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HomeEnergyNews

EnergyNews

Climate Crisis

COMMENTARY: Handling the climate crisis is not a race, but the U.S. Inflation Reduction Act is showing leadership – Irina Slav

February 25, 2023 Mariel Alumit

​ By Irina Slav More From Irina Slav When Emmanuel Macron complained to Biden that the Inflation Reduction Act will hurt European businesses I made fun of him. I made fun of all the European […]

Biden Administration
EnergyNews

Texas Has a Warning for Its Pensions: Sever Ties With BlackRock

February 24, 2023 Mariel Alumit

​Texas Comptroller Glenn Hegar is stepping up his battle against so-called sustainable investing, telling state money managers that they haven’t done enough to cut ties with BlackRock Inc. and other financial firms that he says boycott […]

Michigan
EnergyNews

Judge grants motion by state of Michigan to appeal key decision in Line 5 dispute

February 24, 2023 Mariel Alumit

WASHINGTON — The U.S. judge presiding over Michigan’s bid to shut down the Line 5 pipeline has agreed to let the state appeal a key ruling even though the case remains unresolved. District Court Judge […]

Tesla
EnergyNews

Tesla Makes US the Focus of Battery-Making Efforts in Blow to Germany

February 24, 2023 Mariel Alumit

Tesla Inc. is prioritizing battery-cell production in the US over Germany because of manufacturing tax breaks included in President Joe Biden’s Inflation Reduction Act. While Tesla has started assembling battery systems and is preparing to […]

Virginia
EnergyNews

Virginia group’s solar scorecard aims to quantify thorny nuance around development

February 24, 2023 Mariel Alumit

​When a Charlottesville environmental nonprofit found out about plans for a huge solar farm in a nearby part of Virginia recently powered by coal, its leaders were eager to give a quick thumbs-up. First, however, […]

BlackRock Still Manages $4 Billion of Texas Assets Despite Divestment Vows
EnergyNews

BlackRock Still Manages $4 Billion of Texas Assets Despite Divestment Vows

February 24, 2023 Mariel Alumit

​BlackRock Inc. manages more than $4 billion in funds for the biggest public pension in Texas, undercutting claims by Republican Governor Greg Abbott that the state has cut ties with the world’s largest asset manager because of […]

Oil
Crude Oil News

Oil Stems Run of Declines as Pressure From Hawkish Fed Cools

February 24, 2023 Mariel Alumit

Oil held near $74 — after the longest run of losses this year — as prices swung with a fluctuating dollar and traders looked toward US inventory figures due later. West Texas Intermediate was little […]

U.S
EnergyNews

U.S. natgas gains 5% on technical buying ahead of storage report

February 24, 2023 Mariel Alumit

U.S. natural gas futures rose more than 5% on Thursday on a technical rebound and forecasts for slightly colder weather over the next two weeks. Front-month gas futures for March delivery on the New York […]

Oil
Crude Oil News

Pioneer Natural Resources sees oil price above $90 a barrel by summer

February 24, 2023 Mariel Alumit

DENVER, Feb 23 (Reuters) – Oil prices will likely climb to the $90 a barrel to $100 a barrel range by this summer, Scott Sheffield, chief executive officer of shale producer Pioneer Natural Resources (PXD.N) said […]

Climate Crisis

Commentary: The myth that “97% of scientists agree” about a climate crisis – Alex Epstein

February 24, 2023 Mariel Alumit

Most climate scientists agree that we have some climate impact. This does not at all justify the rapid elimination of fossil fuels. Myth: 97% of climate scientists agree that we face a climate crisis that requires the rapid […]

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