NEWS OF THE DAY: Louisiana refineries slammed by Hurricane IdaArgus Media, August 30, 2021 More than 800,000 b/d of US Gulf coast refining capacity is offline today as Hurricane Ida swept ashore in Louisiana. The storm brought 150mph (240km/h) winds and nine-foot storm surge to areas near New Orleans, coastal Louisiana and stretches of the Mississippi River, home to nearly … read more

NEWS OF THE DAY: California to Build Temporary Gas Plants to Avoid Blackouts Mark Chediak, Naureen Malik, Bloomberg Green, August 19, 2021 State has resisted efforts to expand natural gas-based power  Governor declared state of emergency for grid last month California, a state that has been aggressively weaning its power grid off of fossil fuels, is now working on adding several … read more

Drilling Down on Treasury’s New Fossil Fuel Energy Guidance for Multilateral Development BanksStephanie Segal, Center for Strategic and International Studies, August 19, 2021 On August 16, the U.S. Department of the Treasury announced new fossil fuel energy guidance for multilateral development banks (MDBs), which aims to “promote ending international financing of carbon-intensive fossil fuel-based energy while simultaneously advancing sustainable development and a … read more