Daily on Energy: Is the U.S. oil lobby shifting on carbon pricing? Print this article
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API SHIFT: Is the American Petroleum Institute laying the groundwork to support putting a price on carbon?
It was lost in coverage of API’s State of the American Energy event yesterday, but the largest U.S. oil and gas lobby group tweaked its rhetoric around carbon pricing.
“Market-based policies can foster meaningful emissions reductions across the economy at the lowest societal cost,” reads an API
An expert on energy and climate change, Sonia Aggarwal, was named on Thursday by President-elect Joe Biden as the senior advisor for climate policy and innovation, the latest of several key Indian American nominees for his administration.She .
During his campaign, President-elect Joe Biden declared climate change the ânumber one issue facing humanityâ and vowed a national transition from fossil fuels to renewable energy that he said would create millions of jobs. Now the question is â will he follow through?
The last Democratic president, Barack Obama, had a mixed environmental record. He signed the Paris climate accords, and gave a modest boost to clean energy production. His administration gets credit for issuing higher standards for automobile fuel emissions, and to reduce electricity in appliances, from dishwashers to walk-in freezers. But the Obama EPA dragged its feet against imposing carbon dioxide standards for power plants and oil refineries, and wasted precious time pushing an ineffective cap-and-trade system, rather than a badly needed carbon tax.