Energy Department – Page 5

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How the Lab Leak Theory Could Strain U.S.-China Relations

The U.S. Energy Department’s report identifying the Wuhan Institute of Virology as the likely source of the coronavirus has already generated pushback in Beijing.

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Energy Department Will Loan $2 Billion to Redwood Materials

The loan will help accelerate Redwood Materials’ plans to produce components for electric car batteries from new and recycled sources.

By Niraj Chokshi

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Biden Administration to Buy Three Million Barrels of Oil

The move appears to signal an end to the government’s effort to sell oil from a strategic reserve to help tamp down energy prices, which soared after Russia’s invasion of Ukraine.

By Clifford Krauss

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US Approves Aid to Extend Life of California Nuclear Plant

The Energy Department’s grant of $1.1 billion is the latest step that could keep the reactor in operation beyond its scheduled shutdown in 2025.

By Ivan Penn

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