Read This:  Spreading the Zero Carbon Energy Wealth and Power

Read This: Spreading the Zero Carbon Energy Wealth and Power

The American Jobs Plan requires that every state generate all of its electricity by 2035 from fuels that produce no carbon emissions.  Ron Brownstein writes in his “Fault Lines” column for CNN that this will:
trigger a massive spending boom in wind and solar power — at least doubling the pace of investment now underway.
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Fossil Fuel Companies Pocketed $8.2 Billion in COVID Relief, Fired 60,000 Workers

Fossil Fuel Companies Pocketed $8.2 Billion in COVID Relief, Fired 60,000 Workers

A recent analysis (funded by Rockefeller Philanthropy) exposed that fossil fuel companies cut almost 60,000 jobs despite receiving billions of dollars in federal COVID-19 relief.

Why This Matters: These findings reveal two important points. First, that lucrative tax loopholes for the fossil fuel sector continue to be heavily exploited. Second, the narrative that oil companies are a “necessary engine of employment and succeed on an equal playing field in the free market” is hypocritical at best. As fossil fuel operations close, many states and former coal and oil communities are setting their sights on clean energy projects to provide new jobs and stability.

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Trump Administration Restart of Huge St. Croix Oil Refinery Raises EJ Concerns

Trump Administration Restart of Huge St. Croix Oil Refinery Raises EJ Concerns

The idyllic island of St. Croix, part of the U.S. Virgin Islands, is a Caribbean paradise — and also the site of one of America’s largest oil refineries. The Limetree Bay oil refinery caused one of the biggest oil spills in U.S. history and violated the Clean Air Act, and until early this year had been idled since 2012. 

Why this Matters: The refinery provides jobs on the island that had been hurt by two hurricanes in 2017.  But it also raises numerous troubling issues, not the least of which is that the majority of people living near the refinery are Black and nearly a third identify as Hispanic or Latino, and many are poor.

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“Frack Pack” Bills Reintroduced by Congress — Time to Close Loopholes?

“Frack Pack” Bills Reintroduced by Congress — Time to Close Loopholes?

Today, four House Democrats — Matt Cartwright (PA) Yvette Clarke (NY), Diana DeGette (CO), and Jan Schakowsky (IL) — reintroduced a package of five bills that would hold oil and gas companies accountable to meet national water and air protection standards, plugging loopholes and undoing many of the anti-environment policies of the Trump administration. 

Why This Matters: President Donald Trump rolled back 28 air quality and emissions regulations and 8 water pollution regulations — these bills would reverse those rollbacks and close loopholes in current law.

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International Energy Agency Predicts Oil Demand Has Officially Peaked

International Energy Agency Predicts Oil Demand Has Officially Peaked

new report from the International Energy Agency (IEA) predicts that gasoline demand will never return to pre-pandemic levels. The IEA tracks EV industry growth as an indicator of future oil demand, and their five-year forecast says that an accelerating shift toward EVs and increasing fuel efficiency among gas-powered vehicles will outweigh demand growth from developing nations. 

Why This Matters: While there won’t necessarily be a lack of supply, the report states, the lack of demand may lead to a winding down of oil operations entirely.

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Cleaning Up Oil & Gas Wells Could Net $21 Billion in Benefits

Cleaning Up Oil & Gas Wells Could Net $21 Billion in Benefits

by Amy Lupica, ODP Staff Writer A new study published on Monday found that cleaning up the nation’s more than 2 million acres of oil and gas wells could result in billions of dollars of economic growth. Experts estimate that there are as many as 3.2 million gas and oil well sites no longer in use, and when companies leave or […]

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