oil and gas drilling
States that limit business with banks that boycott fossil fuels could pay high cost, study says
Republican state policymakers’ efforts to boost fossil fuels by prohibiting their governments from doing business with companies that take sustainability into consideration has the potential to cost states millions, according to a study released last Thursday. Researchers looked specifically at the possible effects on Florida, Kentucky, Louisiana, Missouri, Oklahoma and West Virginia if they passed […]
Ohio ‘green’ natural gas bill motivated by ESG investing concerns, lawmaker says
The author of an Ohio amendment that would classify natural gas as “green energy” said he hopes the legislation can help companies meet ESG investing standards. ESG refers to environmental, social and governance practices. ESG investing generally limits financing choices to companies or funds that meet certain criteria for those categories. The practice has been […]
Why Ohio’s top oil and gas producing counties continue to lag in jobs
A decade after the start of Ohio’s shale gas boom, counties with the most oil and gas production continue to have higher-than-average unemployment rates. A review of state data shows that unemployment rates in Belmont, Carroll, Guernsey, Harrison, Jefferson, Monroe, and Noble Counties have exceeded the statewide average every year since 2010, casting doubt on […]
PR work for ‘Big Oil’ helped stymie climate action, U.S. House Democrats say
WASHINGTON – Public relations firms aligned with oil and gas companies have tested the limits of their industry ethics and caused major slowdowns to federal climate change policy, Democrats on a U.S. House panel said at a Wednesday hearing. The firms’ conduct went beyond the bounds of ethical public relations work, Democrats on the House […]
How the House reconciliation bill targets 4 local plans for oil and gas leasing, mining
Proposals targeting specific areas for conservation in Arizona, Colorado, New Mexico and federal waters off Louisiana’s coast made their way into the gigantic budget reconciliation bill that Democrats are moving through Congress. The portion of the $3.5 trillion package approved on a party-line vote by the House Natural Resources Committee last week includes nationwide measures meant […]
Federal judge halts Biden pause on new oil and gas leases across the U.S.
A federal judge in Louisiana has ordered the Biden administration to restart regular sales of oil and gas leases, forcing the administration to prematurely abandon a central piece of its climate change agenda. In a preliminary ruling issued Tuesday, U.S. District Judge Terry Doughty granted the request of Louisiana Attorney General Jeff Landry and 12 other Republican-led […]