POLITICO Energy

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

Americans should brace for steep winter power bills as demand for natural gas has spiked globally, according to the Federal Energy Regulatory Commission. POLITICO’s Catherine Morehouse breaks down why the Biden administration has limited options to lower those bills. Plus, the state of Missouri loses its challenge to President Joe Biden’s social cost of carbon. 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

Democrats on the campaign trail are blasting oil companies for high gasoline prices and accusing Republicans of being too cozy with Big Oil. But that messaging strategy is overshadowing Democrats’ major legislative achievement this Congress: the $369 billion climate bill that President Joe Biden signed into law just two months ago. POLITICO’s Josh Siegel breaks down the reasons for that strategy, whether it’s effective and how Republicans are responding. Plus, EPA has proposed a new rule that will reduce the use of hydrofluorocarbons, a group of chemicals that are significant contributors to global warming, by 40 percent. 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

The Biden administration announced on Wednesday that its continuing to release oil from the Strategic Petroleum Reserve in an effort to bring down gas prices before the November midterm elections. But the administration is holding back on more dramatic and riskier actions while also facing criticism over gas prices from Republicans. POLITICO’s Ben Lefebvre breaks down the White House’s latest moves. Plus, the Biden administration announced $2.8 billion in grant awards to support domestic electric vehicle battery production. 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

Minnesota’s grid regulator and the state utility, Xcel Energy, are at odds over a $197 million proposal to build out hundreds of electric vehicle charging stations across the state. This battle is seen as the first big test case for whether EV charging stations should be in public or private hands. POLITICO’s Catherine Morehouse talks about why regulators put the brakes on the proposal and the broader implications this fight may have as the nation looks to transition away from fossil fuel-burning vehicles. Plus, the Biden administration is expected to tap oil from the Strategic Petroleum Reserve again ahead of the midterm elections. 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

The recent controversial remarks from the World Bank’s president David Malpass, in which he repeatedly dodged questions about climate science, may have given climate advocates and several western countries an opening to force the institution to adopt stronger green policies. But some countries, particularly in Africa, are skeptical of those changes. POLITICO’s Zack Colman discusses issues raised by the Malpass episode, and how the World Bank is defending itself. Plus, two House committees are probing Mississippi’s water spending amid allegations that the Republican-led state withheld resources from the predominantly Black city of Jackson. 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

Last month, when Hurricanes Ian and Fiona made landfall, they knocked out power for 2.7 million people in Florida along with the entire island of Puerto Rico. But residents who relied specifically on solar power during the storms say their systems performed well and were critical to keeping the lights on. That success could help solar supporters dealing with regulatory and legislative battles around the country. POLITICO’s Kelsey Tamborrino and Catherine Morehouse discuss why solar power flourished during these recent storms, how industry is reacting, and the political challenges solar power still faces in Florida and Puerto Rico. Plus, the White House is expected to announce additional action this week to help bring down gas prices. Kelsey Tamborrino is a reporter covering clean energy.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