Carbon Dioxide Target Rule for Federal Highways Deemed Unlawful
A Federal Highway Administration rule requiring states to measure and set declining targets for carbon dioxide emissions on highways is unlawful, a federal judge in Texas ruled.
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.
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.
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.
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.
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.
A Federal Highway Administration rule requiring states to measure and set declining targets for carbon dioxide emissions on highways is unlawful, a federal judge in Texas ruled.
Kevin Rhodes,
A coalition of national and local advocacy organizations moved to join in litigation over tougher soot rules, filing a motion to intervene late Wednesday.
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.-bsp-bb-link> facing the biggest threat to its operations.
Insatiable demand for electricity in the US will overpower headwinds facing the solar industry, leading to an unprecedented buildout of panels, according to Nextracker Inc. Chief Executive Officer Dan Shugar.
<-rte-company state="{"_id":"0000018e-854b-dd73-a18e-c74fc7a70000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">SilverBow Resources Inc.-rte-company> 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.-bsp-bb-link> to combine the Texas oil and natural gas producer with its own unit is far too low.
<-bsp-bb-link state="{"bbHref":"bbg://securities/C%20US%20Equity/ESG%20CLIM","_id":"0000018e-85ad-dd73-a18e-c7af01340000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Citigroup Inc.-bsp-bb-link> said 42% of its clients in the energy sector don’t have a “substantive plan” for aligning their emissions with a net zero pathway or are “unlikely to transition” at all.
The private credit market presents an opportunity for energy companies looking to fund their transition into green energy, according to Texas finance lawyers.
By the end of last year, 31 countries had surpassed what’s become a pivotal EV tipping point: when 5% of new car sales are purely electric. This threshold signals the start of mass adoption, after which technological preferences rapidly flip.
The world’s biggest banks are quietly hanging on to carbon-intensive clients because of what they see as unrealistic demands from regulators and civil society — and the threat to their fees.
Kevin Rhodes,
The judge presiding over <-bsp-person state="{"_id":"0000018e-856b-dd73-a18e-c76f02360000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Sam Bankman-Fried-bsp-person>’s sentencing Thursday will have to decide whether the fallen crypto mogul is a run-of-the-mill financial fraudster or a villain eclipsed only by Ponzi scheme mastermind <-bsp-person state="{"_id":"0000018e-856b-dd73-a18e-c76f02360001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Bernie Madoff-bsp-person>.
<-bsp-bb-link state="{"bbHref":"bbg://securities/HD%20US%20Equity/MA%20MADL","_id":"0000018e-855d-dd73-a18e-c75f478f0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Home Depot Inc.-bsp-bb-link> said it would buy building-products distributor <-bsp-bb-link state="{"bbHref":"bbg://securities/0742294D%20US%20Equity","_id":"0000018e-855d-dd73-a18e-c75f478f0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">SRS Distribution Inc.-bsp-bb-link> for about $18.25 billion in a bid to bolster the company’s professional services business.
The private credit market presents an opportunity for energy companies looking to fund their transition into green energy, according to Texas finance lawyers.
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