(Bloomberg) -- The Biden administration approved Louisiana’s bid to take the lead role in vetting and overseeing carbon dioxide storage wells in the state, a blow to environmentalists and some local residents who battled the plan. Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionBridgewater CEO’s Past Office Romance Led to Favoritism ClaimsChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerL’Oreal Heir Francoise Bettencourt Meyers Beco