With President Biden upending the Presidential race by formally withdrawing and endorsing Vice President Kamala Harris, the future of energy policy could also see some significant changes under a future Harris administration. In many ways, Harris will be associated with many of the current president’s key initiatives, representing the White House as part of the
Read More...Continued investment in oil and natural gas is critical while carbon capture and removal technologies will play a key role in meeting decarbonization targets, according to oil and natural gas supermajor bp in its 2024 Energy Outlook. BP’s energy outlook assesses two scenarios: current trajectory and net zero. The current trajectory scenario is meant
Read More...On July 5, the U.K.’s Labour Party secured a landslide victory in the General Election, winning 412 seats out of 650, and marking a significant shift in the U.K.’s political landscape. Following the election, the U.K. oil and gas industry continues to voice concerns over Labour’s pledges to extend the windfall tax and end new
Read More...Environmental activists are leading the charge in calling for President Biden’s ouster following his widely-panned debate performance. The group Climate Defiance is planning a “protest and blockade” outside the Democrat National Committee on Friday to protest Biden’s nomination and rumors of a potential virtual rollcall to hasten Biden’s nomination, E&E News reports. Climate Defiance, a
Read More...In a massive loss for the nationally-coordinated climate litigation campaign, a Maryland state judge dismissed the City of Baltimore’s lawsuit against energy companies last week. The ruling firmly rejects the cornerstone legal theory behind the litigation, explaining that state law cannot be used to advance national energy policy and address a global phenomenon such as
Read More...American energy continues to dominate as U.S. oil and natural gas are credited with playing a key role in meeting domestic and global energy demands in 2023. The Energy Institute’s (EI) 2024 Statistical Review of World Energy provides numerical insights into global energy production, consumption, trade, and emissions from 2023, and highlights the United States’
Read More...Department of Energy Deputy Secretary David Turk defended his administration’s LNG pause while repeatedly dancing his way around questions on when it would end at Wednesday’s House Science, Space, and Technology hearing on the DOE Fiscal Year 2025 budget proposal. In response to questions on the timeline, Dep. Sec. Turk repeatedly answered: “What we are
Read More...Senior Climate Adviser to the White House, John Podesta, praised the oil and gas industry and defended its continued development in recent comments to the Guardian: “The US is now the number one producer of oil and gas in the world, the number one exporter of natural gas, and that’s a good thing, because following
Read More...Last year, American companies flared and vented the lowest volume of natural gas in almost two decades. The U.S. Energy Information Administration preliminary estimate for 2023 reports volumes of vented or flared gas declined to .5 percent of gross withdrawals, demonstrating how industry best practices have worked to keep natural gas in the pipes and
Read More...New Yorkers may be in for a new energy tax if Governor Kathy Hochul enacts climate Superfund legislation that attempts to stick energy companies with billions in new fees for alleged climate adaptation costs. The Superfund bill in New York comes as Vermont recently enacted a similar law, while states like Maryland and California discarded
Read More...A D.C.-based, Rockefeller-funded, anti-energy organization that recruits municipal and state plaintiffs is increasing pressure on Wisconsin to join the climate litigation campaign. The Center for Climate Integrity published a report this week on the estimated costs of climate change adaptation in Wisconsin, where activists and billionaire donors have worked overtime to push the state’s attorney
Read More...The federal government owns roughly 640 million acres, or 28 percent of the United States. More than 90 percent of those lands are located in the 11 contiguous western states and Alaska. Senators from Western States across the country recently voiced concerns over the abuse of that land during a Senate Committee on Energy and
Read More...The U.S. Supreme Court is once again forcing the Biden Administration to get involved with climate litigation. This morning, the Court asked the U.S. Solicitor General for her opinion on a petition appealing Honolulu’s climate lawsuit, which centers upon the merits of the litigation writ large. The move, Law360 reports, “suggests a willingness to take
Read More...Recent polling proves President Biden’s pause on liquified natural gas (LNG) export approvals remains unsupported. The American Petroleum Institute (API) released polling showing 89 percent of Americans, including Republicans, Democrats, and Independents, believe the United States should continue to supply natural gas to our European allies and other countries. On the results of the poll,
Read More...Tomorrow morning, the U.S. Supreme Court will discuss whether to add Honolulu’s climate lawsuit to the docket this term, marking the first time the Court has had a chance to weigh in on the merits of the litigation. With news of whether SCOTUS will review the case coming as early as Monday, a slew of
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