Climate hawks have long questioned the financial industry’s commitment to sustainable investing. But few foresaw JPMorgan Chase and State Street quitting Climate Action 100+, a global investment coalition that has been pushing companies to decarbonize. Meanwhile, BlackRock, the world’s biggest asset manager, scaled back its…
U.S. LNG exports have been a major factor in global markets and were vital in helping Europe cope with the cutoff of Russian natural gas supplies. (Mea culpa: I long believed Russian gas supply was politically secure because that country’s fiscal needs were so great.…
The U.S. and other oil-importing countries established the International Energy Agency in 1974, a year after the disruptions of the Arab oil embargo. The IEA’s founders intended to create a multinational organization that would bolster energy security by providing authoritative data and analysis; scrutinizing energy…
The House voted Thursday to pass legislation that would effectively undo the Biden administration’s freeze on new liquefied natural gas export approvals.
Feb. 15 (Reuters) -- The Biden administration and automakers are in the final stages of negotiating over ambitious new rules to accelerate the electric-vehicle transition that could cost Detroit's automakers billions and fuel an election-year clash over climate policy.
Biden administration climate envoy John Podesta was behind the administration’s decision to pause U.S. liquefied natural gas exports. His brother Tony Podesta could reap the benefits as a longtime lobbyist for foreign Liquefied Natural Gas (LNG) companies—including one founded by a Russian energy oligarch.
Dumping chemicals in the ocean? Spraying saltwater into clouds? Injecting reflective particles into the sky? Scientists are resorting to once unthinkable techniques to cool the planet because global efforts to check greenhouse gas emissions are failing.
The COVID-19 pandemic showed us too much of the global supply chain runs through Communist China. Russian President Vladimir Putin’s illegal invasion of Ukraine showed us too many of our European allies rely on Russian energy. Time after time, global crises serve as stark reminders that relying on hostile…
A congressionally mandated oil lease sale in the Arctic looms over President Joe Biden’s 2024 election campaign, threatening to revive attacks on the administration’s energy record as the president is looking to his environmental base for crucial support.