Efforts to curtail financing of international fossil fuel infrastructure development received a substantial boost from the Biden administration’s broad climate executive order rolled out Jan. 28. Receive daily email alerts, subscriber notes & personalize your experience. Register Now A provision in the order directed US treasury and energy secretaries to work with two key financing entities — US Export-Import Bank and US International Development Finance Corporation — to identify steps through which the US can “promote ending international financing of carbon-intensive fossil fuel-based energy,” while advancing sustainable development. The wording does not specify the resources to be targeted, leaving energy market observers speculating over whether gas project investments would be at risk. If so, the order could squelch nascent efforts under the Trump administration, and encouraged by LNG developers, to help spur […]