House Democrats are crafting an energy package that would roll back billions of dollars worth of oil drilling incentives, raise billions more by boosting federal royalties paid by oil and gas companies for offshore production, and plow the money into new tax breaks for renewable energy sources.
Albertans pay the highest electricity rates in the country and new gas plants for AI data centres could drive costs up further.
A new report reveals oil and gas companies knew as early as the mid-1970s that methane fueled climate change while launching massive PR campaigns to promote natural gas as clean energy.
The industry has abandoned its climate pledges in favor of fossil fuel-powered AI data centers.
The Reform leader pocketed major sums from second jobs and donor gifts.
