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Granholm Says Oil Industry Must Embrace Green Transition

Jennifer Granholm used her first speech as U.S. energy secretary to warn oil and gas companies they risk being left behind unless they embrace a transition to cleaner sources of energy, while offering them an opportunity to partner with the new administration.

March 3, 2021

Jigar Shah to Run Energy Loan Office

The U.S. Energy Department has appointed Jigar Shah, a clean-power pioneer who helped bring solar into the mainstream, to run the loan-program unit that backed Tesla Inc. and failed solar manufacturer Solyndra.

March 3, 2021

UPS Ships Out First Batch of Johnson & Johnson Vaccine

UPS Inc. began shipping out its first batch of Johnson & Johnson vaccines March 2, now that the single-dose vaccine for the coronavirus has emergency use authorization.

March 2, 2021

Rhode Island Gov. Gina Raimondo Confirmed as Commerce Secretary

Gina Raimondo easily won Senate confirmation as Commerce secretary, placing the Rhode Island governor at the heart of President Joe Biden’s efforts to revive the U.S. economy and confront alleged unfair trade practices by China.

March 2, 2021

American Petroleum Institute Mulls Embrace of Carbon Pricing

The American Petroleum Institute is considering throwing its weight behind a government-imposed price on carbon dioxide emissions as a way to slow global warming, a major policy shift by the oil industry’s top trade group.

March 2, 2021

Hertz Eyes Bankruptcy Exit Via $4.2 Billion Stake Sale

In a deal to jettison itself from under bankruptcy protection, Hertz said March 2 that it may sell a controlling stake in the company to two investment firms for $4.2 billion.

March 2, 2021

Railroads Told to Turn Over Evidence in Fuel Surcharge Suit

In a move that could help speed up the path to a trial, a District of Columbia federal judge ruled in a multidistrict federal lawsuit that more than 200 shippers are entitled to pursue certain evidence to support their allegation that the four largest Class I railroads may have conspired to fix fuel surcharge prices.

March 2, 2021

Lawmakers Reintroduce Bill Promoting Women in Trucking

A group of lawmakers has reintroduced legislation that aims to support women entering the trucking industry.

March 2, 2021

Progressives Propose Wealth Tax to Fund Infrastructure

Sen. Elizabeth Warren said her proposed wealth tax on households worth more than $50 million could help pay for investments in infrastructure, child care and health reforms as part of President Joe Biden’s plan to “Build Back Better” after the coronavirus pandemic that has disproportionately hit low-income families.

March 1, 2021