"Global public subsidies for fossil fuels almost doubled to $700bn in 2021, analysis has shown, representing a “roadblock” to tackling the climate crisis." "Support amid huge industry profits is a ‘roadblock’ to tackling climate crisis, says International Energy Agency".
"Enforcement could be complex and legal challenges are likely. But ultimately, experts say, success or failure will depend on steady supply and buyers’ appetite."
"For years, as California has moved ahead with ambitious clean-air regulations, the state has had to prod the auto industry to go along. Now, in the push to electrify the nation’s car fleet, it is California that is keeping up with automakers."
"The Interior Department’s inspector general has concluded that a senior Bureau of Land Management official violated agency ethics rules last year when she met with a previous employer on potential changes to the agency’s regulation of oil and gas development and climate change."
"The Inflation Reduction Act, the tax and climate bill President Biden signed into law last week, could reduce the costs from climate-related damages by up to $1.9 trillion, according to an analysis by the Office of Management and Budget (OMB)."
"On a tour of increasingly parched California on Thursday, U.S. Interior Secretary Deb Haaland visited a water recycling project in Irvine to tout her department’s allocation of more than $310 million to combat a Western “megadrought” fueled largely by climate change."
"Business Roundtable aims to weaken efforts that would enable investors to hold companies accountable for their climate promises".
"Tucked into the massive climate bill President Joe Biden signed into law this week is a one-sentence provision that could give a huge financial boost to a single energy company."
"Dodge will stop making gas-powered Chargers and Challengers next year, ending an era for a brand that helped define the muscle car, as it and other carmakers shift toward more climate-friendly offerings."
"Global decarbonisation scenarios envisioned by oil and gas majors are incompatible with the Paris climate deal temperature goals aimed at averting devastating heating, according to research published Tuesday."
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