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Jessica Resnick - 1 Ault - 1 Biden - 1 Trump - 1 Joe Biden's - 1 Deb Haaland - 1 Jarrett Renshaw - 1 Nichola - 1
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2 mentions found


☆ Biden's 5-year offshore oil plan to have historically few lease sales, none in 2024, sources say
  + stars: | 2023-09-28 | by ( Jarrett Renshaw Nichola Groom | Jarrett Renshaw | Nichola Groom | ) www.reuters.com   time to read: +3 min
The White House is expected to argue on Friday that holding oil lease sales is the price to pay if it wants to achieve its ambitious wind energy goals. Biden sees offshore wind power as a key tool in his administration's effort to decarbonize the economy. "The number of oil and gas lease sales will be the lowest in history and will enable the rapid expansion of the offshore wind industry," the source said. The Interior Department is required by law to create a national oil and gas leasing schedule every five years. The Biden administration unveiled a proposed plan in July last year that had contemplated between zero to 11 lease sales.
Persons: Jessica Resnick, Ault, Biden, Trump, Joe Biden's, Deb Haaland, Jarrett Renshaw, Nichola, Marguerita Choy, David Gregorio, Deepa Babington Organizations: REUTERS, Bureau of Ocean Energy Management, Reuters, Biden, Interior Department, Interior, Thomson Locations: Gulf of Mexico, Louisiana, Alaska, California, U.S
☆ US business borrowing for equipment falls 2% in July - survey
  + stars: | 2023-08-28 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Andrew Kelly Acquire Licensing RightsAug 28 (Reuters) - U.S. companies borrowed nearly 2% less in July than last year to finance equipment investments, an Equipment Leasing and Finance Association (ELFA) survey showed on Monday. The companies signed up for new loans, leases, and lines of credit worth $9.9 billion last month, compared with $10.1 billion a year earlier, the industry body's survey said. ELFA, which reports economic activity for the nearly $1-trillion equipment finance sector, said credit approvals totaled 75.3%, down from 76.1% in June. Washington-based ELFA's leasing and finance index measures the volume of commercial equipment financed in the United States. The Equipment Leasing & Finance Foundation, ELFA's non-profit affiliate, said its confidence index in August stood at 50.4, an increase from 46.4 in July.
Persons: Andrew Kelly, Ralph Petta, Craig Ault, Honour, Pratyush Thakur, Maju Samuel Organizations: REUTERS, Leasing, Finance Association, Bank of America Corp, Caterpillar Inc, Dell Technologies Inc, Siemens AG, Canon Inc, Volvo, Finance Foundation, Thomson Locations: Manhattan , New York City, U.S, Washington, United States, Bengaluru
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