POLITICO Energy

Climate Week NYC — the annual gathering of thousands of government officials, business leaders, activists and advocates — is wrapping up today at a consequential moment in the fight against climate change. The United States has stepped back from climate leadership, while other countries and businesses continue to push ahead amid concerns about energy security and affordability. POLITICO’s Sara Schonhardt and Ben Storrow, who were on the ground in New York City, discuss the state of global climate action ahead of another U.N. climate conference in a couple of months. Plus, grid upgrades for 26 states and the latest setback for bipartisan permitting reform.

Sara Schonhardt is an international climate reporter for POLITICO’s E&E News.

Ben Storrow is an energy and climate reporter for POLITICO.

Nirmal Mulaikal is the co-host and executive producer of POLITICO Energy.

Yi-Jo Shen is a freelance video producer for POLITICO.

Matt Daily is the energy editor for POLITICO.

Debra Kahn is the editorial director for energy and environmental coverage at POLITICO.

Veronica Tejera is the deputy head of Audio/Video at POLITICO.

Our theme music is by Pran Bandi.

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Diesel prices are at record highs across the country right now, and that’s creating a major split inside the Republican party ahead of the November midterm elections. Many farm-state Republicans want President Donald Trump to restrict diesel exports, while America’s oil and gas industry warns that doing so could drive prices even higher. POLITICO’s James Bikales explains what’s driving the spike in diesel prices, whether an export ban would help and what the Trump administration might do. Plus, Texas Gov. Greg Abbott expanded his de facto moratorium on new data centers, and French President Emmanuel Macron has called for a moratorium on energy sector strikes between Ukraine and Russia.

James Bikales is an oil and gas reporter for POLITICO.

Nirmal Mulaikal is the co-host and executive producer of POLITICO Energy.

Yi-Jo Shen is a freelance video producer for POLITICO.

Matt Daily is the energy editor for POLITICO.

Debra Kahn is the editorial director for energy and environmental coverage at POLITICO.

Veronica Tejera is the deputy head of Audio/Video at POLITICO.

Our theme music is by Pran Bandi.

Follow the show on Apple, Spotify, Youtube and Instagram.

Follow POLITICO here:

➤ X: https://x.com/politico/

➤ Instagram: / politico

➤ Facebook: / politico

For more reporting 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

Today, Democratic New Jersey Gov. Mikie Sherrill sits down for an extended interview with POLITICO Energy host Arianna Skibell. Sherill lays out her reasons for freezing utility rates, how she's regulating data centers and why she's holding out hope that New Jersey and the federal government can cooperate on new nuclear power. She also dished on her relationship with Virginia Gov. Abigail Spanberger, who released a data center framework Friday afternoon.

A group of House Democrats unveiled a policy menu this week on what they’d like to achieve in the next Congress to reduce emissions and lower energy costs. It’s their first look at how they would tackle energy policy should they regain power in Congress next year after the election. And it comes as Republicans struggled this week to advance bills to reduce pump prices and address voter concerns about data centers.

The Trump administration rescinded marquee Biden-era standards targeting carbon emissions from fossil fuel power generation — and proposed blocking any future power plant carbon regulations. Is the final nail in the coffin for power plant emissions rules, or just the beginning of a new chapter in a long-running fight? POLITICO’s Alex Guillén breaks down the blockbuster announcement and what lies ahead.