fossil fuels
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Michael Bloomberg Is Throwing $US500 Million at Efforts to Shut Down All U.S. Coal Plants
Billionaire, philanthropist, and former NYC Mayor Michael Bloomberg announced this week that he will invest $US500 million into his campaign to shut down coal plants and halve gas use by 2030. Through the Beyond Carbon campaign, Bloomberg has successfully helped shut down about 70% of all coal plants in the U.S. This new push is…
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The EU Just Decided Natural Gas Is ‘Green’ (???)
Raise your hand if you had this on your 2022 bingo card: Natural gas is now climate-friendly.
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5 Oil Execs Cashed Out A$137 Million in Stock During Ukraine Invasion
Russia’s invasion of Ukraine has, in two long weeks, brought untold suffering and instability. Yet, where most reasonable observers see an escalating tragedy, Big Oil CEOs see an opportunity.
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The U.S. Has So Many Oil Pipelines, Half of Them Are Sitting Empty
If you’re in the market for an oil pipeline, you’re in luck — we’ve got a lot of extra ones right now. About half of the oil pipelines in the U.S. are sitting unused, energy research firm Wood Mackenzie said in figures shared with Reuters Thursday. The situation reflects a downturn in oil production that…