OXY CEO Rejects USA Carbon Tax

By Kevin Crowley (Bloomberg) — Occidental Petroleum Corp. split with some of its larger rivals in rejecting a U.S. carbon tax, preferring the existing system of tax credits designed to encourage oil companies to store carbon dioxide and reduce emissions. “A carbon tax would be bad for a lot of the industry, a carbon tax 

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Until Something Better Comes Along, We’ll Need Base-Load Power for Grid Reliability

By Bernard L. Weinstein February’s deep freeze in Texas, which led to rolling outages and severe economic disruptions as available power dropped by half, has spawned much discussion about the reliability of the nation’s electricity grids. The Texas state legislature and Congressional committees are holding hearings on “what went wrong” while the plaintiff’s bar is 

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Climate Experts Say Biden’s Infrastructure Plan Filled With ‘Wasteful Spending’ On Green Agenda

By Varun Hukeri Experts from various economic and energy groups denounced President Joe Biden’s sweeping infrastructure package, specifically taking aim at its massive price tag and emphasis on green energy proposals favored by progressives and climate activists. Biden introduced his infrastructure package, dubbed the American Jobs Plan, during an address Wednesday in Pennsylvania. A White 

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“Explosive” German Government Audit Report: ‘Energiewende’ Has Become “A Danger For All Of Germany”

By P. Gosselin A new German government audit report warns that the Energiewende is exploding costwise, and that there is a real danger of electricity shortfalls…”a danger for all of Germany” Daniel Wetzel at German national daily Die Welt reports on the latest German Federal Court of Auditors’ warning: “If things continue like this, Germany 

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Capito, Manchin Introduce Carbon Capture Legislation

Legislation would offer tax credit changes to cut amount of carbon sent into atmosphere WASHINGTON, D.C. —Today, U.S. Senators Shelley Moore Capito (R-W.Va.), Ranking Member of the Senate Environment and Public Works (EPW) Committee, and Joe Manchin (D-W.Va.), Chairman of the Senate Energy and Natural Resources Committee, introduced legislation to reduce greenhouse gas emissions. Their 

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