Published by Promoting Economic Pluralism
Virginia Natural Gas’s aim, as it wrote in its request to the state regulator, was to “further support the reduction of greenhouse gas emissions.” As part of its “Sustainable Gas Program,” the …
Utilities Are Buying Pricier ‘Responsible Gas.’ But for What Climate Benefit? Read More
Fossil fuel power generation in Europe declined by a record 19% in 2023, according to data from think-tank Ember, as the continent shifts towards renewables. Gas-fired electricity production fell by 15% …
Europe’s record fall in fossil fuels – plus other top energy stories Read More
Exxon Mobil said it plans to explore for oil and gas in a disputed area off South America’s coast where the Venezuelan military had previously expelled two U.S. oil companies. The move …
Exxon Mobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela Read More
Both Republicans and Democrats in deep-red Louisiana have warmed up to the idea of carbon removal, a practice that involves capturing carbon dioxide from large industrial operations and storing it …
Oil-friendly Louisiana now has the power to approve carbon capture projects Read More
In 2022, Brazilian oil and gas company Petrobras had 68 places staked out for oil exploration off the South American coast, searching for new reserves while spending $6.9 billion in …
Oil companies attending climate talks have minimal green energy transition plans, AP analysis finds Read More
DUBAI, United Arab Emirates — Vietnam made a big splash at COP28 by announcing details of a $15.5 billion, G7-backed plan to shutter its coal industry — but British diplomats …
Diplomatic cables reveal UK fears over $15B Vietnam coal deal Read More
For the US, it isn’t a good look in the lead-up to this week’s United Nations conference on climate change (COP28). The country will pull record quantities of oil and gas out …
US oil and gas extraction is at a new high and will likely stay near record levels through 2050 Read More
LONDON, Nov 8 (Reuters) – Global fossil fuel production in 2030 is set to be more than double the level deemed consistent with meeting climate goals set under the 2015 …
Global fossil fuel production plans far exceed climate targets, UN says Read More
Ecuador’s historic vote to leave the Amazon rainforest’s oil reserves underground contrasts sharply with the results of the presidential elections held on the same day, and leaves the troubled country …
Ecuador faces economic dilemma after vote to ban oil drilling in the Amazon Read More
For U.S. public pension funds, divesting from oil, coal, and gas would result in overall higher financial value. That is the key takeaway from a new study examining the past decade’s portfolio …
Public Pension Funds Have Lost Billions on Their Fossil Fuel Investments: New Analysis Read More