Natural Gas
Coal-fired power plants nationwide will either have to close by 2039 or use carbon capture and storage or other technologies to capture 90% of their emissions by 2032 under EPA’s long-awaited final rule.
A series of presentations and panels at the BloombergNEF Summit provided a measure of the industry’s success in crafting a narrative based on a “balanced” and well-paced transition that includes cutting egregious emissions and scaling carbon capture and storage technologies.
The Massachusetts AGO and DOER expressed concern about the climate effects of proposed utility supply contracts to keep the Everett LNG import facility operating until 2030.
A DOE report on resource adequacy says firms investing in natural gas capacity could be retrofitted with carbon capture and storage, or the ability to burn clean hydrogen.
FERC rejected rehearing requests on the expansion of the Gas Transmission Northwest pipeline’s capacity into the Northwest over three states’ objections and Commissioner Allison Clements’ dissent.
Energy Secretary Jennifer Granholm defended her department’s $51 billion budget proposal for FY25 before hostile Republicans on the Senate Energy and Natural Resources Committee.
The federal government has finalized rules that will decrease the cost of siting renewable energy generation on public land and increase the cost of leasing it for oil and gas development.
The D.C. Council has approved a bill aimed at electrifying 30,000 low-income homes across the district by 2040, but a fight is brewing over funding for the program.
Proposed supply agreements between Constellation and Massachusetts gas utilities which would keep the Everett Marine Terminal operating through 2030 are facing pushback from environmental organizations and the Attorney General’s Office.
Many recent projections for energy use have fossil fuel use plateauing after 2030, when it needs to rapidly decline to meet midcentury carbon targets, Resources for the Future said.
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