** The U.S. Energy Department is loaning $700 million to a Nevada lithium mining operation becoming only the second in the U.S. to get support from the Biden administration. ** Alaska Gov. Mike Dunleavy outlined proposed legislation for Alaska to capitalize on carbon markets, seeking to diversify state revenues long heavily reliant on proceeds from oil. …
Category: EPA
Rep. Bice goes after the SEC and its environmental calculations
Oklahoma Congresswoman Stephanie Bice is taking on those environmental calculations the Biden administration, especially the SEC, favors in its attempts at climate-related disclosures. The Republican Representative from the 5th congressional district introduced the Stop Environmental calculations Act. It is aimed at the U.S. Securities and Exchange Commission and would stop the SEC from requiring …
Energy headlines
** The N.C. Utilities Commission’s first-ever plan to reduce carbon dioxide emissions caused by generating electricity in the state has been met with widespread criticism. Environmental groups and solar energy trade associations have argued that the plan unnecessarily limits the amount of new solar energy while allowing Duke Energy to move forwa ** After proving it could …
Other story headlines
** In the same week that the Biden administration reversed course on whether a ban on the sale of new gas stoves is under consideration, New York Gov. Kathy Hochul proposed banning fossil fuel infrastructure, including lines that power gas stoves and furnaces, in smaller new residential buildings by 2025 and in larger ones by 2028. ** …
Headlines of more stories
** Rep. Nancy Mace, R-S.C., filed a bill Wednesday that would require Transportation Secretary Pete Buttigieg and his staff to fly commercial until a Southwest Airlines debacle and a Federal Aviation Administration computer glitch that caused thousands of flight cancelations Wednesday were fully investigated and resolved. ** A Colorado dentist accused of setting a fire that damaged …
Headlines of other energy stories
** Federal Reserve Chairman Jerome Powell said Tuesday it would be “inappropriate” for the central bank to plunge itself into the fight against climate change. ** Average wholesale electricity prices at major trading hubs in the United States rose throughout much of 2022 and were, at times, volatile as a result of extreme weather events reported …
Energy headlines
** The ozone layer — the atmospheric shield that prevents harmful ultraviolet light from reaching the Earth’s surface — is on track to recover, United Nations (U.N.) scientists said on Monday. The U.N. said the ozone layer has shown recovery and will return to its 1980 levels over the next several decades. ** The Congressional Western …
Energy headlines
** An alleged terror attack temporarily disables a 100 MW solar array in Nevada that provides power to 13 Las Vegas casinos. ** The U.S. Department of Energy has rejected the first batch of bids from oil companies to resupply a small amount of oil to the nation’s emergency crude oil stockpile in February, according to a …
Headlines of other energy stories
** U.S. natural gas futures plunged close to 11% to a one-year low on Thursday on a smaller-than-expected storage draw and forecasts for warmer-than-normal weather to continue into late January. That should keep heating demand low during what is usually the coldest part of the year and allow utilities to leave more gas in storage …
EPA backs off crackdown of oil producers in Permian Basin
The EPA apparently decided against a proposal to crack down on smog in the Permian Basin and it was called a “win” for oil producers in the region. Devon Energy is among those producers. The idea was not part of the EPA’s recent release of an agenda of planned regulations reported Bloomberg. Click here …