Biden faces internal split over funding oil and gas projects overseas
The Biden administration is backtracking on its promise to end U.S. financial support for international fossil fuel projects, sparking an internal policy debate among top officials as they seek to balance climate goals, energy security, and diplomatic alliances. POLITICO\u2019s Zack Colman breaks down this controversial policy pivot, the tense dynamics within the Biden administration, and the climate and geopolitical implications. Plus, companies have announced more than $270 billion in clean energy investments in the past year according to a new report from the American Clean Power Association.\n\nFor more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch\n\nAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy\n\nCatherine Morehouse is an energy reporter for POLITICO. \nZack Colman covers climate change for POLITICO. \nNirmal Mulaikal is a POLITICO audio host-producer. \nAnnie Rees is a senior audio producer-host at POLITICO. \nGloria Gonzalez is the deputy energy editor for POLITICO. \nMatt Daily is the energy editor for POLITICO.