Can Oil Sands Be Banned?
The boardroom wars around ExxonMobil, a district court in the Hague ruling Shell should speed up its emissions cutting above and beyond its own objectives, the International Energy Agency suggesting Continue Reading
Prices Jumped 5% in May From Year Earlier, Faster Than Expected
Consumer prices rose at the fastest annual rate since 2008 in May, a bigger jump than economists had expected and one that is sure to keep inflation at the center Continue Reading
Gore pressed Biden to stick with climate plans as liberals fear White House is softening its agenda – The Washington Post
A number of Democrats are growing increasingly nervous that the White House could agree to a bipartisan infrastructure deal that scales back key climate-change initiatives, prompting a lobbying push that Continue Reading
Another jump in prices tightens the squeeze on US consumers
American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008. The May Continue Reading
US unemployment claims fall to 376,000, sixth straight drop
The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy, held back for months by the coronavirus pandemic, reopens rapidly. Jobless claims Continue Reading
Lake Mead: Largest US reservoir dips to record low
Reuters image captionReceding water levels have exposed bleached-white embankments of Lake Mead The largest reservoir in the US has dipped to its lowest ever level, officials say, as an extreme Continue Reading
U.S. Is Awash With Gasoline in ‘Lumpy’ Rebound From Pandemic
American oil refiners eager to boost gasoline production for the summer driving season are leaving the country awash with fuel at a time when the rebound in consumption is still Continue Reading
Texas Renewables Defy GOP Backlash With $20 Billion in Projects
Four months after the failure of the Texas electric grid sparked a backlash against clean power, investors and developers have decided just what the state needs: more renewable energy. Much Continue Reading
U.S. Retail Sales Forecast Rises Sharply as Covid-19 Restrictions Ease
U.S. lockdowns have lifted and shopping is back. The National Retail Federation said Wednesday it expects retail sales to jump between 10.5% and 13.5% to more than $4.44 trillion this year Continue Reading
Canada’s Top Oil Sands Firms Set Up Net-Zero Emissions Alliance
The biggest oil sands producers in Canada announced on Wednesday a net-zero collaboration initiative to achieve net-zero emissions from oil sands operations by 2050 to help Canada to meet its Continue Reading