Economy & Business

New Biden Rule Would Make Companies Pay More To Drill On Public Lands

The Interior Department proposed a rule that would significantly increase how much energy companies must pay to lease and drill on federal lands. It would also give the Bureau of Land Management greater authority to keep fossil fuel development away from sensitive ecosystems and cultural sites.

Source: HuffPost, 07/21/2023

"U.S. Truckmakers Reach Deal To Phase Out Polluting Diesel Big Rigs"

"Some of the largest manufacturers of heavy trucks and engines in the country have agreed to accept a California plan to ban sales of new diesel big rigs by 2036 under a deal aimed in part at thwarting potential litigation and maintaining a single national standard for truck pollution rules."

Source: Washington Post, 07/10/2023

"Global Shipping Industry Faces Head Winds Over Going Green"

"In a clubby mid-rise on the River Thames, its lobby filled with models of container ships and oil tankers, a rather obscure United Nations group is gathering this week to make a momentous decision that will influence whether the world can meet its promise to limit perilous global warming."

Source: Washington Post, 07/06/2023

Grid Operator Must Connect Backlogged Clean Energy Projects: Report

"Virginia, Illinois, Ohio and Indiana have the most to gain in jobs and new investment if PJM, the country’s largest grid operator, can fix some of the problems now leading to long delays in clean energy projects, a new report says."

Source: Inside Climate News, 07/06/2023

"Auto-Industry Group Assails Biden’s Plan to Electrify America’s Cars"

"The auto industry’s largest lobbying organization has come out against the Biden administration’s most ambitious climate change regulation, a proposed rule designed to ensure that two-thirds of new passenger cars sold in the United States are all-electric by 2032."

Source: NYTimes, 06/29/2023

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