Energy & Fuel

Big Oil Firms Touted Algae As Climate Fix. Now All Have Pulled Funding

"One by one, big oil firms have touted their investments in algae biofuels as the future of low-carbon transportation – and one by one, they have all dropped out. Now in the wake of the last remaining algae proponent, ExxonMobil, announcing its withdrawal, insiders say they are disappointed but not surprised."

Source: Guardian, 03/20/2023

"Biden Plans to Name Nevada’s Spirit Mountain Area a National Monument"

"President Biden plans next week to designate nearly a half-million acres of the Spirit Mountain area in southern Nevada as a national monument, according to two people familiar with the matter,  protecting some of the most biologically diverse and culturally significant lands in the Mojave Desert."

Source: NYTimes, 03/17/2023

"Biden’s Green Allies Promise Lawsuit Over Alaska Oil Project"

"The approval Monday of ConocoPhillips’ massive Willow project in Alaska’s National Petroleum Reserve is teeing up a new high-profile legal brawl that will likely align the Biden administration and Republican lawmakers against environmentalists who have largely backed the president’s climate agenda."

Source: E&E News, 03/15/2023

"Biden OKs Alaska Oil Project, Draws Ire Of Environmentalists"

"The Biden administration said Monday it is approving a huge oil-drilling project on Alaska’s petroleum-rich North Slope, a major environmental decision by President Joe Biden that drew quick condemnation as flying in the face of his pledges to slow climate change."

Source: AP, 03/14/2023

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