Complete removal of fossil fuels from the global economy removes three quarters of global greenhouse emissions.

The U.S. Department of Energy (DOE) announced $3.1 billion in funding from President Biden’s Bipartisan Infrastructure Law to make more batteries and components in America, bolster domestic supply chains, create good-paying jobs, and help lower costs for families.

Fennovoima's decision to end the contract is "justified and consistent", Finland's Ministry of Economic Affairs and Employment said.

Speaking about the suitability of Thorium MSRs as an energy source for maritime applications, Jan Emblemsvåg, Professor at the Norwegian University of Science and Technology noted: “MSRs have enormous potential for enabling clean shipping.

U.S. Rig Count is up 3 from last week to 698 , Canada Rig Count is down 6 from last week to 95.

Brent rose 88 cents, or 0.8%, to $108.47 a barrel, WTI gained 55 cents, or 0.5%, to $105.91 a barrel.

ExxonMobil holds a 30% stake in Sakhalin 1. Other partners include Rosneft with 20%, Japan's Sodeco with 30% and India's ONGC Videsh with 20%.

In 2021, GHG emissions from the power sector rose by more than 8.3%, as the economic recovery fuelled the electricity demand - it returned to its 2019 level - and as the surge in European gas prices incited power generation groups to shift from gas to coal.

The plant, using Westinghouse AP1000 reactors, would be Poland’s first NPP.

“Ratification of the agreement will widen and deepen cooperation in customs control to prevent illicit trafficking of nuclear and radioactive materials, radioactive waste, and radiation hazardous items, extend cooperation in introducing modern technologies, and make possible joint exercises and training workshops.”