Business COVID 19

Exxon and Chevron CEOs reportedly discussed a mega merger last year

The chief executive officers of Exxon Mobil Corp. and Chevron Corp. spoke last year about combining the two largest U.S. oil companies, Dow Jones reported, citing people familiar with the talks. Chevron’s Mike Wirth and Exxon’s Darren Woods spoke as the Covid-19 outbreak hurt oil and gas demand, adding financial strain to both companies, Dow […]

Tech

New study: A zero-emissions US is now pretty cheap

Enlarge (credit: Picture Alliance / Getty Images) In many areas of the United States, installing a wind or solar farm is now cheaper than simply buying fuel for an existing fossil fuel-based generator. And that’s dramatically changing the electricity market in the US and requiring a lot of people to update prior predictions. That’s motivated […]

Tech

General Motors’ new climate policy says EVs-only by 2035—we think

Enlarge (credit: Aurich Lawson / Getty Images) Around the world, governments are starting to discuss, or even schedule, banning the sale of new vehicles powered by internal combustion engines. Here in the United States, as is often the case, we may well have to wait for private industry to move first, thanks to the sclerotic […]

Tech

Biden’s approach to climate: Calling it a crisis and treating it that way

Enlarge / National Climate Advisor Gina McCarthy and Special Presidential Envoy for Climate John Kerry answer questions during a press briefing at the White House. (credit: Drew Angerer / Getty Images) Yesterday, US President Joe Biden signed an executive order entitled Putting the Climate Crisis at the Center of United States Foreign Policy and National […]

Tech

One of Biden’s first climate actions looks at fuel efficiency rollback

Enlarge / US President Joe Biden sits in the Oval Office as he signs a series of orders at the White House in Washington, DC, after being sworn in at the US Capitol on January 20, 2021. (credit: JIM WATSON/AFP via Getty Images) One of the first official actions taken by President Joe Biden after […]

Tech

Trump’s Clean Power Plan replacement gets thrown out by a court

Enlarge / DUNKIRK, NEW YORK, UNITED STATES – 2016/10/09: A NRG owned coal fired energy facility that plans to convert to a natural gas facility. (credit: John Greim / Getty Images) Today, the US Court of Appeals for the District of Columbia vacated the Trump administration’s attempt to take a minimalist approach to the regulation […]

Tech

2020 ties 2016 as the warmest year on record

Enlarge / Intense wildfires were one of the climate impacts linked to the recent string of very hot years. (credit: Bloomberg/Getty Images) Today, NASA and NOAA are announcing that 2020 was one for the record books, tying with 2016 for the warmest year since we’ve been tracking temperatures. NASA rates 2020 as the warmest ever, […]

Business

The world is skeptical on Biden’s climate change promises, special envoy says

When the U.S. rejoins the Paris Agreement later this year, fulfilling President-elect Biden’s campaign pledge, much of the world will be wondering the same thing, says Amos Hochstein: How serious is the U.S., really? “We can’t walk into 2021 expecting that we’re just erasing the last four years, and the United States is walking onto […]

Business

The world is skeptical Biden can implement his climate promises, special envoy says

When the U.S. rejoins the Paris Agreement later this year, fulfilling President-elect Biden’s campaign pledge, much of the world will be wondering the same thing, says Amos Hochstein: How serious is the U.S., really? “We can’t walk into 2021 expecting that we’re just erasing the last four years, and the United States is walking onto […]

Tech

Attempt to “red team” climate research comes to a pathetic and confused end

Enlarge (credit: NASA) The reality of climate change has frequently put the Trump administration in an awkward position. Determined to set policies that ignored climate change and staffed by political appointees that refused to accept it, the administration nonetheless found itself responsible for scientists who kept publishing reports filled with awkward facts. The administration’s response […]