Good morning from the Financial Times. Today is Wednesday, March 3rd, and this is your F-T news briefing.

The Biden administration has brokered an unusual production deal between two big drug makers and said the U.S. would have enough coronavirus

vaccine doses for every adult before the end of spring.

Carbon emissions have rebounded to pre-pandemic levels and China's huge financial payments company and group is once again

defying Beijing. Plus, Germany is falling behind in the race to vaccinate its citizens. We'll talk about the role public

distrust is playing in a vaccine rollout that's becoming a national embarrassment. I'm Mark Filipino and here's the news you need to start your day.

President Joe Biden said on Tuesday that the U.S. would soon be able to vaccinate its entire adult population.

Thanks to an unusual deal his administration has engineered between two of the country's biggest drug makers.

I want to thank Johnson and Johnson and Merck for stepping up and being good corporate citizens during this national crisis.

Here's what all this means. We're now on track to have enough vaccine supply for every adult in America by the end of May.

Merck is already one of the world's largest vaccine makers but it's fallen behind in the race to develop a

COVID-19 vaccine. Now it'll receive nearly $270 million from the U.S. government to adapt its manufacturing facilities to help Johnson and Johnson produce more of

its COVID-19 vaccine. Merck says the funding would accelerate its efforts to scale up manufacturing capacity and delivery.

The state of Texas isn't waiting around though. Texas Governor Greg Abbott yesterday lifted the state's mask mandate and all limits on businesses.

Global emissions have made a comeback. On Tuesday the head of the International Energy Agency or IEA said that in

December global carbon emissions were higher than they were 12 months previously just before the pandemic started.

They rebounded as economy started opening up in the second half of 2020 and as road and air travel picked up.

The FT's Climate Reporter Camilla Hodson talks about what else the IEA had to say.

The IEA was also quite critical of government policies and said one reason for the increase in December

was a lack of clean energy policies that could have been put into place as part of pandemic recovery plans.

And Camilla as you report the big emitters contributing to this comeback were China, India and the U.S.

So how seriously does this rise in emissions affect global efforts to combat climate change?

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