Along with 22 other states, Texas is seeking to bar the final rule from taking effect on January 17.
Energy
Chinese Companies Buy Tarrant Oil, Lobby Texas Lawmakers
The companies—tied to the Chinese Communist Party—are extracting oil all over the state, with 34 wells in Tarrant County.
BlackRock Joins Major Banks Leaving UN Climate Initiatives After AG Paxton Pressure
State Street is now the last of the country’s largest asset managers to remain in the Net-Zero Asset Managers initiative.
Harris County Mandates Backup Power
A new amendment in the Harris County fire code seeks to prevent power outages at assisted living facilities.
Attorney General Paxton: Major US Banks Withdraw From Net-Zero Banking Alliance
His victory lap follows the withdrawal of Bank of America, JPMorgan, Morgan Stanley, and Wells Fargo from the United Nations group.
Trump Pledges to Reverse Biden Ban on Offshore Oil Drilling
The act evoked by Biden, however, may make it difficult for Trump to reverse the ban.
Wells Fargo Exits Net-Zero Banking Alliance After Texas Probe Into Anti-Energy Policies
Attorney General Paxton has ended a review of the bank and allowed state governmental entities to do business with Wells Fargo again.
Republican Oil Regulators Impose Biden-style Restrictions on Energy Production
Texas Railroad Commission adopted new “environmental” rules that experts say will make it harder for Donald Trump to “drill, baby, drill.”
New State Regulation Out-Biden’s Federal Attacks on Oil and Gas Industry
Republican commissioners won’t comment on their proposed rule to impose expensive restrictions favored by “left-wing special interests” on the Texas’ energy sector.
Energy Expert Warns Texas Grid Is More Fragile Than During Winter Storm Uri
Energy Alliance Policy Director Bill Peacock said the reliability of the state’s grid is not keeping up with the demand for electricity, which follows Texas’ economic growth.