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Biden says Xi, Putin welcome at climate summit April 22

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Explains the Hydrogen Stocks rallying on Friday just before the close. WASHINGTONWASHINGTON (Reuters) -The United States has invited the leaders of China and Russia to participate in a global summit on climate change in April, U.S. President Joe Biden said on Friday. Climate change is one area U.S. officials believe it is possible to do business with China and Russia, despite deep differences on a host of other issues. The Biden administration is expected to announce what the White House called "an ambitious 2030 target" for reducing carbon emissions by the time of the summit. Biden told reporters he had not yet spoken to the two leaders about it, "but they know they're invited." Biden told reporters he had not yet spoken to the two leaders about it, "but they know they're invited." The summit will bring together 17 countries responsible for 80 percent of global emissions and global GDP. The invitee list of 40 nations includes Canada and Mexico as well as allies in Europe and Asia as well as Israel, Saudi Arabia, the United Arab Emirates, Nigeria and South Africa. https://www.reuters.com/article/us-usa-biden-climate-idUSKBN2BI2YJ