC commissioner Willie Phillips as interim chair of the commission, a decision that isn’t without controversy. Environmental justice groups and renewable industry interests have long lobbied for the more progressive FERC commissioner Allison Clements to be named chair. Phillips, the more moderate choice, is viewed by some environmental groups as too accommodating to utilities and gas companies. POLITICO’s Cat Morehouse explains the impact Biden’s decision to elevate Phillips — even temporarily — could have on FERC’s agenda.
8 min
509
Biden’s EV tax credit plan draws mixed reviews
Before 2022 came to a close, the Treasury Department released new rules regarding electric vehicle tax credits offered in the Inflation Reduction Act. The law contained “Made in America” requirements that rankled the European Union and other trading partners, who said the provisions would disadvantage their EV manufacturers and other clean tech industries. The Biden Administration is now showing some flexibility in how it will implement the revised EV tax credits, but it may not be enough to satisfy critics. POLITICO’s Doug Palmer reports.
6 min
510
Biden wades into the WOTUS saga
Ever since Congress passed the Clean Water Act more than fifty years ago, the EPA, the White House and the Supreme Court have wrestled over what legally constitutes “Waters of the United States.” This past Friday, the Biden administration finalized a rule to expand protections from the Clean Water Act nationwide, but the Supreme Court’s decision in an upcoming case could complicate the situation. POLITICO’s Annie Snider reports.
8 min
511
Geothermal energy is poised to grow. The oil in...
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.
8 min
512
What to know about New York’s new climate plan
On Monday, an influential New York panel adopted a road map of climate and clean energy measures designed to help 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.
7 min
513
Why California and the oil industry are on a cl...
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.
7 min
514
The transatlantic rift over the Inflation Reduc...
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. 
8 min
515
Why the oil industry and green groups are fight...
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.
8 min
516
What Glick’s exit means for FERC and Biden’s cl...
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.
7 min
517
Why East Coast states want to show the fishing ...
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.
7 min
518
The nuclear fusion breakthrough that could chan...
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.
7 min
519
Why greens see New York’s partial crypto mining...
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.
7 min
520
Why Democrats won’t change EV tax credits despi...
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.
8 min
521
The big sticking point in permitting talks? Tra...
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.
8 min
522
Democrats’ lame-duck permitting effort failed. ...
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.
8 min
523
Can the U.S. and EU avert an EV trade war?
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.
7 min
524
What to know about the EU and G7’s new Russian ...
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.
8 min
525
Commerce names companies evading China solar ta...
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.
8 min