Trump promoted fossil fuels. His war is pushing the world away from them.
As oil prices spike, governments are slashing fuel use and eyeing renewables — threatening to erode global demand for fossil energy.
On Friday, the U.S. Environmental Protection Agency announced its long-delayed rules for the amount of renewable fuels to be required in the on-road fuel supply in 2014, 2015, and 2016.
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The war in the Middle East has shaken global energy markets over the past few weeks. Given the volatility of fossil fuels, could this be the push countries need to invest more in renewable energy?
Oil and gasoline prices are rising as the war in Iran intensifies and other global conflicts affect supply. That means pain at the pump for drivers filling up with gas.
As Brent crude approaches $100 a barrel, clean energy advocates say the Hormuz crisis is the latest proof that fossil fuel dependence leaves consumers at the mercy of distant wars.
As the US and Europe navigate a difficult and uneven shift toward full battery electric vehicles (BEVs), the US and EU auto markets are under heavy pressure.
High political walls are hurting an industry vital to the character of the country.