The automaker said it would invest less in battery-powered cars and scrap a planned electric three-row sport utility vehicle.
Category: Oil (Petroleum) and Gasoline
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Texas Energy So Bountiful, They Pay You to Take It Away
Natural gas has traded at negative prices for weeks at a time in West Texas, where pipelines often lack the capacity to get the fuel to places that need it.
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Chevron Moves Its Headquarters to Houston From California
The oil company, which already has extensive operations in Texas, has often been at odds with California’s elected leaders over the state’s climate and energy policies.
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Oil Companies are Thriving as the World Pushes for Clean Energy
High prices and growing demand have helped U.S. oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars.
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J.D. Vance Is an Oil Booster and Doubter of Human-Caused Climate Change
He once said society had a climate problem but changed his position sharply while seeking Donald Trump’s endorsement in his Senate race.
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Electric Vehicles May Become Harder to Rent
Rental car firms are offering temporary deals on electric cars, which they are selling after they lost value more quickly than expected.
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Marathon Oil Agrees to Pay Record EPA Penalty
The company will spend $242 million to resolve allegations that it released methane, a greenhouse gas, and other pollutants in North Dakota.
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Hawaii Settles With Young Plaintiffs in Climate Case
The state agreed to take steps cut greenhouse gas emissions from transportation. It’s the latest of several victories for youth-led climate lawsuits.
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Oil Projects Must Consider Full Climate Impact, Top U.K. Court Rules
Previously, local council and planning groups in Britain had to weigh only the planet-warming emissions from their own operations.
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Exxon Suit Over Activist Investor’s Climate Proposal Is Dismissed
A federal judge ruled that the case was moot after the investor, Arjuna Capital, withdrew the proposal with a promise not to try again.
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Nigeria Confronts its Worst Economic Crisis in a Generation
People in Africa’s most populous nation are suffering as the price of food, fuel and medicine has skyrocketed out of reach for many.