** Large businesses in California will have to disclose a wide range of planet-warming emissions under a new law Gov. Gavin Newsom signed Saturday — the most sweeping mandate of its kind in the nation. The law requires more than 5,300 companies that operate in California and make more than $1 billion in annual revenues to report both …
Category: EPA
Monday energy headlines
** General Motors (GM) has agreed to place battery manufacturing for electric vehicles (EVs) under its main agreement with the United Auto Workers (UAW) union, UAW President Shawn Fain announced on Friday. ** Exxon Mobil is expecting a third-quarter operating profit of between $8.3 billion and $11.4 billion, as increases in oil, gas and fuel …
Environmental enforcement displayed by New Mexico
Just as environmental enforcers in New Mexico announced this week their intention to crack down on oil and gas operations found in violation of emissions regulations, the state released a list of actions taken in September. The New Mexico Environment Department made available its Enforcement Watch. The Enforcement Watch is a listing of all active …
Energy quick reads
** Utah made $1.4 billion in royalty revenue from gas and oil production on public lands over the last decade. But a nonpartisan watchdog group reports that taxpayers missed out on millions because of the below-market royalty rate that the federal government charges oil and gas companies while also footing the bill for cleaning up …
Helicopter flyovers result in $700,000 in EPA fines for firms in New Mexico’s San Juan Basin
Three energy firms operating in New Mexico’s San Juan Basin have been hit with nearly $700,000 in penalties from the EPA for air quality violations discovered through helicopter flyovers. The firms were Logos Operating, LLC, DJR Operating, LLC and Enduring Resources, LLC. They not only have to pay the civil penalties but also carry …
Energy briefs
** A new directive that the Biden Administration quietly issued in September 2023 will accelerate the shift from the government buying fossil fuel vehicles to electric vehicles. The administration directed U.S. agencies to begin considering the social cost of greenhouse gases when making purchase decisions and implementing their budgets. ** U.S. Treasury Secretary Janet Yellen said on Tuesday the United …
Oil and gas operations in New Mexico to face environmental crackdown by state
Drillers and oil and gas operators in New Mexico will be targeted in the next six months by the State Environment Department in a crackdown on compliance assurance activities. The NMED promised in a release this week that it will “significantly increase” compliance activities in the Permian and San Juan Basins. The state plans …
Other energy updates
** The National Highway Traffic Safety Administration (NHTSA) is investigating more than 708,000 trucks and SUVs built by Ford and Lincoln due to reports of “catastrophic engine failures.” The agency expands investigation of vehicles all powered by a turbocharged 2.7- or 3.0-liter EcoBoost V6. ** The United Auto Workers union has reached a tentative contract agreement with Mack Trucks that covers about 4,000 workers …
Quick energy reads
** The White House is prohibiting senior administration officials from traveling for international energy engagements that promote carbon-intensive fuels, including oil, natural gas and coal, Fox News Digital has learned. ** Californians are bracing for Gov. Gavin Newsom’s (D) impending signoff on a seminal slate of rules that would require large companies to disclose both their greenhouse gas …
Headlines
** Economists at the Energy Information Administration predict on average, US residential electricity prices in the US will decline by 1%. ** Nuclear power plants using low-cost electricity to make hydrogen from water, an emerging fuel, could play a role in the energy transition, the head of a U.S. office that distributes billions of dollars in loans …