The Biden administration'sleasing policy finds a White House grappling with the dueling pressures of tight energy markets and a fast-warming planet.
Catch up fast: The Interior Department will resume selling oil-and-gas leases on federal lands but raise the fees companies must pay on what they produce, the agency said Friday afternoon.
Rivian, the most promising automotive startup since Tesla, has exquisite timing: It's ramping up production of game-changing electric pickup trucks and delivery vans just as gas prices are soaring and people are looking for alternatives to fossil fuels.
Yes, but: Rivian's vehicles are also launching into the teeth of unprecedented, industrywide supply chain disruptions that could delay or derail the company's ambitious growth plans.