Energy & Fuel

"Atlantic Coast Pipeline Canceled as Delays and Costs Mount"

"Two of the nation’s largest utility companies announced on Sunday that they had canceled the Atlantic Coast Pipeline, which would have carried natural gas across the Appalachian Trail, as delays and rising costs threatened the viability of the project."

Source: NYTimes, 07/06/2020

BP, Shell Write-Off Billions in Assets, Citing Covid and Climate Change

"Two of the world's largest energy companies have sent their strongest signals yet that the coronavirus pandemic may accelerate a global transition away from oil, and that billions of dollars invested in fossil fuel assets could go to waste."

Source: InsideClimate News, 07/03/2020

House Sends $1.5T Infrastructure Bill To Senate, Where Odds Are Poor

"The House Wednesday passed a climate-friendly infrastructure bill with $1.5 trillion for everything from roads to broadband that has little chance of being signed into law as written, but is destined to play a starring role in rhetoric and talking points for both parties in the run-up to the presidential election."

Source: Politico, 07/02/2020

"Grassley Backs Plan To Block EPA Nomination Over Biofuel Waivers"

"U.S. Senator Chuck Grassley said on Tuesday he supported a plan by one of his Senate colleagues to block the nomination of an Environmental Protection Agency official until the agency makes clear how it would handle requests from oil refiners for retroactive exemptions from their biofuel blending mandates."

Source: Reuters, 07/01/2020

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