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By Kevin Crowley Exxon Mobil Corp. said net zero goals for the global energy sector are likely to drift further beyond 2050 due to consumers pushing back against high costs and a revival in demand for coal, the most polluting fossil fuel. Global emissions will fall by a quarter by 2050, far short of the …
Exxon Says Global Emissions Goals Have Slipped as Coal Use Rises Read More »
By Dorothy Neufeld Key Takeaways In 2025, global renewable energy investment is projected to hit $780 billion, outpacing oil investment by $237 billion. Over the past decade, investment in renewables has surged 109%. Global energy investment has shifted dramatically in the last decade. As the world transitions to cleaner sources, capital is flowing into technologies …
Charted: The Shift in Global Energy Investment (2015-2025) Read More »
(Reuters) – When U.S. President Donald Trump meets Russian President Vladimir Putin on Friday, one of his bargaining chips to encourage Putin to make progress toward a ceasefire in Ukraine will be to ease U.S. sanctions on Russia’s energy industry and exports. Trump has also threatened tougher sanctions if there is no progress. Here is …
Russian Energy Export Disruptions Since Start of Ukraine War Read More »
By Gavin Maguire LITTLETON, Colorado, July 24 (Reuters) – Global utilities generated a record amount of clean electricity while cutting output from fossil fuels during the opening half of 2025, thereby maintaining the momentum of international efforts to cut back on fossil fuel use in energy production. However, energy transition progress was more varied at …
COMMENTARY: A Mid-Year Check-Up on Global Energy Transition Progress – Maguire Read More »
PITTSBURGH, July 14 (Reuters) – U.S. President Donald Trump will announce $70 billion in artificial-intelligence and energy investments on Tuesday, according to a White House official and a person familiar with the initiatives. Trump will reveal details of these new initiatives at an event near Pittsburgh, where he will be joined by Republican Senator David …
Trump to Unveil $70 Billion in AI and Energy Investments Read More »
July 8 (Reuters) – The Trump administration said it permitted a proposed coal mine in Claiborne County, Tennessee on Tuesday under an expedited process aimed at accelerating federal environmental reviews of energy projects. In a statement, the Department of the Interior said it granted approval for Hurricane Creek Mining LLC to mine coal on Bryson …
US Issues Expedited Permit for Proposed Tennessee Coal Mine Read More »
Chris Wright isn’t just rolling back Biden-era policies, he’s intent on resetting expectations. By Jennifer A Dlouhy Call it “the great energy reset.” Trump administration officials increasingly consider the ongoing surge in electricity demand — and the clamor for economic development tied to it — as an opportunity to shift the paradigm around developing the …
US Energy Secretary Is Trying to Change Blue-State Minds About Fossil Fuels Read More »
By Josh Sisco, Silla Brush, and Madlin Mekelburg Coal on barges in Pittsburgh. Photographer: Justin Merriman/Bloomberg The world’s largest asset managers urged a federal judge in Texas to dismiss a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that threatens how US firms oversee trillions of …
BlackRock, Vanguard Fight High-Stakes Texas Collusion Case Read More »
(Reuters) – Prime Minister Mark Carney, seeking to reduce Canada’s economic ties to the United States, on Monday met the heads of the 10 provinces as part of a push to slash the time needed to approve mining and energy projects. It can take a decade or more for a mine or a pipeline to …
Carney and Canadian Premiers Bid to Speed Up Major Projects, Cut US Reliance Read More »
By Simon Jessop LONDON, May 23 (Reuters) – U.S. government support for a “baseless” case alleging asset managers conspired to reduce competition in the coal sector risks undermining its goal of energy independence, BlackRock (BLK.N), the world’s biggest asset manager, said on Friday. The U.S. Department of Justice and Federal Trade Commission on Thursday filed …
BlackRock Says Coal Competition Case Risks US Energy Independence Read More »
