POLITICO Energy

The United States and China agreed to a surprise climate deal earlier this month that could boost the global climate negotiations starting this week. But the world’s two biggest emitters and economies remain at odds on tough questions, which may hinder how far the talks can go. POLITICO’s Zack Colman and Sara Schonhardt break down the climate divide between Washington and Beijing heading into COP28. 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.Zack Colman covers climate change 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

Ever since the historic Paris Climate Agreement was signed in 2015, the oil and gas industry has grown bigger than ever despite countries ramping up efforts to rein in their greenhouse gas emissions. It’s a reality that climate negotiators must face as the United Nations Climate Change Conference begins at the end of this month. POLITICO’s Ben Lefebvre breaks down why the industry has grown. Plus, the Biden administration unveiled $2 billion in funding that will go directly to fund projects in communities facing disproportionate pollution and environmental harms. 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

Earlier this year, the Biden administration announced a historic deal to use Inflation Reduction Act cash to conserve nearly a billion gallons of water from the shrinking Colorado River through 2026. But a POLITICO investigation found that the federal money is driving up the payments for farmers and tribes to forego some of their water rights – and could make any long-term agreement to save the West’s most important river far more expensive. POLITICO’s Annie Snider breaks down exactly how the IRA is raising the conservation price tag. Plus, a new report from the United Nations says countries need to make deep emission cuts this decade in order to achieve the goals set under the Paris climate agreement. 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.Annie Snider covers water issues 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

A global push to make corporations account for their carbon footprints is raising questions about the U.S. Securities and Exchange Commission, which hasn’t finalized its own corporate climate disclosure proposal from almost two years ago. POLITICO’s Jordan Wolman breaks down why the SEC isn’t in the driver seat for the global corporate climate disclosure race. Plus, the Environmental Protection Agency may revise its sweeping power-plant-carbon-rule to avoid hurting grid reliability. 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.Jordan Wolman is a sustainability 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

Democrats in the swing states of Pennsylvania and Virginia are weighing how much political capital they are willing to spend so their states participate in the Regional Greenhouse Gas Initiative — a carbon trading program that’s been politically controversial since its inception. POLITICO’s Jordan Wolman breaks down the tricky politics in those states and how it’s a test for both Democrats and the RGGI. Plus, rich countries likely met their overdue climate funding promise to developing nations last year according to the Organization for Economic Cooperation and Development.  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.Jordan Wolman is a sustainability 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 United States and China, the world’s two largest greenhouse gas emitters, reached a surprise climate deal this week. The agreement came together despite broader tensions between the two countries and just weeks before the United Nations Climate Change Conference begins in Dubai. POLITICO’s Zack Colman breaks down the details of the agreement, what’s missing, and how it’s a positive sign for the UN climate talks. Plus, the European Union announced the first-ever law to tackle methane emissions from fossil fuels. 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.Zack Colman covers climate change 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

Federal officials on Tuesday released the latest comprehensive report on climate change, and it highlights the threat that global warming poses to the United States, particularly to elderly, children and low-income populations. POLITICO’s Zack Colman breaks down the report’s takeaways, how climate science has improved in the past four years, and if the Biden administration’s emission reductions goals are still achievable. Plus, Republicans at a hearing Tuesday hammered EPA’s upcoming greenhouse gas rule for power plants. 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.Zack Colman covers climate change 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 Arab Emirates, which is set to host the United Nations climate talks at the end of this month, is pushing secretive state-run oil companies to reduce their greenhouse gas emissions, according to documents obtained by POLITICO. But environmentalists aren’t convinced the plan goes far enough, and they don’t trust the UAE to put together a green plan. POLITICO’s Zack Colman breaks down why the UAE is pushing its peers for climate pledges ahead of COP 28. Plus, the European Union will make a “substantial” financial pledge toward a  loss and damage fund, raising the pressure on other developed countries to follow suit. 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.Zack Colman covers climate change 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

West Virginia Democrat Joe Manchin will not seek reelection to the Senate in 2024, leaving behind an enormous energy legacy and an empty seat as the top Democrat on the Energy and Natural Resources Committee. POLITICO’s Kelsey Tamborrino discusses Manchin’s energy legacy, which Democrat might take his committee assignment, and what Manchin might accomplish in his time left in the Senate. Plus, Ukraine’s energy minister told POLITICO Kyiv is open to attacking Russian energy infrastructure.  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

On Tuesday, a rural Michigan town voted to oust five local officials who backed tax breaks for a multi-billion dollar Chinese-affiliated battery plant. It’s a potential warning sign for President Joe Biden and Democrats’ clean energy agenda, and it could offer Republicans a winning political strategy in crucial swing states. POLITICO’s Kelsey Tamborrino breaks down how a tiny town sent a big message to China and Biden. Plus, West Virginia Senator Joe Manchin announced Thursday he will not seek reelection to the Senate 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