Mideast war brings GOP heat for Biden policies

From: POLITICO's Power Switch - Tuesday Oct 10,2023 10:00 pm
Your guide to the political forces shaping the energy transformation
Oct 10, 2023 View in browser
 
Power Switch newsletter logo

By Emma Dumain

Rep. Kevin McCarthy speaks with reporters during a press conference at the U.S. Capitol.

Rep. Kevin McCarthy (R-Calif.) speaks with reporters during a press conference at the U.S. Capitol on Monday. | Francis Chung/POLITICO

Republicans are using this weekend’s deadly terrorist attacks on civilians in Israel as an opportunity to criticize President Joe Biden’s foreign policy platform — and his climate and energy agenda.

Iran is a major backer of Hamas, the Palestinian group that launched the violent raids Saturday. That is prompting Republicans, including more than a dozen senators and newly ousted House Speaker Kevin McCarthy, to call for Biden to take tougher actions against Iran — and bolster the United States’ oil supplies as a hedge against overseas unrest.

Among other actions, the GOP lawmakers are lambasting the administration’s decision last month to give Iran access to $6 billion in frozen oil revenue as part of an agreement to free imprisoned Americans. They’ve also complained that Iranian oil exports are growing despite U.S. sanctions, which they call a sign of lax enforcement.

“Sanctions should go on Iran’s production of oil, and we should produce it with America's energy,” McCarthy told reporters Monday during his first news conference since losing the speakership six days earlier. “Unshackle the blessings that God has given America; let us be energy independent to supply our allies.”

Secretary of State Antony Blinken has disputed Republican accusations that the $6 billion was funding the atrocities in Israel, telling CNN on Sunday that Iran can use the money only “for humanitarian purposes.”

As Manuel Quinones laid out this morning, Republicans are also re-litigating Biden’s decisions to release 180 million barrels of oil from the Strategic Petroleum Reserve last year — a step that helped blunt rising prices but has left the emergency stockpile’s volume down 45 percent since he took office. They also cited his failure to impose tougher sanctions in 2021 against the now-defunct Nord Stream 2 gas pipeline between Russia and Germany.

What’s old is new again
In reality, U.S. oil production is at a record high for the first three quarters of 2023. Biden cannot set global oil prices (which could rise amid the new war in the Middle East). And driving down fossil fuels is necessary to confront the climate crisis.

But Republicans are still seizing on the opportunity to use recent events as an entry point to tout their own priorities in energy issues. They could even find fertile ground to remind voters of the House GOP's signature energy package — the “Lower Energy Costs Act,” or H.R. 1 — which passed the chamber along party lines in the first months of the year.

It would, among other things, require the federal government to hold more quarterly oil lease sales in Western states and make it easier to site energy projects, such as pipelines.

 

It's Tuesday — thank you for tuning in to POLITICO's Power Switch. I'm your host, Arianna Skibell. Big thanks to Emma Dumain for anchoring today's newsletter. Power Switch is brought to you by the journalists behind E&E News and POLITICO Energy.

Send your tips, comments, questions to edumain@eenews.net.

 

GROWING IN THE GOLDEN STATE: POLITICO California is growing, reinforcing our role as the indispensable insider source for reporting on politics, policy and power. From the corridors of power in Sacramento and Los Angeles to the players and innovation hubs in Silicon Valley, we're your go-to for navigating the political landscape across the state. Exclusive scoops, essential daily newsletters, unmatched policy reporting and insights — POLITICO California is your key to unlocking Golden State politics. LEARN MORE.

 
 
Play audio

Listen to today’s POLITICO Energy podcast

Today in POLITICO Energy’s podcast: James Bikales and Suzanne Lynch break down why conservative politicians on both sides of the Atlantic are attacking the rise of electric vehicles and making it into an election issue.

Power Centers

An oil and gas platform in the Gulf of Mexico.

An oil and gas platform in the Gulf of Mexico in 2010. | Joe Raedle/Getty Images

A coming oil crash?
President Joe Biden has approved a record low number of new offshore oil wells, a data point that could inflame the already fierce debate over the administration’s throttling of the aging offshore oil sector in the Gulf of Mexico, writes Heather Richards.

That's according to an E&E News analysis of available data since the George W. Bush administration, which shows a steady decline in permitted offshore wells, reaching the lowest points during Biden’s tenure.

Oil giants' new legal tactic
Oil companies are trying out a new strategy to squash a series of lawsuits aimed at holding them financially accountable for heat waves, flooding and other effects of climate change, writes Lesley Clark.

Companies failed in their bid to require such lawsuits — filed by cities, counties and states — to be heard in federal courts, which they consider favorable. Now, they are are pushing for the lawsuits to be scrapped altogether.

Suspicious pipeline leak
Finnish President Sauli Niinistö said a leak discovered over the weekend in a Baltic Sea gas pipeline suggests "external activity," writes Victor Jack.

Prime Minister Petteri Orpo described the incident as “not exactly the act of an ordinary person” but did not say who he thought was responsible. "It is important to investigate the case thoroughly and not to jump to conclusions," he added.

In Other News

This is climate change: These are the places that could become "unlivable" as the Earth warms.

Powered up: A Vermont utility is planning to end power outages by giving its customers batteries.

 

Enter the “room where it happens”, where global power players shape policy and politics, with Power Play. POLITICO’s brand-new podcast will host conversations with the leaders and power players shaping the biggest ideas and driving the global conversations, moderated by award-winning journalist Anne McElvoy. Sign up today to be notified of new episodes – click here.

 
 
Zone

A showcase of some of our best content.

A cow grazes in a pasture as wind turbines rise in the distance near Reading, Kansas.

A cow grazes in a pasture as wind turbines rise in the distance near Reading, Kan. | Charlie Riedel/AP

What scientists call the Wind Belt may soon expand with the arrival of taller wind turbines and new construction techniques that could result in an 80 percent increase in U.S. land-based clean energy over the next 10 years.

Electric cooperatives are flooding into a new federal program that promises to pour billions of dollars into rural utilities looking to cut their climate-warming emissions — signaling a shift in how the traditionally coal-dominated organizations view wind and solar power.

A Houston company is moving forward with a natural gas power plant in Illinois that’s designed to capture 90 percent of its carbon pollution, which will be injected deep underground.

That's it for today, folks! Thanks for reading.

 

Follow us on Twitter

Arianna Skibell @ariannaskibell

 

Follow us

Follow us on Facebook Follow us on Twitter Follow us on Instagram Listen on Apple Podcast
 

To change your alert settings, please log in at https://www.politico.com/_login?base=https%3A%2F%2Fwww.politico.com/settings

This email was sent to by: POLITICO, LLC 1000 Wilson Blvd. Arlington, VA, 22209, USA

Please click here and follow the steps to .

More emails from POLITICO's Power Switch

Oct 04,2023 10:00 pm - Wednesday

What McCarthy’s ousting means for energy

Oct 03,2023 10:00 pm - Tuesday

All eyes on Virginia’s elections

Oct 02,2023 10:01 pm - Monday

Here comes the EV backlash

Sep 29,2023 09:00 pm - Friday

Biden’s offshore oil plan pleases no one

Sep 28,2023 10:00 pm - Thursday

FEMA cuts disaster aid ahead of shutdown