Big Oil to Biden: Give Renewable Fuels a Chance
Exxon and Chevron are testing cleaner blends with Toyota, but they’ll need policy support to be commercially viable.
Joe Biden has proposed the toughest curbs on car exhaust.
Photographer: David Paul Morris/Getty Images North America
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, Senior Reporter Kevin Crowley looks at Big Oil’s plans for cleaner fuels as the US clamps down on gas-guzzlers. To get this newsletter sent to your inbox, sign up here.
Joe Biden’s proposed crackdown on tailpipe emissions is straight out of the “electrify everything” climate playbook: Introduce pollution limits so tough that electric vehicles eventually become the only game in town.