In a meeting that boiled over with testy exchanges and chanting crowds, Louisiana utility regulators adopted a long-awaited energy efficiency program they say will bring accountability to utility companies and stop them from charging customers for power they don’t use.
ExxonMobil is suing two sustainable investment firms in a bid to block them from putting forward a shareholder proposal that would commit the oil company to further curb its greenhouse-gas emissions and target its customers’ emissions, The Wall Street Journal reports.
A legislative task force heard last week from industry leaders aiming to counter south Louisiana residents’ widespread concerns about carbon capture and sequestration projects.
ExxonMobil on Thursday announced that a $230.5 million, three-year modernization initiative at its aging north Baton Rouge refinery has been completed.