POLITICO Energy
1,130 episodes - English - Latest episode: 21 days ago - ★★★★ - 120 ratingsThe 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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Episodes
Why the offshore wind industry’s troubles could hurt Biden’s climate goals
July 27, 2023 09:00 - 7 minutes - 7.08 MBEnergy companies have struggled to finance their offshore wind power projects, threatening a key part of President Joe Biden’s clean energy transition. The Biden administration is hoping the offshore wind industry will produce at least enough power for 10 million American homes by 2030. POLITICO’s Ry Rivard breaks down the industry’s financial woes and why 2023 could be a decisive year. Plus, federal and state authorities reached a deal with the city of Jackson, Miss., to hand control of its ...
Why Biden’s clean energy goals have a union problem
July 26, 2023 09:00 - 9 minutes - 8.3 MBPresident Joe Biden could potentially face multiple labor strikes within a matter of months or even weeks, threatening his long-term clean energy goals, pro-labor union image, and 2024 political ambitions. POLITICO’s Zack Colman takes us inside the president’s rocky relationship with Big Labor and the political and climate stakes. Plus, a federal court has overturned EPA's order requiring the troubled St. Croix refinery to undergo a costly, multiyear permitting process to restart operations. ...
Why Biden is giving states money to tackle methane emissions
July 25, 2023 09:00 - 8 minutes - 7.74 MBThe Biden administration announced on Monday that it will distribute $350 million this summer for states to tackle methane emissions from oil and gas wells, which is a potentially significant policy for fighting climate change in the near and long-term. POLITICO’s Alex Guillén breaks down which states will be receiving the most funding and why methane policy is important for the Biden administration. Plus, Senate Majority Leader Chuck Schumer is urging the Federal Regulatory Energy Commission...
Why Trump’s energy donors are bolting to his competitors
July 24, 2023 09:00 - 6 minutes - 6.22 MBSeveral major energy industry executives who backed former President Donald Trump in the 2020 election are now donating to his GOP competitors ahead of the 2024 election. POLITICO’s E&E News reporter Robin Bravender breaks down the possible reasons behind this trend and how it may impact Trump’s 2024 election hopes. Plus, two House GOP committee chairs are launching a probe into Ford Motor Company's agreement with a Chinese battery company. For more news on energy and the environment, sub...
The effort to save the carbon offset market
July 21, 2023 09:00 - 8 minutes - 6.99 MBThe carbon offset market has become so clouded by oversight problems, dodgy accounting and scandals that it's losing credibility. POLITICO EU's Federica Di Sario reports on the effort to save the market. Plus, on Thursday, Senate appropriators unanimously approved a more than $58 billion dollar bill to fund the Energy Department, Army Corps of Engineers and Interior water programs.
Why Kerry’s China trip led to more talk, but no action
July 20, 2023 09:00 - 7 minutes - 6.36 MBThe United States and China did not reach any new climate agreements after Special climate envoy John Kerry's trip to Beijing, but officials from the two countries promised to keep talking. POLITICO's Zack Colman goes inside the talks and where they go from here. Plus, the Energy Department denied a decade-old petition from environmental groups to issue a rule on how it reviews applications to export liquefied natural gas.
The obstacles to California’s power sharing plan
July 19, 2023 09:00 - 6 minutes - 5.95 MBCalifornia Governor Gavin Newsom is pushing a plan to share electricity with other Western states. While studies have shown regional energy-sharing could have significant financial, climate and energy benefits, previous proposals failed to pass the California State Legislature. POLITICO’s Wes Venteicher breaks down the details of California’s power-sharing plan and the challenges it faces. Plus, Sen. Joe Manchin is joining the developers of the Mountain Valley Pipeline in asking the Supreme C...
What the latest climate disasters tell us about our future
July 18, 2023 09:00 - 7 minutes - 7.27 MBThe world has been hit by several milestone climate disasters recently. And while those events are unfolding largely as predicted because of climate change, the speed of their arrival has stunned some experts. POLITICO's Zack Colman breaks down how world governments are reacting to these record-breaking disasters and if it’s too late to take meaningful climate action. Plus, the Supreme Court is directing the Biden administration to respond by July 25 to a request from the developers of the Mo...
The international debate over climate risk insurance
July 17, 2023 09:00 - 7 minutes - 6.44 MBOver the past year, proposals to insure communities against economic losses caused by climate change, known as climate risk insurance, have gained traction. But there’s an international debate about those plans: some countries argue there are significant financial, practical and moral concerns, while others say climate risk insurance is an essential element of preparations for a warming world. POLITICO’s Zia Weise breaks down why insuring the world against climate change is controversial. Plu...
Hurricane Ian’s lasting imprint on Florida’s coast
July 14, 2023 09:00 - 9 minutes - 8.77 MBAfter Hurricane Ian hit southwest Florida last fall, many coastal middle- and working-class homeowners whose properties suffered damages moved out because of rules requiring expensive rebuilds. It’s yet another example of how worsening disasters tied to climate change are altering the lives of everyday Americans. POLITICO’s Zack Colman breaks down how Hurricane Ian affected the beach communities in southwest Florida and the role of the federal government. Plus, Special Climate Envoy John Kerr...
The murky fate of the Mountain Valley Pipeline’s southern extension
July 13, 2023 09:00 - 7 minutes - 6.5 MBThe Mountain Valley Pipeline’s controversial southern extension, known as the Southgate Expansion project, is facing a much more difficult path forward compared to the main pipeline as it navigates significant legal, regulatory and political challenges. POLITICO’s Catherine Morehouse breaks down why Southgate is so important to the long-term success of the Mountain Valley Pipeline, the different obstacles it faces, and how the Federal Energy Regulatory Commission may weigh in. Plus, the Inter...
Inside the latest twist in the Mountain Valley Pipeline’s legal saga
July 12, 2023 09:00 - 7 minutes - 6.69 MBConstruction on part of the controversial Mountain Valley Pipeline has temporarily stopped because of a federal court ruling, and the project’s developer now says it's considering taking the case to the Supreme Court. It's the latest twist in the legal saga surrounding the proposed 303-mile pipeline, which would transport natural gas from West Virginia to Virginia. POLITICO’s Ben Lefebvre breaks down the Mountain Valley Pipeline’s legal troubles and the reaction to the federal court’s decisio...
The GOP’s delicate ESG policy dance
July 11, 2023 09:00 - 8 minutes - 7.56 MBHouse Republicans are kicking off “ESG month,” including votes and holding hearings to scrutinize how corporations integrate climate and social goals into their business plans. POLITICO’s Zach Warmbrodt breaks down what the GOP is trying to achieve and why criticizing ESG investing is actually a delicate policy issue for House Republicans. Plus, last week was the hottest in recorded world history, according to an U.N. agency. Zach Warmbrodt covers financial services for POLITICO. Josh S...
Why New York’s offshore wind projects may be in jeopardy
July 10, 2023 09:00 - 7 minutes - 6.5 MBThe developers of New York’s offshore wind projects are asking for increased subsidies from the state’s taxpayers, arguing that their work may not move forward without additional funding. But their requests raise questions about the viability of those projects, which in turn threaten the state’s ambitious climate targets and efforts to become a hub for the nascent offshore wind industry. POLITICO’s Marie French breaks down why the state’s offshore wind projects are now in doubt. Plus, the Int...
The challenges to Biden’s push for a national EV network
July 07, 2023 09:00 - 9 minutes - 8.6 MBPresident Joe Biden is aiming to build a national network of reliable electric vehicle chargers so that EV owners can travel long-distance without hitting charging deserts. But the Biden administration estimates it only has about a fraction of the funds to reach that goal and must also manage supply chain constraints, pushback from GOP-led states and an evolving private sector. POLITICO’s James Bikales breaks down the Biden administration’s ambitious strategy on EV charging and the challenges...
Inside the transatlantic battle over hydrogen
July 06, 2023 09:00 - 7 minutes - 6.58 MBThe European Union is investing billions of dollars into the production of hydrogen, a clean-burning fuel that’s expected to create jobs and help fight climate change. But as of now, the United States is attracting more hydrogen investment and has its sights set on overtaking Europe. POLITICO’s Ben Lefebvre breaks down the transatlantic interest in hydrogen, why the US is currently a more attractive investment target, and the potential consequences of this fierce competition between allies. P...
The controversial plan to free Puerto Rico’s utility from bankruptcy
July 05, 2023 09:00 - 7 minutes - 6.77 MBThe proposed plan to pull Puerto Rico’s government-owned utility out of bankruptcy and cut its debt is receiving forceful pushback from many residents and environmental groups, which argue it could increase already high electric bills and contribute to the island’s expensive cost of living. POLITICO’s Gloria Gonzalez breaks down the efforts behind Puerto Rico’s utility bankruptcy plan and why it has led to protests. Gloria Gonzalez is the Deputy Energy Editor at POLITICO Pro. Josh Siegel...
Why Gavin Newsom is disappointing environmentalists
June 30, 2023 09:00 - 8 minutes - 7.47 MBDuring California’s state budget negotiations this week, Governor Gavin Newsom fought for last-minute changes to accelerate energy infrastructure permitting, testing the state legislature’s autonomy and sparking policy disagreements. POLITICO’s Camille von Kaenel breaks down the changes to the state’s landmark environmental law, the pushback, and parallels to federal permitting reform efforts. Plus, FERC approved all remaining construction related to the controversial Mountain Valley Pipeline...
The US/EU split on China's EVs
June 29, 2023 09:00 - 7 minutes - 6.74 MBThe push toward electric vehicles in the United States and European Union is actually creating a giant strategic opportunity for China, whose carmakers already dominate global markets for batteries and clean energy technology. And the threat of Beijing taking over the electric vehicle industry across the two continents is shaping debates about jobs, trade and the fight against climate change. E&E News reporter David Ferris breaks down how the US and Europe are responding in different ways to ...
The insurance gaps caused by climate change
June 28, 2023 09:00 - 6 minutes - 5.93 MBClimate change is destabilizing the insurance market, with some insurers pulling out of areas heavily impacted by extreme weather. In response, the Treasury Department is calling on insurers and state regulators to ramp up their efforts to evaluate risks posed by climate change. POLITICO’s Jasper Goodman breaks down the department’s new recommendations and the Biden administration’s wider effort to address climate-related financial risk. Plus, one of the top auto standards-making bodies annou...
Why an outdated weather model could cost Americans billions
June 27, 2023 09:00 - 7 minutes - 6.84 MBBillions of dollars in infrastructure spending could be wasted because the federal government is relying on an outdated weather model, according to a new study from climate research firm First Street Foundation. POLITICO’s Zack Colman breaks down how federal dependence on that model presents multiple risks for state and local governments and potentially wastes taxpayer money. Plus, a global panel backed by the G-20 issued new climate and sustainability disclosure standards. Zack Colman c...
The climate-driven housing crisis, explained
June 26, 2023 09:00 - 7 minutes - 7.15 MBSeveral cities and neighborhoods in the United States are experiencing climate gentrification – the process in which wealthier people move to areas less impacted by climate change. Often as a result, disadvantaged residents are priced out of their neighborhoods due to rising property values, taxes, rents, and other economic factors. POLITICO’s Gloria Gonzalez breaks down what’s driving this trend and how activists and local politicians are fighting back. Plus, French President Emmanuel Macron...
How the Supreme Court dealt a blow to Navajos’ water rights
June 23, 2023 09:00 - 9 minutes - 8.27 MBOn Thursday, the Supreme Court ruled against the Navajo Nation — the largest Native American reservation in the United States – in its effort to make the federal government take steps to secure water from the Colorado River for the tribe. The decision comes as seven states are fighting over access to the West's most important river, whose flows have shrunken roughly 20 percent over the past two decades of drought. POLITICO’s Annie Snider breaks down the court’s ruling and how it impacts the t...
The winners and losers of Biden’s renewable fuel rule
June 22, 2023 09:00 - 8 minutes - 7.55 MBThe Biden administration’s final rule under the Renewable Fuel Standard aims to modestly increase the amount of biofuels that oil refiners must blend into the nation’s fuel mix over the next three years. But multiple powerful industries aren’t completely happy with the regulation: the agricultural sector says the administration’s blending mandates are too low, while the oil industry argues the levels aren’t achievable. POLITICO’s Kelsey Tamborrino breaks down the details of Biden’s RFS rule, ...
Are U.S. electricity markets up to the job?
June 21, 2023 09:00 - 8 minutes - 7.87 MBLawmakers, consumer advocates, independent experts, and regulators are pushing the Federal Energy Regulatory Commission to revisit the competitive power markets that dominate the US electricity system. POLITICO’s Catherine Morehouse breaks down why organized competitive power markets are drawing scrutiny and what sort of solutions lawmakers are proposing. Plus, a federal court struck down an EPA rule banning the use of disposable containers for transporting hydrofluorocarbons, the potent gree...
Inside the fight to shape clean hydrogen
June 20, 2023 09:00 - 9 minutes - 8.45 MBClean energy advocates and green groups are fighting over how the Treasury Department should implement the Inflation Reduction Act’s clean hydrogen tax credit, which offers billions of dollars in federal incentives to companies that produce hydrogen in a climate-conscious way. The Biden administration believes investing in the nascent clean hydrogen industry could be a political and climate win, but their bet depends on how the tax credit is shaped. POLITICO’s Kelsey Tamborrino breaks down th...
The tricky politics of overhauling state recycling systems
June 16, 2023 09:00 - 8 minutes - 8.05 MBAfter scoring wins in four states to pass costs of recycling plastic onto manufacturers over the past two years, recycling advocates had hoped to build on the momentum in more states across the country. But this year, nearly a dozen state-level bills to fund increased recycling have gone nowhere in state legislative sessions or have been watered down into feasibility studies. POLITICO’s Jordan Wolman breaks down the politics of passing recycling bills and what this trend means for the nation’...
Taking a look at Biden’s energy, climate regs through 2024
June 15, 2023 09:00 - 8 minutes - 7.4 MBThe White House’s semi-annual rulemaking agenda released on Tuesday shows the Biden administration is planning to unveil significant regulatory actions in the energy and climate space in the first half of 2024 — including major policy priorities from the Environmental Protection Agency, and the Interior and Energy Departments. POLITICO’s Alex Guillén breaks down what to expect and why it’s important for the White House to get those rules finished as soon as possible ahead of the 2024 electio...
How Tesla’s EV chargers got the edge over Biden’s pick
June 14, 2023 09:00 - 8 minutes - 7.93 MBFord and General Motors’ recent decisions to adopt Tesla’s EV charger technology puts the Biden administration on the losing side of a charging “standards war” and threatens President Joe Biden’s ambitious electric vehicle adoption goals. POLITICO’s James Bikales breaks down the origins of this EV charging fight and how the Biden administration might respond. Plus, FERC Chair Willie Phillips announced new commitments to mitigating the impacts of industrial pollution on low-income communities ...
How a Texas regulator could stymie Biden’s climate agenda
June 13, 2023 09:00 - 8 minutes - 7.69 MBThe Texas Railroad Commission, the state’s oil and gas regulator, is posing a major obstacle to the Biden administration’s goal of reducing methane emissions. At the same time, the commission’s Republican regulators take in millions of dollars from the fossil fuel industry. POLITICO’s Ben Lefebvre breaks down how the regulatory agency’s actions are at odds with one of President Joe Biden’s key climate policies. Plus, the Biden administration urged a federal court to reverse its decision that ...
The jolt to America’s EV charging infrastructure
June 12, 2023 09:00 - 8 minutes - 7.59 MBGeneral Motors and Ford – two of the biggest electric vehicle producers – announced they would adopt Tesla’s charging technology for their electric vehicles in the coming years. That’s significant because the federal government earlier this year chose to require another EV charging technology rather than Tesla’s technology in its federally-funded chargers under the bipartisan infrastructure law. POLITICO’s James Bikales breaks down what these developments mean for the future of EV charging. P...
What Canada’s worst wildfire season ever might mean for the U.S.
June 09, 2023 09:00 - 7 minutes - 7.33 MBThis week, hazardous smoke spewing from hundreds of Canadian wildfires spread across much of Canada and the Northeast and Midwest United States. POLITICO’s Zi-Ann Lum breaks down the health risks of wildfire smoke exposure, the federal response from the U.S. and Canadian governments, and how climate change is playing a role in the situation. Plus, the U.S. and U.K. will start negotiating a critical minerals deal immediately to mitigate the impact of the Inflation Reduction Act. Zi-Ann Lum...
How the UAE is trying to green its image before hosting COP28
June 08, 2023 09:00 - 8 minutes - 7.88 MBThe United Arab Emirates, one of the world’s wealthiest oil states and host of the upcoming UN climate talks in November, has tried to cast itself as an environmental leader through a wide-ranging public relations and lobbying campaign that began in 2019. But the UAE’s efforts and its host status are facing significant criticism from lawmakers and environmentalists in both the United States and Europe. POLITICO’s Zack Colman breaks down why the UAE is trying to green its image and the pushbac...
Inside the greening of American health care
June 07, 2023 09:00 - 7 minutes - 7.08 MBAcross the country, medical professionals and Washington policymakers are pushing to decarbonize the American healthcare system, which is responsible for 8.5 percent of U.S. greenhouse gas emissions. Joanne Kenen, a POLITICO Magazine contributing writer, breaks down the movement to green the healthcare system, how the Biden administration is playing a role, and whether the sector’s transformation is happening as quickly and deeply as needed. Plus, West Virginia Democratic Sen. Joe Manchin adv...
How the Supreme Court upstaged Congress on permitting reform
June 06, 2023 09:00 - 9 minutes - 8.63 MBLawmakers included only modest changes to permitting as part of the debt ceiling deal. But the Supreme Court’s recent decision to sharply curb federal protections under the Clean Water Act could have a far bigger impact on the permitting process across the country. POLITICO’s Annie Snider reports. Plus, the Biden administration on Monday laid out a road map to scale up U.S. clean hydrogen production while driving down costs. Annie Snider covers water issues for POLITICO Pro. Kelsey Tam...
Indo-Pacific countries make a play for America’s EV tax credits
June 05, 2023 09:00 - 8 minutes - 7.65 MBSoutheast Asian nations are the latest foreign trading partners looking to access America’s coveted electric vehicle tax credits under the Inflation Reduction Act. But their campaign creates challenges for the Biden administration, which is looking to balance its efforts to deepen economic ties in the Indo-Pacific with its promise of a clean energy transition that will help revitalize American manufacturing. POLITICO’s Steven Overly breaks down the latest negotiations. Plus, the Interior Depa...
Why some Dems are frustrated with the debt deal energy measures
June 02, 2023 09:00 - 9 minutes - 8.34 MBSome Democrats are frustrated with the energy-related measures in the debt ceiling package, which must be signed into law by President Joe Biden by June 5 in order to avoid a government default. POLITICO’s Josh Siegel breaks down what’s bothering Democrats, why the White House is defending its debt ceiling deal, and what’s next in terms of energy permitting negotiations. Plus, a panel of grid experts warned senators Thursday that the U.S. power system is ill-prepared to combat the climate cri...
The fight to ensure New England’s winter grid reliability
June 01, 2023 09:00 - 6 minutes - 6.25 MBThe New England Independent System Operator has asked federal regulators to approve a plan to help improve the region’s power reliability during the region’s cold winters by paying oil and gas producers to store extra fuel on site. But powerful officials and advocacy groups are pushing back, arguing that the plan’s steep cost isn’t justified. POLITICO’s Catherine Morehouse breaks down the grid operator’s plan and the pushback it’s receiving. Plus, the Department of Justice is suing West Virgi...
What's inside the permitting debt deal — and how it happened
May 31, 2023 09:00 - 9 minutes - 9.11 MBThe tense negotiations between the White House and House Republicans over the debt ceiling offers some updates to environmental permitting rules that would benefit both oil and gas and clean energy projects — though many of the most contentious measures were left for Congress to haggle over.POLITICO’s Josh Siegel breaks it all down with Kelsey Tamborrino.
Edison International’s Pizarro on permitting, IRA, and the nation’s grid
May 30, 2023 09:00 - 11 minutes - 10.3 MBToday, POLITICO’s Josh Siegel chats with Pedro Pizarro, the president and chief executive officer of Edison International, the parent company of Southern California Edison. Pizarro, who is also vice chair of the Edison Electric Institute, the industry's largest trade group, gives his take on federal policy issues impacting the nation’s power grid, the permitting reform push in Congress, and the implementation of the Inflation Reduction Act. Pedro Pizarro is president and chief executive ...
Supreme Court curbs Clean Water Act in blow to Biden
May 26, 2023 09:00 - 8 minutes - 7.39 MBThe Supreme Court issued a ruling Thursday that significantly constrained the Environmental Protection Agency’s ability to regulate wetlands under the Clean Water Act. The decision is a major blow to the Biden administration’s efforts to protect millions of acres of wetlands while delivering a victory to multiple powerful industries, including mining, oil and gas and homebuilding. POLITICO’s Annie Snider breaks down the details of the ruling. Plus, the National Oceanic and Atmospheric Adminis...
GOP’s gas stove anger burns Biden
May 25, 2023 09:00 - 7 minutes - 7.29 MBHouse Republicans once again attacked the Biden administration yesterday for trying to regulate gas stoves, portraying proposed efficiency standards from the Energy Department as federal overreach. POLITICO’s Alex Guillén breaks down why the GOP is reigniting the gas stove culture wars, the Biden administration’s insistence it is not banning the appliances, and the policy debate. Plus, the Energy Department unveiled a new initiative aimed at accelerating the development of low-carbon fuels fo...
DOE backs off Microvast grant plans amid GOP’s China criticisms
May 24, 2023 09:00 - 6 minutes - 6.35 MBThe Biden administration announced on Monday it is dropping plans to give a $200 million dollar federal grant to Microvast, a Texas-based battery company whose connections to China had drawn criticism from Republican lawmakers. It’s the latest example of how the rivalry between Washington and Beijing is complicating President Joe Biden’s clean energy agenda. POLITICO’s Kelsey Tamborrino discusses DOE’s decision and how the situation highlights broader challenges the Biden administration must ...
Colorado River plan offers relief to a thirsty West
May 23, 2023 09:00 - 7 minutes - 6.59 MBCalifornia, Arizona and Nevada released a plan on Monday to significantly reduce their water use from the drought-stricken Colorado River over the next three years. It’s a historic moment for the seven western states and 40 million Americans that depend on the river, which has seen its flows diminished by 20 percent over the past two decades. POLITICO’s Annie Snider breaks down the details of the tentative deal and remaining concerns for the states. Plus, Sen. Tom Carper (D-Del.) announced Mo...
Why US-EU talks for an EV tax credit deal have stalled
May 22, 2023 09:00 - 8 minutes - 7.99 MBFor months now, European Union officials have pressed the Biden administration for a trade deal that would give EU automakers access to a larger chunk of the electric vehicle tax credits in the Inflation Reduction Act. But reaching that agreement is taking longer than expected, and talks could drag into the summer. POLITICO’s Steven Overly breaks down the sticking points in negotiations and why the White House is under immense pressure from Congress to broker a favorable agreement. Plus, a bi...
Questions linger about New Jersey’s ambitious offshore wind plans
May 19, 2023 09:00 - 9 minutes - 9.26 MBNew Jersey Gov. Phil Murphy is hoping his state will be the nation’s leading producer of offshore wind energy by 2040. But his ambitious plans are facing criticisms for two big reasons: questions remain about how the state’s wind projects will be financed and the opposition stirred up by unfounded claims that those projects are linked to several whale deaths along the coast. POLITICO’s Ry Rivard breaks down if New Jersey’s offshore wind plans are still on track and how they are important to t...
The fight over funding Puerto Rico’s power grid
May 18, 2023 09:00 - 8 minutes - 7.8 MBCongress has directed about $14 billion dollars to repair Puerto Rico’s troubled energy grid, but disagreements over how to spend those funds could slow the effort to stave off power disruptions as the territory seeks to create a 100 percent clean power grid by 2050. POLITICO’s Gloria Gonzalez breaks down solar advocates’ concerns and how fights over funding could affect the island. Plus, a new EPA proposal could force the utility sector to better control and clean up inactive coal ash ponds ...
Why Biden’s carbon capture bet is sparking fears in oil producing states
May 17, 2023 09:00 - 8 minutes - 7.83 MBCongress 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 initiative and how it could challenge the administration’s environmental justice pledges. Plus, as part ...
What Biden’s new global trade vision could mean for energy
May 16, 2023 09:00 - 9 minutes - 8.56 MBPresident 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 Gavin Bade breaks down why Biden is trying to reshape the global economic system and what it coul...
How Biden’s latest climate rule could impact the power grid
May 15, 2023 09:00 - 8 minutes - 7.81 MBU.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 latest guidance for companies to earn additional “bonus” credits under the Inflation Reduction Ac...