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California Gov. Gavin Newsom imposed new restrictions on oil exploration in his state yesterday by putting a moratorium on hundreds hydraulic fracturing permits until the projects are reviewed by independent scientists, as the AP reported.
It seems the reality of the climate crisis is too much for the Federal Reserve to ignore anymore.
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Federal investigators found that big oil companies have taken advantage of a government loophole that gave energy companies a break on paying royalties when drilling in deep water. The loophole has allowed some of the world's largest energy firms to pocket an extra $18 billion, as Bloomberg reported.
It seems like every day there is a new story of a pipeline spilling crude oil or an oil refinery exploding. How do fossil fuel companies continue to operate such hazardous infrastructure in communities despite the immediate and long-term harm they cause? One piece of the answer is the coverage and financial support they get from insurance companies.
Forty-thousand liters (approximately 10,600 gallons) of diesel oil have spilled into the waters of Chile's Patagonia, a biodiversity hotspot at the tip of South America.
By Carla Ruas
Elizabeth Perez was only 10 years old when she moved with her family to the city of Bakersfield, in California. Almost immediately, she says, she began experiencing nosebleeds, headaches and difficulty breathing. Perez was in and out of a local health clinic for years, but doctors couldn't quite pinpoint what was making her sick.