By Bloomberg News (Bloomberg)
Day two of President Joe Biden’s international climate summit concluded on Friday. Biden pledged during the first day of the virtual event to slash U.S. greenhouse gas emissions in half by the end of the decade, part of a plan to bring the U.S. back into the global fight against climate change.
Day two focused on innovation and the economic opportunity in fighting climate change. This is designed to refute skepticism from some blue-collar workers and labor leaders. While renewable energy jobs are growing at a fast clip, labor groups say they pay less than fossil-fuel positions and that companies have opposed unionization.
Coal State Republican Official Slams Biden Plan: Climate Update
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U.S. keeps Dakota Access Pipeline open during environmental review By Ellen Gilmer and Ari Natter on 4/10/2021
Dakota Access Pipeline during the construction phase
WASHINGTON (Bloomberg) The Dakota Access pipeline thatâs been at the center of a years-long battle between oil companies and the Standing Rock Sioux tribe wonât be forced to shut down while federal regulators conduct a new environmental analysis.
The Biden administrationâs decision to allow the line to keep operating is a victory for pipeline owner Energy Transfer LP and drillers such as Continental Resources Inc. that use it transport crude from North Dakotaâs Bakken oil field. The move will likely come as a relief to an oil industry beset by President Joe Bidenâs aggressive climate campaign, which has included canceling the permit for the $9 billion Keystone XL oil pipeline and pausing leasing on federal lands.
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Daily on Energy, Presented by AHRI: Utility trade group warns Biden 2035 carbon-free pledge would jeopardize reliability and affordability Print this article
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EDISON ELECTRIC INSTITUTE WEIGHS IN: The utility trade group Edison Electric Institute is skeptical about one of
President Biden’s defining pledges: making the power grid 100% carbon-free by 2035.
“The 2035 date would be an incredibly difficult situation to handle for most companies of the industry,”
Tom Kuhn, the president of the institute, said yesterday during the group’s annual state of the utility industry briefing to Wall Street.
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