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Oil majors shifting focus to renewables; banks' fossil fuel funding rises

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Oil majors shifting focus to renewables; banks' fossil fuel funding rises

Gas utilities, environmentalists bring big sticks to NY pipeline brawl

The political battle over natural gas pipelines in New York has intensified. Gas utilities are saying they will have to reduce services over a lack of new pipeline capacity, environmental advocates released a report saying pipelines are not needed, and the state is pursuing a gas-free vision.

European oil majors shifting focus to power, renewables as climate concerns grow

Responding to investor pressure to slash emissions, Europe's largest integrated oil and natural gas companies are flexing their muscles by expanding investments in cleaner energy, including electricity, LNG and renewables.

White House hopeful Inslee wants to put 'meat on the bone' of Green New Deal

Washington Gov. Jay Inslee, who is vying to become the Democratic nominee for U.S. president in 2020, said the ambitious Green New Deal proposal for addressing climate change needs more "meat on the bone," something he hopes to do as part of his run for the White House.

US lawmakers take new look at national clean energy standard

Amid the push for a Green New Deal, lawmakers in the U.S. Senate are re-evaluating a potential national clean energy standard after similar proposals stalled in Congress years ago.

Duke Energy opposes shareholder proposals on climate, political spending

Duke Energy Corp. is pushing back against shareholder proposals targeting the company's political spending, coal use and environment-related activities.

Green groups push back on US EPA claim that coal plant rule will cut global CO2

The U.S. Environmental Protection Agency claims that its proposal to ease carbon dioxide limits on new and modified coal-fired power plants will spark increased investment in efficient coal generation and allow the country to export that technology.

Key House Democrat floats 9 principles for sweeping climate legislation

The chairman of a House climate change subcommittee outlined nine principles he believes should be the basis for any future comprehensive climate legislation with the goal of garnering broad support.

California cracks down on idle oil, gas well safety

California oil and gas developers will have to adopt more stringent safety practices for idle wells in light of newly adopted state regulations.

Enviros urge Massachusetts to stop incentives for wood- and trash-fired heating

More than 30 environmental and conservation groups and scientists have urged Massachusetts to stop using public funds to subsidize biomass technologies for heating and electricity, and to stop classifying trash- and wood-fired heating as "clean" energy under the state's Alternative Energy Portfolio Standard.

Utilities, environmental groups disagree on US EPA approach to regulating CO2

Electric utility associations and environmental groups were divided in responses to a footnote in the U.S. Environmental Protection Agency's proposed rule for new coal plants seeking comment on how it should regulate carbon dioxide emissions.

Canada plans incentives for electric vehicles, infrastructure

Canada's government unveiled incentives for the purchase and adaptation of electric vehicles as the nation aims to move to low-emitting transport.

Exelon CEO finds customers demanding action on climate change

Exelon Corp. President and CEO Chris Crane said the utility's customers are demanding increased deployment of low-carbon technologies to address climate change.

Banks' fossil fuel funding rises, environmental groups warn

Bank funding for fossil fuels since the 2015 Paris agreement on climate change has risen overall, but lenders have reduced their financing to sectors such as tar sands, according to a report from a group of environmental advocacy organizations.

Refining, biofuel lobbies 'fighting over a shrinking pie' as vehicles electrify

While electric vehicles pose a long-term threat to U.S. liquid fuel demand, the petroleum and biofuel lobbies are at an impasse when it comes to finding a palatable policy solution that protects liquid fuel's long-term transportation market share.