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Fossil fuels

Oil companies are expected to report a good quarter. So what'll they do with the profits?

by Andy Uhler
Jul 30, 2021
Usually they'd plow them back into drilling new wells. But right now, that's not what investors want.
A general view of an Exxon Mobil refinery in Rotterdam, Netherlands in April 2020. Exxon-Mobil and Chevron report their earnings on Friday to optimistic investors.
Dean Mouhtaropoulos via Getty Images
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Fossil fuel pollution is killing 8.7 million people a year, study says

by Scott Tong
Feb 9, 2021
Further investment in fossil fuels, even for a pandemic recovery, could have devastating human costs, the study says.
"One of the worst things we could be doing is stimulating our economy with measures that then lead to more deaths on the fossil-fuel front," says climate economist Gernot Wagner.
Brook Mitchell/Getty Images
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The Economy Reimagined, Part 3: Climate and Technology

by David Brancaccio and Kimberly Adams
Aug 7, 2020
Making the technological revolution more accessible, building a sustainable future and creating more jobs and a healthier populace while doing it.
A maintenance boat works next to the turbines of an offshore wind farm.
Christopher Furlong/Getty Images
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New energy secretary is likely to continue in predecessor's path

by Nova Safo
Dec 11, 2019
Dan Brouillette served under the previous secretary in a deputy role
U.S. Deputy Energy Secretary Dan Brouillette speaks during a press conference with the German Economy Minister on February 12, 2019 at the Economy Ministry in Berlin.
Odd Andersen/AFP via Getty Images
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GE to cut 12,000 jobs as demand for fossil fuel power stations falls

by Aaron Schrank
Dec 7, 2017
General Electric Co. announced today it’s cutting 12,000 jobs in its core power business worldwide, as demand for coal and other fossil fuels softens. It’s the latest move by new CEO John Flannery to cut costs and turn things around at the struggling conglomerate, whose stock plunged 44 percent this year. GE Power is the company’s […]
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U.S. officials tout cleaner fossil fuels, nuclear power at international talks

by Andy Uhler
Nov 14, 2017
At the United Nations climate talks in Germany, White House officials are talking about plans to make fossil fuels cleaner or more efficient, and to expand nuclear power, as approaches to reducing emissions. While the rest of the world may be more into discussing renewable energy, the focus of the current U.S. delegation would reduce […]
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Can divine intervention help solve climate change?

by Anu Anand
Oct 3, 2017
What's behind today's biggest faith-based fossil fuel divestment in history?
Chris Graythen / Getty Images
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Trump puts anti-global warming projects on chopping block

by Marketplace Contributor
Mar 28, 2017
  WASHINGTON (AP) — President Donald Trump is expected to sign an executive order Tuesday aimed at moving forward on his campaign pledge to unravel former President Barack Obama’s plan to curb global warming. The order will suspend, rescind or flag for review more than a half-dozen measures in an effort to boost domestic energy production […]
President Donald Trump signs one of five executive orders related to the oil pipeline industry in the Oval Office of the White House January 24, 2017 in Washington, DC.
Shawn Thew-Pool / Getty Images
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Big oil is seeking public trust

by Scott Tong
Mar 10, 2017
The corporate world seems on track to address the issue of climate change even as the Trump administration questions much of the research around its validity. Shell corporation says it’s not just boosting its renewable investments to $1 billion, it’s also tying board member pay to greenhouse gas emissions reductions. It’s not uncommon for fossil […]
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Imagining the future of coal in Gillette, Wyoming

by Kai Ryssdal
Feb 23, 2017
As the energy market dwindles, some are finding new uses for coal.
In Gillette, Wyoming, Atlas Carbon is finding new uses for coal.
Hayley Hershman / Marketplace
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