Energy Roundup: Clunkers Says Adieu, Cleaner Oil Sands, Chevron Revs Up Lobby Engine, and More
Cash for clunkers says ba-bye — The cash for clunkers program, which was revived by a $2 billion lifeline earlier this month, will end Monday. The Car Allowance Rebate System or CARS program, as its officially known, has recorded more than 457,000 dealer transactions worth $1.9 billion in rebates, according to the Department of Transportation. [Source: DOT] Shell, Exxon roll out cleaner oil sands technology — Energy giants ExxonMobil and Royal Dutch Shell have developed a new process that cuts emissions from extracting crude from sand and mud by up to 15 percent. The process would make Canada’s oil sands no more polluting than conventional wells, the companies said. Environmentalists are not impressed and are urging oil companies to do more including the…
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