Articles Tagged with ''fossil fuels''

Climate Change

UN COP28 Climate Forum Targets Fossil Fuel Use for First Time

December 20, 2023

Voting reps from nearly 200 nations at Dubai event ending Dec. 13 agreed to “transition away” from fossil fuels—boosting renewables, nuclear energy and climate investment—but did not mandate specific actions to cut back traditional energy use.

Energy Construction

FERC: Infrastructure Fixes Seen in Preventing Power Grid Failures

Commissioners also approved natural gas projects, including a proposed $13B expansion of the Port Arthur, Texas LNG plant

Mary B. Powers

September 23, 2023

No Comments

Analysis noted near shutdown by utlity Con Ed in NYC, as federal energy regulator also okayed four natural gas projects but left a controversial climate change measure undecided.

Companies

Eyeing a Shift to Renewables, Worley Sells Its Refinery Maintenance Arm

Debra K. Rubin

June 1, 2023

No Comments

Chris Ashton, CEO of Australia-based engineer-builder, sees growth in 'sustainability projects' in sale of North America maintainance unit gained from Jacobs, but firm also posts traditional oil and gas project wins from major players.

Clean Energy Construction

Ukraine War Will Boost Renewables Transition, Says Global Watchdog

Peter Reina

October 27, 2022

One Comment

Government investments in clean energy must double by 2030 to achieve net zero greenhouse gas emissions by 2050, the International Energy Agency says in a new report.

Digging Deeper | Office Buildings

Tech Sets Up NYC Tower for Carbon-Friendly Future

Office development aims to achieve LEED Platinum status and slash carbon emissions by avoiding fossil fuel sources

Tom Stabile

February 4, 2022

No Comments

Manhattan office project aims to beat city’s 2030 carbon emission targets by 46% and meet its 2050 carbon-neutral goals.

Canada Cites US Treaty in Battle Over Line 5 Pipeline Shutdown

Mary B. Powers

October 6, 2021

No Comments

Push to end Michigan shutdown of the cross-border oil-gas line comes as owner aims to bid new contract by mid-October to build an estimated $500M replacement tunnel.

Grains of wild rice are processed in a light brown vessel

As Opponents Continue Line 3 Fight, Wild Rice and Tribal Sovereignty Take Center Stage

Corinne Grinapol

September 19, 2021

No Comments

Efforts to halt the nearly completed oil pipeline replacement project illustrates the impact of environmental justice movements around the U.S.

Energy Construction

Terminated Keystone XL Oil Pipeline Site Closure Steps Are Still in Play

Competing Enbridge Line 3 wins much watched Minnesota ruling June 14 to continue construction

Corinne Grinapol

Debra K. Rubin

June 12, 2021

No Comments

Rival Enbridge Line 3 wins key Minnesota court ruling June 14 to move construction to expected year end completion, while scuttled $8B Keystone had tough road after Biden permit halt, as owner weighs options for pipe laid in Canada and stored.

Energy Transition

Court, Investors, Biden Push Energy Firms Harder to Address Climate Change

Mary B. Powers

Debra K. Rubin

May 30, 2021

No Comments

Back-to-back May actions by Dutch judges and oil major shareholders focus pressure to accelerate CO2 cuts as White House orders more business and government disclosure of climate-linked financial risks.

Trouble in Fossil Fuels

Emcor's Q2 Loss Tied to Decline in Value of Industrial Assets

Richard Korman

August 7, 2020

No Comments

Electrical contractor faces exposure in its energy-sector investments.

Live: July 16, 2026 at 2:00 pm EDT We'll address the current state of the construction market as we reach the halfway point of 2026. ENR invites three top forecasters asking them to share their views on the market prospects for the industry at midyear, both nationally & regionally, in the midst of these unique challenges.