The oil giant says chemicals are part of the solution to climate change. Its operations in Norco, Louisiana, tell a different story.
Before obtaining the required permits, Diversified Energy began installing cryptocurrency mining infrastructure on one of its thousands of well pads.
"I want the fossil fuel industry to stop breaking the law and pay for their crimes against people and the planet."
Insiders aren’t surprised as ExxonMobil, the last remaining proponent of green algae biofuel, ends research.
The Treasury Department's definition will affect billions of dollars in federal subsidies for the nascent industry.
Collectively, trade associations like the American Petroleum Institute have spent billions in ads and lobbying to keep fossil fuels flowing.
Keeping them means homes will use gas for heating too, explains Rice University professor Daniel Cohan.
Process will set financial assurance plan for all producers’ wells.
State regulators could order Boulder County to sell its gas rights without consent.
Oil giant is appealing cancellation of permit to conduct seismic explorations in the ecologically rich waters.
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