Energy & Fuel

UNEP: Despite Falling Energy Demand, Govts Hike Fossil Fuel Production

"The coronavirus pandemic has sent global energy demand plummeting, and led many analysts and oil executives to conclude that a transition away from fossil fuels is marching nearer. But a new United Nations report says the world's leading fossil fuel producers still appear set on expanding their output to levels that would send temperatures soaring past global climate goals."

Source: InsideClimate News, 12/03/2020

"Canada Gives BP Okay to Explore in Marine Conservation Area"

"Earlier this month, the Canada-Newfoundland and Labrador Offshore Petroleum Board accepted a bid from oil company BP to explore for oil and gas in an area that includes part of Atlantic Canada’s largest marine conservation area."

Source: Hakai, 12/02/2020

"Automakers Pledge To Work With Biden To Reduce Emissions"

"A group representing major automakers on Tuesday vowed to work with President-elect Joe Biden on efforts to reduce vehicle emissions even as the industry remains split over whether to let California set its own emission rules."

Source: Reuters, 12/02/2020

"Minnesota Gives Final Green Light To Disputed Oil Pipeline"

"Minnesota regulators approved the final permit Monday for Enbridge Energy’s Line 3 crude oil pipeline replacement across northern Minnesota, giving the company the green light to begin construction on the $2.6 billion project."

Source: AP, 12/01/2020

Carmakers Map Out Shifting Road Ahead

Automakers are at the heart of the conflict over climate change policy, thanks to the prevalence of transportation-related greenhouse gas emissions. That may now be changing. And not just because of the incoming Biden administration, but also with shifting investment in the future of electric vehicles. A look at how car companies are piloting that path, from the latest Backgrounder. Electric Hummer, anyone?

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Trump Banking Proposal On Fossil Fuels Sparks Backlash From Libertarians

"A new Trump administration proposal that could push more banks to finance fossil fuel activities is creating divisions in conservative circles as free market groups decry the move as government overreach."

Source: The Hill, 11/30/2020

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