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"The United States government netted a record $4.37 billion on Friday from the sale of six offshore wind leases off the coasts of New York and New Jersey, a major step in the Biden administration’s goal of ushering in a future powered by renewable energy."
"The US oil and gas industry is using Russia’s invasion of Ukraine to pressure the Biden administration to throw open more land and ocean for domestic drilling and to loosen regulations for large companies attempting to ramp up their fossil fuel extraction."
Environmental journalists from around the country and beyond will gather in Houston later this month for the Society of Environmental Journalists’ 31st annual conference. Widely known as the energy capital of the world, this highly diverse city is an ideal place to drill down on the causes and consequences of climate change and other environmental issues of the day.
Russia’s invasion of Ukraine raises questions about the world energy supply and related environmental consequences (such as pressure to lease U.S. lands for drilling). TipSheet explores the politics — and the reality — of U.S. energy policy in the wake of Ukraine and in the run-up to November’s midterm elections, and asks the question: Do federal policies on pricing really matter?
"In a sea of stock market losses amid Russia’s invasion of Ukraine, renewables are outperforming as power prices jump and investors mull the rising need for energy alternatives."
"The Biden Administration received record-setting bids on its first offshore wind lease sale this week, a promising sign showing U.S. money makers are ready to invest heavily in the long hyped but underdelivered renewable energy source."
"President Biden today announced a new round of sanctions on Russia after President Vladimir Putin’s invasion of Ukraine but said the penalties are intended to skirt impacts to the energy sector."
"China started building 33 gigawatts of new coal-fired power generation capacity last year, the most since 2016, research published on Thursday showed, a sign the country is falling back on fossil fuels as economic worries mount."