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Wealthy nations belatedly met their goal of sending billions of dollars in climate aid to developing countries. And now, they’re gearing up again to negotiate the next amount of funding they are willing to give, which will likely be a tougher task because the cost of fighting climate change is set to skyrocket. POLITICO’s Zack Colman breaks down how rich countries were late on delivering climate finance and why the price tag is going up. Plus, utilities and industry groups are cautioning EPA against adopting any rule for existing natural gas-fired power plants that would require building significant infrastructure or risk grid reliability. 

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Zack Colman covers climate change for POLITICO.
Josh Siegel is an energy reporter for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Annie Rees is a senior audio producer-host at POLITICO.
Gloria Gonzalez is the deputy energy editor for POLITICO.
Matt Daily is the energy editor for POLITICO.

Scott Sheffield, the former CEO of one of America’s top oil companies, is firing back against allegations from the Federal Trade Commission that he colluded with OPEC and other oil companies to boost fuel prices. It’s the latest development in a saga that has thrown US oil companies into the political spotlight during the 2024 election season. POLITICO’s Ben Lefebvre breaks down how Sheffield is defending himself and why these allegations have become a political flashpoint. Plus, the Biden administration proposed initial guidance for technology-neutral tax credits expected to account for the bulk of greenhouse gas reductions under Democrats’ climate law.

For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch

And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy

Ben Lefebvre is an energy reporter for POLITICO.
Josh Siegel 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.

The Biden administration recently announced that it planned to stop new lease sales at the nation’s leading coal mining basin – a major action that surprisingly received a collective shrug from Washington D.C. POLITICO’s Alex Guillén breaks down the muted reaction from fossil fuel backers in particular and what their response says about the coal industry’s decline. Plus, San Francisco will face off against the Biden administration in a Supreme Court fight over EPA's ability to set water pollution limits pegged to the health of nearby rivers, lakes and oceans.

For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch

And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy

Alex Guillén is an energy reporter for POLITICO Pro.
Josh Siegel is an energy reporter for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Annie Rees is a senior audio producer-host at POLITICO.
Gloria Gonzalez is the deputy energy editor for POLITICO.
Matt Daily is the energy editor for POLITICO.

POLITICO Energy host Catherine Morehouse talks today with Pablo Vegas, the president and chief executive officer of The Electric Reliability Council of Texas, which runs the state’s power grid. They discuss how ERCOT is preparing Texas for extreme weather events and what he thinks about the partisan fighting over the system, which has become an increasingly divisive entity on Capitol Hill. 

For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch

And 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.
Nirmal Mulaikal is a POLITICO audio host-producer.
Alex Keeney is a senior audio producer at POLITICO.
Gloria Gonzalez is the deputy energy editor for POLITICO.
Matt Daily is the energy editor for POLITICO.

Congress must quickly decide if survivors of nuclear testing on American soil will continue to receive financial benefits related to healthcare and other costs under the Radiation Exposure Compensation Act, which expires June 7. POLITICO’s Gloria Gonzalez breaks down the fight over this program and the consequences if it isn’t renewed. Plus, the Biden administration announced that Norfolk Southern will pay just over $500 million because of last year’s train derailment in East Palestine, Ohio.



For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch

And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy


Josh Siegel is an energy reporter for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Annie Rees is a senior audio producer-host at POLITICO.
Gloria Gonzalez is the deputy energy editor for POLITICO.
Matt Daily is the energy editor for POLITICO.

Big Oil is becoming increasingly enmeshed in election-year politics. Democrats announced new efforts yesterday to highlight what they argue are deceptive practices by oil companies, while presumptive 2024 GOP presidential nominee Donald Trump met with industry executives to solicit donations to his presidential campaign. POLITICO’s Ben Lefebvre and Josh Siegel break down the latest moves by Democrats and Trump’s meetings with oil executives. Plus, the Edison Electric Institute, one of the most influential energy players in Washington, is suing EPA over its power plant climate rule.

For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch

And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy

Ben Lefebvre is an energy reporter for POLITICO.
Josh Siegel 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.