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Environment & Energy Report

BlackRock Urges FERC to Keep Public Utility Investment Policy

BlackRock Inc. and Vanguard joined renewable energy developers and the largest electric utilities in pressing US energy regulators to keep a long-standing practice of granting blanket authorization for investment companies to hike funding to public utilities.

Safer, Sustainable Chemicals Hard to Find But Efforts Continue

Regulatory requirements for safer, more sustainable chemicals don’t always align with governmental clean energy and other goals, according to speakers at a chemical regulations conference.

US Announces $1.5 Billion Loan to Restart Michigan Nuclear Plant

The Biden administration announced Wednesday a conditional loan commitment of up to $1.52 billion for a loan guarantee to help restart a shuttered nuclear plant in Michigan, a significant move to keep reactors running as a major source of zero-carbon power and high-paying jobs.

EPA Likely to Pause New Chemical Staff Hires Due to Budget Cuts

Planned improvements to speed and enhance new chemical reviews may be paused as the EPA decides how to allocate cuts Congress recently made to its fiscal year 2024 budget.

TVA Gas Plant Analysis Meets EPA Criticism on Emissions, Costs

The Biden administration wants the Tennessee Valley Authority to reevaluate preferred plans to build a natural gas-fired power plant to replace an aging coal facility scheduled to close by 2027, finding deficiencies in the federally owned utility’s environmental review.

Rare Toads or Clean Energy? An Environmental Law Fight in Nevada

In Nevada, can a balance be struck between an endangered toad species and the pressing need to address climate change? The future of NEPA, a 54-year-old environmental law, may hold the answer.

Latest Stories

Citi Says 42% of Energy Clients Not Clear on Net Zero Plans

<-bsp-bb-link state="{"bbHref":"bbg://securities/C%20US%20Equity/ESG%20CLIM","_id":"0000018e-8619-dd73-a18e-c71f07060000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Citigroup Inc. said more than a third of its clients in the energy sector don’t have a clear plan on how they’ll reach net zero.

Saudi Arabia Targets Historic Green Bond Sales for Projects

Saudi Arabia’s government may start selling green bonds for the first time as the world’s biggest oil exporter seeks to raise money for environmentally-friendly projects and a transition away from fossil fuels that are the backbone of its economy.

Bridge Disaster Leaves Some US Coal Miners With Few Options

The catastrophic shipping accident that’s choked off Baltimore harbor is leaving few options for some US coal exporters, with <-bsp-bb-link state="{"bbHref":"bbg://securities/CEIX%20US%20Equity/FA","_id":"0000018e-8594-dd73-a18e-c797361e0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Consol Energy Inc. facing the biggest threat to its operations.

SilverBow Says Kimmeridge Offer Is Too Low as Proxy Fight Looms

<-rte-company state="{"_id":"0000018e-854b-dd73-a18e-c74fc7a70000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">SilverBow Resources Inc. says an offer by activist investor <-bsp-bb-link state="{"bbHref":"bbg://securities/0649825D%20US%20Equity","_id":"0000018e-854b-dd73-a18e-c74fc7a70001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Kimmeridge Energy Management Co. to combine the Texas oil and natural gas producer with its own unit is far too low.

California Fights to Keep Insurers Despite Fire Risk

How a Rare Toad Species Stopped a Clean Energy Project

Climate Change Fuels Texas Boom Towns' Water Worries

Insurers Sue Their Own Clients to Dodge PFAS Claims

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Home Depot Bets $18 Billion on Expanding Battle for the Pro

<-bsp-bb-link state="{"bbHref":"bbg://securities/HD%20US%20Equity/MA%20MADL","_id":"0000018e-8614-dd73-a18e-c717fb620000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Home Depot Inc. is making its biggest <-bsp-bb-link state="{"bbDocId":"SB1YGATVI5MQ","_id":"0000018e-8614-dd73-a18e-c717fb620001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">acquisition ever to win over more professional contractors as the company looks beyond its do-it-yourself roots to revive growth.

Bankman-Fried Sentencing a Harbinger of Crypto Trials to Come

FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison. The decision sets the tone for others accused of crimes involving digital assets, including former Celsius Network Ltd. Chief Executive Officer Alex Mashinsky, Terraform Labs Pte co-founder Do Kwon and Binance Holdings Ltd. founder Changpeng Zhao.