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Hoboken Lodges First State-Level Racketeering Charge in Big Oil Climate Lawsuit

DeSmogBlog

Hoboken is making this claim against fossil fuel companies under the state-level equivalent of the Racketeer Influenced and Corrupt Organizations (RICO) Act, a federal law used successfully to prosecute organized crime groups such as the Mafia starting in the 1970s and later the tobacco industry. Credit: U.S.

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Phantom Gas and Missing Documents Reveal Gaps in Utility Oversight

DeSmogBlog

He filed 21 internal complaints in 2012, then bumped them up to the Oregon Public Utility Commission (OPUC), the group that regulates utilities in the state, later that year. In late 2012, several months after Dye took his complaints to OPUC, NW Natural fired him. economy is increasingly rocked by climate chaos.

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Global Briefing: Greenpeace's Jennifer Morgan appointed as Germany's climate envoy

Business Green

For its natural gas business, it will adopt a new net zero by 2050 goal that includes upstream methane and carbon emissions related to purchased gas and downstream carbon emissions from customers' consumption. "As The new law also sets out a requirement to ensure any private economic initiative does not damage health or the environment.

Law 40
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Defective Meters and Whistleblower Complaints Raise Questions About Gas Utility’s Profits

DeSmogBlog

While utilities can’t earn a profit on some of the costs of doing business — such as fossil gas purchases and employee payroll — regulatory rules do allow them to earn a return on capital investments, like pipes and meters. Dye oversaw the accuracy of NW Natural’s more than 700,000 meters from 2000 until 2012. A Sidelined Solution.

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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. The Bipartisan Infrastructure Law signed this past November set aside $4.7

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NYC Pensions Are Sued for Shedding Fossil Fuels

DeSmogBlog

She joined college students, financial experts, faith leaders, and then-New York City Public Advocate Letitia James in front of the New York Stock Exchange to demand that the city’s five public pension funds factor the financial risks of climate change into their investment decisions. trillion in cash and investments.

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DOE Quietly Backs Plan for Carbon Capture Network Larger Than Entire Oil Pipeline System

DeSmogBlog

“Even the advocates of direct air capture technology acknowledge that they don’t anticipate that it would be at a scale to make any meaningful reduction in atmospheric CO2 levels until 2060, 2070 and beyond,” said Carroll Muffett, president of the environmental law nonprofit Center for International Environmental Law.