Energy & Environment — House GOP passes energy, water funding bill

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View Online Energy & Environment Energy & Environment The Big Story  House passes cuts for climate programs The House on Thursday passed an energy and water funding bill — the first under its new Speaker — with big cuts for renewables and home electrification rebates. © Greg Nash The bill, which passed 210-199 is the second piece of legislation to pass since Speaker Mike Johnson (R-La.) took the gavel.   It is not expected to become law — the White House has already threatened a veto — but it stakes out the GOP's position as budget negotiations continue.    The bill would cut: A program from the Inflation Reduction Act (IRA) that gives rebates to consumers who purchase electric appliances An IRA program that looks to help states and cities adopt climate-friendly building codes A large chunk of funding from the Energy Department's Office of Energy Efficiency and Renewable Energy. On the other hand, it boosts spending by about 8 percent at the Energy Department's nuclear weapons agency.   Read more in a full report from Rachel and our colleague Aris Folley at TheHill.com. Welcome to The Hill's Energy & Environment newsletter, we're Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. Did someone forward you this newsletter? Subscribe here. Essential Reads  How policy will affect the energy and environment sectors now and in the future: Biden administration advances Colorado River conservation proposal A consensus-based conservation strategy proposed by Colorado River states would likely ensure that the system's reservoirs are stable over the next three years, according to the Department of the Interior.  Full Story Exxon, Chevron make big oil acquisitions in the face of uncertain future for fossil fuels Oil giants Exxon Mobil and Chevron have recently announced major acquisitions of oil companies, expanding their oil and gas assets. Some analysts see these acquisitions as big bets on a fossil-fueled future, while others argue the moves could be viewed as consolidation in an industry that may be on the decline.  Full Story Court indefinitely blocks Gulf oil leasing deadline set for Nov. 8 A federal appeals court on Thursday indefinitely stayed an earlier order requiring the Biden administration to hold a November oil lease sale in the Gulf of Mexico, though it's unclear whether the administration will immediately proceed with the sale.  Full Story In Other News  Branch out with a different read on The Hill: US-backed oil exploration bringing global forests to 'point of no return,' activists say As an unprecedented forest summit opens in Africa, a global movement of indigenous activists is pushing to halt all industrial and oil exploration in the world's principal forests — an expansion largely … Full Story What We're Reading  News we've flagged from other outlets touching on energy issues, the environment and other topics: What happens when solar panels wear out? (Grist)   The Scientists Watching Their Life's Work Disappear (The New York Times)   EPA promised to address environmental racism. Then states pushed back. (The Center for Public Integrity) What Others are Reading  Two key stories on The Hill right now: House Democrat moves to force vote on censuring Marjorie Taylor Greene First-term Democratic Rep. Becca Balint (Vt.) made a move to force a vote on her resolution to censure Rep. Marjorie Taylor Greene (R) over the firebrand Georgia congresswoman's many controversial comments — and in part as a response to Greene's move to force a vote to censure Rep. Rashida Tlaib (D-Mich.). Read more Democrats eye rare procedural move to defeat Tuberville military holds Senate Democrats are working with Sen. Kyrsten Sinema (I-Ariz.) and a handful of Republicans on a rarely used procedural tactic to defeat Sen. Tommy Tuberville's (R-Ala.) blockade of more than 360 military promotions, a stalemate that has consumed the Senate for months.  Read more Opinions in The Hill  Op-eds related to energy & environment submitted to The Hill: Our failure to regulate livestock emissions is choking off US agriculture     You're all caught up. See you tomorrow!  Check out The Hill's Energy & Environment page for the latest coverage. Like this newsletter? Take a moment to view our other topical products here 📩 Privacy Policy  |  Manage Subscriptions  |  Unsubscribe  1625 K Street NW, 9th Floor, Washington, DC 20006 Copyright © 1998 - 2023 Nexstar Media Inc. | All Rights Reserved.

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