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Al Gore Said Something Funny at COP28

The former U.S. Vice President invoked Dickens in an interview with Bloomberg.

Former Vice President Al Gore at COP28.
Heatmap illustration/Getty Images

Al Gore is done mincing words. In a TED Talk this past July titled “What the fossil fuel industry doesn’t want you to know,” the former U.S. Vice President and long-time climate champion took aim at the major oil and gas producers. “They have used fraud on a massive scale,” he said. “They’ve used falsehoods on an industrial scale. And they’ve used their legacy political and economic networks, lavishly funded, to capture the policymaking process in too many countries around the world.”

So you can imagine how he might feel attending COP28 in a petrostate (the United Arab Emirates), hosted by a petroexecutive (Abu Dhabi National Oil Company CEO Sultan Ahmed Al-Jaber), surrounded by petrorepresentatives (more than 2,400 of them).

Gore expressed some of his frustration to Bloomberg’s Akshat Rathi in an interview for the Zero podcast. The COP requirement that all nations reach consensus gives oil and gas-producing nations too much power, he said roughly eight minutes into the interview. Except he said it funnier than that:

“The situation that leaves our world community in is that we have to beg for permission from the petrostates. ‘Please, sir, may we protect the future of humanity?’ ‘No, sorry.’”

You can find more excerpts from the interview here or listen to the full episode below.

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Sparks

These 21 House Republicans Want to Preserve Energy Tax Credits

For those keeping score, that’s three more than wanted to preserve them last year.

The Capitol.
Heatmap Illustration/Getty Images

Those who drew hope from the letter 18 House Republicans sent to Speaker Mike Johnson last August calling for the preservation of energy tax credits under the Inflation Reduction Act must be jubilant this morning. On Sunday, 21 House Republicans sent a similar letter to House Ways and Means Chairman Jason Smith. Those with sharp eyes will have noticed: That’s three more people than signed the letter last time, indicating that this is a coalition with teeth.

As Heatmap reported in the aftermath of November’s election, four of the original signatories were out of a job as of January, meaning that the new letter features a total of seven new recruits. So who are they?

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Sparks

The Country’s Largest Power Markets Are Getting More Gas

Three companies are joining forces to add at least a gigawatt of new generation by 2029. The question is whether they can actually do it.

Natural gas pipelines.
Heatmap Illustration/Getty Images

Two of the biggest electricity markets in the country — the 13-state PJM Interconnection, which spans the Mid-Atlantic and the Midwest, and ERCOT, which covers nearly all of Texas — want more natural gas. Both are projecting immense increases in electricity demand thanks to data centers and electrification. And both have had bouts of market weirdness and dysfunction, with ERCOT experiencing spiky prices and even blackouts during extreme weather and PJM making enormous payouts largely to gas and coal operators to lock in their “capacity,” i.e. their ability to provide power when most needed.

Now a trio of companies, including the independent power producer NRG, the turbine manufacturer GE Vernova, and a subsidiary of the construction firm Kiewit Corporation, are teaming up with a plan to bring gas-powered plants to PJM and ERCOT, the companies announced today.

The three companies said that the new joint venture “will work to advance four projects totaling over 5 gigawatts” of natural gas combined cycle plants to the two power markets, with over a gigawatt coming by 2029. The companies said that they could eventually build 10 to 15 gigawatts “and expand to other areas across the U.S.”

So far, PJM and Texas’ call for new gas has been more widely heard than answered. The power producer Calpine said last year that it would look into developing more gas in PJM, but actual investment announcements have been scarce, although at least one gas plant scheduled to close has said it would stay open.

So far, across the country, planned new additions to the grid are still overwhelmingly solar and battery storage, according to the Energy Information Administration, whose data shows some 63 gigawatts of planned capacity scheduled to be added this year, with more than half being solar and over 80% being storage.

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Sparks

An Emergency Trump-Coded Appeal to Save the Hydrogen Tax Credit

Featuring China, fossil fuels, and data centers.

The Capitol.
Heatmap Illustration/Getty Images

As Republicans in Congress go hunting for ways to slash spending to carry out President Trump’s agenda, more than 100 energy businesses, trade groups, and advocacy organizations sent a letter to key House and Senate leaders on Tuesday requesting that one particular line item be spared: the hydrogen tax credit.

The tax credit “will serve as a catalyst to propel the United States to global energy dominance,” the letter argues, “while advancing American competitiveness in energy technologies that our adversaries are actively pursuing.” The Fuel Cell and Hydrogen Energy Association organized the letter, which features signatures from the American Petroleum Institute, the U.S. Chamber of Commerce, the Clean Energy Buyers Association, and numerous hydrogen, industrial gas, and chemical companies, among many others. Three out of the seven regional clean hydrogen hubs — the Mid-Atlantic, Heartland, and Pacific Northwest hubs — are also listed.

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