What If The Largest Owner Of Oil And Gas Wells In The US Goes Bankrupt?
"Diversified Energy’s liabilities exceed its assets, according to a new report, sparking concerns about whether taxpayers will wind up paying to plug its 70,000 wells."
"Diversified Energy’s liabilities exceed its assets, according to a new report, sparking concerns about whether taxpayers will wind up paying to plug its 70,000 wells."
"It’s one of President Biden’s most important and ambitious climate goals: eliminating carbon pollution from America’s power sector by 2035.... However, a detailed new analysis finds that the Biden administration can still keep this central climate goal within reach if the Environmental Protection Agency enacts strong carbon pollution standards for new and existing power plants."
"Fossil-fuel companies’ climate messaging may have changed to fit the new century, but the goal is the same the industry has had for decades: to delay action and protect profits for as long as possible. Even in the face of an increasingly obvious climate emergency, this message still resonates with many people. Maybe that’s because the biggest social media companies help amplify it."
"The U.S. Nuclear Regulatory Commission has certified the design for what will be the United States’ first small modular nuclear reactor."
"Environmental groups on Thursday sued the United States to overturn its approval of a deepwater oil-export facility off the Texas Gulf Coast, saying it would boost oil-production and greenhouse gas pollution."
"The latest EIA report shows [U.S.] renewable generation is about to cross the 25 percent mark, while coal and natural gas lose ground."
"Environmental groups announced Thursday they had reached a settlement with A&G Coal Corporation, a business owned by West Virginia Gov. Jim Justice’s family, over the cleanup of three coal mines in Virginia’s Wise County."
"British multinational to spend huge sums on schemes that do not bring genuine carbon reductions, analysis shows".