Energy & Fuel

"Global subsidies for fossil fuels reached $7 trillion in 2022, an all-time high, according to the International Monetary Fund."

"A company established by a Dubai sheikh is finalizing agreements with African nations to manage vast tracts of their forests and sell the carbon credits. Critics are concerned the deals will not benefit Africans and will just help foreign governments perpetuate high emissions."

"The company’s researchers predict that an expanding population and worldwide economy will drive up energy demand for fossil fuels."

"Exxon Mobil projected that greenhouse-gas emissions and the efforts to keep the planet’s temperature from rising beyond an increase of 2 degrees Celsius by 2050 is destined to fail in a report released by the oil giant on Monday.

"Misattributed videos, recycled lies and warped fears are fueling unfounded claims about the recent record-breaking heat, floods and wildfires."

"The first auction of leases for wind farms in the Gulf of Mexico, which the Biden administration had heralded as part of its effort to expand clean energy, ended on Tuesday with just one of three available tracts sold."

"When Occidental Petroleum Corp.’s Vicki Hollub introduced the idea of “net zero oil” two years ago, few outside the chief executive officer’s inner circle knew what she meant."

"A U.S. appeals court on Friday canceled a license granted by a federal agency to a company to build a temporary nuclear waste storage facility in western Texas, which the Republican-led state has argued would be dangerous to build in one of the nation's largest oil basins.

A three-judge panel of the New Orleans-based 5th U.S. Circuit Court of Appeals found that the U.S. Nuclear Regulatory Commission lacked the authority under federal law to issue permits for private, temporary nuclear waste storage sites.

"A coalition of environmental groups sued the Biden administration over its upcoming oil and gas lease sale, which will auction off 67 million acres in the Gulf of Mexico."

"The United States has enough geothermal energy to power the entire country. Some are trying to unlock it by using techniques from the fracking boom."

"After agreeing in 2009 to phase out dirty energy subsidies, G20 nations pumped $1.4 trillion into supporting fossil fuel use in 2022 - money that should be redeployed to support a shift into renewables, analysts say".