Quick reads

** Police arrested six protesters Tuesday who tried to disrupt the start of land-based testing for New Jersey’s first offshore wind farm. But the work progressed anyway.

** A former leader at three top U.S. automakers has shared his no-nonsense take on America’s attempt to transition to electric vehicles (EVs). Bob Lutz, former executive at General Motors, Ford and Chrysler, told businessman John Catsimatidis on a recent episode of the Cats Roundtable podcast: “The government fuel economy rules … are such that they basically cannot be met without broadscale electrification.

** Chevron New Energies bought a 78% stake in the Advanced Clean Energy Storage project in Utah from Haddington Ventures, a Houston-based private equity firm, the oil explorer announced Tuesday. The project will store hydrogen made from renewable energy in two giant salt caverns.

** The U.S. economy is on track to spew between 35% and 43% less carbon dioxide by 2030 from 2005 levels as a consequence of the Inflation Reduction Act (IRA), a U.S. government report released on Tuesday showed.

** The U.S. exported more liquefied natural gas (LNG) than any other country in the first six months of 2023, regaining the top spot after the restart of a fire-idled Texas plant, the Energy Information Administration (EIA) said on Tuesday, citing data from industry body Cedigaz.

** The White House on Tuesday said it strongly opposes a Republican bill set to be voted on this week by the U.S. House of Representatives that would prevent California from receiving federal waivers to set standards limiting the sale of new gas-powered motor vehicles.

** The Biden administration is recommending changes to a 151-year-old law that governs mining for copper, gold and other hardrock minerals on U.S.-owned lands, including making companies for the first time pay royalties on what they extract.

** A company seeking to restart a southwestern Michigan nuclear power plant said Tuesday it has taken a major step forward with the signing of a power purchase agreement.


** The International Energy Agency’s latest projections suggest global demand for the three primary energy sources — oil, gas, and coal — will peak this decade. In a Tuesday column published in the Financial Times, the executive director for the IEA, posited that “the age of seemingly relentless growth” for fossil fuel demand is at the beginning of the end.

** Global energy giant BP, one of Britain’s biggest and most recognizable companies, is scurrying to find a new chief executive after CEO  became the latest corporate leader to step down amid questions about his personal conduct.

** The dispute between Chevron and workers at its two liquefied natural facilities (LNG) in Australia will be heard by the industrial relations tribunal on Sept. 22, potentially offering a resolution to strikes which began last Friday.

** Brussels has launched a probe into Chinese state subsidies for electric vehicle makers, as it vowed to protect Europe’s car industry from a “race to the bottom”. European Commission chief Ursula von der Leyen warned that subsidies for Chinese car makers risked undermining competition in the bloc and posed a threat to the continent’s manufacturing sector.