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Ending Oil Tax Breaks Could Pay For New Jobs—and Some May Be Green

President Obama unveiled a new job creation plan in a major speech to Congress last week and follow-up speeches this week, in which he called for an end to tax breaks for oil and gas companies to bring...

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Pleas, Hard Lines, and Accusations of Bad Faith Negotiations at Climate Talks

In Durban, South Africa, the latest round of United Nations climate negotiations opened with a plea from South Africa’s president, Jacob Zuma, for countries to look beyond national interests. So far,...

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Surprise Deal Emerges at United Nations Climate Talks

In a surprise turnaround, the United Nations climate talks managed to produce a new deal to eventually curb global emissions moving forward. In a press release announcing the agreement, the United...

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Oil, Gasoline Prices Hit All-Time Highs in 2011—and May Continue Rising

Average prices of oil and gasoline at the pump reached an all-time high in 2011, according to U.S. Energy Information Administration data. Brent crude oil, the global benchmark, averaged $111 a...

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Presidents and the Price of Oil

Even if we go with more offshore drilling, we have to accept that it takes years for one of these rigs to be sited and produce oil. Photo: Agencia Brasil If you’re a primary voter, you’ve got your pick...

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Rising Oil, Gasoline Prices Put Politicians on the Offensive

In a major speech on energy at the University of Miami, President Obama said rising gasoline prices are a “painful reminder” of the need for alternatives. He was on the offensive, trying to counter...

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A Truckers’ Strike Drives Home The Depth of São Paulo’s Dependence on Cars,...

In a city addicted to driving like São Paulo, a sudden shortage of fuel hits hard.  With a fleet of 6.6 million vehicles in January, and about 630 more hitting the streets each day, fuel was taken for...

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U.S. Energy Department: Peak Travel Season Could Cost Drivers 6% More

Gasoline prices have edged off the pedal in recent days, but the Energy Information Administration this week released new data showing motorists will pay about a quarter more per gallon during peak...

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Delta Buys Oil Refinery; Should Others Follow?

Delta Air Lines’ purchase of a refinery is being called an audacious defense against spiraling oil prices, but perhaps even bolder action is called for, given the stark U.S. East Coast energy...

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Fossil-Fuel Subsidies: Why We Crunched Numbers

Something crucial was missing from the first-ever global inventory of tax breaks for oil companies and other fossil-fuel subsidies when the Organization for Economic Cooperation and Development...

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