Climate & Energy

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ExxonMobil rakes in record cash, spends only 1 percent on alternative energy

ExxonMobil broke its own record for the highest quarterly earnings in U.S. history, reporting $11.7 billion in profits for the second quarter. And as ABC reports, the company spent only 1 percent of its profits last year on alternative energy …

Business & Technology

Oil companies’ continued record profits tick off Democrats, consumers

Major oil companies reported ginormous second-quarter profits this week, irking consumers and fueling harsh rhetoric from congressional Democrats. ExxonMobil reported a record-breaking profit of $11.68 billion — the highest of any U.S. company ever — besting its own previous record …

Climate & Energy

EPA OKs giant coal plant on Navajo land in New Mexico

After more than four years of deliberation, the U.S. EPA has bestowed an air permit to a proposed 600-acre coal plant on Navajo land in New Mexico. Announcing the step forward for the 1,500-megawatt Desert Rock Power Plant, the EPA …

Climate & Energy

By century’s end we can expect extremely high surface temperatures

Sure glacier melt, sea level rise, extreme drought, and species loss get all the media attention -- they are the Britney Spears, Paris Hilton, and Barack Obama of climate impacts. But what about good old-fashioned sweltering heat? How bad will …

Video

Ads from Sierra Club and MoveOn hit McCain over energy policy

“Big Oil companies have our economy and politics in a choke hold,” says a new TV ad released today by the Sierra Club Political Committee. “They are getting billions from the government, raking in record profits, while we pay more …

Video

New Obama ad responds to McCain’s Britney ad

Barack Obama is hammering back after John McCain ran an ad comparing him to Britney Spears. In a new ad of his own, Obama accuses the Republican candidate of taking “the low road.” “John McCain: Same old politics, same failed …

Climate & Energy

Bush praises coal, other fossil fuels in speech to West Virginia Coal Association

In a speech to coal industry executives in West Virginia Thursday, President Bush praised nuclear power and fossil fuels of all kinds, but lavished special praise on coal. “There’s no more reliable source of electricity than coal,” he said. Bush …

Climate & Energy

Backscratching

If you are interested in distributed solar generation, you really should get the Interstate Renewable Energy Council's newsletter. I say this because they do critical work on net-metering and interconnection standards. They were also kind enough to publish a profile …

Climate & Energy

States, green groups to sue EPA for not regulating plane or ship emissions

Two separate coalitions of states, environmental groups, and state and local pollution regulators announced Thursday their respective intents to sue the U.S. EPA over its failure to regulate greenhouse-gas emissions from ships and planes; the group of states and pollution …