What’s The Buzz?
The oil slump has claimed at least 28,300 oil and gas jobs in Texas since December as the industry continues to pare back amid the worst downturn in years, according to the latest estimates released by an industry group.
As the Paris climate talks loom ever closer and the prospects of a global deal become more real, the world’s biggest businesses are scrambling to show that they, too, are serious about tackling climate change.
The research underlines how much progress governments have made in their promises to fight climate change. Envoys from more than 190 countries gathered by the United Nations aim to seal an agreement in Paris in December to limit fossil-fuel emissions everywhere for the first time.
Over the past 6 weeks, 3 new products have hit the US market after exactly zero had arrived in almost the first 8 months of the year. If everything goes as planned, there should be at least 6 more to come in the last quarter, leading to much higher, record breaking EV sales in America.
The Environmental Protection Agency will propose tightening limits on smog-related pollution Thursday, according to individuals briefed on the decision, but the new standard will fall short of what environmentalists and public health experts had recommended.
Climate change costs an incredible amount of money. But efforts to include those costs in permitting projects just took another hit, when the House voted to pass the RAPID Act, a bill intended to streamline permitting processes.
A federal judge in Wyoming on Wednesday blocked Interior Department rules setting stricter standards for hydraulic fracturing on public lands, the second set of major regulations from the Obama administration to be faulted in court in as many months.
Volkswagen’s diesel deception unleashed tons of extra pollutants in the United States, pollutants that can harm human health. So while many commentators have been quick to say that the cheating engines are not a highway safety concern, safety — as in health — is still an issue.
Recalls are planned to fix the software. But that may be insufficient for VW owners who find they’re now driving a four-wheel pig in a poke with a resale value that’s tumbled alongside VW’s stock price.
Don’t give the environmentalists all the credit (or blame). Where 2008 was a great year to start drilling, 2015 is a great year to quit.