Kudlow: No one promised to name businesses that received PPP loans
White House economic adviser Larry Kudlow told CNN's "State of the Union" Sunday that the Trump administration never promised to release the names of businesses that received forgivable Paycheck Protection Program loans as a part of the CARES Act.
Read morePoll: Americans want coronavirus relief spending to address climate change
The results suggest that Americans want Congress to address climate change in coronavirus economic relief packages. Yet, so far, Congress has not focused on green stimulus. Instead, the laws that have passed aim to prop up the fossil fuel industry— even though this approach is not popular with the public.
Read moreUS Forest Service to prioritize oil, mining with expedited environmental oversight
Oil, logging, mining, and grazing will be the priorities of national forests and grasslands, with expedited environmental oversight, Agriculture Secretary Sonny Perdue told the U.S. Forest Service Friday.
Read moreGas lobbyist-turned-Trump energy lawyer uses crises as 'opportunity'
Among a string of recent environmental rollbacks, President Donald Trump’s U.S.Department of Energy (DOE) aims to vastly narrow the scope of environmental reviews for those applying for liquefied natural gas (LNG) export permits. The proposal has been guided by Bill Cooper, a former oil and gas industry lobbyist who's now a top lawyer for the DOE.
Read moreUS has already lost more than 100,000 oil & gas jobs
The US oil and gas labor market is amongst the world’s most severely hit by the downturn that the Covid-19 pandemic has brought, a Rystad Energy analysis of the latest data from the US Bureau of Labor Statistics (US BLS) reveals. More than 100,000 oil and gas jobs have already been lost in total, with most of them coming from the support activities market.
Read moreThe Covid-19 economic slump is closing down coal plants
This year, coal usage has dropped in the US, and renewables now generate more electricity. To some experts, the financial crisis is a clean energy opportunity.
Read moreSenate committee to hear testimony on impacts of Covid-19 on the energy industry
Witnesses include American Petroleum Institute, US Energy Information Administration
Read moreOpinion: Nationalize the fossil fuel industry to curb its influence
Federal spending to prop up an economically troubled, environmentally unsustainable industry represents a decent return on investment for dogged lobbying. Fossil fuel money isubiquitous in Washington. While most of the industry’s lobbying dollars flow to Republicans, Democrats also receive money and hold their own loyalties to fossil fuels. Environmentalists’ and anti-lobbying activists’ attempts to curb that influence mostly haven’t worked—green groups would be hard-pressed to outspend oil companies.
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