Energy & Fuel

NYC Had A Bold Plan To Tax Drivers And Fund Transit. The Governor Killed It.

"What would have been America’s first congestion pricing experiment has been delayed by Gov. Kathy Hochul, leaving public transit in a financial hole."

Source: Washington Post, 06/06/2024

"UN Chief Rebukes Fossil Fuel Industry Supporters As Climate Records Break"

"U.N. Secretary-General António Guterres said Wednesday that countries must confront not just the fossil-fuel industry, but also companies that support efforts to obstruct climate action. The U.N. chief, a longtime critic of oil and gas companies' role in driving climate change, called the industry out for spending billions on "distorting the truth, deceiving the public, and sowing doubt" about climate change, while investing just "a measly 2.5%" of its total capital on clean energy alternatives."

Source: Reuters, 06/06/2024

"Sanctioned Tankers Pose Rising Environmental Risk In Mediterranean"

"Unregulated tankers sidestepping Western sanctions are posing a bigger risk to the Mediterranean region and Greece is undertaking more protective measures to safeguard its coast, the country's shipping minister told Reuters on Tuesday."

Source: Reuters, 06/05/2024

Vermont Enacts 1st State Law Requiring Oil Companies Pay For Climate Damage

"Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather."

Source: AP, 06/04/2024

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