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A zhuzhed-up explanation of the international plastics treaty negotiations you definitely didn't pay attention to this week.

Let’s just admit it: The INC-2 has a pizzazz problem. For one thing, if you’re not in the know, its name could easily be mistaken for the model number of
a large kitchen appliance. Even if you are in the know, it’s difficult to get excited about what is “the second of five U.N. Intergovernmental Negotiating Committee for Plastics meetings” — even if this one did take place in Paris.
But what the INC-2 lacks in, shall we say, broad public interest appeal, it makes up for in importance, compelling characters, and drama. Yes, I said it: drama!
Here’s everything you need to know about this week’s INC-2 negotiations, which concluded on Friday and have the ultimate aim of creating a first-of-its-kind legally binding global plastics treaty.
This week, over 2,000 participants from 175 countries flocked to the UNESCO headquarters in Paris to debate, lobby, demonstrate, observe, sing, make art, and generally get very little sleep. For many attendees, it was a reunion of sorts: The first Intergovernmental Negotiating Committee meeting (INC-1) was held six months ago in Uruguay; the next, INC-3, will take place in Kenya in November.
Why such a frenetic, globe-trotting schedule? Because the delegates only have until the end of 2024 — technically, just 15 more total negotiating days — to hammer out the specifics of the first international plastic pollution treaty, as directed by the U.N. Environment Assembly last year. If they’re successful, the treaty will be the most important international environmental agreement since the Paris Climate Agreement was signed in 2015.
It’s a complicated subject. Campaigns against things like plastic straws and takeout bags have come to be seen by some U.S. activists as distractions, while others have defended plastics’ enormous lifesaving upsides and the fact that a like-for-like replacement of everyday plastics with paper bags could, counterintuitively, skyrocket global emissions (fun fact: the single-use plastic bag was invented as an environmentally friendly alternative to cutting down trees).
But the INC delegates aren’t trying to get rid of plastics altogether, just reduce their use. The U.N. cites data that shows over a third of all plastics are used for “gratuitous” purposes like packaging, including food and beverage containers, which overwhelmingly end up in landfills. Cutting down on wasteful packaging while promoting recyclable and reusable goods could slash 80% of plastic pollution by 2040.
Unfortunately, the world’s plastic problem is only getting worse. Emissions from the making of plastics alone are expected to outpace coal emissions within the decade. By 2040, U.N. projections show conventional plastics, which are made using newly extracted fossil fuels and thus a major part of oil companies’ plans for surviving the energy transition, taking up a whopping 19% of the global carbon budget. And by 2060, the 139 million metric tons of plastic we produce every year could triple unless the world makes changes.
Anti-plastic activists, scientists, and a 55-country bloc of negotiators led by Rwanda and Norway that calls itself the “High Ambition Coalition to End Plastic Pollution” are pushing for caps on plastic production. Their argument is that cutting off plastics at the source is the only way to turn off the proverbial “tap” of pollution created during the “full lifecycle” of a plastic item, from the extraction of oil to make it, the energy required to shape it, and its eventual disposal in a landfill or recycling plant. Others are pushing to regulate what chemicals can be used to make plastics. And though it seems far less realistically achievable, a ban on single-use plastics has also been floated, including by the 14-nation Pacific Small Island Developing States (PSIDS) group.
The plastic treaty negotiations are breaking into three distinct camps, which I’ll call the “One Big Pledge” group, the “Bespoke Pledges” group, and “Saudi Arabia,” because it’s just Saudi Arabia.
The One Big Pledge group — primarily made up of the members of the 55-country High Ambition Coalition to End Plastic Pollution — wants an international, legally binding treaty that will “end plastic pollution by 2040” — however that target may be ultimately defined — by capping new plastic production at a “sustainable level,” likely by targeting single-use plastics; limiting the chemicals that can be used in the creation of plastics in order to reduce health hazards and encourage recyclability; and establish provisions for plastics at the end of their life to maximize reuse rather than leakage into the environment.
In a bit of pre-meeting drama, Japan ditched America to join the High Ambition Coalition, leaving the U.S. as “the only major developed country” that isn’t part of the group. High Ambition Coalition members also include Canada, Australia, the United Kingdom, the European Union, and Mexico.
The “Bespoke Pledges” group wants to take what The Washington Post calls a “less stringent” approach by letting countries “come up with their own pledges” — kind of like a children’s arts-and-craft project fair where everyone gets to make their own popsicle stick man, except instead of a popsicle stick man it’s a commitment to ending pollution and there are no penalties if yours sucks.
Some Democrats and assorted celebrities have protested that this approach is kind of lame, but the Biden administration is nevertheless pitching it as being more like the Paris Climate Agreement (which, of course, was notorious among activists for this very aspect of its structure). The U.S. is also insisting that it is being “just as ambitious” as the High Ambition Coalition even as others have deemed its position rather “underwhelming.” Hey, at least the American Chemistry Council likes it?
Meanwhile, Saudi Arabia thinks the American plan of “come up with your own pledge and don’t worry about an enforcement mechanism” sounds basically great, but it could go for an even more hands-off treaty, too. Its proposal lists just two suggested “obligations” for signatories: “designing [plastics] for circularity” when possible and agreeing to share recycling tips with other countries.
For delegates, activists, and industry interests departing Paris this weekend, there was a distinct air of anxiety about how much work still lies ahead. Part of the issue was that negotiations in Paris got off to a slow — the rumor in the refillable water bottle fountain line is that it was an intentionally slow — start.
The biggest reason for the delay was an extended debate over the draft rules of procedure. First there was a kerfuffle about how voting blocs like the EU can cast votes on behalf of their member states. But that discussion gave some oil-producing countries like Brazil, Saudi Arabia, and Iran an opening to try to revise the rules in a much bigger way: requiring decisions to ultimately have a consensus rather than be put to a vote.
The distinction between “voting” and “consensus,” while procedurally in the weeds, is actually a significant one. As the rule is written now, if consensus is not achieved, decisions then go to a vote, which must pass with two-thirds support. Countries that supported the change included Brazil, China, Saudi Arabia, India, Iran, Russia, and Venezuela; countries that backed voting as a final option included the U.S., EU, U.K., Canada, Norway, and Senegal, whose delegate explained the issue succinctly and to applause: “Consensus is what kills democracy,” he was reported as saying. “If one or two countries don’t agree, we’re stuck.” Without the option to vote, it’s likely any meaningful plastics treaty will be DOA.
Meanwhile, Mexico’s delegate, Camila Zepeda, was losing her patience at this point: “It’s a waste of time and energy ... We’ve heard arguments at length [that] don’t focus on the essential issue, plastic pollution,” she reportedly said. “Everyone, turn off your microphones, stop your speeches.”
But if it was the intent of major oil-producing states to delay negotiations, it worked. After agreeing to disagree about the rule on Wednesday — essentially kicking the can down the road to INC-3 — states like Saudi Arabia, Russia, and Iran continued to raise questions that seemed designed to run out the clock (the Iranian delegate’s concern about observing a reasonable bedtime, at least, was relatable). Mexico’s delegate finally snapped, waving her name placard above her head, scolding her colleagues that it was time to “roll up your sleeves and get to work,” and then grabbed her backpack and walked out of the room:
Attention then turned to what will likely be a crux of negotiations: the role of recycling and “circularity” in the eventual treaty. Anti-plastic activists are gunning hard for the first of the three classic R’s: to reduce the amount of plastic that gets made, period. Oil and chemical interests, though, wanted to focus on the third R: recycling.
There’s a reason even countries like Saudi Arabia (and the U.S.) are writing “circularity” into their obligations: proposals that push advanced plastic recycling, with the intent of extending the lifespan of plastics, will allow fossil fuel companies and states to keep extracting oil to make new plastics by taking the attention off the plastic caps being mulled by the High Ambition nations. There also isn’t an agreed-upon meaning of the term “circularity,” Inside Climate News points out, meaning countries and companies can use the eco-friendly buzzword without being nailed to a commitment they don’t intend to keep.
Additionally, there are lots of valid concerns about advanced recycling, from the heavy energy and emissions output required to extend the lifespan of plastics to the current technological inability to minimize the dangers of toxic chemicals produced in the process.
Some players have also have stressed that all the attention on recycling alone is too limited. “To focus on plastic waste in this treaty would be a failure because you have to look at plastic production to solve the crisis — including the extraction of fossil fuels and the toxic chemical additives,” Dr. Tadesse Amera, the co-chair of the International Pollutants Elimination Network, told Spain’s El País.
A global agreement on how to handle plastic pollution was still clearly a ways off on Friday as the conference wound down. But by the end of the week, the delegates could celebrate genuine progress toward formulating objectives, obligations, and implementation tactics, and had additionally mandated a zero draft text of the treaty be written by the chair, which will be considered at INC-3. Activists applauded the step, which due to the delays, had not been a given.
There remain major hurdles to clear, however. If there is a single major takeaway from INC-2, it’s that oil-producing countries are becoming worried enough about the treaty’s direction that they’re beginning to drop the cooperative veneer and drag their heels. Even a relatively “underwhelming” plan like United States’ voluntary pledge proposal could potentially be at risk of failing if the consensus group ultimately wins out. “We may have to conjure up some additional days to finalize these talks,” one participant told the Earth Negotiations Bulletin on Wednesday. A hypothetical “INC-6” entered the vocabulary.
In the meantime, the delegates, lobbyists, activists, and observers are on their way back to their respective countries to catch up on sleep, detox from all the chocolate that was consumed, and prepare for INC-3 in Nairobi in November. The clock is ticking but if there is a glimmer of hope for the anti-plastics team, it’s that the oil interests are outnumbered. As Yvette Arellano — the founder and executive director of the Houston-based environmental justice group Fenceline Watch — told me by email from the ground in Paris, “They know once this starts going, it’s only gonna catch more public interest and global momentum.”
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The problem isn’t just affordability, two researchers from Heatmap and MIT’s Electricity Price Hub argue. Bill volatility also creates pain for electricity consumers.
Americans have come to expect shocking electricity bills, especially in the summer months. The latest data from the Electricity Price Hub makes clear: Households in every region of the country are seeing not just record high July bills, but also bills that are sharply higher than even just a few months before.
Some may see these trends and argue that utilities and regulators set rates, but bills are ultimately the result of consumer choices about how much electricity to use. But that narrative misses the mark for a simple reason: How utilities and regulators design rates influence both summer bill swings and how much electricity consumers use. Seasonal rates and other features of electricity pricing can exacerbate summer bill swings and inform customers’ decisions about whether certain electricity uses — even running the air conditioner on an extremely hot day — are worth it.
The scale of this summer’s electricity bill increases is striking. Nationwide, the average household electricity bill was $90 per month, or 71% higher in July than it was in April of this year. Not only are bills up, they are up from a high base. The national average bill in April 2026 was higher than any previous April average in the Electricity Price Hub data, and 37% higher than the national average in April five years ago.
These trends are not just driven by a few states. There are households in every corner of the country experiencing sharp increases in their power bills this summer.
At the state level, average household bills have increased the most in New Jersey (up 163%), Nevada (157%), and Oklahoma (133%), but bills have at least doubled in 11 states and are up 1.5 times in 24 more.
In 19 different states, average household bills from major utilities at least doubled from April to July, adding between $72 and $214 per month to their average customers’ bills. In 12 of those states — including some in the Northeast, Mountain West, South, and Southeast — more than 40% of all households are served by utilities whose average bills have at least doubled this summer.
Greater electricity use is a big part of what’s at play in these trends, but it’s not the whole story. Higher summer rates also contribute, in many cases. Rate design, market conditions, and regulatory processes can all cause electricity prices to change throughout the year.
Some utilities, for instance, have rates that vary seasonally, automatically adjusting in the summer months. Seasonal rates contribute to summer bill increases for eight of the 10 utilities whose average bill increased most from April to July. For three of those utilities, over half of the April-to-July increase was driven by seasonal rates. For another five, seasonal rates play a meaningful role, compounding usage-driven increases. For only two does the increase come back to usage alone.
Taken together, these findings suggest that summer bill shocks are not simply a function of warmer weather. In many cases, they also reflect deliberate choices about how utilities price electricity during the summer months.
Even where higher usage is the primary driver of rising summer bills, the way utilities structure rates influences how much customers can save by using less electricity or shifting when they consume power.
Across the utilities with the largest April-to-July bill increases, there is considerable variation in how they calculate a customer’s monthly bill. All include a mix of fixed monthly fees and charges based on usage, measured in dollars per kilowatt-hour. But the balance between these components differs significantly, with fixed charges contributing from 4% to 23% of average bills over the past 12 months. Some utilities apply the same per kilowatt-hour rate year-round, while others increase rates in the summer. For some, the same rate applies to the total amount of electricity customers use in a month, while others have rates that increase for higher tiers of usage.
That means the design of residential rates also determines how much households actually benefit from using less electricity. Two households may receive similar-sized bills, but depending on how their utilities structure their rates, customers can see very different savings from cutting back.
The three New Jersey utilities in the top 10 illustrate one approach: They all have relatively small fixed customer charges, along with per-kilowatt-hour rates that vary both seasonally and by usage tier. For example, Jersey Central Power & Light’s distribution charge shifts from a single volumetric charge in the winter to a tiered structure in the summer, with usage above 600 kilowatt-hours priced at a higher rate. This structure contributes to sizable seasonal bill swings, but it also creates a strong financial incentive to limit summer usage.
The average household in JCP&L’s service area used more than 1,000 kilowatt-hours in July 2025. Had that household used 15% less electricity, it would have saved roughly $50 that month; a 25% reduction would have saved $82. At current rates, a 25% reduction in usage would cut the average bill by 28%, and every 4 kilowatt-hour reduction in usage over 600 kilowatt-hours saves a dollar.
Nevada Power takes a different approach. Its residential rate consists of a larger fixed customer charge — contributing 14% of total average bills over the last year — and a set of volumetric rates that do not vary by season or usage level. As a result, consumers have less of a financial incentive to reduce consumption. A household would need to reduce usage by roughly 8.4 kilowatt-hours to save a dollar, and cutting electricity use by 25% would reduce the bill by about 23% — meaningfully less than under JCP&L's structure.
While seasonal variability in bills is expected and not on its face problematic, it is important to recognize that unpredictability and month-to-month volatility in power bills can compound energy affordability challenges. And although regulators cannot control the weather, the choices they make about rates influence the agency households have in managing their bills each month.
This then raises the question: Should utilities and regulators consider bill stability and its impact on affordability in setting rates? Staff for the Arizona Corporation Commission, which is currently considering requests from the state’s two investor-owned utilities to raise average household bills by around 15%, recently testified that “affordability and energy burden are not pertinent to ratemaking” — that they are, instead, “societal issues.” But that is exactly the wrong sentiment.
Affordability and bill stability both deserve to be explicit considerations in ratemaking, carefully weighed against other objectives and not dismissed or treated as an afterthought. Doing so may look different in different places and does not require prioritizing bill stability over all else. But where households are struggling to manage unpredictable power bills, regulators should be sensitive to those trends and lend greater weight to measures that boost households’ ability to manage usage and limit bills, should they choose to.
That may mean more effective and targeted energy efficiency and demand response programs and incentives for utilities to promote uptake. In some cases, it may call for better customer education on available rate schedules and ways to manage bills, and ultimately it may require more modern rate design. Whatever the response, stability is part of affordability. Wild bill swings add to the burden of record-high bills — a fact that utilities and regulators cannot afford to ignore.
On Trump’s mineral deals, the gas turbine backlog, and Turkic offshore wind
Current conditions: Tropical Storm Lala could strengthen into a hurricane before hitting Hawaii’s Big Island, becoming the first such storm to make landfall there since 1900 • A glacial outburst at Suicide Basin near Juneau, Alaska, is raising the Mendenhall River • Temperatures surpassed 107 degrees Fahrenheit in Zaragoza, the inland capital of Spain’s Aragon region.

The United States is rapidly approaching a two-decade streak as the world’s No. 1 producer of natural gas. The country held the top spot between 2009 and 2024, the latest year for which the U.S. Energy Information Administration has data. But America pumped record volumes of natural gas last year. And now the federal energy research agency forecasts 2026 will be another record year. Marketed natural gas production — the total volume that actually makes it to market, minus what’s burned off or leaks as waste — is set to reach an average of 122.5 billion cubic feet per day in 2026, up from 2025’s record of 118.5 billion cubic feet per day. The new milestone is the result of expanded drilling in the Permian region that straddles Texas and New Mexico, and in the Haynesville area, between Texas and Louisiana.
When the Trump administration first started buying up equity stakes in mining companies, former officials from the Biden administration told my colleague Matthew Zeitlin they were “jealous” that the Republican White House had the guts to try something novel to compete with China on the metals needed for defense and energy technologies. Now, however, top Democrats are asking federal watchdogs to probe whether the American taxpayer is actually getting good deals. New Mexico Senator Martin Heinrich, the ranking member of the Senate Energy and Natural Resources Committee, and Representative Jared Huffman, the top Democrat on the House Natural Resources Committee, called on the Government Accountability Office to open an investigation into potential conflicts of interest. In a letter sent last week to Acting U.S. Comptroller General Orice Williams Brown and published Thursday on E&E News, the lawmakers accused the White House of violating rules to assess the financial risk of federal purchases. “These equity acquisitions also create potential conflicts of interest for federal agencies because a significant portion of the planned mining operations are located on federal lands,” they wrote. “With the executive branch now holding direct financial equity in these private mining operations, the federal government is required to act simultaneously as a mining investor and land-use regulator, an inherent conflict of interest.”
Mitsubishi’s backlog of orders for large-frame gas turbines is now more than twice its output from last year. In the 2025 fiscal year, the Japanese industrial giant delivered 16 gigawatts of gas turbines and had a backlog of 23 gigawatts. Just halfway through 2026, that backlog has ballooned to 35 gigawatts, executives told investors on the latest quarterly earnings call. The update, announced in Japan last week and covered in English by Utility Dive on Thursday, shows that “demand for large-frame gas turbines remains broadly in line with, or slightly above, the strong level we had anticipated,” Hiroshi Nishio,the chief financial officer of Mitsubishi Heavy Industries.
Power electronics maker Heron Power, meanwhile, unveiled plans for a $100 million factory in Morgan Hill, California. The startup, led by a former Tesla executive, aims to produce next-generation transformers that can patch more solar panels and batteries on the grid and help ease some of the issues that arise from the direct current-based electricity sources. The first factory is designed to churn out 40 gigawatts of Heron Links, the transformer product, per year. “America's grid has to grow faster than it has in decades. We’re seeing new demand from AI and EVs, and at the same time new supply from solar and storage,” Drew Baglino, Heron Power’s chief executive and founder, said in a statement. “The equipment running the grid hasn’t changed in 50 years. Heron Factory One in Morgan Hill is how we fix that. We’re manufacturing the leapfrog technology our grid needs, at scale, in America first.”
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Offshore wind is in retreat in the U.S., where, as my colleague Robinson Meyer wrote this week, the Trump administration is paying billions to kill projects that were already dead or dying. The industry’s tide is also ebbing in Japan, where the new right-wing government of Sanae Takaichi is putting a heightened focus on nuclear power. Elsewhere, however, offshore wind is booming. Europe is only expanding its plans. China is steadily dominating the industry. And East Asian countries such as South Korea and Taiwan are expanding their sectors.
Now two of the richest countries in the Turkic world are laying plans for more offshore turbines. Turkey announced plans this week for its first offshore wind tender in the first quarter of 2027, Renewables Now reported. Azerbaijan, meanwhile, this week formally designated a 275-square-mile section of water in the Caspian Sea for offshore wind development, per offshoreWIND.biz. The moves highlight the extent to which the U.S. government stands alone in its view that offshore wind has no role in a modern electricity mix. Turkey, after all, is doubling its domestic production of gas and completing its first nuclear plant. Azerbaijan is famously rich in natural gas and produces a decent amount of hydropower. Yet both countries are still charging ahead on offshore wind.
Deep-sea mining isn’t yet technically legal in international waters. But the Trump administration isn’t waiting, creating the regulatory frameworks for domestic approvals and opening the area around one of America’s Pacific territories to exploration. Japan has been eager to follow suit. Now Washington and Tokyo are planning to meet “centuries’ worth of industrial demand” by establishing what Mining.com called the world’s deepest undersea mine in a bid to take on China’s mineral dominance. The mineral extraction would take place more than 1,000 miles southeast of Tokyo on an uninhabited speck of land called Minamitorishima, where Japanese scientists carried out tests pulling rare earths out of mineral-rich mud.
China is actively building more reactors at home than all other countries combined and singlehandedly restarted the race for novel technologies after hooking the world’s only commercial high-temperature gas-cooled reactors up to the grid in 2023. So far, Beijing’s two state-owned nuclear companies have remained focused on building light water reactors. Just one new high-temperature gas-cooled unit, designed to have more than twice the output of the first version, is currently underway at a facility where the fourth-generation, helium-cooled technology will be paired with third-generation, water-cooled reactors. Now the developer, the China National Nuclear Corporation, has made plans to procure a contract for the reactor for the first time, laying the groundwork for future deals to purchase units specifically designed to reach high temperatures. The “first concrete” for the plant is expected to be poured by the end of 2026, World Nuclear News reported.
Investment in zero-carbon energy and transportation surged this spring, driven by consumer EV and battery buying.
This is an edition of Heatmap Daily, an evening review of the day’s news written by our executive editor. Sign up for it here.
Ready to be surprised? Clean energy and transportation investment surged in the second quarter of this year, rising to more than $75 billion in total, according to new data released earlier this week.
In fact, this spring was the second biggest quarter for U.S. clean investment in nominal terms since at least 2018, when data started to be kept. More than 5% of overall investment in the United States went into a clean energy or transportation industry.
That’s according to the Clean Investment Monitor, a joint project of the MIT Center for Energy and Environmental Policy Research and the Rhodium Group, a private research firm. The monitor tracks nationwide investment across a number of sectors that make up the new electricity economy, including critical mineral refining, battery manufacturing, solar and wind installation, and electric vehicle and heat pump purchases by consumers (among other variables).
Outside of a promising headline number, the story is a mixed one. Investment in America’s clean manufacturing sector started growing again last quarter after falling for 18 months; it remains about 24% below where it was a year earlier, according to the project. The new growth came overwhelmingly from investment in the EV supply chain — defined as “critical minerals, batteries, vehicle assembly, and charging equipment” — driving a staggering 88% of all clean manufacturing investment. That subsector alone made up more than 9% of all U.S. clean investment.
The more interesting story — and what leaps out from the chart — is that retail activity drove the spring resurgence. High gasoline prices helped here, pushing consumers to buy all-electric and plug-in hybrid vehicles in larger numbers. (Rivian, Tesla, and other automakers started to see an EV rebound last quarter, too, after Republicans ended EV incentives in 2025.) But the real boom came in residential batteries, which surged to an all-time high of $11 billion in quarterly sales. Consumer activity hasn’t made up such a large share of national clean investment since 2023.
This trend wasn’t just happening in the United States. We’ve talked a lot at Heatmap about whether the Strait of Hormuz crisis will drive a clean energy boom. But it's now clear the oil price shock really did encourage global EV adoption. Some 50 countries set new EV sales records in 2026’s second quarter, according to Kelley Blue Book. India, Brazil, and Australia all set record highs. That's a lot of demand destruction.