Six energy companies call for carbon pricing

Six leading oil and gas companies Monday called on governments to put into place a carbon pricing system, saying this would be the most effective way of cutting the emission of greenhouse gases.

Little spent on oil spill cleanup technology

(AP) -- While oil companies have spent billions of dollars to drill deeper and farther out to sea, relatively little money and research have gone into finding new, improved ways to respond to oil spills in deepsea conditions ...

Bailout or subsidy: Oil in the age of pandemic

COVID-19 is disrupting all sectors of the global economy, and the energy sector is far from immune. As economic activity slows precipitously on its way to catastrophically, the fossil energy sector that drives part of that ...

Oil self-regulates around globe

(AP) -- The U.S. government is not alone in ceding responsibility to the oil industry for the design of key safety features on offshore rigs, a trend coming under scrutiny worldwide following the deadly blowout in the Gulf ...

Climate experts warn of fossil fuel tactics at COP28

Oil-rich Gulf states have positioned themselves as both champions of climate innovation and guardians of fossil fuel interests—a balancing act experts warn could derail action at COP28 in Dubai.

Solar industry faces head winds but remains hopeful

Solar-industry executives paint a bright future for their industry, one where photovoltaic panels adorn roofs of homes and businesses and huge power plants capture the sun's rays to generate electricity. But the industry ...

Report shows climate change imperils the U.S. financial system

Burnt orange daytime skies signal that the consequences of climate change are already here. But while we tend to focus on the death and destruction resulting from the growing frequency and severity of wildfires and other ...

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