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Keystone approval kicks off new fight over pipelin...

Friday’s approval of a permit for the Keystone XL pipeline is just the opening act of a renewed fight to get the project built. Environmentalists who waged a yearslong war against the controversial project during the Obama administration have lined up to fight it again now. President Trump’s decision to give Keystone developer TransCanada a presidential permit does not clear the path for the $8 billion project. With...

Exxon Relents, Wipes Oil Sands Reserves From Its B...

Persistently low oil prices have pushed Exxon to stop counting a big chunk of its reserves in the Alberta oil sands. Credit: Getty Images  Low prices force the oil giant to stop counting 3.5 billion barrels as an asset, a major turnaround in its accounting. ExxonMobil announced Wednesday that it had wiped off its books all 3.5 billion barrels of tar sands oil reserves at one of its projects in Canada. Because of recent low...

A Rare Republican Call to Climate Action (Carbon T...

The most important thing about a carbon tax plan proposed last week may be the people behind it: prominent Republicans like James Baker III, George Shultz and Henry Paulson Jr. Their endorsement of the idea, variations of which have been suggested before, may be a breakthrough for a party that has closed its eyes to the perils of man-made climate change and done everything in its power to thwart efforts to reduce greenhouse...

Analysis: BP Energy Outlook sees coal demand peaki...

Analysis by Carbon Brief shows that, for the first time, the BP Energy Outlook is forecasting a peak in global coal demand. It has trimmed 239 million tonnes of oil equivalent (Mtoe), or 6%, from its 2035 outlook for coal, which it now expects to be below demand in 2030. The oil major’s annual outlook is widely watched for hints at the firm’s view of the energy world. Its 2017 edition, published this week, is the sixth in a...