Tag: fossil fuel

Montana Supreme Court Hears Appeal of Landmark Anti Fossil Fuel Case Won by Youth Climate Activists

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Montana Supreme Court

The Montana Supreme Court heard oral arguments this week in the state’s appeal of a case that is so far one of the only successful climate cases of dozens that activists, states, and local governments have filed against government agencies and oil companies.

The case, Held v. Montana, involves 16 young plaintiffs who were organized by the anti-fossil fuel nonprofit Our Children’s Trust to sue the state of Montana for allegedly violating the kids’ constitutional rights to a clean and healthy environment by permitting oil, gas and coal projects in the state without regard to their impacts on global warming.

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Common Themes on Energy Policy Emerge Among Republican Presidential Candidates

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by Kevin Killough   In the past few years, America has seen high inflation rates and a faltering economy that some observers say will go into a recession. The latest conflict in the Middle East could likely pose a significant disruption in global energy supplies. Where the GOP contenders stand on energy policies…

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Montana Judge Rules in Favor of Climate Activists in First-of-its-Kind Trial

Michigan Star Staff

On Monday, a far-left climate activist group scored a legal victory when a judge in Montana ruled in their favor, declaring that state agencies are legally obligated to protect citizens from so-called “global warming.”

As ABC News reports, District Court Judge Kathy Seeley determined that the state of Montana’s current policy of evaluating requests for fossil fuel permits is unconstitutional, as it does not include a provision forcing agencies to consider greenhouse gas emissions. If it stands, it could set a similar precedent for the entire country.

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Republican AGs Push Back Against ‘Reckless’ Plan from Biden’s EPA That Could Further Hobble American Coal

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by Nick Pope   Several state attorneys general are engaging in legal battles against President Joe Biden’s Environmental Protection Agency (EPA) to determine whether or not his administration will be able to impose its costly plan for implementing a regulation designed to further incapacitate the American coal industry. Multiple states…

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Electricity Prices Jumped More than Double that of Inflation Last Year, Consumer Index Shows

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Prices for electricity in the United States soared well above overall inflationary levels last year, putting an added squeeze on consumers already reeling from significantly inflated costs of most consumer goods. The Consumer Price Index Summary released by the U.S. Bureau of Labor Statistics this month showed the 12-month average price of electricity last month jumping a whopping 14.3 percent, more than double the 6.5 percent of overall price increases.

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U.S. Officials Set to Announce Fusion Energy Breakthrough: Report

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U.S. government scientists have recently managed to make significant progress toward successfully utilizing fusion energy, according to The Financial Times.

Scientists at the federal Lawrence Livermore National Laboratory in California managed to create net energy gain via a fusion reaction in the past two weeks, the FT reported Sunday, citing three people with knowledge of the experiment. Researchers have been attempting to produce more energy than they burn during fusion reactions, which power the sun, for 70 years; however, no reaction has produced more energy than it burns until now.

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Republican Treasurers Pull $1 Billion from BlackRock over Alleged Anti-Fossil Fuel Policies

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exterior of BlackRock

Republican state treasurers are withdrawing $1 billion in assets from BlackRock’s control due to the asset manager’s alleged boycott of the fossil fuel industry, according to the Financial Times.

Republican South Carolina State Treasurer Curtis Loftus is pulling $200 million from BlackRock by the end of 2022, and Louisiana treasurer John Schroder said on Oct. 5 that he is divesting $794 million from the company, according to the FT. Utah treasurer Marlo Oaks said he removed $100 million in funds from BlackRock’s control, and Arkansas treasurer Dennis Milligan pulled $125 million from the company in March.

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Small Businesses Struggle to Survive in Biden’s Economy: Poll

Michigan Star Staff

Small business owners are increasingly pessimistic about U.S. economic conditions and overwhelmingly support an expansion of domestic fossil fuel infrastructure, the latest polling data showed.

Just 27% of small business owners agreed the economy was in “good” or “excellent” condition, according to a Job Creators Network Foundation poll released Friday and shared with The Daily Caller News Foundation. The figure represented the lowest rating of the current economic situation among small business owners since the group began the poll a year ago.

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With Gas Prices at Historic Highs, Biden Calls for Raising Taxes on Oil Drillers

Michigan Star Staff

President Joe Biden’s budget proposes to scrap more than $45 billion in fossil fuel subsidies, his administration’s latest attack on the beleaguered industry.

The White House budget will remove more than a dozen fossil fuel industry tax credits, increasing the federal government’s revenue by an estimated $45.2 billion between 2023-2032, according to the proposal published Monday. The administration explained that the proposal was written to prevent further fossil fuel investment.

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Environmentalists Are Making Putin Stronger Than Ever

Michigan Star Staff

U.S. environmental policies pushed by the Biden administration and aimed at dramatically curbing domestic fossil fuel production have given Russian President Vladimir Putin more power on the world stage.

Since taking office, President Joe Biden has blocked domestic pipelines, ditched drilling projects, proposed sweeping regulations on the fossil fuel industry and attempted to ban oil and gas leases on federal lands while pledging to decarbonize the grid by 2035. But Biden has also turned to the Middle Eastern oil cartel the Organization of the Petroleum Exporting Countries (OPEC) and Russia, asking the countries to increase their production of oil and natural gas respectively.

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