GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
According to Reuters, U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage domestic energy development but say his decision to withdraw the United States from international climate cooperation will not help their investment plans in the global transition to cleaner energy.
[Read more…] about Trump’s climate withdrawal creates rare discord with Big OilU.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.
[Read more…] about Trump suspends new federal offshore wind leasingItaly’s Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by Reuters on Tuesday, even as it expands its overall business in the country.
[Read more…] about Prysmian ditches plan to build US offshore wind cables factoryUS President Joe Biden on Monday, January 6, banned offshore drilling across an immense area of coastal waters, two weeks before Donald Trump takes office pledging to massively increase fossil fuel production.
[Read more…] about Biden issues mass offshore drilling banPresident-elect Donald Trump said last week that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy.
[Read more…] about Trump picks oil industry CEO Chris Wright as Energy SecretaryGerman energy firm RWE has said that Donald Trump’s election victory has increased the risks of investing in offshore wind projects.
[Read more…] about Trump victory raises risk of investing in offshore wind projectsA Trump presidency could lead to a shift in energy policy, prioritizing fossil fuels over renewable energy sources.
[Read more…] about Trump’s presidency could prioritize fossil fuels over renewable energy sources
