Energy & Fuel

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

"General Motors Is Going All Electric"

"After more than a century peddling vehicles that pollute the atmosphere, General Motors is ending its relationship with gasoline and diesel. This morning, the American automotive giant announced that it is working toward an all-electric, zero-emissions future. That starts with two new, fully electric models next year—then at least 18 more by 2023."

Source: WIRED, 10/03/2017

"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

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