Why DOE wants the fossil fuel industry to apply for its loans

The Department of Energy made a controversial pitch to the fossil fuel industry this week: take our loans and use them to cut your emissions through new technology. So far though, there’s been little interest from the industry, and environmentalists are now upset with DOE’s outreach. POLITICO’s Ben Lefebvre breaks down DOE’s push. Plus, newly minted House Speaker Mike Johnson is already drawing the criticism of environmentalists due to his support from the oil and gas industry. 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 and the host of the POLITICO Energy podcast. Ben Lefebvre is an energy reporter for POLITICO. 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.