Climate

Biden Unveils $2T Climate, Infrastructure Plan Targeting Carbon-Free Power Sector by 2035

Biden Unveils $2T Climate, Infrastructure Plan Targeting Carbon-Free Power Sector by 2035

Democratic presidential candidate Joseph R. Biden Jr. on Tuesday afternoon unveiled a $2 trillion climate change and infrastructure plan dubbed “Build Back Better” that targets a carbon pollution-free power sector by 2035. The accelerated transformation of the electricity sector “represents the biggest job creation and economic opportunity engine of the 21st century,” according to the…

July 14, 2020
Amazon Launching $2B Climate Investment Fund, Expects to Reach 100% Renewable Goal Five Years Early

Amazon Launching $2B Climate Investment Fund, Expects to Reach 100% Renewable Goal Five Years Early

Amazon.com, Inc. said Tuesday it expects to reach its previously announced goal of running on 100% renewable energy by 2025, five years ahead of schedule. It also is launching a $2 billion fund to invest in products, services and technologies that decarbonize the economy. The e-commerce and technology giant had previously committed to reach 80%…

June 23, 2020
Warming Climate Seen Bulking Up Natural Gas Storage

Warming Climate Seen Bulking Up Natural Gas Storage

An increasingly hot climate does not bode well for U.S. natural gas, as a projected 0.1% decline in average degree days forecast over the next 10 years is expected to boost storage inventories by an additional 600 Bcf, according to analysts at Raymond James & Associates Inc. Using data from the National Oceanic and Atmospheric…

June 22, 2020
BP, ‘Green’ Shareholders Collaborating on Zero Emissions Goals

BP, ‘Green’ Shareholders Collaborating on Zero Emissions Goals

BP plc and shareholder Follow This have agreed to work together toward offering a resolution at the 2021 annual meeting to support more investments beyond oil and natural gas that would move the supermajor toward its net zero emissions goals.

March 31, 2020
BP, ‘Green’ Shareholders Collaborating on Zero Emissions Goals

BP, ‘Green’ Shareholders Collaborating on Zero Emissions Goals

BP plc and shareholder Follow This have agreed to work together toward offering a resolution at the 2021 annual meeting to support more investments beyond oil and natural gas that would move the supermajor toward its net zero emissions goals.

March 31, 2020
Arizona Bill Protects Natural Gas Use in New Buildings

Arizona Bill Protects Natural Gas Use in New Buildings

In the face of a growing interest among local governments in curbing natural gas use in new buildings as a climate mitigation move, Arizona Gov. Doug Ducey has signed into law a statute that protects gas as an alternative in building construction.

February 25, 2020

ExxonMobil Prevails in New York Climate Change Investigation

New York’s top lawyer failed to establish enough evidence that ExxonMobil violated laws in connection with its public disclosures to account for “past, present and future climate change risks,” a state Supreme Court judge ruled Tuesday.

December 11, 2019

Trump Administration Formalizes U.S. Withdrawal from Paris Climate Change Accord

The United States has submitted formal notification of its withdrawal from the United Nations (UN) global climate agreement, aka Paris Agreement, effective one year from now, Trump administration officials said Monday.

November 5, 2019
Companies, States Joining Aggressive Carbon Neutrality Plans

Companies, States Joining Aggressive Carbon Neutrality Plans

States across the nation and private companies continue to advance ambitious climate protection plans, with Amazon and Maine among some of the latest pledging carbon neutrality within 25 years.

September 25, 2019
Carbon Tax? Climate Change Solutions, Anybody? Fortune 500 CEOs Take Gauntlet

Carbon Tax? Climate Change Solutions, Anybody? Fortune 500 CEOs Take Gauntlet

Despite no traction on similar issues in recent years by esteemed leaders from both sides of the aisle, 13 Fortune 500 CEOs, including those from BP plc, Royal Dutch Shell plc, Dominion Energy, DTE Energy and PG&E Corp. called on President Trump and Congress to impose an economy-wide carbon pricing policy and enact climate change reforms.

May 17, 2019
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