The supplemental rule comes as President Biden has accused oil companies of “war profiteering” and raised the possibility of imposing a windfall tax on energy companies if they don’t boost domestic production.
Environmentalist says coal ash has contaminated drinking water wells in four Indiana communities.
The political fight is only getting fiercer over whether it’s financially wise or “woke” folly to consider a company’s impact on climate change, workers’ rights and other issues when making investments.
The president suggested he will look to Congress to levy tax penalties on oil companies if they don’t begin to invest some profits in lowering costs for American consumers. The president issued the warning just days before the Nov. 8 midterm elections.
The Indiana Economic Development Corp., along with public and private partners, is hoping for a piece of $7 billion in grants to establish northwestern Indiana as one of a handful of hydrogen hubs nationwide.
More than 130 nations, including China, India and Russia, have formally ratified the agreement, which compels countries to limit the use of hydrofluorocarbons.
For years, environmentalists and public officials have urged AES Indiana to stop burning coal at its largest and dirtiest power plant. Now, it appears that the Indianapolis-based utility is getting ready to do just that.
EVs are soaring in popularity amid tax incentives and high gas prices, but how and where to charge up remains a dilemma that’s a barrier for most renters.
The task force approved 13 recommendations in a draft final report that could result in proposed legislation during the session in January.
The withdrawals have sent the nation’s strategic reserve to its lowest level since 1984 in what the administration called a “bridge” until domestic production could be increased.
The company has three years to reach compliance across 1,160 locations and will pay a civil penalty of $5.3 million.
A total of 20 companies will receive grants for projects to extract and process lithium, graphite and other battery materials, manufacture components and strengthen U.S. supply of critical minerals, officials said.
Gasoline prices, one of the most visible signs of inflation, are a political headache for President Biden, who in recent weeks has repeatedly warned oil companies against raising costs.
Sam Carpenter succeeds Jesse Kharbanda, who led the organization for more than 14 years before stepping down early this year.
The company has recently begun testing its first products with customers and is working to ramp up production in coming months.
Utilities Citizens Energy Group and CenterPoint Energy said natural gas prices, which spiked a year ago, will be even higher this winter, leading to costlier heating bills in Indiana.
The production cut threatens a global economy already destabilized by the Ukraine conflict and risks saddling Biden and Democrats with newly rising gasoline prices just ahead of the U.S. midterm elections.
The Interim Study Committee on Energy, Utilities and Telecommunications heard a series of reports on various energy topics before voting to adopt a report devoid of legislative recommendations.
Authorities have detected the high levels of PFAS, or per- and polyfluoroalkyl substances, in deer in several states, including Michigan and Maine, where legions of hunters seek to bag a buck every fall.
The mantra of energy experts has been that we need to electrify everything. But installing all of that stuff—the solar panels, the heat pumps, the transmission lines—will require something that the United States doesn’t have: lots and lots of electricians.
