Economy & Business

"E.P.A. Announces Repeal of Major Obama-Era Carbon Emissions Rule"

"The Trump administration announced on Monday that it would take formal steps to repeal President Barack Obama’s signature policy to curb greenhouse gas emissions from power plants, setting up a bitter fight over the future of America’s efforts to tackle global warming."

Source: NY Times, 10/10/2017

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


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