Electric Buses Are Hurting the Oil Industry

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About 279,000 barrels a day of fuel won’t be needed this year China adds a London-sized electric bus fleet every five weeks Source: Bloomberg New Energy Finance For every 1,000 battery-powered buses on the road, about 500 barrels a day of diesel fuel will be displaced from the market, according to BNEF calculations. This year, […]

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EPA Chiefs $50-a-Night Rental Raises White House Angst

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Pruitt apartment questions follow first-class flight reports Washington lease is compared to an Airbnb-style arrangement Related: Bumped? EPA Chief Signals He Will Be Flying Coach After Backlash The disclosure follows revelations about Pruitt’s reliance on visit by Pruitt and agency staff to Italy that cost $120,249. EPA officials have defended Pruitt’s use of first-class flights on […]

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Trump’s Tariffs on Solar Mark Biggest Blow to Renewables Yet

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President Donald Trump dealt his biggest blow to the renewable energy industry yet. On Monday, Trump approved duties of as much as 30 percent on solar equipment made outside the U.S., a move that threatens to handicap a $28 billion industry that relies on parts made abroad for 80 percent of its supply.  The tariffs are […]

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