Energy & Fuel

"The nation’s largest federally owned utility plans to invest more than $3.5 billion in new gas-burning electric plants, despite President Biden’s commitment to swiftly move away from fossil fuels and eliminate greenhouse gases from the power sector in a little more than a decade."

"Ivan Frishberg says his job is just smart financial policy. He's chief sustainability officer at New York-based Amalgamated Bank, which focuses on socially responsible investment. That includes steering investments away from things like fossil fuels that contribute to global warming."

"A massive reservoir known as a boating mecca dipped below a critical threshold on Tuesday raising new concerns about a source of power that millions of people in the U.S. West rely on for electricity."

"A top Ukrainian official criticized companies in the United States and Greece for helping Russia continue to profit from oil despite its attack on Ukraine."

"After weeks of inconsistent messaging on rising energy costs, congressional Democrats and the White House are uniting behind a strategy of blaming oil companies for high prices at the pump."

"The federal appeals court in New Orleans on Wednesday granted the White House’s request to temporarily let federal agencies use Biden’s new cost-benefit analysis rules, which aim to slow climate change by making activities that emit greenhouse gases sharply more expensive."

"The Illinois Environmental Protection Agency has asked the Attorney General to enforce cleanup and other action by energy company Marathon Pipe Line after an estimated 165,000 gallons of crude oil leaked from its pipeline in Edwardsville, some of which flowed into a creek, according to the state agency."

"So much methane is released from coal mining, the Global Energy Monitor says, that it exceeds the carbon dioxide emissions from burning coal at over 1,100 coal-fired power plants in China."