Remove 2022 Remove Law Remove Methane Remove Natural gas
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Thanks to Manchin, IRA’s Methane Fee on Big Oil Is Riddled With Massive Holes

DeSmogBlog

The newly enacted Inflation Reduction Act contains the world’s first-ever fee on methane, a powerful greenhouse gas believed to be responsible for roughly 30 percent of global temperature rise since the Industrial Revolution. billion in financial incentives to clean up their methane.”

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Oil Industry Wages Major Lobbying Campaign to Kill Proposed Methane Fee

DeSmogBlog

The oil industry has launched an all-out pressure campaign to kill an attempt by Congressional Democrats to tax methane – an extremely powerful greenhouse gas – for the first time. Senate Committee on Environment and Public Works, which is considering the methane fee as part of the $3.5 Congress Eyes Methane Fee.

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Biden Administration Bans Fossil Fuel Usage In Federal Buildings

R-Squared Energy

The law requires federal buildings and major renovations to phase out fossil fuel-generated energy consumption by 2030. With commercial and residential buildings contributing 13% of direct greenhouse gas emissions in 2022, primarily from burning natural gas, the focus has shifted towards electrification.

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The Economic Case for ‘Blue Hydrogen’ Is Getting Worse. Cue the Lobbyists.

DeSmogBlog

Climate provisions in the Inflation Reduction Act of 2022 are bringing new economic headwinds to the gas-derived hydrogen fuel’s prospects. players in the blue hydrogen sphere — and natural gas is a common denominator. players in the blue hydrogen sphere — and natural gas is a common denominator.

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Proposed Pipeline Expansion Could Upend Three States’ Climate Plans

DeSmogBlog

California, Oregon, and Washington have all passed laws and enacted policies that require utilities to dramatically cut carbon pollution over the next decade. Gas Growth Forecast ‘Not a Reflection of Reality’ TC Energy is relying on agreements with two Pacific Northwest utilities to demonstrate the need for GTN Xpress.

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Italy’s Eni Faces Lawsuit Alleging Early Knowledge Of Climate Change

DeSmogBlog

Further research by DeSmog has shown that Eni’s company magazine Ecos made repeated references to climate change during the late 1980s and 1990s — while running advertising campaigns promoting natural gas, which is mostly comprised of planet-warming methane, as a “clean” fuel. In 2022, Eni reported a profit of $14.12

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Duke Energy aims to double renewable energy capacity by 2030

Renewable Energy World

"As coal is phased out from our generation profile, it will be replaced with zero-carbon resources and prudent investments in cleaner natural gas," Good said, according to a transcript summary of the call. He said the utility "still seems fairly committed to natural gas in its own fleet" under Scope 1.