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Walmart Joins Growing List of Firms Scaling Back Climate Goals

Prior pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets in 2025.

December 20, 2024

Trump to EU: Buy More US Gas or Prepare for Tariffs

Trump said on Truth Social that if the European Union does not up its imports, "it is TARIFFS all the way!!!" The U.S. goods and services trade deficit with the EU was $131.3 billion in 2022.

December 20, 2024

Biden’s Climate Goal Seeks 60% Emissions Cut by 2035

Biden said the new goal keeps the U.S. on track to achieve net-zero greenhouse gas emissions economy-wide by 2050. It calls for reducing net emissions by 61% to 66% below 2005 levels in 2035.

December 19, 2024

Rivian Quietly Paves Way for UAW Workforce Once Profitable

Under Rivian and the UAW’s confidential pact, the automaker would adopt a neutral stance toward efforts to organize workers at its Illinois factory where its vehicles are made.

December 19, 2024

Ethanol Industry Nears Win for Year-Round E15 Access

Ethanol makers and corn growers have fought for more than a decade to expand access to E15 amid fierce opposition from oil refining states. That opposition has eased some with the rise of EVs.

December 18, 2024

Energy Chief Granholm Warns Against 'Unfettered' LNG Exports

WASHINGTON — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Dec. 17.

December 17, 2024

Trump to Take Reins as Biden Rushes Infrastructure Projects

WASHINGTON — While Republicans capped 2024 with a presidential victory, the Biden administration has been rushing to advance as many infrastructure and microchip projects as it can.

December 17, 2024

Trump Plans Immediate Energy Push After Inauguration

U.S. President-elect Donald Trump is poised to order changes meant to encourage domestic oil and gas development immediately after his Jan. 20 inauguration.

December 17, 2024

Diesel Price Gains 3.6¢ to $3.494 After Last Week’s Decline

U.S. diesel prices rose modestly by 3.6 cents to an average of $3.494 per gallon, according to U.S. Energy Information Administration data released Dec. 16.

December 16, 2024

Biden’s LNG Study to Stop Short of Halting New Exports

A study of liquefied natural gas exports by the Biden administration is expected to stop short of saying the approval of more shipments isn’t in the public interest, according to sources.

December 16, 2024