Tag: fossil fuel

Saskatchewan Introduces Legislation Meant to Assert Provincial Jurisdiction Over Natural Resources

Saskatchewan is asserting provincial jurisdiction over its natural resources with the introduction of the “Saskatchewan First Act,” which the province says will fend off “intrusive federal policies.” “This historic legislation will help protect our economic growth and prosperity from intrusive federal policies that encroach upon our legislative sovereignty,” said Bronwyn Eyre, Saskatchewan’s justice minister and…


America Can ‘100 Percent’ Avoid Recession If Biden Makes One Key Policy Shift: Billionaire John Catsimatidis

New York billionaire and refiner John Catsimatidis said that if the Biden administration reversed its hostile attitude toward oil and fossil fuels, America could “100 percent” avoid falling into a recession and inflation would ease. Catsimatidis made the remarks in a recent interview on The Epoch Times’ sister media NTD, in which he expressed concern…


Drill for a Greener Planet

Commentary One of the worst movies ever made–apart from the bottomless pit of direct-to-video fare—has got to be 2003’s “The Core,” starring Hilary Swank and the insufferable Stanley Tucci. Swiping the Booby Prize long held by 1977’s “Exorcist II: The Heretic,” this “save the planet from itself” journey to the soft Tootsie Roll center of…


Manchin Decries GOP, Sanders Alliance Against Fossil Fuel Regulation Reform

During a Sept. 20 press conference, Sen. Joe Manchin (D-W. Va.) blasted Republicans for refusing to side with him on fossil fuel permitting reform as part of the upcoming government funding bill. Following the passage of the $700 billion Inflation Reduction Act, which was largely negotiated between Manchin and Senate Majority Leader Chuck Schumer (D-N.Y.)…


Austraian Iron Ore Magnate Andrew Forrest Pushes for New ‘Decarbonisation’ Plan

Australian iron ore billionaire Andrew Forrest has announced a $9.2 billion (US$6.1 billion) plan to “eliminate” his mining empire Fortescue’s “fossil fuel risk profile” in a bid to gear up for the renewable shift amid concerns that the new processes will impact low-quality iron ore, coal steel and zinc supply chains. Forrest announced his company’s “decarbonisation…


Australian Iron Ore Magnate Andrew Forrest Pushes for New ‘Decarbonisation’ Plan

Australian iron ore billionaire Andrew Forrest has announced a $9.2 billion (US$6.1 billion) plan to “eliminate” his mining empire Fortescue’s “fossil fuel risk profile” in a bid to gear up for the renewable shift amid concerns that the new processes will impact low-quality iron ore, coal steel and zinc supply chains. Forrest announced his company’s “decarbonisation…


Billionaire Pledges $6 Billion to ‘Decarbonise’ Mining Empire

Australian iron ore billionaire Andrew Forrest has announced a $9.2 billion (US$6.1 billion) plan to “eliminate” his mining empire’s “fossil fuel risk profile.” Forrest announced his company’s “decarbonisation strategy” during a CEO roundtable on “Business leadership to rescue the Sustainable Development Goals” in New York City. The event was part of U.S. President Joe Biden’s…


Climate Activist-Backed MP Defends Shares in Gas and Oil Companies

An Australian parliamentarian backed by a major climate activist group has confirmed that she owns shares in oil and gas producers, refiners, and a toll road operator. As fossil fuel shares remain strong amidst the Russian-Ukraine war, “teal” Independent MP Kylea Tink revealed in a statement of interests filed to parliament that she holds shares…


People Should Pay More for Gas to Save Democracy: World Economic Forum

An article published on the World Economic Forum (WEF) website has called for the world to transition to “green energy,” insisting that it is the key to protecting democracy. In the article, Colorado State University economics professor Edward Barbier claims the world is facing two global crises of climate change and the decline of democracy. In order…


Biden’s ‘Hardline Stance’ Against Oil and Gas Driving Price Hikes: VP of Texas Public Policy Foundation

With recent polls showing that high gas prices are of primary concern to consumers and many experts forecasting gas prices going much higher in the near future, Chuck DeVore, vice president at the Texas Public Policy Foundation, said the Biden administration’s stance on fossil fuels isn’t helping. “We don’t have a lot of rigs out…