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Biden Tax Plan Swaps Fossil Fuel Subsidies with Clean Energy Incentives

Unwinding tax breaks on fossil fuel companies could face opposition from Biden's fellow Democrats in the U.S. Congress from energy-producing states.

Legislative Watch: Legislative Watch: Federal court stops increased line speeds; Delay ELD enforcement; Deputy under secretary for food safety named.

Asian markets have edged higher after optimistic investors pushed Wall Street to new highs overnight.

The plan also includes $16 billion to plug abandoned oil and gas wells.

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