Banks’ Vows to Curb Arctic Oil Drilling Loans May Be Largely Symbolic
"Financial institutions rarely provide such loans and with oil prices at rock bottom, the Arctic is not a priority for the energy industry."
Source: InsideClimate News, 05/06/2020
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"Local Governments Asking Insurers to Cut Ties to Coal"
"Local governments outside the U.S. have long been pressuring insurance companies to sever ties with fossil fuels, and the issue is starting to gain some traction domestically."
Source: Bloomberg Environment, 05/05/2020
A Nuclear Waste Site Where Biggest Fear Isn’t Radiation, but COVID-19
"Workers at ‘most toxic place in America’ are terrified to return to a site where there has been very little protection from the outbreak".
Source: Guardian, 05/05/2020
"Coronavirus Crisis Hits Solar And Wind Energy Industry"
"Trump promised oil and gas companies economic relief. But renewables are getting less focus in Washington."
Source: Washington Post, 05/05/2020
Amid Pandemic, US Renewable Power Sources Have Topped Coal For 40 Days
"Electricity generated by renewable sources like solar, wind and hydro has exceeded coal-fired power in the United States for a record 40 straight days, according to a report based on U.S. government data released on Monday."
Source: Reuters, 05/05/2020
"Texas Oil Quotas ‘Dead,’ Says Regulator Who Touted Them"
"A lame-duck Texas regulator who proposed mandatory oil-output cuts said the effort is “dead” a day before the biggest U.S. crude-producing state was set to vote on the measure."
Source: Bloomberg Environment, 05/05/2020
"Exxon Reports Historic Loss, Closes 75% Of Permian Rigs"
"The biggest U.S. oil producers reported historic losses last week and predicted that it could take months to recover as the coronavirus pandemic continues to sweep through the world's economy."
Source: Energywire, 05/05/2020
"Rich Nations Must Make Pandemic Recovery Plans Green: Global Investors"
"The world’s richest nations must ensure their COVID-19 recovery plans are sustainable and help meet the goals of the Paris climate accord, according to leading global investor groups that together manage trillions of dollars in assets."
Source: Reuters, 05/05/2020
"Fed Changes Open Door for More Drillers to Get Loans"
"The Federal Reserve revamped its Main Street Lending Program in ways that will allow battered oil companies to qualify for the aid after industry allies lobbied the Trump administration for changes."
Source: Bloomberg Environment, 05/04/2020
"Campaign 2020: 5 Contenders For VP And Their Records On Climate"
"Joe Biden's search for a running mate could be the most consequential veepstakes in recent history — especially for the climate. The vice presidential decision promises to shape the rest of the 2020 campaign and, more than some past administrations, might affect the way Biden governs."
Source: E&E News, 05/04/2020
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