FOSSIL FUELS: Private equity groups have taken advantage of fossil fuel’s decline to buy oil, gas, and coal assets at rock-bottom prices, propping up the industries as the push for clean energy intensifies. (New York Times)

ALSO:
• Activist shareholders aren’t pleased with Chevron’s announced “aspiration” to reach net-zero emissions by 2050, which includes plans to use renewable sources to power its oil drilling operations. (Grist)
• Fossil fuel use will peak by the mid 2020s as cleaner sources take hold, the International Energy Agency predicts, though that transition needs to happen faster to avoid climate change’s worst effects. (New York Times)

UTILITIES:
• Millions of Americans have fallen behind on their utility bills and now live in fear of shutoffs as winter approaches, while some are already living without power or hot water. (The Guardian)
• Beyond investing in renewables, utility CEOs see underground transmission lines, nuclear energy and carbon capture as pathways to achieve net-zero carbon dioxide and methane emissions. (S&P Global)
• Community choice aggregators see monopolistic utilities as roadblocks to providing lower cost renewable energy, even in the few areas where they’re allowed to operate. (The Hill)

STORAGE: The CEO of battery developer Solid Power says the federal government needs to provide incentives or risk losing battery producers to China and other countries. (S&P Global)

ELECTRIC VEHICLES:
• General Motors reaches an agreement with Korean battery maker LG Electronics to recover most of the $2 billion in costs for a recall of Chevrolet Bolt batteries ahead of a partnership to build battery plants in Tennessee and Ohio. (Bloomberg)
• A nickel shortage could stymie the transition to electric vehicles as early as 2026, a consultancy predicts. (E&E News)

PIPELINES:
• As Canada claims an international treaty prevents the shutdown of Line 5, Native American leaders in Michigan say keeping the pipeline open threatens tribal nations’ treaty rights. (Bridge)
• Indigenous and environmental organizations deliver a letter to the White House urging President Biden to take action against the Line 3 pipeline. (Minnesota Reformer)

GRID: Newly released documents show the New England Clean Energy Connect developer’s parent company has already spent over $350 million on the project and acknowledge legal challenges could cost it $67 million in construction delays. (Portland Press-Herald)

CARBON CAPTURE: The global carbon capture and storage industry requires around $1 trillion of investments over the next 30 years to reach net-zero emissions, a pro-CCS think tank predicts. (RTO Insider, subscription)

TRANSPORTATION: The Port Authority of New York and New Jersey pauses development of a proposed $2 billion monorail to connect New York City with LaGuardia Airport following criticism over potential environmental and community impacts. (NBC New York)

WIND: New England’s burgeoning offshore wind industry is poised to offer good-paying jobs to workers across the region, but long-term jobs in the sector are rarer than short-term construction roles. (WBUR/E&E News)

Kathryn brings her extensive editorial background to the Energy News Network team, where she oversees the early-morning production of ENN’s five email digest newsletters as well as distribution of ENN’s original journalism with other media outlets. From documenting chronic illness’ effect on college students to following the inner workings of Congress, Kathryn has built a broad experience in her more than five years working at major publications including The Week Magazine. Kathryn holds a Bachelor of Science in magazine journalism and information management and technology from Syracuse University.