Following news that the EPA dropped plans to keep boosting fuel-economy standards, it quietly dropped another bombshell: It's now fine to guzzle gas. Burn as much as you want. According to an AP report carried by the Detroit News, the Energy Department quietly released the news online in a memo in July in support of freezing fuel economy... Gas guzzling now A-OK, Trump administration says
Following news that the EPA dropped plans to keep boosting fuel-economy standards, it quietly dropped another bombshell: It's now fine to guzzle gas. Burn as much as you want. According to an AP report carried by the Detroit News, the Energy Department quietly released the news online in a memo in July in support of freezing fuel economy...
Following a public spat over climate change legislation, oil giant ExxonMobil has pulled its membership from the Koch brothers-backed anti-climate-change lobbying group, American Legislative Exchange Council. Neither ExxonMobil nor ALEC has commented publicly on the reasons for the company's departure, but the move comes after ExxonMobil had an...
We review the fuel economy of the 2018 Mitsubishi Outlander PHEV. Lexus mulls hybrid systems for its F-series performance cars. Big oil refineries voice skepticism over electric cars. And the results are in from our latest Twitter poll. All of this and more on Green Car Reports. Green Car Reports spent time with the Outlander PHEV and found it...
As nations, automakers, and utilities contemplate how to tackle climate change in real terms, a perfect storm of competition is brewing that will—ideally—produce positive change for the rest of us. Automakers and electric utilities have been incentivized to build electric vehicles and install vast numbers of public charging stations to...
Electric vehicles have the potential to upend energy markets as their adoption becomes more widespread. But how much of an effect will they have? And on which specific markets? According to a recent report by Wood Mackenzie, the global power grids are likely safe for quite a while, but another market may be turned on its head. DON'T MISS: Decline...
It's not just the world automotive industry that's grappling with rapid changes brought about by the need to reduce the effects of climate change. The world's fossil-fuel extraction, refining, and delivery industries are also faced with the reality that two centuries of burning their core products hurts the planet and has already exacerbated...
Hurricane Harvey will go down as one of the most destructive and costliest natural disasters in the United States. While the storm has dissipated, with this week's attention focused on Hurricane Irma, the effects and damage tolls will last for years—and one thing already seems clear: Texas' dependence on the fossil-fuel industry poses an...
Major oil companies are beginning to take the threat of electric cars seriously, and the latest evidence comes from British Petroleum. BP has begun discussions with electric-vehicle makers to partner on a network of charging stations. The move comes as many European countries announce plans to ban the sale of fossil-fuel powered cars in coming...
Predictions on the future of global energy vary greatly, but many analysts largely believe that peak demand for the oil industry is coming relatively soon. The world's largest oil companies, however, see it differently: they say their business will only continue to grow through the year 2040. Exxon and OPEC each believe more than 100 million...
It's difficult to invest in renewable, alternative sources of energy when state-run oil pays the bills. And it's even harder for renewable energy when gasoline is all but free, courtesy of the same state. Now The Financial Times has taken a look at Russia's growing lag in embracing renewable energy to offer a serious alternative to oil and...
As the old saying goes: the enemy of my enemy is my friend. The biofuel and fossil-fuel lobbies have argued in the past over the blending of biofuels with the general fuel supply. But now the two groups have found something they can agree on. DON'T MISS: Sierra Club to sue EPA over failure to report on ethanol A U.S. biofuel-lobbying group is...
Anticipating a possible decrease in fossil-fuel consumption from the mass deployment of zero-emission vehicles, one of the world's largest oil companies is hedging its bets. Royal Dutch Shell is becoming increasingly involved in hydrogen fueling infrastructure, which will be needed if fuel-cell vehicles are ever to grow beyond their current...
Mass adoption of electric cars and renewable energy could significantly decrease global consumption of fossil fuels. But does the established energy industry view these new developments as a threat? In a recent report, ExxonMobil said coal could continue to provide the majority of the world's electricity-generation capacity in 2040, and that...
If electric cars are adopted by mass-market buyers in years to come, that will lead over time to notably lower oil consumption. So what are oil companies doing to prepare for that possible outcome? Some continue to doubt whether electric cars will constitute a serious threat to their business in the coming decades—but others are branching...