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Environment

Environment

Two states are temporarily suspending their gas taxes and others could follow. But don’t expect big savings

A sign reflects the price per gallon of fuel at a gas station on March 10, 2022 in Miami, Florida. Joe Raedle | Getty...

by admin March 22, 2022
Environment

Washington’s ‘trigger-happy’ sanctions may push countries away from the dollar, says think tank

The U.S. has been “extremely trigger-happy” with stinging economic measures, and central banks may decide to diversify their portfolio of foreign reserves instead of...

by admin March 22, 2022
Environment

Coal’s a ‘stupid investment’ and we’re ‘sleepwalking to climate catastrophe,’ says UN chief Guterres

UN Secretary General António Guterres photographed at the COP26 climate summit in Glasgow, Scotland on Nov. 11, 2021. Jeff J Mitchell | Getty Images...

by admin March 21, 2022
Environment

Oil prices jump again on Russia-Ukraine fears, as IEA calls for cut in energy usage

Gas prices in Westchester are above six dollars as prices at the pump continue to rise across the Southland on Sunday, March 13, 2022...

by admin March 21, 2022
Environment

Reduce speed limits and car-free Sundays: The IEA has a 10-point plan to cut oil use

Cyclists photographed in Lisbon, Portugal, in October 2018. Kamisoka | Istock Unreleased | Getty Images Speed limits on highways should be cut by at...

by admin March 20, 2022
Environment

Saudi Aramco’s full-year profit more than doubles on soaring oil prices

An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Saudi Arabian oil giant...

by admin March 20, 2022
Environment

Why high gas prices fall harder on lower earners

Luke Sharrett/Bloomberg High gasoline prices are impacting all American drivers — but low-income households bear the brunt of it. That’s because low earners funnel...

by admin March 19, 2022
Environment

Four climate investors explain the new boom — where the money’s going and risks ahead

Mischa Keijser | Image Source | Getty Images Clean energy is attracting billions of dollars in investments, but as the pace and scope of...

by admin March 19, 2022
Environment

Russia backs down on demands in Iran nuclear deal talks, making revival of 2015 pact imminent

A picture taken on November 10, 2019, shows an Iranian flag in Iran’s Bushehr nuclear power plant, during an official ceremony to kick-start works...

by admin March 18, 2022
Environment

How the Russia-Ukraine war could hit China’s trade

Cargo ships load and unload containers at Qingdao Port’s foreign trade container terminal in Qingdao, East China’s Shandong Province, Nov 11, 2021. Yu Fangping...

by admin March 18, 2022
Environment

Washington lawmakers are considering a gas tax holiday. Don’t expect that to make a big dent in what you’re paying at the pump.

Gas prices in Westchester are above six dollars as prices at the pump continue to raise across the Southland on Sunday, March 13, 2022...

by admin March 17, 2022
Environment

Oil market heads for ‘biggest supply crisis in decades’ with Russia’s exports set to fall, IEA says

In this article @CL.1 @LCO.1 Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David...

by admin March 17, 2022
Environment

Hydrogen-powered train a step closer to passenger service in Germany

In this article AIR-FR BMW-DE 7203.T-JP 9020.T-JP ALO-FR SIE-DE A model of Siemens Mobility’s Mireo Plus photographed in 2019. Nicolas Armer | Picture Alliance...

by admin March 16, 2022
Environment

China’s Covid resurgence is part of the reason oil prices plummeted from record highs

China’s recent Covid wave and subsequent lockdowns have helped oil prices ease from record highs reached roughly a week ago, according to analysts. “We...

by admin March 16, 2022
Environment

Shell’s board of directors sued for ‘failing to properly prepare’ for the energy transition

A Shell logo seen at a petrol station in London. A court in The Hague has ordered oil giant Shell to reduce its carbon...

by admin March 15, 2022
Environment

U.S. oil tumbles more than 8%, dips below $100 per barrel

Permian Basin rigs in 2020, when U.S. crude oil production dropped by 3 million a day as Wall Street pressure forced cuts. Paul Ratje...

by admin March 15, 2022
Environment

Inflation is costing U.S. households nearly $300 more a month. Here’s how to adjust your budget

In this article WFC A shopper bags fruit inside a supermarket in Chevy Chase, Maryland, on Feb. 7, 2022. Mandel Ngan | Afp |...

by admin March 14, 2022
Environment

IMF expects to cut global growth forecast in response to Russia-Ukraine war, managing director says

The International Monetary Fund will likely cut its global growth forecast to account for the economic consequences of the Russian invasion of Ukraine, managing...

by admin March 14, 2022
Environment

5 charts show the stages of global economic recovery since Covid hit

Commuters on a train in Hong Kong on March 2, 2022, amid the Covid pandemic. Dale De La Rey | AFP | Getty Images...

by admin March 13, 2022
Environment

Goldman Sachs predicts what will happen to Europe’s economy if Putin shuts off the gas taps

Workers are seen at the construction site of the Nord Stream 2 gas pipeline, near the town of Kingisepp, Leningrad region, Russia, June 5,...

by admin March 13, 2022
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