It was seen as a way for Russia to prop up its currency and retaliate for Western sanctions, but it could cause global energy prices to spike. One analyst sees it as a warning to the rest of Europe.
The move was widely seen as an effort to prop up the ruble and strike back at Europe amid an onslaught of Western penalties levied against Russian banks.
Rules finalized by the Energy Department will accelerate an industry practice to use compact fluorescent and LED bulbs. Consumers could save $3 billion a year on utility bills, the agency said.
Russia is still making billions of dollars on oil exports since invading Ukraine. That crude is still flowing abroad thanks in part to a controversial group of oil traders.
From solar panels to electric buses — the Biden Administration wants to make it easier for schools to tap more than $5.5 billion for climate-friendly upgrades.
From solar panels to electric buses — the Biden Administration wants to make it easier for schools to tap more than $5.5 billion for climate-friendly upgrades.
Gas station owners argue the move would help ease a labor shortage and bring prices down, but drivers and politicians are wary of changing the practice.
Zurich, Switzerland, is shutting down the gas supply to some neighborhoods. Originally aimed at fighting climate change and saving money, it's also a step to cut gas imports from Russia.
Zurich, Switzerland, is shutting down the gas supply to some neighborhoods. Originally aimed at fighting climate change and saving money, it's also a step to cut gas imports from Russia.
The move restores regulations guiding environmental reviews of big projects such as highways and pipelines that were scaled back by the Trump administration in a bid to fast-track the projects.
The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.
For a single day at the end of March, wind was the second-largest source of electricity generation, the Energy Information Administration says. Natural gas is still the nation's largest power source.
A new study links the epidemic of severe lung disease among coal miners to toxic silica dust. The findings echo a 2018 investigation by NPR and the PBS show Frontline.