The U.S. Chamber of Commerce has announced support for a draft bill aimed to scale back EPA’s proposed emissions rules for new power plants. On November 11, 2013, the U.S. Chamber of Commerce wrote to Congress expressing support for a draft bill that would limit the Environmental Protection Agency’s (EPA) ability to set greenhouse gas… Keep reading →
The intragency panel price per ton of carbon incorporated into the Environmental Protection Agency’s microwave rule seems to set the standard, or at least the starting point, for the federal government’s estimate of the social cost of carbon. Benjamin Zycher, visiting scholar at the conservative American Enterprise Institute, has argued that that cost “fails”. Zycher hosted… Keep reading →
Devon has agreed to pay GeoSouthern Energy $6 billion for assets in the Eagle Ford shale that currently produce 53,000 barrels per day of oil equivalent and hold recoverable resources of 400 million boe, most of that proved reserves. [Devon] Oil and gas producer Cabot will pay a $975,000 civil penalty and spend an estimated… Keep reading →
EPA encourages contingency plans as Southwest, Lower Mississippi Basin, and Florida appear to be on unsustainable water use trajectories. EPA has issued a new report on the Importance of Water to the U.S. Economy with the aim of (1) raising awareness of water’s importance to U.S. economic welfare and (2) assembling critical information to sustainably… Keep reading →
The US Environmental Protection Agency (EPA) released its proposal for mandated levels of renewable fuels blended into gasoline and diesel on Friday. The proposal aims to find a balance between encouraging the continued growth of the biofuels sector and avoiding blending more ethanol into the motor fuel pool than some engines can safely handle. Production… Keep reading →
On September 23, the Environmental Protection Agency (EPA) updated its 2012 New Source Performance Standards (NSPS) and National Emission Standards for Hazardous Air Pollutants (NESHAP) rule, which indirectly regulates fugitive methane emissions at the production phase of oil and natural gas development. EPA will use outcome data from the NSPS NESHAP rule to determine whether… Keep reading →
According to the International Energy Agency, power generation from non-hydro renewable sources including solar, wind and bioenergy will exceed gas and nuclear by 2016 and renewable power is expected to increase by 40% in the next five years. “Combined heat and power (CHP), also known as cogeneration, is the simultaneous production of electricity and heat… Keep reading →
As the United States moves closer to imposing an economic cost on carbon dioxide emissions in the form of emissions limits on power plants, there will be a shift in the ranking of fuels that are most economic for power generation. And while nuclear’s future is looking more promising, it is not certain that it… Keep reading →
“Yet another reason to hate fracking: It’s connected with an increase in STDs, car crashes, drug-related crimes, and sexual assault in areas where the oil and gas industry sets up shop.” The article then goes on to explain that it’s actually not hydraulic fracturing that’s linked to these things, it’s working conditions at oil and… Keep reading →
The API has challenged EPA’s 2013 RFS mandate, claiming that the volumetric targets are unrealistic. On October 8, 2013, the American Petroleum Institute (API) filed a lawsuit in the District of Columbia Circuit Court of Appeals challenging the Environmental Protection Agency’s (EPA) 2013 Renewable Fuel Standard (RFS) volumetric requirements, claiming the 6 million gallon (MG)… Keep reading →
