Economy & Business

High Subsidies Ensure Profit for Nearly Half New U.S. Oil Investments

"Government subsidies to American energy companies are generous enough to ensure that almost half of new investments in untapped domestic oil projects would be profitable, creating incentives to keep pumping fossil fuels despite climate concerns, according to a new study."

Source: InsideClimate News, 10/04/2017

"Rick Perry Manages To Unite Oil, Gas, Wind And Solar — Against Him"

"As he did nearly a year ago to win the presidency, Donald Trump has done the seemingly impossible and brought together disparate coalitions of unlikely interests. This week, it happened again when Trump managed to unite an unlikely band of fossil-fuel and renewable-energy advocates."

Source: Washington Post, 10/04/2017

"E.P.A. Chief’s Calendar: A Stream of Industry Meetings and Trips Home"

"For lunch on April 26, Scott Pruitt, the new administrator of the Environmental Protection Agency, dined with top executives from Southern Company, one of the nation’s largest coal-burning electric utilities, at Equinox, a white-tablecloth favorite of Washington power brokers."

Source: NY Times, 10/03/2017

"Solar: ITC Backs U.S. Panel Makers, Sends Case To Trump"

"The U.S. International Trade Commission ruled [Friday] that imported solar panels and modules are causing 'serious injury' to U.S. manufacturers, giving President Trump the final say about tariffs in a high-profile case that could unravel the American solar industry."

Source: Greenwire, 09/25/2017

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