Latest American Petroleum Institute News
US Chamber, oil industry sue Vermont over law requiring companies to pay for climate change damage
The U.S. Chamber of Commerce and a top oil and gas industry trade group are suing Vermont over its new law requiring that fossil fuel companies pay a share of the damage caused over several decades by climate change. The federal lawsuit filed Monday asks a state court to prevent...
New York to charge fossil fuel companies for damage from climate change
ALBANY, N.Y. (AP) — Large fossil fuel companies would have to pay fees to help New York fight the effects of climate change under a bill signed Thursday by Gov. Kathy Hochul. The new law requires companies responsible for substantial greenhouse gas emissions to pay into a state...
Donald Trump's call for 'energy dominance' is likely to run into real-world limits
WASHINGTON (AP) — President-elect Donald Trump is set to create a National Energy Council that he says will establish American “energy dominance” around the world as he seeks to boost U.S. oil and gas drilling and move away from President Joe Biden’s focus on climate change. ...
What to know about Chris Wright, Trump's choice to run the Energy Department
WASHINGTON (AP) — Fossil fuel executive Chris Wright, Donald Trump's choice for Energy secretary, is a strong supporter of oil and gas development, including fracking, a key pillar of the president-elect’s quest for U.S. “energy dominance” in the global market. Wright has...
Biden EPA to charge first-ever ‘methane fee’ for emissions waste by oil and gas companies
WASHINGTON (AP) — Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a final rule announced Tuesday by the Biden administration. The Environmental Protection Agency rule follows through on a...
