Ahead of the two-year anniversary of the implementation of the United Kingdom’s windfall tax, Energy in Depth examines its continued negative impact on the North Sea oil and gas sector. As EID has previously discussed, the windfall tax (formally known as the Energy Profits Levy) was introduced in May 2022 and increased from its
Read More...Today, Senator Sheldon Whitehouse (D-RI) and Representative Jamie Raskin (D-MD) announced they are yet again asking the Department of Justice (DOJ) to launch a worn out, politically-motivated investigation into the fossil fuel industry. The move comes after the Senate Budget Committee failed to produce a shred of new evidence at a hearing earlier this month intended to build off the House
Read More...After nearly five years of deliberation and activist pressure, Michigan Attorney General Dana Nessel has announced her intent to file a climate lawsuit against American energy producers. This time, however, out-of-state activists are calling on the attorney general to turn the dial up a notch and include auto manufacturers and utilities in its meritless “deception”
Read More...Liquified Petroleum Gas (LPG), commonly known as propane, plays a key role in decarbonizing households in rural communities across the world. During the International Energy Agency’s inaugural Clean Cooking Summit last week, global energy leaders gathered to discuss tactics to increase awareness around LPG and develop action plans to help communities transition to clean cooking
Read More...California’s relentless war against oil and natural gas companies is poised to increase costs not only in California but also in the battleground states of Nevada and Arizona. But when California Attorney General Rob Bonta took to the stage at San Francisco Climate Week last month to promote the Golden State’s climate suit against the state’s energy producers, he had
Read More...As the tech industry invests more heavily in data centers for the growing Artificial Intelligence (AI) market, natural gas will be essential to meet surging electricity demand. According to Wells Fargo, electricity demand is forecast to grow as much as 20 percent by 2030 due to the rise in AI. The oil and natural gas
Read More...California’s crusade against energy production is kicking into high gear with a series of bills, lawsuits, and new laws that threaten to send prices even higher across the Golden State. It’s no secret the state’s hostility towards oil and natural gas has already led to the highest gasoline prices in the country, rolling blackouts, increased
Read More...Opposition to the Rockefeller-backed LNG export “pause” keeps pouring in from Republicans and Democrats alike. Last week, eight moderate Democratic members of Congress sent a letter to President Biden requesting regular updates on the Department of Energy’s evaluation of LNG exports and more clarity on the timeline of the pause. Many of the letter signers
Read More...A Pennsylvania state senator plans to introduce legislation prohibiting municipalities that file climate lawsuits against energy companies from reaping the economic benefits of the oil and gas industry. Announced in light of Bucks County’s recent climate lawsuit and the activist group Center for Climate Integrity (CCI)’s pitch to Allegheny County, the legislation marks the latest
Read More...Researchers from Stanford University recently teamed up with Physicians, Scientists, and Engineers for Healthy Energy (PSEHE) on a new gas stove study (Kashtan et al.) that attempts to link the appliance to increased asthma risk. But like the team’s previous research, the findings relied on unrealistic cooking conditions to conclude: “Gas and propane stoves increase
Read More...Natural gas is responsible for the majority of reductions in carbon dioxide emissions from the power sector, according to the Energy Information Administration’s 2023 U.S. Energy-Related Carbon Dioxide Emissions report. The data once again demonstrates the critical role natural gas plays in reducing U.S. CO2 emissions. Read the full post on EIDClimate.org. The post EIA:
Read More...Last week at the World Energy Congress, a global event hosting thousands of the world’s most important energy stakeholders in the Netherlands, executives, experts, and diplomats all repeated the same message: the world needs to lower carbon emissions without compromising the supply of oil and natural gas. Whilst oil and natural gas is diversifying, millions
Read More...The Senate Budget Committee took the House Democrats’ political-theatre-esque investigation into energy companies and turned it into a complete political dud. At a hearing Wednesday intended to build off of the House Oversight Committee’s (HCOR) failed investigation into energy companies back in 2022, Democratic politicians and activist witnesses failed to produce anything of substance to
Read More...UPDATE (4/30/24): Today, Joint staff from the Senate Budget Committee and the House Oversight Committee released their long-awaited report concluding a “nearly three year-long” investigation into oil companies. Spoiler alert: as E&E News put it the first time around, the investigation continues to show that “oil and gas companies, for the most part, want to
Read More...Despite local resistance from Pennsylvania workers, on April 10, a Rockefeller-funded activist organization that recruits municipalities, cities, and states across the country to join the litigation campaign pitched their anti-energy playbook to the Allegheny County Council Committee on Sustainability and Green Initiatives. The Center for Climate Integrity’s (CCI) presentation came days after a wide variety
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