The bill will cut U.S. emissions, but not nearly enough. It’s “like losing 20 pounds when you need to lose 100 pounds” one expert said.
Tag: Oil (Petroleum) and Gasoline
Russia’s Economy Contracts Sharply as War and Sanctions Take Hold
The country’s gross domestic product from April through June declined 4 percent from a year earlier, new government data shows.
Russia’s economy contracts sharply as war and sanctions take hold.
The country’s gross domestic product from April through June declined 4 percent over last year, new government data shows.
Hungary Settles Russia’s Bill With Ukraine to Restore Oil Flows
Hungary’s energy conglomerate, MOL, paid Russia’s transit fees to Ukraine, ensuring that oil keeps flowing through an overland pipeline that remains crucial for Central Europe.
U.S. Presses Congo to Slow Oil-and-Gas Push in Rainforests
The secretary of state’s efforts led to the U.S. and the Democratic Republic of Congo agreeing to have a team look at environmental conservation.
In the Amazon, a U.N. Agency Partners With Oil Companies
One of the world’s largest sustainable development agencies has worked with energy companies to quash opposition and keep oil flowing, even in sensitive areas.
These Groups Want Disruptive Climate Protests. Oil Heirs Are Funding Them.
Beneficiaries of two American oil fortunes are supporting groups trying to block fossil fuel projects. One donor said he felt a “moral obligation.”
Manchin’s Donors Include Pipeline Giants That Win in His Climate Deal
The controversial Mountain Valley Pipeline is one of several projects the senator has negotiated major concessions for, benefiting his financial supporters.
Five Decades in the Making: Why It Took Congress So Long to Act on Climate
The Senate bill avoided the political pitfalls of past legislative attempts by offering only incentives to cut climate pollution, not taxes.
Fire at Cuban Oil Facility Leaves Dozens Injured, Hundreds Evacuated
Six-hundred people have been evacuated after an oil storage tank base caught fire in the western Matanzas Province.