Economy & Business

"A Chinese development firm is buying oil fields in western Texas for more than $1 billion."

"After an investigation found that ExxonMobil has been funding climate-denying organizations — despite the findings of its own scientists on climate change—the world’s fourth-largest oil company is now going after the journalists who revealed it."

"With each upward degree, global warming will singe the economies of three-quarters of the world's nations and widen the north-south gap between rich and poor countries, according to a new economic and science study."

"How Kevin Folta got entangled with Monsanto, created a shady podcast alter ego, and spurred a hot public debate over conflicts of interest in big ag."

""The Environmental Protection Agency’s (EPA) internal watchdog is launching a project to analyze the environmental impact of the federal ethanol mandate."

"It’s 11.30am in the pumping heart of Canada’s tar sands industry, on a day when local crude is trading at a rock-bottom $29 a barrel. For the down-and-out men and women heading down to the free lunch in the basement of a Fort McMurray church, it’s hard to see a way back up."

"Bill Gates has branded fossil fuel divestment “a false solution” and accused environmentalists of making misleading claims about the price of solar power."

"FORT McMURRAY, Alberta — At a camp for oil workers here, a collection of 16 three-story buildings that once housed 2,000 workers sits empty. A parking lot at a neighboring camp is now dotted with abandoned cars. With oil prices falling precipitously, capital-intensive projects rooted in the heavy crude mined from Alberta’s oil sands are losing money, contributing to the loss of about 35,000 energy industry jobs across the province."