Energy
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Russia oil tax revenues projected to double in April to $9B, amid Iran conflict, Hormuz standstill
The windfall will come from the country's single biggest oil tax and the high oil prices due to the conflict in Iran.
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Zeldin touts EPA rescinding 'endangerment finding' on greenhouse gases, says 'celebrate vindication'
In 2009, the EPA signed the Endangerment Finding that concluding that six greenhouse gases threaten public health and welfare, and that emissions from new motor vehicles contribute to such pollution.
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Regulator: LNG expansion likely to affect rare marsh bird
Cheniere Energy’s Sabine Pass LNG Stage 5 expansion project in Cameron Parish is "likely to adversely affect" the eastern black rail, a secretive, sparrow-sized bird, the federal energy regulator ruled in a draft environmental impact statement released in early April.
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Energy Secretary’s disastrous EV publicity stunt wasted tax dollars, didn’t follow rules: report
The report found the total cost of the 42 travel vouchers used in the ill-fated road trip was $124,824. The total amount by which lodging expenses exceeded per diem rates was $9,488, with excess costs per traveler ranging from $50 to $634 per trip.
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Car dealers hopeful about EV mandates under Trump administration
Early last year, Mickey Anderson, owner of Baxter Auto Group, spearheaded an effort that drew over 5,000 signatures from dealers across the country, calling on President Joe Biden to ‘slam the brakes’ on the mandates.
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Experts say when you factor in ‘hidden costs’ of intermittent wind power, Trump is right about costs
Reports in the media and claims by renewable energy proponents claiming wind is cheaper cite levelized cost of energy studies, which don't factor in the costs of ensuring a reliable electricity supply using intermittent generators.
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Within a month, 6 largest U.S. banks leave UN Net-Zero Banking Alliance
Since April 2021, 141 banks in 44 countries with more than $61 trillion in assets had joined NZBA, the alliance says. That’s down from 145 banks with more than $73 trillion in assets it reported last month after Wells Fargo and Goldman Sachs withdrew.
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Texas oil, natural gas industry breaks record: $27.3 billion paid in taxes, royalties
This is the highest total in Texas history – shattering last year’s record by nearly $1 billion.
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Solar farm uncertain following bipartisan concerns
Jason Hayes, director of energy and environmental policy for Michigan’s Mackinac Center, pointed out how inconsistent many of the green policies and initiatives coming from the state are.
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Trump says windmills are ‘driving the whales crazy,’ says he'll seek 'no windmills' policy
Calling wind energy "the most expensive energy there is," Trump said wind farm developers are “getting rich” off the projects as a direct result of the government subsidies the projects receive.
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Critic: Dept. of Ecology releasing 'out of date' emissions data on climate goals
Newly released emissions data from the Washington State Department of Ecology shows the state is behind on climate goals set by the administration of outgoing Gov. Jay Inslee.
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Exxon files defamation lawsuit against Calif. AG, alleging smears after green hydrogen failure
The lawsuit emphases that the defendants are entitled to disagree with Exxon’s policies and practices, but they are not entitled to "engage in a false media campaign against ExxonMobil's reputation and character."
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1st of $23M in EV chargers in Wisconsin open at Kwik Trip stations
The stations are part of 53 projects costing $23 million that were announced in May in the state as part of the National Electric Vehicle Infrastructure Formula Program.