What to watch at POLITICO's Energy Summit

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Energy Secretary Jennifer Granholm, White House climate adviser Ali Zaidi, Ambassador to Japan Rahm Emanuel and FERC Chair Willie Phillips are among the speakers.

The U.S. is facing an energy crossroads in November, with voters set to give President Joe Biden four more years to finish his clean energy transition — or bring back former President Donald Trump to unleash oil and gas.today will examine the stakes of those divergent paths and examine how the Biden administration’s climate policies are rewriting the rules for the energy future — and the effect they are having on the United States’ growing role as one of the world’s top fossil fuel exporters.

But polls show many voters are unaware of the sharp growth in manufacturing and renewable energy deployment spurred by the IRA and the 2021 bipartisan infrastructure law. And most of the projects haven’t been built yet, meaning many communities are not yet fully feeling the benefits. For Republicans in Congress — Cramer, Lummis, Miller-Meeks and Garbarino — that means carefully threading the political needle to stay in sync with Trump’s messaging on the IRA while safeguarding the parts that are helping their constituents and the big GOP campaign donors.Republicans predict that the combination of Biden’s clean energy push with aggressive regulations on fossil fuel power plants and gasoline-powered vehicles will backfire.

Phillips, the FERC chair, may also discuss how the commission’s recent actions to help build new interstate power lines could help respond to rising demand and a shifting resource mix.The political pain from rising gasoline prices after Russia’s 2022 invasion of Ukraine — as well as pressure from West Virginia Sen.

 

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