Alternative Energy

Shareholders Sue Solar Firm Backed by Billions in U.S. Funds

Three former employees describe a pervasive culture of illegality at the Spanish solar company Abengoa

A renewable energy company that has received billions in U.S. taxpayer support despite federal investigations and former employees’ allegations of illegal business practices is in dire financial straits as shareholders allege securities fraud and investors drive down its stock price.

Foreign Firm Funding U.S. Green Groups Tied to State-Owned Russian Oil Company

Executives at a Bermudan firm funneling money to U.S. environmentalists run investment funds with Russian tycoons

A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin’s inner circle.

EPA Sets Biofuel Supply Requirements to Decrease Fossil Fuel Reliance

Oil and gas industry say the agency is trying to make a ‘broken’ system work

The Environmental Protection Agency will require oil refiners to blend 16.55 billion gallons of renewable fuels into the nation’s gasoline supply this year as part of its efforts to spur new fuel technology and decrease fossil fuel dependence.

Former Reagan Energy Official Criticizes Obama Approach

William Perry Pendley says Reagan wouldn’t be surprised by the progress of fracking

Ronald Reagan, Alternative Energy, FrackingA former energy official for President Ronald Reagan argued Monday that a return to the former president’s human-centric environmental philosophy would secure a safer and more prosperous future than the current administration’s policies.