With advice from Jordan Wolman, Josh Siegel, Catherine Morehouse, Alex Guillén and Daniel Lippman
Editor’s note: Morning Activity is a chargeless adaptation of POLITICO Pro Energy’s morning newsletter, which is delivered to our subscribers anniversary morning at 6 a.m. The POLITICO Pro belvedere combines the account you charge with accoutrement you can use to booty activity on the day’s better stories. Act on the account with POLITICO Pro.
— Italian Prime Minister Mario Draghi visits Admiral Joe Biden at the White House today, and European activity issues are acceptable to be top of mind.
— EU negotiators are still milling for a plan to shut off Russian oil, but Hungary isn’t accepting it.
— Average U.S. gasoline prices about akin their March high.
HAPPY TUESDAY! I’m your host, Matthew Choi. Congrats to NRDC’s Joan Matthews for alive NSYNC’s actual own agreeable ability Chris Kirkpatrick accurate Chip Skylark in “The Fairly Odd Parents.” For today’s trivia: What is the better civic esplanade in Colombia (and let me apperceive if you’ve been)? Send your tips, trivia answers and biking recs to [email protected]. Find me on Twitter @matthewchoi2018.
Check out the POLITICO Activity podcast — all the activity and ecology backroom and action account you charge to alpha your day, in aloof bristles minutes. Listen and subscribe for chargeless at politico.com/energy-podcast. On today’s episode: A solar showdown could advance to a renewable slowdown.
JOE AND MARIO: Admiral Joe Biden hosts Italian Prime Minister Mario Draghi at the White House today, and Europe’s accomplishment to end its assurance on Russian activity imports will acceptable affection acutely in their discussions. Italy has alternate in a cardinal of Western diplomacy to sanction Russia’s activity sector, including a Sunday acceding amid G-7 to appearance out or ban purchases of Russian oil.
But Italy is amid the countries that are best abased on Russia: It gets almost 40 percent of its accustomed gas from the country. Draghi has been aimlessly gluttonous another suppliers, hitting up producers such as Azerbaijan, Mozambique, Republic of the Congo, Qatar, and Angola. Italy afresh accomplished an acceding with Algeria that would admission up shipments through the activity that connects the two countries and accomplish the North African nation its better gas supplier, POLITICO’s Giorgio Leali and Hannah Roberts reported.
The Biden administering has been attractive for its own sources to accommodated its affiance of award 15 billion cubic meters of abounding accustomed gas for Europe. Biden will host ASEAN leaders in Washington afterwards this week, which includes accustomed gas powerhouses Indonesia and Malaysia. But sourcing the ammunition and allocation out acumen aren’t the alone challenges. Germany, the top European destination of Russian gas, and LNG exporter Qatar accept clashed on the continuance of contracts, with the Gulf country’s best timelines active afield with Germany’s decarbonization goals, Reuters reports.
HUNGARIAN RHAPSODY: EU negotiators still don’t accept a plan on how to appearance out Russian oil afterwards Hungarian Prime Minister Viktor Orban alone the latest angle that would accept accustomed his country, Slovakia and the Czech Republic best timelines to arrest the shipments than the end-of-year borderline for the blow of the bloc.
European Commission Admiral Ursula von der Leyen couldn’t argue Orban to get on lath Monday, and diplomats concluded the day borderline back talks beyond delegations will resume. Read added from POLITICO’s Barbara Moens.
REFINED TASTES: The activity bazaar reshuffling to shut off Russian shipments is additionally continuing to accept a absolute appulse on prices in the U.S. Average calm gasoline prices are flirting with the March 11 almanac of $4.331 per gallon, clocking in Monday at $4.328, according to the American Automobile Association.
U.S ammunition prices accept gone up faster than all-around awkward prices as the U.S. exports added aesthetic articles to Europe and abroad to accomplish up for Russian supplies. U.S. awkward futures alone added than $6 a butt on Monday but prices for gasoline and agent in the U.S. remained able as exports kept the bazaar tight. Shipments of aesthetic articles accomplished a almanac 6.8 actor barrels per day aboriginal aftermost month, according to the Activity Advice Administration.
ABOUT THAT E15: Weeks afterwards the Biden administering offered a abandonment for summer-time sales of E15, beneath than 1,200 of the 2,300 gas stations able to advertise the ammunition were absolutely accomplishing so, according to a Pro Analysis by POLITICO’s Madi Alexander. The stations were abundantly concentrated in the Midwest.
WELL THAT’S AWKWARD: In case you absent it, allegedly the Biden administering didn’t accord ally in the International Activity Agency a active up that it would be administering its better anytime absolution from the Strategic Petroleum Reserve in March — abrogation the added automated economies extemporaneous and hasty to accomplish their own releases, Reuters reports.
“The IEA was ashamed by the (U.S.) absolution which was at the alpha done about unilaterally by the U.S.,” an bearding antecedent told Reuters. Between this and the accomplished nuclear sub debacle, not great!
BUDGET BUSINESS: A Senate Appropriations subcommittee meets today to go over the Department of Agriculture’s account angle and a House Appropriations subcommittee meets to altercate the Transportation Department’s proposal. Agriculture Secretary Tom Vilsack and Transportation Secretary Pete Buttigieg will affirm at their corresponding hearings.
SAVE THE SEQUOIAS: A bipartisan leash led by top House Republican Kevin McCarthy diplomacy to acquaint legislation as anon as this ages to assure behemothic sequoias in California, the best massive breed of copse on Earth and which are actuality wiped out by wildfires beyond his district.
The “Save our Sequoias Act” will aim to empower the Backwoods and Civic Esplanade Service to added calmly conduct backwoods administering projects to abate bonfire accident adjoin sequoias, the iconic breed that blot ample amounts of carbon.
“You’ve got some bad altitude amalgamation into anniversary added of 120 to 150 years of poor management, which accept larboard these groves and forests in actual bad shape, and now you’ve got a abating altitude with dryer conditions. That’s how you see a behemothic sequoia bracken bargain to char,” said Rep. Bruce Westerman (R-Ark.), who is the alone accountant forester in Congress and is alive on the bill with McCarthy.
Rep. Scott Peters (D-Calif.), the added administrator in the trio, said the legislation would abode allowing and allotment issues to accredit authorities to admit backwoods abrasion and assigned burns to abate the bulk of ammunition for wildfires. Westerman and Peters visited the Sequoia Civic Backwoods aftermost anniversary to bout damage.
ADVOCATES URGE COMPETITIVE TRANSMISSION: A affiliation of customer advocates, aggressive manual providers and chargeless bazaar advocates beatific belletrist to the House and Senate activity committees on Monday advancement associates to abutment aggressive ability band development that they say would lower ratepayer costs. The letter calls on active of the committees — Sen. Joe Manchin (D-W.Va.) and Rep. Frank Pallone (D-N.J.) — to authority a audition acid whether FERC’s proposed manual aphorism should assume to advance greater competition.
NO EXCEPTIONS FOR CRYPTO: Some of the country’s better ecology groups are calling on the Biden administering to accountable cryptomining to ecology regulations including the Clean Air Act to rein in the sector’s emissions. Cryptomining requires ample amounts of constant electricity, which disincentivizes miners from application renewables and pushes them adjoin deposit ammunition generation. The bulk of electricity acclimated for Bitcoin mining is greater than the electricity captivated by all of Sweden, according to Cambridge University estimates.
The groups, which accommodate the League of Conservation Voters, Earthjustice and Sierra Club, apprenticed EPA to apparatus austere reviews on air and baptize permits for mining operations and regulations on the sector’s aerial e-waste, which rivals the e-waste of the absolute Netherlands. They additionally alarm on the Activity Department to set activity ability standards for mining operations. The comments are in acknowledgment to a White House appeal for advice on the ecology impacts of agenda assets issued in March. Read the abounding action recommendations here.
THEIR DAY IN COURT: Developers of a arguable hydropower manual activity in Maine will accept their arguments heard today in cloister on the amends of a election admeasurement accustomed by accompaniment voters in November that annulled the project. The New England Clean Activity Connect would backpack hydropower from Canada into the New England filigree to ability 1.2 actor homes. But accomplishing so would crave acid through 53 afar of backwoods to body new manual lines.
Nearly 6 in 10 Maine voters backed the election aftermost year — the best big-ticket election attack in accompaniment history — to stop the project. The Maine Supreme Judicial Cloister will accede challenges to the election and added issues this afternoon.
The activity has created aberrant alliances. Political foes accept pushed for the activity to proceed, with Democratic Gov. Janet Mills, above Republican Gov. and Mills’ 2022 amateur Paul LePage, and Activity Secretary Jennifer Granholm in favor of the $950 actor plan. Meanwhile, some environmentalists and activity companies that would angle to lose money from the activity advancing on band accept fought adjoin it.
CARTER CHIMES IN: Above Admiral Jimmy Carter popped out of his retirement Monday night to beef a federal court’s cardinal greenlighting a advancing acreage bandy for an admission alley in Alaska’s Izembek Civic Wildlife Refuge. Carter said the acreage bandy would go adjoin the 1980 Alaska Civic Interest Acreage Conservation Act, which he active into law as admiral and protects 104 actor acreage of Alaska lands. The federal cloister disqualified the bandy did not breach the law, but Carter rebutted that the law didn’t accord the administering acumen on whether or not to advance adequate lands. Accomplishing so would actualize “open division on the precious, globally unique, ecologically affluent and complete areas ANILCA set abreast for posterity,” Carter wrote.
Not to be outdone, Clinton-era Interior Secretary Bruce Babbitt additionally filed a abrupt aftermost night criticizing the ruling, abutting by John Leshy, the Clinton Interior’s solicitor. Allowing Interior to acquiesce bread-and-butter development of adequate areas would “create Swiss cheese-like holes in the aegis Congress gave these lands,” they wrote. POLITICO’s Alex Guillén has more.
— Mike Twomey is now chief adviser at Charles River Associates. He best afresh was SVP for federal policy, authoritative and government diplomacy at Entergy.
— Brian Faughnan is now Republican comms administrator for the Senate Committee on Activity and Accustomed Resources. He best afresh was chief biographer at Angle Together.
— Ben Grumbles will be the controlling administrator of the Ecology Council of the States able June 1. He is currently ECOS admiral and Maryland’s Environment Secretary.
— “Biden administering urges Supreme Cloister to adios amusing amount of carbon challenge,” via POLITICO.
— “Activist Investor Third Point Continues Push for Shell to Restructure,” via The Wall Street Journal.
— “Alaska Senate votes for activity acquittal on top of dividend,” The Associated Press.
— “Puerto Rico secures FEMA allotment to clean island’s streetlights,” via POLITICO.
THAT’S ALL FOR ME!
Energy appeal is growing. At Chevron, we accept that appeal for lower carbon hydrogen ammunition could added than amateur by 2050. That’s why we’re alive to abound our hydrogen assembly to 150,000 tonnes per year by 2030 to advice accomplish able carriage lower carbon. Because we accept the approaching of activity is lower carbon. And it’s alone animal to ability for it.
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