Biofuels business nonetheless ready on subsidies to compete with oil, gasoline, electrical autos

Biofuels business nonetheless ready on subsidies to compete with oil, gasoline, electrical autos

(The Heart Sq.) – The biofuel business might dramatically cut back tailpipe emissions from automobiles and enhance air high quality, however the results of the pandemic and authorities subsidies for inexperienced opponents like electrical autos makes future progress a tricky highway forward.  Pennsylvania has two biofuel producers, Hero Bx (often known as Lake Erie Biofuels)…

Pennsylvania moratorium loophole nets $45M in oil and gasoline income

Pennsylvania moratorium loophole nets $45M in oil and gasoline income

(The Heart Sq.) – Since 2015, when Democratic Gov. Tom Wolf issued a moratorium on new oil and gasoline leases on state forest and state park lands, the administration argued it was “hanging the precise steadiness” between financial and environmental considerations. Nonetheless, Wolf’s govt order didn’t cease all new leases on publicly owned acreage.  Pennsylvania…

Albright Economics Professor weighs in on impacts of Russian oil ban in US

Albright Economics Professor weighs in on impacts of Russian oil ban in US

READING, Pa.- The president’s announcement that the US will ban Russian oil imports will not go unnoticed within the wallets of Individuals. Albright School economics professor, Farhad Saboori, says the U.S. imports lower than 9% of its oil from Russia, however Europe is rather more depending on Russian fuels. “We reside in a worldwide financial…

$26 million for mine reclamation coming to Pennsylvania

$26 million for mine reclamation coming to Pennsylvania

(The Middle Sq.) – Pennsylvania has deserted mines throughout the Commonwealth, and the federal authorities is sending $26 million for reclamation efforts, Sen. Bob Casey, D-PA, introduced. The cash comes on high of $244 million in funding introduced in February. “Throughout the Commonwealth, communities expertise the legacy of deserted mines, from property injury to polluted…