Supporters of climate litigation are leaning into alternative strategies to extract dollars from the American energy industry. Last Tuesday, Vermont’s state Senate passed a “climate superfund” bill that would fine American energy companies to pay for the effects of climate change. Similar legislation has also been introduced in Maryland, New York, Massachusetts, and most recently
Read More...The indefinite U.S. LNG export pause by the Biden administration continues to raise experts’ eyebrows and spark reactions domestically and internationally. This week, JP Morgan CEO Jamie Dimon called the move “enormously naïve,” while a House Energy and Commerce field committee hearing highlighted the ban’s ramifications on education and workforce development. JP Morgan CEO Jamie
Read More...On Monday, reputable policy and legal experts – including state attorneys general, business groups, former DOJ officials, and distinguished law professors – asked the Supreme Court of the United States (SCOTUS) to put an end to the outlandish legal attacks against America’s energy producers. The slew of amicus briefs support petitions filed by energy companies
Read More...In the first public meeting since Bucks County filed a climate lawsuit against American energy companies, local Pennsylvanians rebuked the litigation and Republican Commissioner Gene DiGirolamo formally withdrew his support after facing backlash. As the Delaware Valley Journal reports: “I have considered this for the past seven or eight days,” said DiGirolamo. “And at this
Read More...While 2024’s first quarter showed steady oil and gas activity, political and regulatory hurdles – most notably the administration’s recent pause on U.S. liquified natural gas (LNG) exports exports – have created widespread worry amongst exploration and production (E&P) firms. The recent Dallas Fed Energy Survey, conducted between March 13 and March 21 and
Read More...Less than 24 hours after Bucks County, Pennsylvania filed a climate lawsuit against essential energy producers it seems like the only ones applauding the commissioners’ decision are Washington D.C. climate activists. Meanwhile, voices across the state are decrying the lawsuit as “hypocritical,” “non-sensical,” and “abusive” while highlighting that the suit was seemingly discussed with little
Read More...After years of environmental activists circling Pennsylvania officials in hopes they’d be the “cherry on top” of their lawfare campaign, Bucks County took the bait and filed a suit on Monday against essential energy producers. But many questions remain, including why the suit was debated quietly with little evident public input and to what extent
Read More...The liquified natural gas (LNG) export permitting freeze was at the top of the news cycle again this week as S&P Global’s CERAWeek and Energy Week in Congress took place, with Energy Secretary Jennifer Granholm laying out a timeline for the pause. Kind of. At CERAWeek, Secretary Granholm said: “By the time we meet here
Read More...‘Electrify Everything’ advocates are once again attempting to circumvent voters to pass backdoor natural gas bans. That’s because time and again voters have expressed that they want consumer choice when it comes to how they heat their homes and cook their food. In fact, many Americans want to keep their gas stoves. Source: Grist, December
Read More...A new Gradient report takes a closer look at recent research from RMI claiming 12 percent of childhood asthma cases can be linked to gas stoves, calling attention to numerous flaws in the study. The Gradient report – which was commissioned by the American Gas Association – calls attention to the “miscalculations and misinterpretations” of
Read More...The Oil and Gas Climate Initiative (OGCI), which counts the world’s largest oil and gas companies among its membership, plans to extend its pioneering methane monitoring campaign to seven or eight new countries, according to reporting in the Financial Times Monday morning. This announcement is particularly noteworthy as according to the International Energy Agency’s (IEA)
Read More...The latest data from the U.S. Energy Information Administration shows that the United States has produced “more crude oil than any country, ever,” for the past six years. U.S. crude production reached record levels in 2023, averaging 12.9 million barrels per day. According to the EIA, crude oil production in the Permian Basin was the
Read More...Last Wednesday, UK Chancellor of the Exchequer Jeremy Hunt announced that the windfall tax on UK oil and gas firms will remain in place for another five years, until March 2029. The levy, which has already driven away investment and reduced production in the North Sea, was previously set to end in 2028. As EID
Read More...American energy companies asked the U.S. Supreme Court last week to overturn a ruling that allowed Honolulu’s climate lawsuit against the industry to move forward. This is the first time the Supreme Court has had the opportunity to tackle the merits of the cases head-on, marking a milestone in the litigation campaign. Energy companies have
Read More...The Biden administration’s decision to pause new liquefied natural gas export permits was based off a study that was deliberately published prior to peer review, and is part of a broader effort to “get rid of fossil fuels as quickly as possible,” according to the author of the study. In the latest round of environmental
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