Energy & Fuel

Offshore Drilling: House Votes To Halt Funding For Atlantic Exploration

"The House last night voted to cut off funding for Trump administration efforts to drill off the Atlantic coast, as the chamber launched debate on a second multibill spending package that includes funds for EPA and the Interior Department."

Source: E&E Daily, 06/20/2019

U.S. Spends Ten Times More On Fossil Fuel Subsidies Than Education

"A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers."

Source: Forbes, 06/19/2019

"U.S. Escalates Online Attacks on Russia’s Power Grid"

"The United States is stepping up digital incursions into Russia’s electric power grid in a warning to President Vladimir V. Putin and a demonstration of how the Trump administration is using new authorities to deploy cybertools more aggressively, current and former government officials said."

Source: NY Times, 06/17/2019

"U.S. Green Groups Ramp Up Legal Attacks On Federal Oil Leases"

"U.S. environmental groups fighting fossil-fuel development made headlines years ago with public demonstrations against big pipeline projects including the Dakota Access and the Keystone XL - only to be steamrolled by President Donald Trump’s executive orders to approve them. Now the so-called ‘keep it in the ground’ movement has a new strategy to slow Trump’s pro-oil agenda: Burying the administration in formal written protests and lawsuits challenging nearly every oil and gas lease it plans on public land."

Source: Reuters, 06/14/2019

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