British Prime Minister Boris Johnson is slated to announce this week that sales of new internal combustion vehicles will be banned by 2030, the Financial Times reports.
Why it matters: It would be among the world's most aggressive policies to bolster deployment of electric vehicles and curb transportation emissions.
OPEC+ committees are holding talks today and tomorrow ahead of pivotal meetings in two weeks that will decide the next steps in the group's production-limiting agreement.
Why it matters: The OPEC+ group — led by Saudi Arabia and Russia — could send more signals that they'll delay plans to lower the amount of joint production cuts in order to avoid undercutting the limited and fragile price recovery.
The Interior Department will imminently take the next step toward selling drilling leases in Alaska's Arctic National Wildlife Refuge before President Trump leaves office, Bloomberg reports.
Driving the news: They report that as soon as today, Interior will issue a "call for nominations" for parcels to auction at a sale of drilling rights in 1.6 million acres of the refuge's coastal plain.
President-elect Joe Biden will face constraints of both politics and time when it comes to pursuing his aggressive climate-change agenda.
Driving the news: Biden will enter a White House after four years of President Trump rolling back climate policies and time running out to substantively address the problem.
