Ever since the historic Paris Climate Agreement was signed in 2015, the oil and gas industry has grown bigger than ever despite countries ramping up efforts to rein in their greenhouse gas emissions. It\u2019s a reality that climate negotiators must face as the United Nations Climate Change Conference begins at the end of this month. POLITICO\u2019s Ben Lefebvre breaks down why the industry has grown. Plus, the Biden administration unveiled $2 billion in funding that will go directly to fund projects in communities facing disproportionate pollution and environmental harms.\n\nFor more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch\n\nAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy\n\nCatherine Morehouse is an energy reporter for POLITICO and the host of the POLITICO Energy podcast.\nBen Lefebvre is an energy reporter for POLITICO. \nNirmal Mulaikal is a POLITICO audio host-producer. \nKara Tabor is an audio producer for POLITICO.\nGloria Gonzalez is the deputy energy editor for POLITICO. \nMatt Daily is the energy editor for POLITICO.