Energy & Fuel

"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."

"Tesla Inc. displaced Toyota Motor Corp. as the world’s most valuable automaker, underscoring investor enthusiasm for a company trying to transform an industry that’s relied on internal combustion engines for more than 130 years."

"Billions of dollars in contracts have been awarded to politically connected Americans, even as Puerto Ricans suffer electricity outages."

"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."

"After a concerted reintroduction effort two decades ago, the state is now home to the largest population of elk east of the Mississippi. The animals’ home: reclaimed coal mines."

"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."

"The nation’s automakers would manufacture only electric cars. Utilities would have to stop producing pollution linked to climate change. And the federal government would double its investment in mass transit. All this and more was proposed by House Democrats on Tuesday under a plan aimed at bringing the U.S. economy’s greenhouse gas emissions — including carbon dioxide and methane — to zero by 2050."

"The Trump administration is taking aim at climate-friendly investments with a plan to block retirement fund managers from decisions the Labor Department says would put social goals before profits."

"The US is to join with other major powers including China, India and the EU in formulating plans for a global green recovery from the coronavirus crisis, in the only major international summit on the climate emergency this year."

"President Trump threatened to veto House Democrats' $1.5 trillion green infrastructure plan on Monday, arguing it should eliminate or reduce environmental reviews and doesn't route enough money to rural America."