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Utilities gave $320K to Ohio House members who vot...

Members of the Ohio House who voted in favor of a bill to bail out uncompetitive coal and nuclear power plants received over $320,000 in campaign money from four utilities that will benefit financially from the bill’s passage. American Electric Power (AEP), Dayton Power & Light (and it’s parent company AES Corporation), Duke Energy, and FirstEnergy Corp.’s PACs have targeted Ohio with nearly $1.65 million in campaign...

Former Shale Gas CEO Says Fracking Revolution Has ...

Steve Schlotterbeck, who led drilling company EQT as it expanded to become the nation’s largest producer of natural gas in 2017, arrived at a petrochemical industry conference in Pittsburgh Friday morning with a blunt message about shale gas drilling and fracking. “The shale gas revolution has frankly been an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions,”...

Automakers Tell Trump His Pollution Rules Could Me...

WASHINGTON — The world’s largest automakers warned President Trump on Thursday that one of his most sweeping deregulatory efforts — his plan to weaken tailpipe pollution standards — threatens to cut their profits and produce “untenable” instability in a crucial manufacturing sector. In a letter signed by 17 companies including Ford, General Motors, Toyota and Volvo, the automakers asked Mr. Trump to go back to the...

GE bet on fossil fuels, lost nearly $200B in misju...

General Electric’s profitability collapse over the past few years can be largely attributed to the company’s inability to judge the accelerating pace of the global energy transition away from fossil fuels and toward renewables, a new study claims. The analysis comes from the Institute for Energy Economics and Financial Analysis (IEEFA), which says that “GE made a massive bet on the future of natural gas and thermal coal, and...

Scientists Warn the UN of Capitalism’s Imminent De...

Capitalism as we know it is over. So suggests a new report commissioned by a group of scientists appointed by the UN Secretary-General. The main reason? We’re transitioning rapidly to a radically different global economy, due to our increasingly unsustainable exploitation of the planet’s environmental resources. Climate change and species extinctions are accelerating even as societies are experiencing rising...

How energy efficiency is paying off in Wisconsin

Every dollar spent by a utility-funded program results in more than $5 in benefits.   In Wisconsin, it pays to get rid of your old, energy-wasting refrigerator. Beard: “We pay you money for your old refrigerator, and more importantly for some people is we’ll come to your house and pick it up!” John Beard is with Focus on Energy. For more than 15 years, the utility-funded program has helped customers become more energy...

House Committee Passes Energy Bill Bailing Out Nuc...

Opponents are outraged over changes made to the so-called “clean air” bill approved by a House committee. The legislation subsidizes nuclear and coal plants, repeals required support for renewable energy and strips the ability for wind and solar to receive credits. House Democrats say it’s obvious Republican leaders are turning their backs on the renewables industry. Rep. Casey Weinstein (D-Hudson) says carving wind and...

Warren Buffett, Fear, and Greed in Fracked Oil Fie...

Warren Buffett, CEO of investment holding company Berkshire Hathaway, is considered one of the top investors in history and can back up that track record with a personal wealth of around $90 billion. Buffett is known for advising investors to be “fearful when others are greedy and greedy when others are fearful. In the U.S. fracked oil industry, this month can be read like a textbook version of Buffett’s fear and greed...

Clean investments in U.S. doing far better than fo...

Fossil fuel never had a better friend in the White House than Donald Trump. So why, two years into his presidency, are investors favoring public companies devoted to renewable energy and giving the Bronx cheer to the coal, gas and oil crowd? Trump campaigned against the scientific consensus on climate change and promised to repeal any regulation that impeded the exploration, drilling, mining and burning of traditional...

Indigenous Peoples Go to Court to Save the Amazon ...

On Feb. 27, hundreds of Indigenous Waorani elders, youth and leaders arrived in the city of Puyo, Ecuador. They left their homes deep in the Amazon rainforest to peacefully march through the streets, hold banners, sing songs and, most importantly, submit documents to the provincial Judicial Council to launch a lawsuit seeking to stop the government from auctioning off their ancestral lands in the Pastaza region to oil...

New TV ad targeting solar consumers creates contro...

CEDAR RAPIDS, Iowa (KCRG) — A TV spot is advocating for a new fee for people with Solar panels in Iowa. The Iowa Senate this week approved the bill at the center of the ad, Senate File 583. The bill would let utility companies charge solar energy users a fee. The ad says that is because those customers do not pay to support the electrical grid. A group called the ‘REAL Coalition’ is running the ad...

Fracking 2.0 Was a Financial Disaster, Will Fracki...

Two years ago, the U.S. fracking industry was trying to recover from the crash in the price of oil. Shale companies were promoting the idea that fracking was viable even at low oil prices (despite losing money when oil prices were high). At the time, no one was making money fracking with the business-as-usual approach, but then the Wall Street Journal published a story claiming all of this was about to change because the...

Report: Cabot pulls the plug on drilling explorato...

MANSFIELD – Cabot Oil and Gas is pulling the plug on drilling exploratory wells in Ashland and Richland counties, according to a recent company conference call and media reports. On Feb. 22, Cabot President and CEO Dan Dinges said during a fourth-quarter earnings call that the company incurred dry-hole costs resulting from unsuccessful drilling results in a second exploratory area. “As a result, we do not expect...

Researchers: Biofuels mandate may cause more harm ...

Jeff Wheeler – Star Tribune Hundreds of thousands of acres of grasslands and wild habitat in the Upper Midwest have been plowed up to plant corn and soybeans in the last decade because of demand created by the government’s ethanol mandate. Hundreds of thousands of acres of grasslands and wild habitat in the Upper Midwest have been plowed up to plant corn and soybeans in the past decade because of demand created by the...

Why glass recycling in the US is broken

Americans turn old bottles into new ones at much lower rates than people in other countries. A recent analysis explains why by Mitch Jacoby FEBRUARY 11, 2019 | APPEARED IN VOLUME 97, ISSUE 6 IN BRIEF Glass can be recycled endlessly by crushing, blending, and melting it together with sand and other starting materials. Doing so benefits manufacturers, the environment, and consumers. Yet each year only onethird of the roughly...