BROADCASTS.com

Congress is injecting $12 billion in subsidies into carbon capture technology and storage, setting the stage for massive private investment to battle climate change in the coming years. But a new POLITICO investigation found that federal and state authorities aren\u2019t prepared to regulate the carbon capture industry. POLITICO\u2019s Ben Lefebvre lays out the concerns around Biden\u2019s carbon capture initiative and how it could challenge the administration\u2019s environmental justice pledges. Plus, as part of the debt ceiling negotiations, House Republicans are pushing for a two-step deal that would first address narrow energy project permitting measures and then tackle thorny transmission issues.\nWe want to invite you to POLITICO\u2019s first Energy summit!\xa0Hear from Energy Secretary Jennifer Granholm, White House National Climate Advisor Ali Zaidi, and more to hear about the new energy transition. Mark your calendars for Thursday, May 18th. See you in person here in DC, or you can join us virtually. \n\nFor more details and to RSVP: https://www.politico.com/live-events/2023/05/18/politico-energy-summit-00001441\nFor more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: \xa0https://www.politico.com/power-switch\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