Energy
Image
Ferrari stock prices drop after luxury carmaker rolls out first fully electric vehicle
The Luce, as it's been dubbed, was unveiled in Rome comes as Porsche and Lamborghini scale back plans to launch their own EVs in the face of weak demand.
Image
GOP-led House advances highway bill that slaps fees of EV owners after years of ducking gas taxes
The bill also impose a fee on EV owners for their vehicles putting excessive well and tear on roads.
Image
As oil companies look to replicate shale success outside US, they face big challenges
Over decades, America's shale oil and gas wells will decline. Companies have been exploring opportunities abroad, as there are plenty of shale-rich basins for companies to tap.
Image
Newsom celebrates gas price decline since start of Ukraine conflict, amid job losses
Newsom said the state’s price gouging and transparency efforts helped bring prices down, but with California prices declining just four cents more than the national average, data suggests global energy prices drove most of the decline.
Image
Voters balked on natural gas bans, but climate advocates are hoping to withstand court challenges
From efficiency standards to taxpayer supported electrification programs, anti-fossil fuel activists aren't giving up on the fight to stop consumers from using natural gas.
Image
GOP policymakers tell International Energy Agency to stop being cheerleader for energy transition
"This new focus on an unachievable global energy transformation, urged by environmental groups and other non-governmental organizations, has caused IEA to veer away sharply from its energy security mission,” the report states.
Image
After bad bet on electric vehicles, Hertz reportedly selling low-mileage 2023 Teslas for under $18K
Hertz initiated a plan to transition a large chunk of its fleet to electric vehicles, but the vehicles turned out to be expensive to maintain, and they depreciated quickly.
Image
DOE natural gas analysis draws disbelief from Republicans, industry
House Energy and Commerce Committee Chair Cathy McMorris Rodgers, R-Wash., condemned the rushed Biden administration study as a “politically motivated” move meant to “hamstring” the energy goals of the incoming administration.
Image
House Judiciary Committee seeks information from ESG-aligned firms in antitrust investigation
“I think we're on the cusp of a full-spectrum push across the entire federal government against this [ESG] nonsense,” Will Held, executive director of Consumers’ Research, told Just the News.
Image
Offshore wind: Opportunities in $200B investment or in peril from Trump
Among the recommendations in the report is a state appropriation of up to $50 million for improvements to Radio Island at the Port of Morehead City to “facilitate offshore wind economic development opportunities at the site.”
Image
Biden Energy Dept. deals another blow to natural gas supporters
Climate activists and environmental justice advocates celebrated the release of the DOE report halting LNG exports.
Image
Montana, Wyoming sue federal government over coal production ban
In November, the Biden administration announced its final decision regarding a supplemental environmental impact statement (SEIS) and proposed amendment to end coal mining in this region.
Image
Senate Budget Committee holds onto climate-driven insurance crisis, but experts dispute narrative
“Let me get straight to the point — the insurance industry is not in the midst of a climate-driven crisis, nor is it about to fall. Strength and stability are the hallmarks of this industry,” Dr. Robert Hartwig, clinical associate professor of finance at the University of South Carolina, said.