Although natural gas production rose by 40 percent from 2015 to 2022, methane emissions simultaneously fell by 37 percent, according to an analysis by environmental groups Ceres and the Clean Air Task Force (CATF) using Environmental Protection Agency data. The report also states that overall greenhouse gas emissions fell by 14 percent while methane and
Read More...Four months after the Biden’s administration decided to pause permitting approval for LNG exports, experts have continued to emphasize the policy’s damaging effects on the American economy and allies’ energy security. Speaking this month at the Qatar Economic Forum in Doha, Ken Griffin, CEO of hedge fund Citadel, said that the decision was an “incoherent”
Read More...The Memorial Day weekend marked the start of summer driving season, and consumers are in a good spot thanks to American oil production. In fact, last week the Wall Street Journal reported that despite geopolitical tension and increased demand, gas prices are remaining steady: “A slow-but-steady decline pushed the average U.S. cost of regular gasoline
Read More...Nineteen state attorneys general are challenging the “radical” climate policies of five Democrat-run states, alleging in a new complaint filed with the U.S. Supreme Court that the states’ climate lawsuits are jeopardizing access to affordable and available energy across the country.Nineteen state attorneys general are challenging the “radical” climate policies of five Democrat-run states, alleging
Read More...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...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
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