Tag: fossil fuels

Defense Production Act orders authorize federal support for oil, coal, liquefied natural gas, and grid infrastructure as industry profits increase during Iran conflict.

Analysis finds oil and gas price spikes linked to the conflict have shifted massive wealth from households and businesses to major energy companies while lawmakers propose taxing windfall profits.

Lawmakers and advocacy groups propose taxing fossil fuel windfalls as war-driven price spikes hit American households and deepen inequality.

Rollback targets legal basis for greenhouse gas limits as environmental and public health groups prepare lawsuits.

Internal documents show the Trump administration’s EPA is abandoning decades of public health accounting in favor of business compliance costs.

Climate and frontline groups warn the permitting bill would gut public oversight, fast track polluting projects, and undermine one of the nation’s foundational environmental laws.

The battle royale between the two may prevent COP30, hosted by Brazil, from issuing any joint communiqué or “cover letter.”

With fewer than one third of Paris Agreement signatories submitting updated climate plans, the UN’s new synthesis report shows global pledges would cut emissions by only 10 percent by 2035 as world leaders admit “overshooting is now inevitable.”

Stand.earth finds financing surges since 2024 while Brazil’s Petrobras pushes new drilling at the mouth of the Amazon River ahead of COP30 in Belém.

Global heating has pushed warm-water reefs past a point of no return, scientists warn, with mass bleaching since 2023 affecting more than four-fifths of reefs and cascading risks for food security, coastal protection, and the global economy ahead of COP30.