Axios

Senate Majority Leader Chuck Schumer (D-N.Y.) urged the Biden administration on Sunday to tap into the nation's emergency petroleum reserves in order to curb soaring gas prices, Reuters reported.

Why it matters: U.S. gas prices have hit seven-year highs and complicated the Biden administration's push for a clean energy transition.

GLASGOW, Scotland — International negotiators approved a climate agreement at the COP26 summit Saturday that calls for reductions in coal and fossil fuel use and transition to renewables — a first in the more than 25-year history of UN climate talks.

• However, the talks fell short of meeting developing countries' demands for access to funding to compensate them for climate-related losses.

One-third of food produced for human consumption is lost or wasted each year.

Why it matters: Given the rising cost of staples and growing rates of global hunger, curtailing food waste could be one of the most efficient ways to feed more people with the food already produced.