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Biden orders U.S. to stop financing carbon-intense fossil fuel projects abroad- oil and gas 360

Biden orders U.S. to stop financing carbon-intense fossil fuel projects abroad

Nasdaq WASHINGTON, Dec 10) – The Biden administration has ordered U.S. government agencies to immediately stop financing carbon-intensive fossil fuel projects overseas and prioritize international collaborations to deploy clean energy technology, according to U.S. diplomatic cables. The cables, seen by Reuters, say U.S. government engagements should reflect the goals set in an executive order issued at the start of the