Energy briefs

** The Senate is poised to send a major energy bill to President Biden’s desk this week, which could allow for more nuclear power to be built throughout the U.S. The legislation seeks to reduce fees for companies that are proposing to build nuclear reactors and establishes a prize that aims to incentivize nuclear deployment.

** Fisker filed for bankruptcy protection late on Monday, as the U.S. electric-vehicle maker looks to salvage its operations by selling assets and restructuring its debt after burning through cash in an attempt to ramp up production of its Ocean SUVs.

** Workers at an electric vehicle battery plant ratified a deal between the United Auto Workers union and Ultium Cells to make batteries for General Motors’ electric vehicles.

** A U.S. judge on Monday dismissed a lawsuit Exxon Mobil had filed against activist group Arjuna Capital after the group had agreed not to pursue future proxy filings at the company’s annual meetings. The lawsuit by the largest U.S. oil company had raised alarm among activists and public pension investors who argued it would muzzle debate among shareholders and public companies.

** Michigan Attorney General Dana Nessel‘s lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs in state court, a federal appellate panel ruled Monday.


** China has reduced power generation from fossil fuels as output from sunlight and water surges, feeding hopes that the world’s biggest polluter may have peaked emissions years before its own deadline.

** The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports, just days after the EU said it plans to impose provisional tariffs on China-made electric vehicles.

** Ukraine claimed responsibility Tuesday for an overnight drone attack on a Russian oil facility that started a massive blaze in the latest long-range strike by Kyiv’s forces on a border region.

** Denmark is considering ways to stop a so-called shadow fleet of tankers from carrying Russian oil through the Baltic Sea, the Nordic country said on Monday, triggering a sharp response from Moscow’s diplomats who said any such move would be unacceptable.