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Guidelines around a new tax credit for sustainable aviation fuel is issued by Treasury Department

Long-awaited guidance around tax credits for aviation fuel that reduces emissions of greenhouse gases compared with conventional fuel was issued Friday by the Treasury Department. Environmentalists said they were concerned that the guidelines could pave the way for...

What is carbon capture and how much of a solution is it after COP28?

  An agreement at the United Nations-led climate conference to transition away from fossil fuels brought a measure of relief for climate activists, even as many said it doesn’t go far enough. They also saw something to like in what the agreement said about...

No. 2 oil-producing US state braces for possible end to income bonanza in New Mexico

SANTA FE, N.M. (AP) — A windfall in government income from petroleum production is slowing down but far from over in New Mexico as the nation’s No. 2 oil production state grapples with how much it can effectively spend — and how to set aside billions of...

Guyana agreed to talks with Venezuela over territorial dispute under pressure from Brazil, others

GEORGETOWN, Guyana (AP) — The government of Guyana, under pressure from neighboring Brazil and a Caribbean trading bloc, agreed Sunday to join bilateral talks with Venezuela over an escalating territorial dispute. The century-old dispute between the two South American...

Petrochemical giant’s salt mine ruptures in northeastern Brazil. Officials warn of collapse

RIO DE JANEIRO (AP) — A mine belonging to Brazilian petrochemical giant Braskem ruptured Sunday in the northeastern coastal city of Maceio, the city’s civil defense authority said. Video the authority distributed shows a sudden murky bubbling of the water in the...
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