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16%  
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Keyword: nicholagroom

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  • U.S. Judge Nullifies Results of November Offshore Lease Auction Over Climate Impact

    01/28/2022 8:59:25 AM PST · by texas booster · 30 replies
    Offshore Engineer ^ | Jan 28 2022 | Nichola Groom and Valerie Volcovici
    A federal judge invalidated the results of an oil and gas lease sale in the Gulf of Mexico on Thursday saying the Biden administration failed to properly account for the auction's climate change impact. The decision has cast uncertainty over the future of the U.S. federal offshore drilling program, which has been a big source of public revenue for decades but also drawn the ire of activists concerned about its impact on the environment and contribution to global warming. The Gulf of Mexico accounts for 15% of existing U.S. oil production and 5% of dry natural gas output, according to...
  • Exclusive: Tesla's solar factory is exporting most of its cells - document

    05/16/2019 1:52:11 AM PDT · by blueplum · 13 replies
    Reuters ^ | 15 May 2019 | Nichola Groom
    (Reuters) - The “great majority” of solar cells being produced at Tesla Inc’s factory in upstate New York are being sold overseas instead of being used in the company’s trademark “Solar Roof” as originally intended, according to documents reviewed by Reuters. The exporting underscores the depth of Tesla’s troubles in the U.S. solar business, which the electric car maker entered in 2016 with its controversial $2.6 billion purchase of SolarCity. Tesla has only sporadically purchased solar cells produced by its partner in the factory, Panasonic Corp, according to a Buffalo solar factory employee speaking on condition of anonymity. The rest...