"Shell, BP Boost Profit, Sink Investment In Renewable Energy" [1]
"While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as climate goals are slashed."

"While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as climate goals are slashed."

As part of our 2023 Journalists’ Guide to Energy & Environment special report, we’ve got highlights from last week’s reporter panel on the year ahead, led by #SEJ2023 conference co-chair Tom Michael (pictured, left). The focus was largely on the U.S. West, where challenges abound over issues like equitable siting of renewable energy infrastructure, regulating natural gas, managing wildfires and addressing the health consequences of climate-driven heat waves. Read our account [8], plus check out the full 2023 Guide [9].
"Denver’s wildly successful incentive program isn’t just helping residents buy greener rides — it’s building an army of bike lane advocates."
"Australia for the first time has rejected a coal mining application based on environmental law, with the government minister citing the open-pit mine’s potential harm to the nearby Great Barrier Reef."
"U.S. environmental regulators on Thursday conditionally approved plans for the owners of an idled refinery in the U.S. Virgin Islands to remove chemicals that the watchdog argued present serious health consequences if accidentally released."
"The Biden administration on Thursday announced that it would issue a $2 billion loan to a battery manufacturing facility as it looks to bolster the country’s supply chain for electric vehicles."
"BP’s chief executive, Bernard Looney, said on Tuesday that the company would pare back its plans to reduce oil and gas production in the coming years, a move that would result in higher-than-expected carbon emissions."
"The Inflation Reduction Act was hailed for its climate funding – but some are concerned several provisions will worsen a growing environmental disaster".
"President Joe Biden’s administration is tapping the brakes on offshore wind energy development in the Gulf of Mexico to make way for a new fast-tracked effort to open more federal waters to oil and gas drilling."
Links
[1] https://www.sej.org/headlines/shell-bp-boost-profit-sink-investment-renewable-energy
[2] https://www.sej.org/category/topics-beat/climate-change
[3] https://www.sej.org/category/topics-beat/business
[4] https://www.sej.org/category/topics-beat/energy
[5] https://www.sej.org/taxonomy/term/81
[6] https://www.sej.org/category/region/national
[7] https://www.dw.com/en/shell-bp-boost-profit-sink-investment-in-renewable-energy/a-64656800
[8] https://www.sej.org/publications/sej-news/sej-panel-gauges-issues-works-us-west
[9] https://www.sej.org/publications/sej-news/2023-journalists-guide-energy-environment
[10] https://www.sej.org/category/sej-publication-types/sej-news
[11] https://www.sej.org/category/topics-beat/agriculture
[12] https://www.sej.org/category/topics-beat/air
[13] https://www.sej.org/category/topics-beat/biodiversity-1
[14] https://www.sej.org/category/topics-beat/disaster
[15] https://www.sej.org/category/topics-beat/environmental-health
[16] https://www.sej.org/category/topics-beat/environmental-justice
[17] https://www.sej.org/category/topics-beat/environmental-politics
[18] https://www.sej.org/category/topics-beat/fisheries
[19] https://www.sej.org/category/topics-beat/food
[20] https://www.sej.org/category/topics-beat/forests
[21] https://www.sej.org/category/topics-beat/government
[22] https://www.sej.org/category/topics-beat/health
[23] https://www.sej.org/category/topics-beat/infrastructure
[24] https://www.sej.org/category/topics-beat/journalism/media
[25] https://www.sej.org/category/topics-beat/land
[26] https://www.sej.org/category/topics-beat/people-population
[27] https://www.sej.org/category/topics-beat/cities-towns
[28] https://www.sej.org/category/topics-beat/policy
[29] https://www.sej.org/category/topics-beat/pollution
[30] https://www.sej.org/category/topics-beat/water
[31] https://www.sej.org/category/topics-beat/wildlife
[32] https://www.sej.org/category/region/national/california
[33] https://www.sej.org/category/region/national/mountain-west
[34] https://www.sej.org/category/region/national/northwest
[35] https://www.sej.org/category/region/national/southwest
[36] https://www.sej.org/headlines/how-e-bike-rebates-will-make-cycling-safer
[37] https://www.sej.org/category/topics-beat/laws
[38] https://www.sej.org/category/topics-beat/transportation
[39] https://www.bloomberg.com/news/articles/2023-02-09/denver-s-e-bike-rebate-program-has-a-hidden-power?srnd=citylab
[40] https://www.sej.org/headlines/australia-rejects-open-pit-coal-mine-near-great-barrier-reef
[41] https://www.sej.org/category/region/international/australia-oceania
[42] https://apnews.com/article/politics-australia-government-queensland-business-60404ea8780de8aa157abb3bca2d1555
[43] https://www.sej.org/headlines/us-epa-approves-hazardous-chemicals-removal-st-croix-refinery
[44] https://www.sej.org/category/topics-beat/chemicals/toxics
[45] https://www.sej.org/category/region/national/southeast
[46] https://www.sej.org/category/region/international/central-america-caribbean
[47] https://www.reuters.com/business/sustainable-business/us-epa-approves-hazardous-chemicals-removal-st-croix-refinery-2023-02-09/
[48] https://www.sej.org/headlines/biden-doe-announces-2b-loan-electric-vehicle-battery-manufacturing
[49] https://thehill.com/policy/energy-environment/3851596-biden-administration-announces-2b-loan-for-electric-vehicle-battery-manufacturing/
[50] https://www.sej.org/headlines/bp-reversal-says-it-will-produce-more-oil-and-gas
[51] https://www.sej.org/category/topics-beat/consumer
[52] https://www.sej.org/category/region/international
[53] https://www.nytimes.com/2023/02/07/business/bp-oil-gas-profits.html
[54] https://www.sej.org/calendar/ech-2023-climate-solutions-symposium-texas-energy-capital-planet-can-and-should-lead
[55] https://www.sej.org/category/event-type/other-events
[56] https://www.sej.org/headlines/how-us-climate-funding-could-make-water-pollution-worse
[57] https://www.theguardian.com/environment/2023/feb/08/biden-climate-law-pollution-midwest
[58] https://www.sej.org/headlines/offshore-wind-gulf-take-back-seat-oil-drilling-under-new-law
[59] https://www.nola.com/news/environment/new-law-forces-wind-energy-behind-oil-drilling-in-the-gulf/article_b53bc4ce-a339-11ed-a85c-cfac40513515.html
[60] https://www.sej.org/category/topics-beat/energy?page=235
[61] https://www.sej.org/category/topics-beat/energy?page=232
[62] https://www.sej.org/category/topics-beat/energy?page=233
[63] https://www.sej.org/category/topics-beat/energy?page=234
[64] https://www.sej.org/category/topics-beat/energy?page=237
[65] https://www.sej.org/category/topics-beat/energy?page=238
[66] https://www.sej.org/category/topics-beat/energy?page=239
[67] https://www.sej.org/category/topics-beat/energy?page=240
[68] https://www.sej.org/category/topics-beat/energy?page=1110