Looking to salvage his environmental agenda, President Biden is considering declaring a national climate emergency as soon as this week, according to the Washington Post. The decision could redirect funds for clean energy projects and restrict offshore drilling, or even curtail the movement of fossil fuels aboard ships, trains and pipelines. Biden may also use the Defense Production Act to ramp up output of renewable energy products and systems, though any executive action would face the reality of high gas prices, as well as a likely court challenge. There is probably nothing more important for our nation and our world than for the United States to drive a bold, energetic transition in its energy economy from fossil fuels to renewable energy," Senator Jeff Merkley (D-OR) told reporters. "This also unchains the president from waiting for Congress to act." https://seekingalpha.com/market-news/wall-street-breakfast?mailingid=28424136&messageid=wall_street_breakfast&serial=28424136.2449723&utm_source=seeking_alpha