Exxon Mobil Corp. was demoted from the top credit rating by Standard & Poor’s for the first time since the Great Depression as the collapse of the biggest oil-market rally in history strangled cash flows.
Low wages proffered are another reflection of the challenges faced by a terrorist group that has seen steep drops in revenue from oil sales as well as the physical destruction of some of its cash holdings.
The diesel emissions cheating club is getting larger all the time. It started with Volkswagen last September, but the list of companies who decided to play fast and loose with government regulations is getting longer every day. Now we can add Fiat to that list.
Saudi Arabia, crimped by low crude prices, approved Monday a long-term blueprint for the kingdom’s economic transformation aimed at reducing its dependence on oil.
Approved by 195 countries in December, the non-binding treaty seeks to slow the rise of greenhouse gases, such as carbon dioxide, that are blamed for putting Earth on a dangerous warming path.
The American Lung Association’s 2016 “State of the Air” report found continued improvement in air quality, but more than half (52.1%) of the people in the United States live in counties that have unhealthful levels of either ozone or particle pollution.
Looking over this list of dubious accomplishments, I wondered what climate records we haven’t shattered in the last few years. So I asked a handful of scientists what’s left to fall.
The inevitable transition from gasoline engines to electric cars and eventually to fuel cell vehicles is somewhat hard to forecast, which is why automakers seem to be offering something for everyone, while striving to meet federal emissions regulations.
Volkswagen agreed on Thursday to fix or buy back nearly 500,000 diesel cars in the United States that are equipped with illegal emissions software.
Regulators on Wednesday ordered the Bay Area’s five oil refineries to track and report air pollution on the edge of their properties and regularly update officials on the different types of petroleum they use.
