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Budget reconciliation: The key to investors’ net zero commitments

EDF + Business

Three provisions, in particular, are critical for emissions reduction: tax incentives for clean electricity and clean transportation; policy to decarbonize the power sector, and a methane fee. Since the ITC’s enactment in 2006, the U.S. Methane Fee. Tax incentives cannot end, however, with the power sector.

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Fracking Company Pleads No Contest in Iconic Water Contamination Case in Dimock

DeSmogBlog

In 2006, Cabot Oil & Gas — the corporate predecessor of Coterra — obtained the mineral rights from multiple residents of Dimock and began fracking operations. But his wife began experiencing nausea and skin blotches, and testing showed that the Ely’s water was contaminated with methane, according to the grand jury investigation.

Methane 97
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Industry Insiders Question Louisiana Regulators Over Cleanup on ExxonMobil Land, Amid Corruption Claims and Pollution Fears

DeSmogBlog

Properly plugging and abandoning oil and gas wells is vital to protect the environment and stop methane leaks – but for decades, oil operators have often slipped away without paying to clean up, leaving millions of deteriorating abandoned wells across the U.S. and regulators in different drilling regions face different issues.

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Campaigners Sued an Oil Major For Climate Deception. Now the Company Is Preparing to Sue Them Back.

DeSmogBlog

Greenpeace Italy and Re:Common have alleged in their climate lawsuit — Italy’s first — that despite knowing at least as early as 1970 that burning fossil fuels posed a serious climate risk, Eni went on to promote “natural” –- or methane – gas as a safe energy source for decades. the spokesperson stated.

Law 77
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Want to prevent California’s looming flood disaster? Grow a marsh.

Grist

DWR measures the CO2 and methane emissions from the wetlands it created on Sherman Island. Established in 2006 by the law AB32, the cap-and-trade system seeks to reduce the state’s greenhouse gas emissions by harnessing market forces. The longer-term goal is to reverse them. Jonno Rattman / Bay Nature.

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Investigation: How the Meat Industry is Climate-Washing its Polluting Business Model

DeSmogBlog

Campaigns run by the AAA and Danish Crown are just two examples of the way in which the meat industry is increasingly turning to a playbook long used by other polluting sectors such as Big Oil and pesticide manufacturers , with the campaigns ultimately causing “confusion and delay,” NYU’s Jacquet argues. Meat Industry Playbook.

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The Rise of the ‘Climate Friendly’ Cow

DeSmogBlog

Methane, a greenhouse gas which is belched out in high volumes by cattle, has been identified by the UN and world leaders as the quickest route to cut global heating. It underplays climate impacts, stating that “research has shown that cows do not produce as much methane gas as was once believed”.