Energy & Fuel

"Activist investors who dealt a stunning defeat to Exxon Mobil last week secured a third seat on the company’s board on Wednesday when the oil giant announced updated results of a shareholder vote."

"Officials from California, New York and other states urged the Environmental Protection Agency on Wednesday to allow California to set its own automobile tailpipe pollution standards, an action that would reverse a Trump administration policy and could help usher in stricter emissions standards for new passenger vehicles nationwide."

"Behind closed doors, shipbuilders and miners can speak on behalf of governments while regulating an industry that pollutes as much as all of America’s coal plants."

"The world’s leading economies have made lots of commitments lately about reducing carbon emissions, but their actions tell a different story. A report released Tuesday finds that between January 2020 and March 2021, G7 governments pumped $190 billion into supporting coal, oil, and gas, with the U.S. taking the prize for the most money spent on dirty industries."

"A cargo ship carrying tonnes of chemicals is sinking off Sri Lanka's west coast, the country's government and navy said on Wednesday, in one of Sri Lanka's worst-ever marine disasters."

"The administration favors an approach to emissions reduction that includes technologies like carbon capture. Many activists oppose anything other than renewable energy sources."

"Lawmakers in roughly a dozen states are using strikingly similar talking points as they unleash a wave of legislation aimed at forbidding municipalities from banning natural gas in buildings."

"The Biden administration on Tuesday suspended oil and gas leases in the Arctic National Wildlife Refuge, targeting one of President Donald Trump’s most significant environmental acts during his last days in office."

"Biden is making a big push to produce electric vehicles and batteries in the U.S. with “good-paying union jobs.” But the details of how that’s all going to work are still fuzzy."