U.S. Environmental Protection Agency Administrator Michael Regan said on Thursday that the Biden Administration will continue to press to cut pollution from power plants, which he noted were “the largest stationary sources of harmful pollutants like nitrogen oxide and sulfur dioxide.”
U.S. President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps as soon as his first day, according to a source familiar with his thinking.
Exxon Mobil Corp said on Friday that it expects global oil demand to drop sharply by 2040 if regulations aimed at limiting the impact of greenhouse gas emissions on climate are fully implemented.
