The largest 'energy' companies earn their multimillion-dollar profits from fossil fuels, while revenues from renewables are minimal or non-existent.
The Tennessee Valley Authority โ the nation's largest public utility โ wants to replace two coal power plants with natural gas, raising climate and environmental justice concerns.
The oil giant says chemicals are part of the solution to climate change. Its operations in Norco, Louisiana, tell a different story.
Before obtaining the required permits, Diversified Energy began installing cryptocurrency mining infrastructure on one of its thousands of well pads.
"I want the fossil fuel industry to stop breaking the law and pay for their crimes against people and the planet."
Insiders arenโt surprised as ExxonMobil, the last remaining proponent of green algae biofuel, ends research.
The Treasury Department's definition will affect billions of dollars in federal subsidies for the nascent industry.
Collectively, trade associations like the American Petroleum Institute have spent billions in ads and lobbying to keep fossil fuels flowing.
Keeping them means homes will use gas for heating too, explains Rice University professor Daniel Cohan.
Process will set financial assurance plan for all producersโ wells.
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