Alaska continues to push towards a clean energy market, even as the state continues to embrace new fossil fuel production, including the controversial Willow oil project on the petroleum-rich North Slope.
Tag: Oil
White House to Sell More Oil Reserves After OPEC+ Cut
On Oct. 5, OPEC+, an international group comprising the world’s biggest oil producers, agreed to a significant cut in oil production in order to raise prices. Though the Biden administration launched an aggressive last-ditch campaign in order to dissuade the mostly Middle Eastern giants from carrying out that decision, those efforts ultimately failed. Now, according to Bloomberg, the White House is planning to announce additional sales of oil reserves in order to counter impending market pressure.
Climate Activists Will Rally at White House
Climate activists are coming together again to act on climate change at the White House and numerous large cities including Atlanta and Phoenix. Vincent Vertuccio organized many students across the United States for the “Fight for Our Future” rally. Their goal is to press on the government to cut pollution because it is affecting the planet in heating up temperatures more than ever.
U.S. Sanctions on Russian Oil Raises Gas and Energy Prices
With Russian forces penetrating through the lands of Ukraine, many countries around the world are finding ways to have sanctions against Russia for their inhumane acts. One of their ideas was putting sanctions on Russian oil. The problem is that Russian oil is fairly cheap in comparison to other oil prices, and that means the prices for gas and energy go up.
Climate Change Remains Invisible in the State of the Union
Climate change is like a child who was forgotten in the car when the parents go out to eat for an evening meal. The crisis in Ukraine is strongly presented in the discussion of politics. War contributes a lot to climate change and yet the war on healing global warming barely scratched the surface of the recent State of the Union. President Biden stated that he would drive the United States to climate change purposes, but it was not mentioned in the State of the Union.
Environmental Activism Causes Large Oil Companies to Reduce Their CO2 Emissions
Recently, environmental activism has posed a heightened threat to large oil companies, as many of these big corporations are starting to be held accountable for their contributions to climate change. Shell is being forced to reduce its carbon emissions by a Dutch court ruling, which deemed Shell responsible for contributing to climate change.
