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White House climate advisor Gina McCarthy. Photo: Joshua Roberts/Getty Images

President Biden's senior domestic climate official met with top oil-and-gas executives Monday as the industry braces for White House emissions policies.

Why it matters: A White House summary claims they're seeking common ground with the sector.

  • The virtual meeting with top aide Gina McCarthy featured discussion of "shared priorities" around climate, jobs and clean energy, it states.
  • "She made clear that the Administration is not fighting the oil and gas sector, but fighting to create union jobs, deploy emission reduction technologies, strengthen American manufacturing, and fuel the American economy," the White House said.

The big picture: Via Bloomberg, oil execs pledged support for regulations limiting methane emissions and "urged greater government support of carbon-capture and hydrogen technology."

  • Per its piece and the Wall Street Journal, the execs also backed carbon pricing, though my usual reminder that the political pulse for taxes or trading is very faint.

The details: The meeting, per sources and published reports, included CEOs or other top officials from oil majors like Chevron, Exxon and BP, as well as trade groups and large independent producers like Occidental and Devon.

Administration officials included McCarthy deputy Ali Zaidi and Laura Daniel Davis, who is a senior Interior Department official.

The intrigue: The meeting comes ahead of Interior's virtual public meeting Thursday on the department's approach to oil-and-gas leasing on public lands.

  • President Biden has frozen issuance of new leases, drawing strong attacks from industry groups, Republicans, and some oil-patch Democrats.
  • But some green activists and progressive Democrats want to see even more aggressive steps to curb fossil fuel extraction.

What they're saying: The American Exploration & Production Council, which represents large independents, said after Monday's meeting that they want to work with the administration to ensure U.S. production meets global demand.

They back U.S. production at the "highest standards" and want to ensure climate policies "do not shift production and emissions overseas."

Go deeper

Biden's pick to lead major banking regulator drops out

Saule Omarova, nominee for Comptroller of the Currency, at a confirmation hearing on Nov. 18. Photo: Anna Moneymaker/Getty Images

President Biden's pick to head one of the country's most powerful banking regulators is dropping out of consideration for the post, according to a statement from Biden that accepted the withdrawal.

Why it matters: Saule Omarova, nominated to lead the Office of the Comptroller of the Currency, faced a tough path to confirmation — with opposition from Republicans and moderate Democrats.

Judge temporarily blocks Biden vaccine mandate for federal contractors

Photo: Chip Somodevilla via Getty Images

A federal judge on Tuesday temporarily blocked President Biden's vaccine mandate for federal contractors nationwide.

Why it matters: It's the latest setback in the Biden administration's rollout of COVID-19 vaccine requirements. Federal judges in two states temporarily barred the administration from enforcing mandates for millions of workers last week.

Biden threatens Putin

Photo: Kremlin Press Office/Handout/Anadolu Agency via Getty Images

In a video call that lasted for just over two hours on Tuesday, President Biden warned Russian President Vladimir Putin that if Russia invades Ukraine the U.S. will impose unprecedented sanctions and provide additional weaponry to the Ukrainians, national security adviser Jake Sullivan said.

Why it matters: Russia's military activity on the border with Ukraine has triggered alarms from the U.S. and its European allies of a potential large-scale Russian invasion in early 2022. Sullivan said Biden made clear to Putin that, "things we did not do in 2014, we are prepared to do now."