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Mar 19 2022
News
New Campaign Aims to 'Stop the Oil Profiteering' of Fossil Fuel Giants
As fossil fuel companies use global crises and record inflation to hike prices, a new U.S. campaign launched Thursday aims to end the profiteering and build support for federal legislation to tax Big Oil's windfalls.
"While millions of Americans are struggling with high prices at the pump, Big Oil is making a killing," said Jamie Henn, a spokesperson for the "STOP: Stop the Oil
Common DreamsMay 14 2024
News
BOJ’s Surprise Cut to Bond Buying This Week Fuels Rate-Hike Bets
Investors have boosted bets for an interest-rate hike by the Bank of Japan by July following an unexpected reduction in its bond buying during a regular operation this week.
Overnight indexed swaps suggest about a 70% likelihood that the central bank will raise its benchmark rate by then, up from around 50% earlier this month.
BloombergDec 13 2023
News
COP28 Ends with Historic Deal to Move Away from Fossil Fuels; Activists Say It’s Full of Loopholes
For the first time ever, the U.N. climate summit ended with a global agreement to transition away from fossil fuels. The deal was announced earlier today in Dubai as negotiations went into overtime, and hailed as “historic” by COP28 President Sultan Al Jaber. While the agreement was welcomed as a step forward, climate activists and nations worst hit by the climate catastrophe warned it doesn’t
Democracy Now!Jan 16 2022
News
Biden Taps Fossil Fuel Industry Critic for Federal Reserve Post
President Joe Biden’s choice for the No. 2 post at the Federal Reserve Board has advocated for the central bank to use its “powerful role” to discourage investment in oil, gas, and coal companies and to try to boost alternative energy sources amid the “climate crisis.”
On Friday, Biden announced the nomination of Sarah Bloom Raskin to be the vice chairman for supervision of the Federal
The Daily SignalMay 04 2023
News
New York state is set to ban fossil fuels in new construction starting in 2026
New York state is set to ban fossil fuels in new construction starting in 2026 New York state is poised to phase in a ban on fossil fuel equipment in new construction starting in 2026, part of the state's effort to switch to cleaner energy sources and reduce carbon emissions. "Just like we had to, a long time ago, transition from coal as your energy source, we do have to transition. There are
NPR Fact CheckNov 02 2017
News
Perry links fossil fuel development to preventing sexual assault
Energy Secretary Rick Perry suggested Thursday that expanding the use of fossil fuels could help prevent sexual assault.
The HillApr 25 2023
News
Supreme Court rejects fossil fuel companies’ appeal over climate change lawsuits
The Supreme Court has rejected appeals from fossil fuel companies over climate change lawsuits brought by local governments in several states.
Suncor Energy and Exxon Mobil Corp. petitioned the high court last year over a lawsuit by local governments in Colorado, asking the justices to decide if they should be sued in state or federal court.
The companies had wanted the lawsuits
Washington TimesMay 13 2024
News
Backlash from DEI programs fueled hate speech at city meeting in Oregon
Backlash from DEI programs fueled hate speech at city meeting in Oregon
Backlash from DEI programs fueled hate speech at city meeting in Oregon Audio will be available later today.
A recent community meeting in the city of Bend, was disrupted by racist and homophobic slurs from critics of diversity, equity and inclusion initiatives.
NPR Fact CheckMay 15 2024
News
Japan's JERA to invest $32 billion in LNG, renewables and new fuels over decade
TOKYO, May 16 (Reuters) - Japan's JERA plans to invest 5 trillion yen ($32.4 billion) over the coming decade into renewable energy, new fuels like hydrogen and ammonia, and liquefied natural gas (LNG), global CEO Yukio Kani told reporters on Thursday. By fiscal year 2035, JERA is targeting over 35 million tons in annual LNG transaction volumes, 20 gigawatts of renewable energy capacity and 7
Reuters