Oregon’s most populous county is suing more than a dozen fossil fuel and coal-producing companies for nearly $52 billion. The county is seeking to hold defendants accountable for damages related to an extreme weather event that it attributes to climate change. Multnomah County, home to Portland, joins more than two dozen other cities and counties…
Oregon County Sues Oil and Gas Firms Over Weather Event
July 5, 2023
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North Carolina House Advances Bill Prohibiting Natural Gas Ban in Local Government
North Carolina lawmakers have advanced a bill prohibiting city and county governments from banning the use, purchase, and sale of natural gas-fueled appliances. According to the bill, local governments can’t adopt ordinances that prohibit neither the expansion of an energy service based on what kind of energy source it is nor the sale or purchase…
California Bay Area to Start Banning Gas Furnaces and Water Heaters
Authorities from the Bay Area in San Francisco have decided to ban the use of natural gas-fired water heaters and furnaces, citing pollution and health concerns. The Bay Area’s Air District Board of Directors made amendments to certain regulations to eliminate nitrogen oxide (NOx) emissions from residential and commercial natural gas furnaces and water heaters…
NTD Business (Jan. 12): US Inflation Slows in December; House Passes Bill to Block SPR Oil Exports to China
January 12, 2023
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Monthly inflation is down for the first time in more than two-and-a-half years. We talk to traders about the report. The White House says the president does not support banning gas stoves, after an official said he’s thinking about it. House lawmakers come together to block China from buying oil from America’s emergency stockpile. Microsoft is…
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