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.
Fox Creek, an oil town of nearly 3,000 residents in western Alberta, recently experienced its third earthquake of at least magnitude 4.0 this year. The difference between this one and many of the quakes felt in fracking country in the U.S., however, is that Canadian researchers are attributing the cause to fracking itself, not just the wastewater disposal process.
If enough states "just say no" to the Obama administration’s Clean Power Plan, refusing to impose limits on the carbon dioxide emissions of electric utilities within their borders, that could hasten the emergence of an interstate cap-and-trade regime designed by the federal government.
Waiting to tackle ocean acidification caused by climate change through yet-to-be developed geoengineering schemes will be too little too late to prevent mass extinction of ocean life, a new study concludes.
One unexpected twist in the Environmental Protection Agency’s rules governing carbon dioxide emissions from power plants is a proposal to create incentives to move more rapidly toward energy efficiency and renewables like wind and solar power.
The feature could help compensate for the agency’s decision to delay by two years, until 2022, the first compliance deadline imposed by the Clean Power Plan regulations, which were published on Monday.