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The “social cost of carbon,” or SCC, was created to show policy makers the gap between the market price of fossil fuels and the cost of the environmental damage they cause. .....»»

The Biden administration wants to steer the American economy away from fossil fuels that contribute to climate change. So why are oil prices and energy stocks and bonds rallying?.....»»

President Biden’s executive orders that put the U.S. on a course to transition away from fossil fuels are a boon for Russia, Saudi Arabia and other adversaries and pose a threat to national security......»»

West Virginia Republican Gov. Jim Justice, a staunch supporter of President Trump, explained to CNBC on Tuesday why he believes the U.S. isn't ready to move away from fossil fuels under President-elect Joe Biden......»»

Oil tycoon T. Boone Pickens’ eponymous fund is swapping out one of its crude investment vehicles for renewables, seeing an opportunity in clean energy as fossil fuels get pummeled in the capital markets......»»

The company has said previously it expects as much as half of its capacity to be based on non-fossil fuels by 2025 compared to 30% now.....»»

Hawaiian Electric estimates that transforming the Islands' transportation sector from fossil fuels toward electricity could result in economic benefits of more than $700 million over the next 27 years. The Honolulu-based utility company released an .....»»

Legislators and a labor-led coalition are pushing for the state to bring about a "just transition" to clean energy that will protect union workers, including those in jobs that have traditionally built infrastructure in the fossil fuel industry......»»

The vice president teed off on Donald Trump during a rally in the critical state of Arizona. Vice President Kamala Harris has taken the lead in the Biden campaign's push to highlight abortion ri.....»»

Democrats on the House Ways and Means Committee want to continue delivering stimulus and unemployment aid to sustain the economic recovery. Economic stimulu.....»»

President Biden is pushing to raise the corporate tax rate to as high as 28%, and has enlisted his top economic advisers to push the message......»»

President Joe Biden is scheduled to visit a Ford Motor Co. plant in Michigan on Tuesday in a push for his electric-vehicle plan, as the White House and lawmakers continue to wrangle over an infrastructure deal......»»

Neera Tanden, who withdrew i.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Tesla CEO Elon Musk said Wednesday the electric car maker will no longer accept bitcoin for vehicle purchases amid concerns regarding the environmental impact of cryptocurrency mining......»»

With Colonial Pipeline shutdown and gas shortages hitting the U.S., suddenly Biden’s push to cancel pipelines seems like a bad idea......»»

Who's been selling stocks during the tech rout? Baby boomers, perhaps trimming positions on worries about President Joe Biden's proposed capital-gains tax hike, are a likely culprit, says one trading tracker......»»

Wealthy Americans know the capital gains tax is their biggest loophole — and they won't give it up easily.Wealthy Americans know the capital gains tax is their biggest loophole — and they won't give it up easily......»»

Duke Energy appeared to win an important concession Monday when a witness for the groups opposing its long-term plant construction plans testified that renewables and storage cannot, for now, replace fossil fuel to meet energy demand......»»

Lights Out For Indian Point As NYC Sources More Fossil Fuels For Power Generation The nuclear power plant known as Indian Point Energy Center (IPEC) is slated for closure Friday, fulfilling Gov. Andrew Cuomo's.....»»