The U.S. National Highway Traffic Safety Administration (NHTSA) said late on Tuesday it was proposing to cancel a planned hike in higher “gas-guzzler” penalties for automakers whose vehicles fail to meet minimum fuel-economy standards.
What matters is the oil demand curve, which will be highly dependent not only on the level of transition to low carbon energy, but also on social factors such as concern for the polluting effects of petroleum-based plastics.
Opponents in a lawsuit rarely find themselves in the same corner of a legal boxing match. In federal court here Wednesday, though, the gloves stayed on: Leading climate change experts and oil industry representatives largely agreed our planet is warming, our seas rising.
The argument that electric vehicles are just as polluting as gas-powered vehicles because they consume electricity produced from polluting sources like coal plants has been debunked on many occasions at this point.
The Trump administration violated federal law when it failed to meet a deadline to identify all parts of the U.S. that don’t meet air quality standards for smog, a federal judge ruled.
Energy independence has been a U.S. energy policy unicorn ever since the oil crises of the 1970s. However, true energy independence is not economically feasible or even desirable, owing to the globalization of crude oil markets
The oil industry is warning President Trump that steel tariffs could threaten America’s energy boom.
If Zinke carves out exceptions for all these states, the idea of cross-Atlantic oil drilling could be dead.
It’s the car of the future. It’s taking off in markets all over in the world. The electric vehicle? Hardly. It’s the S.U.V., the rugged, off-road gas-guzzler that America invented and the world increasingly loves to drive.
Houston energy companies have reported at least $20 billion in tax benefits from the recently enacted tax overhaul, but whatever savings the firms realize will likely go to well-heeled investors rather than support the local economy through hiring, pay raises and expansions.
