Energy & Environment |
Energy & Environment |
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Democrats release report on big oil probe |
According to a report from a yearslong investigation by House Democrats, major oil companies have internally admitted that their public commitments to cut planet-warming emissions are incompatible with their business plans. |
The report, which builds on a House Oversight Committee probe from when Democrats held the majority in that chamber, included documents in which oil industry figures appear to concede the industry's history of knowingly suppressing the link between fossil fuels and climate change. The report includes emails referencing a 2015 joint investigation by Inside Climate News and The Los Angeles Times in which they reported that ExxonMobil had deliberately pushed back against climate science. In a newly uncovered email in the Democrats' probe, an Exxon media relations manager wrote: "It's true that Inside Climate News originally accused us of working against the science but ultimately modified their accusation to working against policies meant to stop climate change, such as Kyoto. I'm ok either way since they were both true at one time or another." More broadly, the Democrats' report alleges that companies modified their strategy over the years from outright denial to "deception, disinformation, and doublespeak." The report also accuses Exxon, Chevron, Shell, BP, the American Petroleum Institute lobbying group and the Chamber of Commerce of obstructing their investigation. Several of the oil companies and entities named in the report pushed back against its characterizations. An ExxonMobil spokesperson said the report contained "tired allegations that have already been publicly addressed through previous Congressional hearings on the same topic and litigation in the courts." Read more in a full report at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, we're Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
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How policy will affect the energy and environment sectors now and in the future: |
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The White House Council on Environmental Quality (CEQ) finalized rules Tuesday aimed at streamlining the environmental review process under the National Environmental Protection Act. |
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The Biden administration on Tuesday banned most uses of a toxic chemical that is used as a paint stripper. Long-term exposure to the chemical, methylene chloride, can cause cancers of the liver, lung, breast, brain, blood and central nervous system. |
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Senate Energy Committee Chair Joe Manchin (D-W.Va.) said he will lead a Congressional Review Act (CRA) resolution to undo the Biden administration's final rule on permitting announced Tuesday morning. |
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Branch out with a different read on The Hill: |
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The race to beef up global supply chains for metals and minerals crucial to the ongoing energy transition is heating up.Companies are jockeying for position within shifting production networks and legislatures are advancing packages to pull mineral processing away from China, where the industry has been concentrated for decades. |
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Upcoming news themes and events we're watching: |
The Senate Budget Committee will hold a hearing on the role of the oil industry in climate change. House Oversight Committee Ranking Member Jamie Raskin (D-Md.) is scheduled to testify.
Interior Secretary Deb Haaland is slated to testify at a House Natural Resources Committee budget hearing
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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America's Wind Power Production Drops for the First Time in 25 Years (Bloomberg)
Drought-stricken Calif. reservoir fills for the first time since 1998 (SFGate) The world agreed to create a climate reparations fund. Now comes the hard part. (Grist)
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Two key stories on The Hill right now: |
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Senate Republican Leader Mitch McConnell (Ky.) is on the way out. But he's not going quietly. Read more |
| Another day of testimony has wrapped in former President Trump’s hush money trial on Tuesday. Read more |
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You're all caught up. See you tomorrow! |
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