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In a series of executive orders at the beginning of his presidency, Biden ordered an increase in the production of renewable energy on federal lands and water, the creation of the Civilian Climate Corps, and making the fossil fuel companies responsible for repairing faults that lead to environmental damage.
LONDON -U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon ...
Many voters think of President Biden as a green energy champion who wants to put fossil fuels out of business. But if you look at the financial performance of oil and natural gas companies under ...
Critics accuse President Joe Biden of waging a war on the oil industry that is hurting consumers at the gas pump. And yet, on his watch, US oil production is poised to shatter all-time records set ...
The economic policy of the Joe Biden administration, colloquially known as Bidenomics (a portmanteau of Biden and economics), is characterized by relief measures and vaccination efforts to address the COVID-19 pandemic, investments in infrastructure, and strengthening the social safety net, funded by tax increases on higher-income individuals and corporations.
Executive Order 13990, officially titled Protecting Public Health and the Environment and Restoring Science to Tackle the Climate Crisis [1] is an executive order signed by President Joe Biden on January 20, 2021, which implements various environmental policies of his administration including revoking the permit for the Keystone XL Pipeline [2] and temporarily prohibiting drilling in the ...
Oil and natural gas executives should be careful what they wish for. Big Oil has chafed under President Biden, who has trash-talked fossil fuels and aggressively pushed to decarbonize the US economy.
Regulatory processes are established at the federal and state level due to the immense economic, socio-political and environmental impact of fossil fuel extraction and production. [2] Over 80% of the United States' energy comes from fossil fuels such as coal, natural gas, and oil. [3]