** Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S. petrochemical plants and bury them in deep under the Gulf of Mexico. ** The Biden administration has removed Trump-appointed atmospheric scientist Betsy Weatherhead from her role overseeing a comprehensive report on how climate change …
April 20, 2021 archive
Bidding war erupts over Kansas City Southern railway
Kansas City Southern, the railway with a 100-mile stretch of line in Eastern Oklahoma finds itself the target of a bidding war as Canadian National railway is making a $33.7 billion cash-and-stock offer for the railway. The bid is more than Canadian Pacific’s $25 billion cash-and-stock proposal made last month reported the Associated …
Energy Transfer fights to keep open the Dakota Access pipeline
Energy Transfer is putting up a fight in federal court to keep open its Dakota Access oil pipeline, arguing the systems shutdown would be even more harmful than previously anticipated. Their arguments were made Monday in U.S. District Court of the District of Columbia after a key permit was scrapped. Energy Transfer contended that …
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