Energy & Fuel

Offshore Drilling: House Votes To Halt Funding For Atlantic Exploration

"The House last night voted to cut off funding for Trump administration efforts to drill off the Atlantic coast, as the chamber launched debate on a second multibill spending package that includes funds for EPA and the Interior Department."

Source: E&E Daily, 06/20/2019

U.S. Spends Ten Times More On Fossil Fuel Subsidies Than Education

"A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers."

Source: Forbes, 06/19/2019

"U.S. Escalates Online Attacks on Russia’s Power Grid"

"The United States is stepping up digital incursions into Russia’s electric power grid in a warning to President Vladimir V. Putin and a demonstration of how the Trump administration is using new authorities to deploy cybertools more aggressively, current and former government officials said."

Source: NY Times, 06/17/2019

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