Clean Technica

Tax Fossil Fuel Profits to Reduce Exposure to Energy Price Spikes or End Subsidies

5 min read

Fossil fuel companies made €180bn in taxable profits in the EU in the two years following Russia’s invasion of Ukraine Fossil fuel companies made over €180bn in profits in the EU in the two years following Russia’s invasion of Ukraine, analysis on behalf of T&E shows¹. T&E calls for excess profits … [continued]

The post Tax Fossil Fuel Profits to Reduce Exposure to Energy Price Spikes or End Subsidies appeared first on CleanTechnica.

Clean Technica Climate change Michigan

Battery Factories Show Trump Can’t Stop Clean Energy — He Can Only Slow It

10 min read

Every few years, a new administration tries to steer the course of the energy transition by decree. Some do it by boosting clean technologies through subsidies and regulation. Others try to restore fossil fuel dominance by dismantling those same supports. The idea that a single political cycle can redirect a … [continued]

The post Battery Factories Show Trump Can’t Stop Clean Energy — He Can Only Slow It appeared first on CleanTechnica.

Climate change Michigan Public

U.S. Army Corps of Engineers approves Enbridge plan to encase aging Great Lakes oil pipeline

3 min read

The U.S. Army Corps of Engineers has approved energy company Enbridge’s plan to encase a segment of an aging oil pipeline beneath the Straits of Mackinac. The decision Wednesday comes despite findings that construction could harm the environmentally sensitive area. The Corps fast-tracked the project in April after a directive from President Donald Trump. Enbridge now needs a permit from Michigan’s Department of Environment, Great Lakes, and Energy to start the project. Environmentalists are urging the state to deny the permit.