Climate Change

"It’s the end of an algal era: Exxon is backing out of a biofuel effort that the company has for years centered as part of its work in clean energy."

"Rules proposed by the U.S. Department of Energy are projected to reduce emissions and save consumers billions of dollars".

"Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow's gas trade with Europe is unlikely to recover from the ravages of military conflict."

"U.S. oil industry groups said on Monday they are concerned the Biden administration's proposed plan to crack down on methane emissions gives too much power to environmental advocacy groups, by forcing companies to react when third-parties report suspected leaks of the powerful greenhouse gas."

"Interior Secretary Deb Haaland visited the Pittsburgh area Thursday to announce the plugging of the first 10 abandoned oil and gas wells in the area paid for with funds from the 2021 infrastructure law."

"Ford Motor Co. announced Monday it will build a $3.5 billion electric vehicle battery plant in Michigan that uses Chinese technology, a move the company believes will bolster its ability to take advantage of President Joe Biden’s landmark climate law."

"U.S. President Joe Biden met on Friday with Brazilian leftist President Luiz Inacio Lula da Silva in a reboot of relations between the hemisphere's two largest democracies after the end of Donald Trump ally Jair Bolsonaro's stormy rule."

"Climate commitments by companies aren’t always as green as they seem. A new report concludes major brands are exaggerating how ambitious their efforts to cut greenhouse gas emissions are — in effect misleading consumers, investors and governments."

"While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as climate goals are slashed."