Page 12 - Mark Brownstein News Today

The shock to the global financial system from the Russia-Ukraine war is potentially undermining climate change legislation in California.

The shock to the global financial system from the Russia-Ukraine war is potentially undermining climate change legislation in California.

Three bills may fall victim to a new push for more oil drilling.

But surging energy prices could highlight industry weakness.

A US embargo would have more bite if it were joined by the European Union.

The movement to bar imports of Russians oil exports has gained momentum in recent days in Washington following Moscow's brutal invasion of Ukraine.

With public outrage over the invasion of Ukraine rising, Biden administration is less able to resist measure, which could further increase inflation and prices at the pump

The White House appears to be moving toward the idea of banning oil imports from Russia in response to bipartisan clamor from Congress.

NEW YORK - ExxonMobil pledged Tuesday to reach "net zero" greenhouse gas emissions in its operations by 2050, but stopped short of extending the promise to products it sells throughout the global economy.

The target does not account for the climate impact of its customers and suppliers, leaving the company lagging the commitments of some of its rivals.