Business Nov 6, 2022
Biden feud with Big Oil ratchets up just as world needs more U.S. oil
The tensions come at a fraught moment for both the country and the rest of the world.
The tensions come at a fraught moment for both the country and the rest of the world.
More than a month after tweeting he had vanquished "Putin’s price hike at the pump,” the U.S. president faces forces on gasoline prices that even Washington can’t match.
The president is facing challenges when it comes to supporting domestic manufacturers without alienating the companies that rely on low-cost imports.
The moves are aimed at boosting oft-competing political priorities: combating climate change and nurturing domestic solar manufacturing that has struggled to compete with cheap imports.
Political allies are now acknowledging what scientists have confirmed: There’s virtually no viable path to slashing U.S. emissions in line with Biden’s 2030 target
Environmental groups say the incentive may delay the retirement of dozens of facilities.
President Joe Biden has set the goal of slashing U.S. emissions by 50% by 2030 and achieving a carbon-free economy by 2050.
The mandates are a centerpiece of Biden’s climate plans and mark his administration’s first major effort to use regulation to stem greenhouse gases.
The move is one of the Biden administration’s biggest steps yet to counter alleged human rights abuses against China’s ethnic Uyghur Muslim minority.
Progressive environmentalists are mounting a long-shot bid to get President-elect Joe Biden to go beyond naming a climate czar and declare an environmental national emergency, borrowing a tactic employed by President Donald Trump to fund part of his border wall. Invoking a climate emergency could ...