"The U.S. clean energy sector has lost 17% of its work force, or nearly 600,000 jobs, as stay-at-home orders halt production of components from solar panels to electric cars and slow installations at homes and businesses, according to a report released on Wednesday."
"Calling orphan and inactive oil and gas wells “an environmental stain on British Columbia,” Premier John Horgan announced on Wednesday a plan to clean-up more than 2,000 wells and create 1,200 jobs in northern B.C. "
"A contentious order that the Federal Energy Regulatory Commission issued last year could block offshore wind developers from the nation's largest capacity market, analysts say."
"A milestone in the clean energy transition may arrive earlier than expected, with renewables overtaking coal as a leading source of electricity by the end of this year, according to a forecast by the Energy Information Administration released on Tuesday."
"Businesses in the United States, Israel and other countries were planning to invest billions in export terminals. Now, those projects are being canceled or delayed."
"Plunging sales could force factories to close and lead to takeovers and mergers, but also bolster sales of electric cars."
"At least two oil and gas firms that boosted investors' portfolios by buying back stock in 2019 received $15.5 million this year from a program designed to rescue small businesses gutted by the coronavirus pandemic."
"Bleak crude prices and fuel demand forecasts won’t blunt oil company bidding for Arctic drilling rights, Interior Secretary David Bernhardt said Monday"
"A federal judge is standing by his order barring a streamlined permitting process for oil and gas pipelines."
"Five years ago, members of the Rockefeller family walked away from the fossil fuels that made them rich, alarmed that burning oil and gas was causing climate change. Now it also seems like a smart financial move. The $1.1 billion Rockefeller Brothers Fund — largely free of oil and gas — has outpaced financial benchmarks, defying predictions of money managers."
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