$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.

More Drilling Than Ever on Public Lands

While media hounds sniff the Russia trail, Secretary of Interior Ryan Zinke is authorizing more oil exploration on public lands than ever before.

Skyrocketing Subprime Auto Loan Defaults Put Cities’ Transport Systems at Risk

Subprime auto loan default rates are rising, which could affect investors worldwide, as they have been purchased these loans through securitized bonds. If the bottom falls out of the market, there could be a huge dent in ridesharing across U.S. cities, as many Uber and Lyft drivers rely on sub prime auto loans to rent cars for work.

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.

Speed Up Oceanic Carbon Sequestration, to Fight Climate Change

Scientists at the California Institute of Technology and University of Southern California believe they have found a way to bring oceanic carbon sequestration closer to reality, a discovery which may pave the way to reducing global warming emissions in the atmosphere.

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.

Facebook’s Sysphean Quest for a Fair Hate Speech Policy

How should social media companies like Facebook handle hate speech on their sites? According to the nonprofit journalism site ProPublica the criteria Facebook uses is amazingly complex. It’s also fallible, say critics, and unwittingly gives support to the kinds of comments it strives to police.

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.