“I would transition from the oil industry, yes,” Biden said in response Thursday night to a question from Trump about whether he would close down that sector of the economy. “It is a big statement… because the oil industry pollutes significantly … it has to be replaced by renewable energy over time… I’d stop giving to the oil industry, I’d stop giving them federal subsidies.”…
An Uncertain Future for the German-Russian Pipeline…
Threats of sanctions from the U.S. have put a stop to the contruction of the Nord Stream 2 natural gas pipeline from Russia to Germany. The multibillion-euro project is now at risk, and leading German politicians are not amused…
House Democrats Voted for a Natural Gas Future, and Nobody Noticed…
Last week, a video went viral of Rep. Alexandria Ocasio-Cortez (D-NY) offering up an impassioned rebuke to Senate Republicans for bringing her Green New Deal to a premature vote the day before. “This is about our constituents and all of our lives,” she fumed. “Iowa, Nebraska, broad swathes of the midwest are drowning right now, […]
BP Just Discovered a Billion Barrels of Oil in the Gulf of Mexico…
BP‘s investment in next-generation technology just paid off to the tune of a billion barrels of oil. The British energy company has discovered 1 billion barrels of crude at an existing oilfield in the Gulf of Mexico. BP also announced two new offshore oil discoveries and a major new investment in a nearby field. BP […]
California Approves Goal for 100% Renewable Electricity by 2045…
Ahead of a summit this week meant to galvanize regional action on climate change, Gov. Jerry Brown on Monday signed legislation that would put California on the path to eliminating fossil fuels from its energy sector. Senate Bill 100 speeds up the state’s timeline for moving to renewable energy sources like solar and wind, and […]
New York City Sued the Top Five Oil Companies for Contributing to Climate Change…
Mayor Bill de Blasio (D) on Wednesday announced that New York City is suing the top five oil companies for contributing to climate change. New York City’s federal lawsuit alleges that the businesses have been aware for decades that burning fossil fuels contributes to global warming. “We’re bringing the fight against climate change straight to […]
‘Axis of Love’: Saudi-Russia Detente Heralds New Oil Order…
A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship between the energy superpowers. It was the first time that Rosneft boss Igor Sechin and Saudi Aramco chief Amin Nasser had held a formal, scheduled meeting – going beyond the numerous times they had simply […]
Trump Blasts Obama’s ‘abusive’ Use of Monument Law, Orders Review…
President Donald Trump ordered his Interior Department to review of tens of millions of acres of land and water set aside as national monuments by the past three presidents on Wednesday, a move that environmental groups warn will undermine a crucial conservation tool and open up sensitive areas to fossil fuel development. The review will […]
Tesla’s Battery Revolution Just Reached Critical Mass…
Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one—one that’s been used to help justify the company’s $5 billion factory near Reno, Nev.—but batteries have so far only appeared in a handful of […]
More TPP Trickery: Keystone Pipeline Company Demands $15B Under Prior Trade Deal…
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