Energy & Fuel

"Baltimore Judge Tosses Climate Case, Hands Win to Big Oil"

"In a first of its kind decision, a Maryland judge on Wednesday tossed Baltimore City’s climate suit against major oil giants on the grounds that it is not the role of the state courts to address a global issue like climate change."

Source: Inside Climate News, 07/15/2024

BP-Owned Firm Selling Carbon Credits On Trees That Aren’t In Danger: Study

"Some forest carbon offsets sold by the biggest offsetting company in the United States offer little or no benefit to the climate, a satellite analysis has found."

Source: Floodlight/SourceMaterial, 07/12/2024

Greens Sue Interior, Claim It Ignores Harms Of Idle Offshore Rigs

"An environmental group is suing the federal government to force the U.S. Department of Interior to reassess the long-term environmental effects of delays in shutting down inactive oil and gas infrastructure in the Gulf of Mexico."

Source: AP, 07/12/2024

Texas Leaders Worry That Bitcoin Mines Threaten to Crash State Power Grid

"Residents in the small town of Granbury are raising alarms over noise from a local Bitcoin mine, while state lawmakers warn that the energy-hungry facilities risk “crashing” the electrical grid."

Source: Inside Climate News, 07/11/2024

"Supreme Court Rulings Boost Odds to Win Chemical Rule Challenges"

"Three recent Supreme Court decisions increase industries’ chances of winning regulatory challenges, but only after a period of divergent lower court rulings on what the nation’s primary commercial chemical law requires."

Source: Bloomberg Environment, 07/11/2024

Azerbaijan Plans Climate Fund After Pushback On Fossil-Fuel Levy: Source

"Azerbaijan, host of this year's U.N. COP29 climate summit, has scrapped plans to propose a levy on fossil-fuel producers to raise climate-change funding, and instead aims to launch a new fund at the summit for green investments in poorer countries, a senior COP29 source said."

Source: Reuters, 07/11/2024

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