"Imagine a clean energy future, and you might picture giant turbines twisting in the wind, or electric vehicles zipping quietly down the highway. Fossil fuels become relics, or disappear altogether. ExxonMobil has a different vision. In this story of the future, oil refineries continue to distill crude. Fossil fuel-burning power plants churn away, too."
"President Biden extolled the potential of electric vehicles to boost the economy and reduce America’s contribution to climate change, and sought to ease worries about the reliability of EV technology, during a speech at the Detroit Auto Show on Wednesday."
"President Biden on Friday appointed John Podesta, a veteran Washington insider who spearheaded the Obama administration’s climate strategy, to oversee the federal investment of $370 billion in clean energy under a landmark new climate law."
"TAMARACK, Minn. — In this isolated town of about 100 people, dozens of employees are at work for Talon Metals, drawing long cylinders of rock from deep in the earth and analyzing their contents. They liken their work to a game of Battleship — each hole drilled allows them to better map out where a massive and long-hidden mineral deposit is lurking below."
"The decision, to take effect by 2035, will very likely speed a wider transition to electric vehicles because many other states follow California’s standards."
"California regulators on Thursday will vote to put in place a sweeping plan to restrict and ultimately ban the sale of gasoline-powered cars, state officials said, a move that the state’s governor described as the beginning of the end for the internal combustion engine.
"The federal government released its first official analysis of the Inflation Reduction Act on Thursday, projecting that the new law will help the United States slash emissions roughly 40 percent below 2005 levels over the next eight years. It’s at least the fourth analysis to come to such a conclusion, which many experts say is a good sign those estimates could be more accurate than not."
"The Inflation Reduction Act, which President Joe Biden signed into law Tuesday, is chock full of mining industry benefits — including a large tax break to any mining company that can produce amounts of minerals central to energy transition products like electric vehicles."
"A group of 17 state attorneys general urged the U.S. Postal Service (USPS) to halt planned purchases of gasoline-powered delivery vehicles pending a new environmental review, in a statement on Monday that encouraged the purchase of electric vehicles (EVs)."
"Marginalized communities inundated with air pollution could be some of the biggest beneficiaries of the tax and climate bill. Environmentalists say the bill would bring potentially transformative local air quality gains, despite a tradeoff of benefits to the fossil fuel industry."
"The Inflation Reduction Act includes billions for sustainable agriculture and a last-minute provision to provide debt relief to farmers."
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