$2M in Fines for ExxonMobil for Violating Russia Sanctions

U.S. Department of the Treasury announced that it will fine ExxonMobil $2 million for violating U.S. sanctions imposed on Russia after the country’s military intervention in Ukraine. This is a black eye for Secretary of State Rex Tillerson, who led ExxonMobil at the time.

Even Smart People Are Still Arguing About Fossil-Free Electricity

At a pivotal moment for climate strategies, scientists and business leaders have started a public debate about how fast and how fully we can leave oil, coal, and gas behind. More people now recognize climate change as the pre-eminent issue of our time, a core focus of resistance, and a source of massive economic opportunities.

Explainer: India, Global Warming and the Paris Accord

The developing nation is on track to meet its commitment under the Paris Accord. But India also needs bold new climate and energy policy and a new set of social and technical knowledge to make it happen.

California Extends Bipartisan Carbon Cap and Trade

This week, with considerable bipartisan support, the Calif. Legislature passed AB-398, which extends the state’s cap-and-trade climate law to 2030. Supporters say the bill’s passage will strengthen market certainty for Calif.’s clean technology and oil sectors.

3 California Communities Sue 37 Big Oil Firms For Climate Change Damages

Marin and San Mateo Counties in Northern California and the City of Imperial Beach in San Diego County allege that the companies had foreknowledge that fossil fuel industries precipitated climate change and are responsible for covering the costs of adaptation and mitigation. 

Oil & Gas Sector’s Big Role in New Energy Future

For the oil and gas industry, lowering its operational footprint is just the starting point. The industry should leverage its global infrastructure and engineering prowess to play a more active and central role in the new energy economy.

Green Mountain Power Sees Opportunity In Renewables

Green Mountain Power can seem more like a disruptive high-tech start-up than Vermont’s largest electric utility. In recent years, it has emerged as a leading national innovator in renewable energy, demonstrating how electricity can be generated, stored, and distributed in ways that are cheaper, cleaner, and more resilient to interruptions.

Israel’s Green Power Goes to West Africa

Israel and the Economic Community of West Africa States (ECOWAS) are joining forces to bring solar to 15 African nations. It’s not the first time Israel has brought technology to African states, but the opportunity is a continued boon for both impoverished communities and Israel’s green energy sector.

Chinese Battery Manufacturers Take on Tesla

Elon Musk has boasted about Tesla’s battery storage capacity, but the evidence suggests China’s energy storage sector could dwarf Tesla and its gigafactories by 2021.