COP27, the 27th annual United Nations Climate Change Conference, kicked off on Sunday, and the U.S. appears to be showing a new willingness to pay loss and damage to nations already suffering from the ravages of climate change. But the stance appears to be predicated on one big caveat: China should also contributes, since it’s the leading greenhouse gas emitter and is expected to be so for decades. POLITICO’s Zack Colman breaks down why the U.S. is now willing to pay climate reparations and what climate vulnerable countries are demanding. Plus, it’s Election Day and here’s what to expect for energy policy if Republicans take the House back.

Josh Siegel is an energy reporter for POLITICO. 

Zack Colman covers climate change for POLITICO. 

Nirmal Mulaikal is a POLITICO audio host-producer. 

Raghu Manavalan is a senior editor for POLITICO audio.

Jenny Ament is the executive producer of POLITICO’s audio department.

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