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

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