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Time for Congress to Reform the Renewable Fuel Standard

“Created by Congress in 2005, the Renewable Fuel Standard (RFS) is a program that requires American refiners to blend renewable fuels — primarily ethanol — into the fuel that consumers across the country use to fuel their cars and trucks. Under the law, ethanol and biodiesel producers receive a Renewable Identification Number (RIN) for each gallon of renewable fuel they …

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Halt divestment of fossil fuel industry

By Jim Constantopoulos, a professor of geology and director of the Miles Mineral Museum at Eastern New Mexico University. “Oil and natural gas production is surging in New Mexico and nationally. But there’s a hidden danger lurking in the shadows: divestment. Over the past decade, critics of the petroleum industry have mounted a “keep it in the ground” campaign as …

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Is This The World’s Next Petrochemical Hub?

“Appalachia is about to turn into the largest gas-producing region in America, accounting for 37 percent of the total by 2040, a study by IHS Markit commissioned by a lobby group has suggested. The group, dubbed Shale Crescent USA, is on a mission to promote the attractive business conditions for petrochemical producers in a bid to find a replacement for coal as a revenue …

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Tariffs: 5 Layoffs for Every New Job

A new study by The Trade Partnership confirms that proposed tariffs on steel and aluminum will cause a net LOSS of 146,000 American jobs: that’s five layoffs for every single new job created. That’s because aluminum and steel are included in the price of nearly everything we buy, from a new car to a can of beer. Already, U.S. metals prices …

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Tesla’s $2.6 billion payday for Elon Musk faces opposition

“Tesla Inc.’s proposal to give Chief Executive Elon Musk an estimated $2.6 billion payday stretched out over a decade would be too costly and too dilutive to shareholders, said one of the two largest independent services meant to advise investors on crucial shareholder votes. Tesla’s proposal “is peculiar in that it provides increasingly outsized compensation for levels of success ranging …

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Climate change lawsuits are ineffective political stunts

“Environmental activists are once again greeting a Republican administration’s resistance to setting carbon dioxide emission limits with lawsuits. In January, Mayor DeBlasio in New York City followed seven California cities that filed lawsuits over climate change last summer. These lawsuits, though, miss the point and their target. They are not suing the Trump administration. They seek to circumvent the Trump …

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Tesla touts its emissions-free cars; its factory got fined for polluting

“Tesla, the automaker determined to shift the world to environmentally friendly cars, has agreed to pay a fine of $139,500 over excess air pollution from its Fremont factory. The company, based in Palo Alto, also will install a solar array on the roof of a Boys and Girls Club in San Jose, as part of the settlement with the Bay …

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Divestment: A New York political stunt gone wrong

“We are a beacon of the world,” New York City Mayor Bill de Blasio recently wrote. Certainly, no one can deny the influence New York City has on this country. That influence is not decreed but earned by hardworking New Yorkers, and, unfortunately, the mayor’s recent actions against manufacturers in America will hurt the very people who make New York City the …

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Divestment Threatens Nation’s Energy Supply

“Oil and natural gas production is surging in New Mexico and nationally. But there’s a hidden danger lurking in the shadows: divestment. Over the past decade, critics of the petroleum industry have mounted a “keep-it-in-the-ground” campaign as a way of demonstrating their concern with climate change. But the campaign, which began in New England, has evolved into a national movement. …

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Why a Carbon Tax Does Not Work

“The tax cut Congress and President Trump delivered to the American people in late December is already paying dividends. Retirement funds and stock portfolios have boomed, corporations are repatriating billions of dollars they sheltered overseas, multiple companies have indicated they are going to invest right here in America with new factories and business expansion, and millions of workers have reaped …