Fossil Fuels

Fossil Fuel Demand Said Possibly Peaking as Energy Transition Escalates, Boosted by Covid-19

Fossil Fuel Demand Said Possibly Peaking as Energy Transition Escalates, Boosted by Covid-19

The Covid-19 pandemic may spur longer lasting changes that have accelerated the energy transition from fossil fuels, with investments in renewables now growing at a fast clip, according to analysts.

June 18, 2020
California Bill Could Erode Plans for New Oil, Gas Drilling

California Bill Could Erode Plans for New Oil, Gas Drilling

Curtailing or outright banning new oil and natural gas drilling in California is bubbling up as a back-burner public policy issue in the state capital, with proposed legislation that could impose a 2,500-foot setback for drilling.

April 29, 2019

New York City Looks to Excise Oil Heavyweights From Pension Plans

New York City wants to shut the door on investor-owned fossil fuel funds within five years and is seeking damages from BP plc, Chevron Corp., ConocoPhillips, ExxonMobil Corp. and Royal Dutch Shell plc to protect the city from what it claims are the effects of climate change.

January 11, 2018
ExxonMobil, Climate Advocates in Step, but Rejecting Fossil Fuels ‘Not Acceptable to Humanity,’ Says CEO

ExxonMobil, Climate Advocates in Step, but Rejecting Fossil Fuels ‘Not Acceptable to Humanity,’ Says CEO

ExxonMobil Corp.’s directors were rebuked on Wednesday at the annual meeting when a proxy measure was overwhelmingly approved by shareholders that would allow outsiders to be nominated to the board. The measure, according to proponents, could allow a climate change activist eventually to become a director.

May 25, 2016
Bipartisan Governors’ Group Signs Clean Energy Accord

Bipartisan Governors’ Group Signs Clean Energy Accord

A bipartisan group of governors from 17 states on Tuesday announced the formation of a clean energy accord that they see as a multi-state economic development tool.

February 17, 2016