Democrats are enacting clean energy transitions. Guess who’s paying?

Several Democratic-led states across the country are hoping to move off fossil fuels toward a clean energy transition. But their plans carry practical and political risks – including increases in utility bills – that could hurt Democrats heading into the 2024 elections. POLITICO’s Marie French examines this trend, how it’s playing out in New York, and the lessons Democrats can learn. Plus, the Treasury Department provided an update on Friday about when to expect guidance for several clean energy tax credits under the Inflation Reduction Act. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Catherine Morehouse is an energy reporter for POLITICO. Marie J. French covers energy and the environment for POLITICO New York. Nirmal Mulaikal is a POLITICO audio host-producer. Kara Tabor is an audio producer for POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO.