Economy & Business

"U.S. energy use has been flat, but bitcoin, data centers and EVs are fueling a spike and threatening climate goals."

"To some, it felt like the oil executive blurted the quiet part out loud. “We should abandon the fantasy of phasing out oil and gas,” said Amin Nasser, head of what is, by far, the world’s biggest oil producer, Saudi Aramco."

"The legislation aimed to reformulate how Oregon funds the rising costs of fighting wildfires. It sparked debate within the Democratic-controlled Legislature about who should pay: taxpayers or big timber owners, who won steep tax cuts in the 1990s."

"Up to 10 informants managed by the FBI were embedded in anti-pipeline resistance camps near the Standing Rock Sioux Indian Reservation at the height of mass protests against the Dakota Access pipeline in 2016."

"A federal bank that finances projects overseas voted Thursday to put $500 million toward an oil and gas project in Bahrain, a transaction that critics said was out of step with President Biden’s climate commitments."

"President Joe Biden’s administration has conditionally agreed to loan more than $2 billion to the company building a controversial lithium mine in Nevada with the largest known U.S. deposit of the metal critical to making batteries for electric vehicles key to his renewable energy agenda."

"Plastic manufacturers have received $9 billion in subsidies for new or bigger facilities since 2012."

"Federal judges have temporarily halted a landmark new climate reporting rule, sidelining efforts by Wall Street’s top regulator to uncover the risks U.S. corporations and their investors face from rising global temperatures."