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Democratic ‘climate change candidate’ outlines plan to wean U.S. off fossil fuels

2 hours ago DieselGasoil Comments Off on Democratic ‘climate change candidate’ outlines plan to wean U.S. off fossil fuels
WASHINGTON (Reuters) – The Democrat running as the “climate change candidate” in the 2020 presidential election laid out a strategy on Monday for weaning the United States off fossil fuels that includes banning drilling on public lands and ending crude oil exports just as the country is poised to become the world’s biggest producer. Democratic Read More

Four states updated their renewable portfolio standards in the first half of 2019

5 hours ago DieselGasoil Comments Off on Four states updated their renewable portfolio standards in the first half of 2019
June 24, 2019 Source: U.S. Energy Information Administration, based on states’ renewable portfolio standards As of the end of 2018, 29 states and the District of Columbia had renewable portfolio standards (RPS), or polices that require electricity suppliers to source a certain portion of their electricity from designated renewable resources or eligible technologies. Four states—New Read More

Democratic candidate outlines plan to end to U.S. fossil fuels

5 hours ago DieselGasoil Comments Off on Democratic candidate outlines plan to end to U.S. fossil fuels
WASHINGTON (Reuters) – The Democrat running as the “climate change candidate” in the 2020 presidential election laid out a strategy on Monday for weaning the United States off fossil fuels that includes banning drilling on public lands and ending crude oil exports just as the country is poised to become the world’s biggest producer. Democratic Read More

Daimler slumps as diesel (gasoil) costs wipe out profit growth

6 hours ago DieselGasoil Comments Off on Daimler slumps as diesel (gasoil) costs wipe out profit growth
FRANKFURT (Reuters) – Daimler shares fell as much as 5% on Monday after the German automaker cut its profit forecast for the third time in 12 months, saying it was setting aside hundreds of millions of euros to cover a regulatory crackdown on diesel (gasoil) emissions. The Daimler logo is seen before the Daimler annual Read More

Daimler warns on 2019 profit outlook as diesel (gasoil) issues bite

22 hours ago DieselGasoil Comments Off on Daimler warns on 2019 profit outlook as diesel (gasoil) issues bite
FRANKFURT (Reuters) – Daimler cut its 2019 earnings outlook on Sunday after lifting provisions for issues related to its diesel (gasoil) vehicles by hundreds of millions of euros. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke Group earnings before interest and tax this year Read More

Daimler cuts 2019 profit outlook on diesel (gasoil) issues

22 hours ago DieselGasoil Comments Off on Daimler cuts 2019 profit outlook on diesel (gasoil) issues
FRANKFURT (Reuters) – Daimler cut its 2019 earnings outlook on Sunday after lifting provisions for issues related to its diesel (gasoil) vehicles to hundreds of millions of euros. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke Group earnings before interest and tax this year Read More

Daimler to recall 60,000 Mercedes diesels in Germany over emissions

2 days ago DieselGasoil Comments Off on Daimler to recall 60,000 Mercedes diesels in Germany over emissions
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Daimler must recall 60,000 Mercedes diesel (gasoil) cars in Germany after regulators found that they were fitted with software aimed at distorting emissions tests, the Transportation Ministry said on Saturday. The model affected Read More

Trump administration issues guidance for federal agencies to weigh climate impacts

3 days ago DieselGasoil Comments Off on Trump administration issues guidance for federal agencies to weigh climate impacts
(Reuters) – The Trump administration on Friday released guidance for how federal agencies should weigh climate change impacts before approving major energy and infrastructure projects, easing criteria that the Obama White House had required to allow for faster permitting. FILE PHOTO: Birds and a plane are seen flying above emission from the chimneys of a Read More

Large Exxon shareholder starts divesting over climate change

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By Kelly Gilblom and William Mathis on 6/21/2019 LONDON (Bloomberg) — One of Exxon Mobil‘s largest shareholders, Legal & General Group, has divested 19 of its funds from the company and will ask its clients if it can withdraw more money, saying the oil and gas producer isn’t adequately addressing climate change. Exxon is the Read More

Investor LGIM dumps ExxonMobil from its Future World funds

4 days ago DieselGasoil Comments Off on Investor LGIM dumps ExxonMobil from its Future World funds
LONDON (Reuters) – Britain’s biggest asset manager has removed ExxonMobil and four more companies from its 5 billion pounds ($6.3 billion) Future World Funds, and said it would vote against their chairs for failing to confront the threats posed by climate change. FILE PHOTO: Workers are seen at the booth of ExxonMobil in preparation ahead Read More