The Biden Admin is working with the EU on a ban for subsidies to foreign oil and gas projects.
It’s consistent with the COP28 agreement, frees up funds for the clean energy transition, and is key to long-term climate safety.
https://news.bloomberglaw.com/business-and-practice/europe-and-us-push-for-oil-funding-curbs-deal-to-outlast-trumphttps://news.bloomberglaw.com/business-and-practice/europe-and-us-push-for-oil-funding-curbs-deal-to-outlast-trump