** The richest 10% of U.S. households produce 40% of the country’s greenhouse gas emissions, reports a study that takes into account how people live, travel and make money.
** More than 100 new clean energy, battery and electric vehicle manufacturing facilities and expansions have been announced since the Inflation Reduction Act’s passage a year ago.
** Environmental justice advocates, including the White House’s own advisory board, say the Biden administration is forcing carbon capture and storage projects on disadvantaged communities that have disproportionately suffered from pollution.
** Officials at Washington Dulles International Airport break ground on a 100 MW solar and 50 MW battery facility that is the largest renewable energy project at a U.S. airport.
** U.S. natural gas futures fell about 3% to a three-week low on Wednesday as the amount of gas flowing to liquefied natural gas (LNG) export plants remained low due to maintenance outages and as European gas prices dropped on hopes Australia will avoid strikes at LNG plants.
** U.S. supermajor Chevron and its partners at Brightmark said Wednesday they delivered the first batch of natural gas derived from the decomposition of animal waste at a farm in Florida.
** Old Dominion has stepped in with a $1.5 billion stalking horse bid for Yellow Corp.’s terminals, outpacing the $1.3 billion offer from less-than-truckload (LTL) trucking competitor Estes Express Lines.
World
** Colombia’s majority state-owned oil company Ecopetrol is looking at the possibility of restarting exploration at eight suspended oil and gas contracts, chief executive Ricardo Roa said on Wednesday.
** The Biden administration is funding a $4 million project to determine a connection between child labor and climate change in the South Asian country of Nepal.
** The Trans Mountain Expansion (TMX) project has asked Canadian regulators for a route deviation on a 1.3-kilometre (0.8 mile)section of pipeline in British Columbia, months before the 600,000 barrel per day project is due to start shipping crude.
** Iran plans to keep raising oil production as back-door diplomatic efforts with the US appear to be easing pressure on the Middle Eastern nation. The Islamic republic expects to boost production to 3.4 million barrels a day by the end of summer, according to Oil Minister Javad Owji.
** U.S. officials are drafting a proposal that would ease sanctions on Venezuela’s oil sector, allowing more companies and countries to import its crude oil, if the South American nation moves toward a free and fair presidential election, according to five people with knowledge of the plans.
** Over 200 ships are stuck in a major traffic jam on either side of the Panama Canal, with some ships trapped for more than three weeks waiting to get through, according to data from Project44 reviewed by Insider. Most of the stuck vessels are bulk cargo ships or gas carriers, according to the “Today” show.
