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Home2023February

Month: February 2023

CO2 & GHG

US 2022 power plant emissions fell on switch from coal to gas -EPA

February 25, 2023 Mariel Alumit

WASHINGTON, Feb 24 (Reuters) – U.S. power plant emissions of pollutants that harm human health and warm the planet fell last year as the industry continued a switch from coal to natural gas, the Environmental […]

EnergyNews

Pioneer Natural Resources Considers Buying Explorer Range

February 25, 2023 Mariel Alumit

Pioneer Natural Resources Co., one the largest independent US oil producers, is considering an acquisition of Appalachian natural gas producer Range Resources Corp., according to people familiar with the the matter. Texas-based Pioneer is weighing […]

Electrical Generation / Utilities

America’s Largest Power Grid Faces Worsening Reliability Risks

February 25, 2023 Mariel Alumit

A new report reveals the US’ largest power grid is shuttering power generation units faster than new supply can be brought online, threatening electric reliability in 13 states that stretch from Illinois to New Jersey […]

U.S
Crude Oil News

Oil flat on week as U.S. inventories rise but Russia cuts supply

February 25, 2023 Mariel Alumit

​ Brent crude futures settled at $83.16 a barrel, up 95 cents, or 1.2%. West Texas Intermediate U.S. crude futures (WTI) settled at $76.32 a barrel, rising 93 cents, or 1.2%. Earlier, both fell by […]

Energy Crisis

U.S. Plans $550 million Aid for Ukraine, Moldova Energy Security

February 25, 2023 Mariel Alumit

  Firefighters work to put out a fire at energy infrastructure facilities damaged by Russian missile strike, as Russia’s attack on Ukraine continues, in Kyiv region, Ukraine November 15, 2022. State Emergency Service of Ukraine/Handout […]

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 […]

Inflation

US consumer spending surges in January, inflation heats up

February 24, 2023 Mariel Alumit

US consumer spending increased by the most in nearly two years in January amid a surge in wage gains, while inflation accelerated, adding to financial market fears that the Federal Reserve could continue raising interest […]

profits
Big Oil Companies

War and oil profits mean more investment in fossil fuels — and green energy

February 24, 2023 Mariel Alumit

The world’s oil giants had themselves a great year in 2022. According to recent earnings reports, ExxonMobil made record annual profits, and Chevron saw net profits double — and that’s just the American companies. The bonanza […]

Solar
Grid

The U.S. Has Billions for Wind and Solar Projects. Good Luck Plugging Them In. (NYT)

February 24, 2023 Mariel Alumit

Plans to install 3,000 acres of solar panels in Kentucky and Virginia are delayed for years. Wind farms in Minnesota and North Dakota have been abruptly canceled. And programs to encourage Massachusetts and Maine residents […]

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