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

NEWS OF THE DAY: Court orders Biden administration to redo ‘legally flawed’ reviews of Conoco Alaska oil projectBen Lefebvre, Politico, August 18, 2021 A federal court on Wednesday ordered the Biden administration to re-do environmental reviews necessary for permits for a controversial Alaskan oil project, throwing the decision to approve the project back to the agencies. Details: The ruling out … read more

NEWS OF THE DAY: From the Washington Examiner, Daily on Energy: US OIL DEMAND RISING: U.S. oil demand bounced back last week rising around 10% after falling the previous week, the Energy Information Administration said today in its Weekly Petroleum Status report. Oil consumption rose to 21.5 million barrels per day from 19.5 million barrels p/d the week prior. Jet … read more