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Big Oil Companies Are Using Wartime Profits To Enrich Investors: Report

"The nation’s biggest oil and gas companies have significantly increased stock buybacks and dividends since Russia invaded Ukraine in late February, raising questions about whether the firms are using wartime profits to enrich investors instead of curbing Americans’ pain at the pump, three liberal advocacy groups write in a new report shared exclusively with The Climate 202."

Source: Washington Post, 04/11/2022

Biomass Power Plant In Rural N.C. Ignites Environmental Justice Concerns

"The plant has applied for a new operating permit. But residents and environmental advocates say pollution from the plant would increase the burden of an already environmentally stressed community."

"A North Carolina power plant that generates electricity from poultry waste and wood chips has touched off a controversy over an operating permit that, if granted, would imperil public health and wellbeing, residents and environmental advocates in the surrounding community say.

Source: Inside Climate News, 04/11/2022

"Here’s What The Ban On Russian Coal Could Mean For Europe"

"European leaders, seeking to punish Russia for reports of atrocities carried out in Ukraine, on Thursday approved a ban on Russian coal, the imported energy source that would be the easiest to replace." "The European Union relies on Russia for almost half its coal, but new contracts with other countries could ease the transition, which would stretch over four months."

Source: NYTimes, 04/08/2022

"Island-Wide Blackout Sweeps Puerto Rico After Power Plant Fire"

"A fire that broke out at the Costa Sur power plant in Puerto Rico late Wednesday forced an island-wide outage, the biggest blackout this year so far due to an ailing electric grid. Power may not be restored to some parts of the island until Friday, according to Puerto Rico’s electricity grid operator."

Source: Earther, 04/08/2022

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