POLITICO Energy

Congress is injecting $12 billion in subsidies into carbon capture technology and storage, setting the stage for massive private investment to battle climate change in the coming years. But a new POLITICO investigation found that federal and state authorities aren’t prepared to regulate the carbon capture industry. POLITICO’s Ben Lefebvre lays out the concerns around Biden’s carbon capture initiat...

President Joe Biden is trying to usher in an era of new economic order that moves past old models of free trade and reliance on markets. Instead, he’s trying to push a "worker-centered" trade policy, raise wages around the world and bolster environmental standards. So far though, the Biden administration has struggled to define its vision in less abstract terms, let alone implement it. POLITICO’s...

U.S power companies are warning that President Joe Biden’s new power plant rule could hurt the reliability of the nation’s grid at a time when outages are on the rise. But former regulators and EPA backers say industry’s concerns are overblown. POLITICO’s Catherine Morehouse breaks down the potential impact of Biden’s rule on the nation’s power network. Plus, the Biden administration unveiled its...

The Environmental Protection Agency proposed its latest rule to impose stricter limits on fossil fuel power plants. The Biden administration says the draft regulation will reduce the effects of climate change and provide better-paying jobs, but the rule will likely face major challenges from GOP-led states and questions from utilities who say the power sector isn’t ready for the proposed changes....

The Biden administration is releasing a major new regulation aimed at slashing or capturing emissions from new and existing coal and natural gas plants. Republicans plan to use that regulation to attack vulnerable Democrats and President Joe Biden heading into the 2024 elections. Some Democrats counter that the GOP’s strategy will be out of step with voters, while others are distancing themselves...

The Biden administration is proposing to fight climate change by investing billions of dollars into carbon capture projects. However, some environmental justice groups are trying to stop these projects, and their resistance is gaining traction in communities across the country. POLITICO’s Allison Prang breaks down why Biden’s carbon capture plan is facing challenges. Plus, the Department of Energy...

If Senator Joe Manchin (D-W.Va) decides to run for reelection in 2024, he might be the most vulnerable Democratic senator in the country. West Virginia is a deep red state, and Manchin’s approval rating has plummeted according to a recent Morning Consult poll. But he hasn’t lost in West Virginia since the 1990s, and he’s long-benefited from distancing himself from national Democratic leaders and a...

Democrats and Republicans agree that the United States must end its dependence on China for clean energy components. But both parties say the other side isn’t tough enough on Beijing and their proposed strategies aren’t helping the US become the world's dominant clean energy economy. POLITICO’s Kelsey Tamborrino and Josh Siegel break down how the clean energy industry is responding to the partisan...

New York is set to become the first state in the country to ban natural gas and other fossil fuels in new buildings through legislation. Enacted on Tuesday, the ban will affect most new smaller buildings starting in 2026 and larger buildings in 2029. It's part of the state’s effort to switch to cleaner energy sources and reduce carbon emissions. Climate advocates applaud the legislation, but it co...

Senator Joe Manchin helped write and pass the Inflation Reduction Act last summer, but lately he’s been criticizing the Biden administration’s implementation of it, saying the White House has strayed from the purpose of the bill. Democrats are growing concerned about Manchin’s attacks and disagree that the Biden administration has diverged from the law’s intent. POLITICO’s Josh Siegel breaks down...

On Monday, the Supreme Court agreed to hear a case aimed at overturning a legal precedent that helps federal agencies defend environmental rules in courts. So-called “Chevron deference,” which conservatives have targeted for years, says courts should defer to a government agency interpretation when laws passed by Congress are ambiguous. POLITICO’s Alex Guillén breaks down the legal principle, why...

California state regulators approved new rules last week phasing out combustion engines in trucks, buses and trains in the coming years as the state shifts toward zero-emission vehicles. POLITICO’s Wes Venteicher breaks down the details of these new rules and potential implications for other states. Plus, the Supreme Court announced on Monday that next term it will hear a case on federal agencies...

The ethanol industry scored two major political victories last week: The Environmental Protection Agency said it would allow the sale of higher-ethanol gasoline this summer, and corn-state Republican lawmakers protected incentives for biofuels in the House GOP’s debt ceiling package. POLITICO’s Kelsey Tamborrino breaks down the ethanol industry’s wins and influence in D.C. Plus, the House delivere...

Republicans aim to make the fossil fuel-centered energy package that passed last month in the House a core asset heading into the 2024 elections. However, new polling shared with POLITICO shows that the GOP’s message isn’t getting through to voters. POLITICO’s Josh Siegel and Zack Colman discuss why fossil fuel policies are a central part of the GOP’s 2024 campaign strategy, despite difficulty tra...

President Joe Biden’s latest attempt to cut the nation’s climate pollution could come with serious political consequences. EPA is expected to release two draft rules that target the country’s second-largest source of greenhouse gases: the electric power sector. POLITICO’s Zack Colman breaks down why these rules are critical to the president’s climate agenda and how they could influence messaging e...

The Biden administration is expected to propose two highly-anticipated new rules to target the greenhouse gas emissions from power plants. The power sector is the second-biggest contributor to the these types of emissions in the United States so these new regulations could have a major impact on President Joe Biden’s ability to meet his climate pledges. POLITICO’s Alex Guillén breaks down what we...

State officials on both sides of the political aisle are considering creating carbon offset programs to monetize their state lands. These initiatives give states a new revenue source by charging companies to protect state forests, in exchange for carbon offsets needed to reach their corporate net-zero commitments. But environmentalists have concerns about whether these programs are actually effect...

Alaska LNG is a multi-billion dollar natural gas export project planned for the state. Two years ago, it looked dead in the water, but now the project looks to be back on track thanks to support from the Biden administration. It would be the second major fossil fuel project in the state to have stalled under the Trump administration only to be revived under President Joe Biden. That’s alarming Dem...

House Speaker Kevin McCarthy released a plan to raise the debt ceiling by $1.5 trillion or suspend it until March 31, 2024, whichever occurs first. The proposal includes repealing several green energy tax incentives established under Democrats’ Inflation Reduction Act. It would also enact the GOP’s partisan energy bill that passed the House last month. POLITICO’s Josh Siegel breaks down why the GO...

House lawmakers from both parties are moving toward reversing the Biden administration’s controversial two-year pause on solar import tariffs from four Southeast Asian countries. POLITICO’s Kelsey Tamborrino breaks down how those countries have served as conduits for Chinese solar equipment and why the push to undo Biden's policy is dividing the US solar industry. The House resolution also put Dem...

On Monday, New Jersey regulators finalized a first-of-its-kind environmental justice rule that protects over 4 million state residents in low-income areas and communities of color from heavy industrial pollution. POLITICO’s Ry Rivard breaks down the extensive public debate surrounding the new rule, along with the details and challenges ahead. Plus, as Senate committees tee up permitting hearings,...

Effective today, only 14 electric cars and trucks will qualify for federal tax breaks up to $7,500, according to a new list put out by the Treasury Department on Monday. POLITICO’s Tanya Snyder breaks down why only 14 EVs qualify, which automakers benefitted from Treasury’s list, and if the White House expects more vehicles to qualify in the future. Plus, House Speaker Kevin McCarthy directly ties...

U.S. and European leaders are urging transformation and an increase in lending efforts by the World Bank to fight climate change, but have been unwilling to provide additional funding to the institution. That’s prompting questions about whether the bank can effectively fight climate change alongside its traditional mandate of eradicating poverty, without an increase in funding. POLITICO’S Zack Col...

Japan, the world’s top importer of liquefied natural gas, will be pushing G-7 nations this weekend to endorse LNG’s long-term future. That plan has alarmed environmentalists and has put the Biden administration in another difficult spot as it attempts to balance the fossil fuel industry, environmental groups and a key Pacific ally. POLITICO’s Zack Colman breaks down the details of Japan’s LNG push...

On Wednesday, the Biden administration announced what it called the most ambitious auto pollution rules in history, with the goal of accelerating automakers’ shift to electric vehicles. But the administration will have to defend its proposals against potential legal and industry challenges. POLITICO’s Alex Guillén breaks down the impact of these new rules and the coming legal battle. Plus, a feder...