The Three Mile Island nuclear power plant shut down in 2019. Exelon Generation blamed the closure on a lack of state subsidies. Such subsidies are growing amid concerns that such closures abet climate change.
Soldiers patrol near the TotalEnergies complex in Cabo Delgado, Mozambique. Last year the insurgency caused TotalEnergies to put onshore operations on hold. But Italy's ENI and ExxonMobil are moving ahead with a new floating LNG ship offshore. It plans to deliver its first LNG later this year.
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President Biden appears with other G7 leaders on Sunday, as a summit at Elmau Castle in the German Alps gets underway. Biden announced a $200 billion U.S. investment as part of a global infrastructure project by major democracies to counter China's investments in developing countries.
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President Biden pitched a three-month break on the federal fuel tax to help American drivers face the highest inflation in four decades, but critics said the proposal is unlikely to work.
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