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.
Articles from Fossil Fuels
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.
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.
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.
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.