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Is This A Turning Point For Big Oil?


Is This A Turning Point For Big Oil?
Three oil giants suffered separate blows in one day, marking what one analyst called “the start of a new era” for the industry.
FRANCOIS PICARD via Getty Images
Blades from wind turbines rotate in a field behind an out-of-use oil pumpjack last month near Eldorado, Texas.
Three of the world’s largest oil companies faced a reckoning over climate change Wednesday as shareholder revolts and a landmark court ruling added new pressure to slash emissions.
Royal Dutch Shell suffered the first blow, as a civil court in the Netherlands ordered the company to cut its carbon dioxide emissions 45% below 2019 levels by the end of the decade. ....

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4 More States Propose Harsh New Penalties For Protesting Fossil Fuels


4 More States Propose Harsh New Penalties For Protesting Fossil Fuels
Industry-designed bills to silence climate protests are under consideration in Arkansas, Kansas, Minnesota and Montana. More are likely to come.
By Alexander C. Kaufman
Kerem Yucel/AFP/Getty Images
A Native American environmental activist dances with an eagle feather in front of the construction site for Enbridge s Line 3 oil pipeline near Palisade, Minnesota on January 9, 2021.
Dawn Goodwin spent her 50th birthday among towering pines and yellow birches whose tree rings make her lifespan seem like a child’s in comparison. But on that cool, overcast Saturday in December, the growling of construction trucks and chainsaws drowned out the natural soundscape of gushing freshwater and wind whispering between pine needles on the banks of the Mississippi River.  ....

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Biden's Pause On New Oil And Gas Leasing 'Will Not Significantly Impact' The Industry


Updated
Jan 27, 2021
Biden’s Pause On New Oil And Gas Leasing ‘Will Not Significantly Impact’ The Industry
The executive order, part of a suite of climate actions, could set the stage for bigger policies down the road.
By Alexander C. Kaufman and Chris D Angelo
On Wednesday, President Joe Biden is set to temporarily suspend all new oil and gas leasing on federal lands pending an administrative review, part of an early blitz of executive orders seeking to undo former President Donald Trump’s denialist legacy on climate. 
Although the move is a first step toward Biden’s campaign promise to ban new drilling leases, it is more of a political statement, experts say, than a policy change. The pause will have little immediate effect on an industry that stockpiled federal leases and permits to drill on public lands and waters in the final weeks of the Trump administration.  ....

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Pennsylvania Official Slams Ted Cruz For His Pittsburgh Vs. Paris Comments


On Wednesday, the Texas Republican tried to “own the libs” by tweeting that Biden seemed “more interested in the views of the citizens of Paris than in the jobs of the citizens of Pittsburgh.”
The smarmy tweet drew a lot of negative attention to Cruz, who failed to note that the 2015 Paris agreement isn’t about protecting Parisians ― it’s just the city where the international agreement was adopted by most nations of the world, including the U.S. at the time.
And then Pittsburgh came a-calling in the form of Allegheny County Executive Rich Fitzgerald, who quickly dismissed the senator’s so-called concern for the city’s residents (whose votes Cruz tried to get thrown out). ....

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