News

Biden wants to launch 16 offshore wind farms. Can he?

Source: By Heather Richards, E&E News • Posted: Thursday, December 1st, 2022

The agency tasked with realizing President Joe Biden’s offshore wind ambitions needs to move fast. To meet the administration’s larger decarbonization goals, the White House wants to help raise 30 gigawatts of offshore wind power by 2030 — a pledge that will require pushing 16 individual wind farms through the regulatory gauntlet by the end of Biden’s first term. So far, the Bureau of Ocean Energy Management has only approved two of those farms.

Colorado: Capital of ‘responsibly sourced’ oil and gas

Source: By Mike Soraghan, E&E News • Posted: Wednesday, November 30th, 2022

The Dream Weaver oil well pad is notable for what’s not here. No emissions. No flares. No tanker trucks rumbling in and out. Oil, gas and wastewater get whisked miles away by pipeline, not stored on site. Air monitors mounted on poles sniff for signs of methane leaks. The site has been declared by a rating firm to be more responsible than 75 percent of other operators. “That’s the future of oil and gas,” said Brian Cain, chief sustainability officer for Civitas Resources Inc., pointing to the equipment at the company’s 22-well site, masked by yellow-beige fencing.

Tesla Has California to Thank for Its First Semi Truck Delivery

Source: By Dana Hull, Bloomberg • Posted: Wednesday, November 30th, 2022

When Tesla moved its headquarters to Texas a year ago, the former head of the powerful California Air Resources Board said Elon Musk lacked gratitude for the role the state played in the carmaker’s rise. California’s zero-emission vehicle mandate required automakers that didn’t sell enough electric vehicles to buy credits from Musk’s company before it was making any money. Tesla has grown to where it can now stand on its own two feet, but it still has reasons to be thankful for its former home state. This week’s Semi delivery event is a perfect example: Five years after Musk rode on stage in a prototype during an unveiling event, some of his first production trucks will go to a project CARB supported with $15.4 million in funding.

Biden Administration Pressed by Allied Nations to Revise EV Subsidy Program

Source: By Yuka Hayashi, Wall Street Journal • Posted: Wednesday, November 30th, 2022

The Biden administration finds itself caught between its domestic-policy goals and some of its closest allies as it races against the clock to set the ground rules for new electric-vehicle subsidies. The Treasury Department’s Internal Revenue Service faces a year-end deadline to propose a guideline for how to qualify for EV tax incentives of up to $7,500 per vehicle under the tax and climate spending legislation known as the Inflation Reduction Act that President Biden signed in August.

Why America Doesn’t Have Enough EV Charging Stations

Source: By Jennifer Hiller, Wall Street Journal • Posted: Wednesday, November 30th, 2022

One of the biggest roadblocks to the mass adoption of electric vehicles is the troubled business model for the commercial chargers that power them. The government is pouring billions of dollars into developing a national highway charging network. But businesses aren’t sure how they will make money, and the nascent industry looks messy. Utility companies and gas stations are at war with each other over who will own and operate EV chargers. Rural states say some charging stations could operate at a loss for a decade or more. New companies that provide charging gear and services are contending with the equipment’s spotty reliability.

Biden begins new phase on climate action

Source: By Scott Waldman, Benjamin Storrow, E&E News • Posted: Wednesday, November 30th, 2022

The Treasury Department underscored Biden’s message Tuesday with a preview of the tax guidance that companies need to start taking advantage of the Inflation Reduction Act’s subsidies. The law will hand out billions in subsidies for everything from wind and solar projects to carbon capture facilities and electric vehicles. But to receive the full benefit of those subsidies, companies will need to comply with a series of labor and domestic content provisions. Many clean energy firms have been waiting on the rules before greenlighting new investments

Biden admin proposes methane rules for public lands

Source: By Heather Richards, E&E News • Posted: Tuesday, November 29th, 2022

The Biden administration Monday released highly anticipated draft rules to stem the release of methane from oil and gas drilling on public lands. The proposed rules from the Bureau of Land Management would mandate that operators maintain leak detection and repair plans for their operations on federal or Native American leases. BLM would also limit how much gas can be flared from a well site due to lack of pipeline to carry the gas to market — the primary reason companies cite for flaring on public lands.

Houston power outage triggers boil water notice for millions

Source: By Hannah Northey, E&E News • Posted: Tuesday, November 29th, 2022

The nation’s fourth-largest city — Houston — remains under a boil-water notice Monday after a power outage at the city’s water treatment plant triggered a drop in pressure that knocked out the delivery of safe drinking water for more than 2.2 million people. Officials there are casting the order as precautionary, noting that pressure was immediately restored at the East Water Purification Plant after two transformers failed to deliver power and were quickly brought back online.

Leaders to decide fate of spending, permitting bills

Source: By Jeremy Dillon, E&E News • Posted: Tuesday, November 29th, 2022

Lawmakers could decide the fate of a long-term spending bill in the coming days, along with plans for the must-pass defense authorization and permitting reform legislation. Preventing a government shutdown after Dec. 16 — when a continuing resolution passed in October expires — is the top priority for the remainder of the 117th Congress that formally ends Jan. 3. But Democrats and Republicans have yet to agree on a topline spending number, putting into question the viability of a fiscal 2023 omnibus package to give agencies — including EPA and the Energy and Interior departments — spending increases.

Big Oil made big bucks. Will the windfall fund green energy?

Source: By Benjamin Storrow, E&E News • Posted: Tuesday, November 29th, 2022

Few companies capture the contradictions of the oil industry like TotalEnergies. The French oil major is moving quickly into businesses outside of oil, snapping up large renewable companies in Brazil and the United States, even as it pushes to develop new oil fields in Africa and grow its liquefied natural gas division. So goes the energy transition in the oil sector, where a handful of European oil giants are seeking to balance the world’s short-term need for fossil fuels with its long-term goal of achieving net-zero emissions.