For the fourth year in a row, President Biden is trying to eliminate federal tax breaks for coal, oil and gas companies. But fossil fuel subsidies have proven difficult to stop.
Tag: Energy and Power
Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.
Where the World Is (and Isn’t) Making Progress on Climate Change
Emissions from electricity and transportation are projected to fall over time, a new report finds, but industry remains a major climate challenge.
Energy Dept. Pours Billions Into Electric Grids
America’s electric grids may need to expand by two-thirds by 2035 to handle future growth in clean energy, the agency said. The nation isn’t on track.
Biden Seeks to Tame Oil Prices if Mideast Conflict Sends Them Soaring
The president has previously drawn down the Strategic Petroleum Reserve to ease price pressures, but that could be more difficult now
I.E.A. Sees Oil, Gas and Coal Demand Peaking By 2030
The prediction, which has stirred controversy among oil producers, is a sign of a sweeping transformation in the global energy landscape.
On Anniversary of Illegal Annexation, Russia Strikes Ukrainian Region It Claims as Its Own
As little territory changes hands on the battlefield, President Vladimir Putin of Russia and President Volodymyr Zelensky of Ukraine both signal that they are prepared to keep fighting.
Japan Is Trying to Use Ammonia to Make Coal Cleaner
Japan says that by blending ammonia with coal in its boilers, it can make coal less damaging to the planet. But the technology faces many hurdles.
Leaks Can Make Natural Gas as Bad as Coal for Climate, Study Says
The findings cast doubt on the idea that natural gas can serve as a transitional fuel to a future powered entirely by renewables like solar and wind.
The U.S. Is Paying Billions to Russia’s Nuclear Agency. Here’s Why.
Nuclear power companies rely on cheap enriched uranium made in Russia. That geopolitical dilemma is intensifying as climate change underscores the need for emissions-free energy.