A new report released Tuesday by Senate and House Democrats alleges that large oil companies attempted to deceive the public about the effects of climate change for decades.
Why it matters: The documents backing the report are finally seeing the light of day after a three-year investigation, which was stuck in limbo after Republicans took back the House in 2022.
The White House today unveiled final rules to speed up permitting for infrastructure projects — including transmission and low-carbon energy.
Why it matters: Accelerating timelines that often drag on for years would help realize the goals of the Democrats' 2022 climate law and the bipartisan 2021 infrastructure deal.
Spire Global, a firm that utilizes data from its satellites and leverages artificial intelligence to generate weather forecasts, is turning to the financial sector for customers.
Driving the news: The firm on Monday announced a deal with an unnamed financial firm that it says is priced in the multimillion-dollar range. It signals how quickly new technology is reshaping a critical industry.
Why it matters: The DOE, with its national labs and supercomputing facilities, is uniquely positioned among government agencies to leap from research to applications.
Storms pummeled the Mississippi River Valley Sunday following a weekend of deadly tornadoes in Oklahoma. Violent twisters also struck throughout Nebraska and Iowa amid more widespread severe weather across the Central states Saturday.
Threat level: The states hit by severe weather Sunday included northeastern Texas and parts of Louisiana. This follows the tornadoes that left towns in ruins in Oklahoma.
🛢️ Veteran oil analyst Arjun Murti has another reason to be skeptical of peak oil: surprisingly resilient demand in advanced economies, Ben writes.
The big picture: "OECD demand, which we agree is mature and we had thought could decline, is actually showing greater stability in 2024 than originally expected," he writes in a new post.
Why it matters: That potential plateau (rather than an outright decline) would do less to offset rising demand in developing nations, where per-capita oil use is comparatively quite small. Full analysis.
⛏️ A new Breakthrough Institute report puts some numbers to mining volumes needed for climate-friendly power compared with fossil fuels.
