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
Read More...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”
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