So much for the idea that American gasoline use topped out in the last decade.
Lower oil prices and the improving economy have sparked an increase in fuel use, road travel and vehicle emissions. It puts an emphatic end to the notion that better fuel economy and fewer active drivers would shrink demand for gasoline in the U.S. from what was thought to be its peak in 2007.
This story was updated with new details Aug. 13
After the Environmental Protection Agency released its groundbreaking carbon regulations last week, opponents worked to fill the airways and newspaper opinion pages with the message that the Clean Power Plan would cost minority communities millions of jobs and increase their poverty levels by more than 25 percent.
The American Legislative Exchange Council’s refusal to act on climate change has cost it another high-profile member: energy giant Royal Dutch Shell. But Shell’s departure comes at a curious time—it is trying to distance itself from a group known for climate change denial while still pressing ahead with climate-threatening Arctic drilling amid determined protests and opposition from a wide range of climate advocates.
Australia on Monday submitted a modest emissions-reduction pledge to the United Nations negotiating body on climate change. It was met by a disparaging chorus of critics who said it did not shoulder a fair load in the world’s struggle to keep global warming within safe limits.
Canadian oil sands producers, facing a double whammy of low oil prices and higher taxes in Alberta, are slashing spending, suspending production, cutting jobs and halting shareholder dividends. They are fighting the same market forces that are putting pressure on the entire oil industry, but face even more hurdles than the oil majors.
A team of British scientists warned on Monday that if greenhouse gas emissions continue unchecked and droughts become more frequent and extreme, several butterfly species could become extinct as early as 2050.
American voters are in a tough spot: With five Democrats and 17 Republicans vying for the Oval Office in 2016, the U.S. has one of its largest pools of presidential candidates in nearly a century—making the task of navigating their stances on the issues more onerous than usual.
On the issue of climate change, while most Democrats are strong proponents of climate action and most Republican contenders fall on the side of denial or hedging about the human role in climate change, there are subtle differences even among candidates of the same party.
The top 10 Republican candidates for president spent 120 minutes of their first primary season debate Thursday night in Cleveland duking it out over issues like foreign policy, national security, immigration, abortion and the economy.
The coal business is personal in Craig, a small town in northwest Colorado.
It’s so personal, businesses are boycotting several Colorado craft breweries including New Belgium Brewing Company for giving money to an environmental group that’s challenging their local coal mines—even though the breweries haven’t actually supported that particular campaign.
With the oil industry facing what could be its worst downturn in more than 45 years, the major companies are taking extraordinary, perhaps even desperate, measures to preserve their dividends. This is raising the question of whether the current price slump is just another in a long history of down business cycles, from which oil companies always emerge victoriously, or a sign of more deeply troubled times ahead.