🌍 Western companies pull out of Russia

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Here’s what you need to know

More Western companies are expected to pull out of Russia. Shell announced yesterday it is cutting ties with Gazprom, although the Russian giant signed a gas supply deal with China. Daimler, Harley-Davidson, Volvo and others have also said they’re suspending business.

Ukraine is selling “war bonds” to fund its military. The finance ministry told investors Ukraine won’t default on its existing debts.

Fighting intensified in Ukrainian cities. A missile hit the center of Kharkiv, near the Russian border, while satellite images show a huge Russian convoy heading to Kyiv.

Ukraine asked to join the EU. President Volodymyr Zelensky wants fast-track membership, but all 27 states have to agree to it.

Cyberattacks forced Toyota to suspend production in Japan. The world’s biggest automaker temporarily shut down its plants after one of its parts suppliers fell prey to malware.

The world is getting climate change adaptation wrong. The latest report from the Intergovernmental Panel on Climate Change says some policies intended to mitigate its impact may be making things worse.

What to watch for

US president Joe Biden delivers his first state of the union address on Tuesday night (local time) in Washington DC, against a trying backdrop.

Hardly a year into his presidency, more than half of Americans are unhappy with his performance. It’s hard to imagine what he could say to turn the mood around, but…you have to try, right? The speech, which has been in the works for months, is undergoing some last-minute edits to reflect the quickly evolving Ukraine crisis.

Here are the issues the president will likely weigh in on:

📈 Inflation: Expect Biden to commiserate with Americans about the blistering pace of price increases, while touting how his proposed policies can help ease the pain.

🦠 Covid-19: Ditto on pandemic fatigue. Attendees to the event will not be required to wear masks as the administration dials back pandemic rules.

⚖️ Supreme Court nomination: He will plug his pick, Ketanji Brown Jackson.

🇺🇦 Ukraine: He gets to boast about his handling of Putin’s aggression.

Coal-powered “clean” hydrogen?

One thorn in Biden’s side: Joe Manchin, the Democratic senator from West Virginia who tanked the passage of Build Back Better, the US president’s social spending and climate bill. Manchin did, however, help push through an Infrastructure Investment and Jobs Act that includes $9.5 billion in research and development for hydrogen.

While green hydrogen (produced using renewable energy) is seen as a low- or zero-carbon alternative to fossil fuels, Manchin is pushing for his state’s coal and natural gas resources to be a big part of the equation.

$8 billion: Amount earmarked in the infrastructure bill for four hydrogen production hubs—Manchin wants one in West Virginia

2 kg or less: CO2 emissions per kilogram of “clean” hydrogen, as defined by the legislation

18-20 kg: CO2 emissions per kilogram of hydrogen made using coal power

2-6x: Emissions from fossil fuel-derived hydrogen compared to burning fossil fuels directly

Hydrogen’s international appeal

Joe Manchin isn’t the only one with their eye on hydrogen—Russia wants to control one-fifth of the global market by 2030, while an Australian billionaire is betting the future of his iron ore company on green hydrogen. ✦ Stay up to date with all of Quartz’s climate economy coverage by becoming a member—start your seven-day free trial today.

Handpicked Quartz

🛩 War in Ukraine could ground the world’s biggest cargo jets…

📱 …And if Ukraine’s neon exports flag, the chip shortage will get worse

🇳🇬 Nigeria is documenting its citizens who fled Ukraine to bring them home

🎸 These are the big music acts canceling shows in Russia…

⚽️ …While Russia is finally banned from international soccer…

🍸 …And US states are banning Russian booze

Surprising discoveries

Old photos were recovered from a famous 19th-century shipwreck. The Atlantic Ocean claimed the lives of many gold miners, but it spared the images they had with them.

Want to get married in Italy? The Lazio region will help pay for it.

But do you want Italian wedding bells to ring out? Now that everyone’s home a lot more, the residents of one town are determined to silence some very active church bells.

But do you want it to be real? A US woman’s wedding was all in her head—along with another fake wedding and two fake pregnancies—to the shock of her bridesmaids.

Or should you just give in and model it after the movies? Learn about Bollywood’s big fat impact on the massive Indian wedding industry in the latest episode of the Quartz Obsession podcast.

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Our best wishes for a productive day. Send any news, comments, turmeric paste, and imaginary rings to hi@qz.com. Get the most out of Quartz by downloading our iOS app and becoming a member. Today’s Daily Brief was brought to you by Hasit Shah, Ana Campoy, Aurora Almendral, Susan Howson, and Liz Webber.