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How do Trump and Harris Differ on Energy Policy?

Republican Donald Trump and Democrat Kamala Harris have a couple of things in common on the issue of U.S. energy policy: both say they want to expand production and keep prices down for consumers. The core difference is that Harris says she wants to do so in a way that favors clean energy technologies crucial …

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Supreme Court Allows EPA Power Plant Pollution Curbs for Now

Justices won’t block rule while case appeal plays out Power, mining companies sought to halt EPA regulation The US Supreme Court let the Environmental Protection Agency move ahead with its stringent new emissions limits for power plants, rebuffing businesses and Republican-run states that complained the rule will impose exorbitant compliance costs. The high court order is a major boost …

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World Set for Cheaper Energy on Shift From Oil and Gas, IEA Says

Demand for all fossil fuels to stop growing this decade World enters ‘Age of Electricity’ with EV sales set to climb The world is heading into an era of cheaper energy prices as a shift towards electricity use leaves behind surpluses of oil and gas, the International Energy Agency predicted. Global demand for all fossil fuels will …

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Duke Plans to Delay Coal Plant Closing Despite Climate Goals

Firm seeks to extend life of Indiana facility by three years Power demand spike has complicated utilities’ climate goals Duke Energy Corp. plans to extend the life of its largest coal-fired power plant, pushing aside its climate goal to shutter all facilities that burn the dirty fuel by 2035. The utility said it plans to operate …

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Britain to Become First G7 Country to End Coal Power as Last Plant Closes

(Reuters) – Britain will become the first G7 country to end coal-fired power production on Monday with the closure of its last plant, Uniper’s  Ratcliffe-on-Soar in England’s Midlands. It will end over 140 years of coal power in Britain. In 2015 Britain announced plans to close coal plants within the next decade as part of wider …

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Chevron CEO Attacks Biden LNG Export Pause on Costs, Carbon

Energy Department enacted gas terminal moratorium in January Shale boom transformed US into world’s biggest LNG exporter The oil and gas industry is zeroing in on the Biden administration’s moratorium on new liquefied natural gas export permits as the key policy they want changed under the next US president. Chevron Corp. Chief Executive Officer Mike Wirth called on …

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Trillions of Dollars of Fossil Fuel Finance Routed via Tax Havens, Study Says

(Reuters) – Trillions of dollars of bank finance to fossil fuel companies is being routed via opaque financial centres in several countries, including the Netherlands, research published on Wednesday showed. The study by Tax Justice Network, which campaigns against tax havens, highlights a lack of transparency in funding for energy companies. The study examined 60 …

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China Has Cut New Coal Power Plant Permits by Nearly 80%, Greenpeace Says

By Colleen Howe BEIJING, Aug 21 (Reuters) – China, the world’s largest builder of coal-fired power stations, cut the number of permits for new plants by nearly 80% in the first half of 2024, an environmental group report finds, saying time would tell whether it was a turning point. The Greenpeace East Asia report, based …

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Consol Energy, Arch Resources Strike Merger Deal to Create $5 Billion Coal Mining Giant

By Sourasis Bose Deal creates one of the largest US coal companies Combined company to export bulk of production to Asia Arch stockholders to own about 45% of combined company Consol shareholders to own rest Aug 21 (Reuters) – Arch Resources (ARCH.N) will merge with Consol Energy (CEIX.N) in an all-stock deal to create a …

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We’re Burning More Climate-Warming Coal Than Ever. Why?

There’s little doubt that avoiding the most dire effects of climate change requires phasing out power stations that burn coal, the biggest source of carbon dioxide emissions. Yet the opposite is happening. Even as temperatures on Earth smash new records and scientists warn the climate is reaching dangerous tipping points, the amount of coal being …

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