Energy

White House: U.S. not alone in touting fossil fuels at climate conference

Protesters disrupt Trump administration fossil fuels event at climate conference Monday in Poland.
Protesters disrupt an event Monday hosted by the Trump administration touting fossil fuels at climate conference. Photo: Amy Harder/Axios

KATOWICE, Poland — President Trump’s focus on cleaner fossil fuels and nuclear power is shared by other nations, a top White House official said at a major climate-change conference Monday.

Driving the news: The Trump administration hosted an event Monday that included comments from the U.S. and Australian governments on the importance of making fossil fuels cleaner and also including nuclear power, which emits no carbon dioxide but is nonetheless controversial for its radioactive footprint.

Oil prices volatile after OPEC-Russia deal

Saudi and Russia energy ministers
Saudi Energy Minister Khalid al-Falih (L) and Russian Energy Minister Alexander Novak at a meeting of OPEC and non-OPEC members. Photo: Amer Hilabi/AFP/Getty Images

The big energy market news over the weekend was OPEC and Russia agreeing in Vienna Friday to curb output by 1.2 million barrels per day compared to October levels.

Why it matters: The decision to curb output starting in January quickly boosted prices a bit, though they remain far below where they were 2 months ago.

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