Green New Deal – Oil & Gas 360

Joe Biden unveils $2 trillion green infrastructure and jobs plan

July 14, 2020

CNBC Former Vice President Joe Biden released a sprawling plan Tuesday to revamp American infrastructure and energy to both curb climate change and spur economic growth. The presumptive Democratic presidential nominee’s proposal aims to achieve carbon-free power generation by 2035. As the coronavirus pandemic leaves the U.S. mired in an economic crisis, Biden will set out to create “millions” of union jobs

Rs 50k-crore investment in coal infra

May 17, 2020

Financial Express According to finance minister Nirmala Sitharaman, not just fully explored coal blocks, but even partially explored ones will now be auctioned, and 50 assets will go under the hammer soon. Oil & Gas 360 Publishers Note: This theme within the India’s leadership to elevate the population out of poverty through the use of the most economical source of

Canada attaches stricter environmental rules to oilfield support funds

April 19, 2020

WorldOil OTTAWA (Bloomberg) –Canada’s plan to spend $1.2 billion to help clean up the country’s derelict oil wells comes with strings attached: tougher environmental rules for the energy-rich province of Alberta. “We’ve been urging the Trudeau government to bail out people and not polluters, and today’s announcement is a step in that direction,” Greenpeace Canada Senior Energy Strategist Keith Stewart said in

AOC’S pitch for the Green New Deal is unhinged from Reality

March 7, 2020

The Heartland Institute Oil & Gas 360 Publishers Note: This article by James Agresti is an excellent summary of the facts surrounding the Green New Deal. Interesting read and worth your time. AOC’s recent comments, along with the actual text of Green New Deal bill, are at odds with numerous facts about pollution, regulations, and the economics of energy. Democratic

How long will the slowdown in renewables last?

March 3, 2020

GreenBiz Oil & Gas 360 Editors Note: Trevor d’Olier-Lees writes an excellent article looking at the renewable market, and if a downturn is on the horizon. The key take away’s from the article are surrounding the removal of tax incentives and the “market-driven era has begun”. I have always said that a balanced approach to energy production between fossil fuels,

BP’s CEO chides AOC and Bernie Sanders for their ‘completely unrealistic’ Green New Deal ideas

January 22, 2020

CNBC Outgoing BP chief Bob Dudley on Wednesday criticized sweeping climate proposals from Sen. Bernie Sanders, a top-tier 2020 Democratic presidential candidate, and Rep. Alexandria Ocasio-Cortez, a champion of the far-left. “They have a completely unrealistic idea of the complexity of the global energy system,” Dudley told CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland. “It’s very complex.” Nearly a year ago, Ocasio-Cortez, with

Hatch, Barrasso and Enzi Introduce Senate Bill to Stop Frac Regulation Duplicity

Green New Deal Rejected in U.S. Senate Vote

March 27, 2019

From Reuters U.S. Senate Republicans on Tuesday defeated the “Green New Deal” resolution that called for tackling climate change by moving the United States off fossil fuels, while Democrats said the vote was a political stunt on an issue that will not die. The vote was 57 against the resolution in the 100-member chamber, with 43 Democrats voting “present,” avoiding

United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 - Oil & Gas 360Perry Final Portrait Cropped_0

Champions of Big Oil Extend Olive Branch to Green New Dealers

March 15, 2019

From Bloomberg As President Donald Trump’s energy czar and former governor of the biggest source of American oil, Rick Perry had a startling response to the author of the Green New Deal: Let’s talk. Perry, in an appearance at the biggest North American energy conference on Wednesday, said he’s interested in “getting together and having a conversation” with U.S. Representative

Green New Deal Could Cost $93 Trillion

February 26, 2019

From Bloomberg Representative Alexandria Ocasio-Cortez’s ambitious plan to fight climate change won’t be cheap, according to a Republican-aligned think tank led by a former Congressional Budget Office director. The so-called Green New Deal may tally between $51 trillion and $93 trillion over 10-years, concludes American Action Forum, which is run by Douglas Holtz-Eakin, who directed the non-partisan CBO from from 2003 to

Senate Dems Face Tough Upcoming Vote on Green New Deal

February 21, 2019

From The Hill Durbin after reading Green New Deal: ‘What in the heck is this?’ Democrats are facing a defining Senate vote as early as next week on the “Green New Deal” climate change plan — which Republicans hope will bolster their argument that the party is too far left for the country. It’s unclear how many Democrats will ultimately

Premium Content