Emission cap hits Canadian oil, gas

On Tuesday, Prime Minister Mark Carney reaffirmed his support for the U.S.-Israeli war on Iran.Carney spoke about the need to prevent Iran from acquiring nuclear weapons and threatening international peace and security. But Carney also said his government supports the goals of th ...  Show more

In 1953, the United States helped stage a coup to overthrow Iran’s democratically elected prime minister, largely a response to the Iranian leader’s nationalization of the oil industry. Twenty-six years later, revolutionaries stormed the U.S. embassy in Tehran just months after h ...  Show more

So far, President Trump’s “drill, baby, drill,” agenda has proven to be a sharp turn from Biden-era climate initiatives, including the landmark spending bill the Inflation Reduction Act (IRA). And thanks to President Trump’s attempts to claw back control over IRA funds, as well a ...  Show more

With green energy now powering almost 40% of America’s grid, the next few years will be critical. As the need for a cleaner, more resilient power grid intensifies, due in large part to climate change, there have been increasing efforts across the country to block utility-scale wi ...  Show more

Earlier this summer, energy supermajor Chevron secured access to one of the most valuable oilfields in the world. It was the culmination of a months-long battle that pitted America’s second-largest oil company against the largest, ExxonMobil. The FT’s US energy editor, Jamie Smyt ...  Show more

In rural North Dakota an old, coal-fired power plant is being retrofitted to capture emissions before they enter the atmosphere and store them underground. $890 million from the 2022 bipartisan infrastructure law will go towards that and two similar projects in California and Tex ...  Show more