Remove 2022 Remove Blog Remove Law Remove Methane
article thumbnail

What is in the Inflation Reduction Act of 2022? We summarize.

38 North Solutions

Inflation Reduction Act of 2022 . Methane and Superfund. -$15 Current law taxes the performance-based compensation paid to managers of certain investment partnerships at long-term capital-gains rates rather than as ordinary income provided that a three-year holding period is met. Part 1 (First 3 years or 2022-2024).

article thumbnail

How the Oil Industry Indefinitely Delays Cleaning up Oil and Gas Wells in California

DeSmogBlog

Unplugged wells frequently continue to emit methane , a greenhouse gas with a warming impact many times that of CO2. billion in global profit in 2022. The second largest holder is Aera Energy, which was owned by Shell and ExxonMobil until 2022, and which retains 8,948 idle wells. billion each.

Law 122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Climate News You Can Use — July & August 2023

EDF + Business

Read our blog summary and full report. According to Climate Power’s Clean Energy Boom report, companies have announced or advanced clean energy projects totaling $278 billion in new investments between August 2022, and July 2023, creating over 170,000 new jobs in 44 states. electric power sector in 2022. Don’t miss out!

article thumbnail

Climate-Science Deniers, Right-Wing Think Tanks, and Fossil Fuel Shills Are Plotting Against the Clean Energy Transition

DeSmogBlog

From his perch at Climate Depot , the blog he’s run since 2009, Morano has elevated fake climate experts, encouraged the harassment of real climate scientists , and promoted the myth of “global cooling.” Hard-won federal policies like the 2022 Inflation Reduction Act put that target within reach.

article thumbnail

California Air Resources Board Releases Draft Scoping Plan Update

Latham's Clean Energy Law Report

The Draft 2022 Scoping Plan Update takes an all-of-the-above approach to decarbonize California. On May 10, 2022, the California Air Resources Board (CARB) released its Draft 2022 Scoping Plan Update for public review and comment. By Joshua T. Bledsoe and Brian McCall.

article thumbnail

TCI Program Established to Reduce Carbon Emissions From Transportation

Latham's Clean Energy Law Report

See Latham’s blog post TCI Proposes to Reduce Carbon Emissions From Transportation in the Northeast.) See Latham’s blog post TCI Releases Framework for Draft Policy to Reduce GHG Emissions From Transportation.). The authors would like to thank Brittany Davis and Sabrina Singh for their contributions to this blog post.

article thumbnail

Global Briefing: Sweden to set world's first consumption-based climate goal

Business Green

In a blog post, OMB officials Candace Vahlsing and Danny Yagan wrote: "Climate change threatens communities and sectors across the country, including through floods, drought, extreme heat, wildfires, and hurricanes that affect the US economy and the lives of everyday Americans. Methane emissions soar to record high.