Energy & Fuel

"Many banks promised to work toward net-zero emissions – but their targets explicitly exempt liquefied natural gas projects".

"Starting in August, Americans will only be able to purchase LED lights from retailers across the nation as an official ban on incandescent lightbulbs will be in full effect."

"A federal judge on Monday rejected a bid by environmentalists to temporarily suspend the U.S. government’s approval of ConocoPhillips' (COP.N) multibillion-dollar oil drilling project in Alaska’s Arctic."

"The United Arab Emirates, which is hosting this year’s UN climate summit, has the third biggest net zero-busting plans for oil and gas expansion in the world, the Guardian can reveal. Its plans are surpassed only by Saudi Arabia and Qatar."

"A federal appeals court on Monday vacated a water permit needed by developers to restart construction on the Mountain Valley pipeline in West Virginia, marking the latest setback for the $6.2 billion project."

"With the former president now in hospice care, Pulitzer Prize-winning biographer Kai Bird looks back on Jimmy Carter’s environmental record in the White House — from his sweeping protection of Alaska’s wild lands to his efforts to push the nation toward renewable energy."

"An eminent Harvard environmental law professor’s links to the fossil fuel industry are under scrutiny from colleagues and students after she was awarded a prestigious research grant to investigate corporate climate pledges."

"A single new oil and gas field in the North Sea would be enough to exceed the UK’s carbon budgets from its operations alone, analysis has shown, as the government considers fossil fuel expansion despite the legally binding commitment to net zero."

"Oil prices soared nearly 6% on Monday after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year. Shares in Asia were mixed."

"The Biden administration cleared the way Friday for California’s plan to phase out a wide range of diesel-powered trucks, part of the state’s efforts to drastically cut planet-warming emissions and improve air quality in heavy-traffic areas like ports along the coast."