U.S. House bill seeks $8 billion for abandoned oil and gas well cleanup

© Reuters. Abandoned oil well in Olean, New York By Nichola Groom (Reuters) – A U.S House of Representatives Democrat introduced a bill on Thursday authorizing $ 8 billion to plug and clean up abandoned oil wells nationwide, a measure aimed at creating jobs for oil and gas workers and reducing climate-warming emissions. More than […]

Continue Reading

Biden aides to host meeting on supply chain issues: White House

© Reuters. U.S. President Biden holds Cabinet meeting at the White House in Washington WASHINGTON (Reuters) – Two top White House aides will host a meeting on the resiliency of the U.S. supply chain amid a broader policy review on the issue, an official said on Thursday. White House press secretary Jen Psaki said the […]

Continue Reading

White House adviser to meet oil on climate goals: sources

© Reuters. FILE PHOTO: McCarthy speaks about the climate at the White House in Washington By Valerie Volcovici and Jarrett Renshaw WASHINGTON (Reuters) – Representatives from the oil and gas industry will discuss potential methane regulation and how companies can align with the Biden administration’s climate goals with national climate adviser Gina McCarthy on Wednesday, […]

Continue Reading

Biden wants to make child tax credit permanent, White House says

ABOARD AIR FORCE ONE (Reuters) – President Joe Biden wants to make the child tax credit included in his $ 1.9 trillion coronavirus relief program permanent, White House press secretary Jen Psaki told reporters on Tuesday. Biden and other officials in his administration are traveling across the United States to promote and explain the newly […]

Continue Reading

White House launches clean energy effort, $100 million in technology funding

2/2 © Reuters. FILE PHOTO: Solar panels are seen on a parking garage in Palm Springs 2/2 By Valerie Volcovici WASHINGTON (Reuters) – The Biden administration on Thursday announced the U.S. Department of Energy will offer $ 100 million in funding to support low-carbon energy technologies and create a working group to aid their development […]

Continue Reading

15 U.S. senators urge White House action on auto chip shortage

2/2 © Reuters. U.S. Senate Majority Leader Chuck Schumer (D-NY) speaks at a news conference at the U.S. Capitol 2/2 (Reuters) – A group of 15 U.S. senators on Tuesday including Majority Leader Chuck Schumer and Republican John Cornyn urged the White House to work with Congress to address the global semiconductor shortage that is […]

Continue Reading

Approval for the UK – EU Brexit trade deal is unopposed in the UK upper house

The legislation to ratify the deal is as good as finalised. No opposition in the House of Lords for the third reading.  — Added – and yep, all done. The Brexit trade deal is approved by the UK parliament.  For bank trade ideas, check out eFX Plus Let’s block ads! (Why?) Forexlive RSS Breaking news […]

Continue Reading

US House has easily passed the COVID $2000 check bill, as promised

The bill to boost checks to $ 2000 instead of the current $ 600 has easily passed the House of Representatives in Congress. Earlier: It was fast-tracked with a majority of more than two thirds in the House. It now heads to the Senate where McConnell has not yet even committed to taking the bill […]

Continue Reading

Biden taps Deese to head climate-focused White House economic council

© Reuters. FILE PHOTO – White House senior advisor Brian Deese By Trevor Hunnicutt, Valerie Volcovici and Andrea Shalal WILMINGTON, Del. (Reuters) – U.S. President-elect Joe Biden on Thursday named Brian Deese, who helped lead President Barack Obama’s efforts to bail out the automotive industry and negotiate the Paris climate agreement, as his top economic […]

Continue Reading

Aviation contractors axed jobs as U.S. delayed aid, House panel finds

2/2 © Reuters. FILE PHOTO: An empty International Terminal of San Francisco International Airport is pictured after the U.S. air travel ban, in San Francisco 2/2 By Tracy Rucinski CHICAGO (Reuters) – U.S. aviation contractors laid off thousands of workers due to delays in payroll aid from the U.S. Treasury that was meant to protect […]

Continue Reading