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Tag Archives: climate change

Climate bill’s unlikely beneficiary: US oil and gas industry (access required)

The U.S. oil industry hit a legal roadblock in January when a judge struck down a $192 million oil and natural gas lease sale in the Gulf of Mexico over future global warming emissions from burning the fuels. It came at a pivotal time for Chevron, Exxon and other industry players: the Biden administration had curtailed opportunities for new offshore drilling, while raising climate change concerns.

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This Earth Day, Biden faces ‘headwinds’ on climate agenda (access required)

One year ago, Joe Biden marked his first Earth Day as president by convening world leaders for a virtual summit on global warming that even Russian President Vladimir Putin and China's Xi Jinping attended. Biden used the moment to nearly double the United States' goal for reducing greenhouse gas emissions, vaulting the country to the front lines in the fight against climate change.

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