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"The Biden administration's first sale of oil and gas drilling rights on federal land garnered thin industry interest on Wednesday while environmental groups filed two separate lawsuits seeking to invalidate the results."
"When conservative environmental lawyer Jeffrey Holmstead joined the Bracewell firm in late 2006, it represented the whole range of electric power companies, including coal-fired utilities and coal mining firms. Not anymore. The chief executives of electric utilities, wary of the perils of climate change, are marching away from coal, as well as other fossil fuels."
"The Supreme Court on Thursday sharply cut back the Environmental Protection Agency’s ability to reduce the carbon output of existing power plants, a blow to the Biden administration’s plans for combating climate change."
"A coalition of environmental groups on Wednesday sued the Biden administration over its approval of oil and gas lease sales in four Western states. The lease sales in Montana, Nevada, North Dakota and Utah mark the first since the administration temporarily froze new lease sales on federal lands in January 2021."
"The Biden administration needs more data in its quest to cut greenhouse gas emissions from its buildings, vehicles, and operations, various White House officials said."
"Much of the fossil fuel industry continued to hemorrhage jobs last year, even as employment in the electric car sector increased dramatically, according to a report today from the Department of Energy."
"Leaders of some of the world’s most wealthy nations say Russia’s invasion of Ukraine, and the strain it’s causing to the global energy market, is forcing them to walk back a recent promise to stop funding overseas fossil fuel projects. It’s the latest climate pledge to fall victim to the war, which has upended global geopolitics and threatens to derail an already fragile international effort to tackle the climate crisis."
"The Biden administration is set to hold lease sales for new oil and gas drilling on public lands starting this week and, for the first time, it will implement new regulations for producers."