Enbridge Inc.’s proposal to keep its massive Mainline oil pipeline network full through long-term contracts was rejected by Canada’s top energy regulator in a win for some producers who want more flexibility to ship their crude.
The Interior Department’s recommended oil and gas leasing reforms are poised to cut the climate impact of production on federal lands and waters while carefully staying within the bounds of the law, analysts say.
The Biden administration on Friday issued a long-awaited blueprint for overhauling oil and gas development on federal lands that includes boosting royalty rates despite high gasoline prices that have spurred demands to accelerate domestic production.
Much of the world has been turning away from nuclear power, with its aging plants, legacy of meltdowns and radioactive waste. But some governments, big companies and billionaires including Bill Gates and Warren Buffett are convinced the technology can help save the planet.
China’s carbon dioxide emissions have dropped for the first time since the economy was locked down at the start of pandemic, after the nation’s property slump hit construction activity and its energy crisis forced the authorities to ration power.