COP27: The European Union proposes a loss and damage fund for vulnerable countries funded by donations and payments for fossil fuel emissions; U.S. delegates had yet to share their thoughts. (Guardian, E&E News)

ALSO: With talks wrapping tomorrow, climate negotiators have yet to complete a draft agreement summing up promises made at COP27. (Washington Post)

POLITICS:
• As Republicans retake the House, leaders say they’re preparing an energy package that would seek to speed environmental permitting to boost domestic fossil fuel production and critical mineral mining. (E&E News, Axios)
• The American Petroleum Institute paid more than $3.5 million to a Virginia political group that funded ads praising conservative Democratic Congress members for supporting supposedly pro-climate policies. (Sludge)

GRID:
• As federal regulators consider establishing independent monitors to provide oversight on transmission projects, power and transmission companies say it will add unnecessary bureaucracy. (States Newsroom)
• The Biden administration says it will distribute $13 billion in grid modernization funding, the biggest federal transmission investment in history. (The Hill)
• Clean energy tax credits in the Inflation Reduction Act could upend key aspects of utility resource planning, according to a panel of grid experts. (Utility Dive)

ELECTRIC VEHICLES:
• A report finds the global electric vehicle transition is underway, with U.S. sales more than doubling from 2020 to 2021 and expected to grow further this year. (Utility Dive)
• Volkswagen delays a key battery project from 2026 until the end of the decade, complicating its attempt to overtake Tesla as the biggest electric vehicle maker. (Chattanooga Times Free Press)
• General Motors’ CEO says he expects the company’s pivot to electric vehicles to turn a profit by 2025. (Associated Press)

HYDROPOWER: Federal regulators greenlight the removal of four fish-harming hydropower dams on the Klamath River in Oregon and California, drawing tribal nations’ and environmentalists’ applause. (High Country News) 

CLIMATE: American and Canadian officials announce plans to establish a green shipping corridor along the Great Lakes and St. Lawrence River that relies on zero-emission fuels and technologies to reduce or eliminate emissions. (NNY360) 

OIL & GAS:
• The U.S. EPA will require new air permits before an idled U.S. Virgin Islands refinery that repeatedly rained oil on neighboring homes can restart. (Washington Post)
Texas regulators investigate oil and gas wastewater injection wells after the Permian Basin is shaken by a 5.3-magnitude earthquake, the region’s largest on record. (Bloomberg)
Conservation and taxpayer advocates call on the Biden administration to increase oil and gas reclamation bond requirements to ensure industry, not taxpayers, foots cleanup costs. (WyoFile)

SOLAR: Industry groups and companies urge the Commerce Department to reject a small solar company’s claims that panels imported from some southeast Asian countries avoided tariffs on Chinese-made solar components. (Utility Dive)

ELECTRIFICATION: A California startup plans to equip induction stoves with lithium-ion batteries, allowing them to draw less electricity from an outlet and letting owners avoid electric panel upgrades. (Canary Media)

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Kathryn Krawczyk

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.