fossil fuels
February 10, 2023 -
A growing number of states have adopted policies promoted by the corporate-funded American Legislative Exchange Council punishing financial companies that halt investments in oil, gas, and coal. But they also punish taxpayers by reducing competition among municipal bond underwriters, thus raising interest rates.
June 23, 2022 -
An explosion at a liquefied natural gas terminal in Freeport, Texas, in early June sparked a fire that emitted toxic air pollution. The national conversation about the incident quickly pivoted to global energy economics, but residents of fence-line communities worry about what the rapidly expanding industry means for their safety.
December 1, 2021 -
Born of the New Deal's anti-poverty initiatives, rural electric cooperatives today serve 42 million Americans, most in the South, Midwest, and Great Plains. They still depend heavily on coal, but the $1.8 trillion spending bill passed by the House has a provision giving billions of dollars to speed their transition to renewables. Will it survive corporate Democrats' obstructionism in the Senate?
September 10, 2021 -
Hurricane Ida's devastation of Louisiana's electric grid and the deadly power outages that resulted show the risk that highly centralized generation systems present in an era of increasingly destructive climate change-driven weather events. Yet Entergy — a Fortune 500 company that's the main power provider for the hard-hit southeastern part of the state, including New Orleans — has fought plans to move toward cleaner community-based generation. Will Ida mark a turning point?
August 18, 2021 -
Warning that human activity continues to intensify global warming, the new report from the Intergovernmental Panel on Climate Change also says the most dangerous effects can still be avoided if we act now. But the South's two worst climate-polluting electric utilities — Duke Energy and Southern Company — are dragging their feet with transition plans that don't do nearly enough to curb heat-trapping emissions.
January 29, 2021 -
Tied for the hottest year on record globally, 2020 also brought the most $1 billion disasters ever in the U.S., and they took a disproportionate toll on the South's most vulnerable communities. With most states in the region controlled by a party whose platform downplays climate change, environmental advocates are looking to the new president for help. Here's what the Biden administration has done so far.
July 14, 2020 -
Facing mounting costs and legal challenges, the Southern energy giants have canceled the $8 billion Atlantic Coast Pipeline planned to carry fracked gas from West Virginia to Virginia and North Carolina. The move came after intense opposition to the project from environmentalists, racial justice advocates, and local communities, and it will allow the companies to focus on meeting state renewable mandates.