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New EPA Proposal to Augment Methane Regulations Would Help Achieve an 87% Reduction From the Oil and Gas Industry by 2030

Inside Climate News

Steep reductions in emissions of methane—which traps 81 times as much heat as carbon dioxide in the first 20 years in the atmosphere—are among the most important steps for slowing climate change in the short term. oil and gas sector by 87 percent below 2005 levels by the end of the decade, the agency said.

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OCSLA Amendments Pave the Way for Carbon Sequestration in Offshore Federal Waters

The Energy Law Blog

The Infrastructure Investments and Jobs Act (the “Act”), which was passed into law on November 15, 2021, included key amendments to the Outer Continental Shelf Lands Act (“OCSLA”) that pave the way for carbon sequestration in offshore federal waters. However, these provisions did not directly address leasing for carbon sequestration.

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Capping Oil and Gas Emissions: We Have the Framework, Now Where Do We Go From Here? 

Enviromental Defense

The next step is the release of the draft regulations, by April 2024. The draft regulations will then be followed up with final rules, so that the emissions cap is active by the start of 2025. The emissions cap regulation has already been delayed repeatedly. We can’t afford further delays in this key policy.

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Why Energy Bills Will Be Even Higher This Winter

Union of Concerned Scientists

Power companies will therefore have to pay more for the fuel, but utilities are generally allowed by state regulators to pass those cost increases onto their customers in the form of higher electricity rates. Methane is more than 80 times as powerful at warming the planet over a 20-year time frame than carbon dioxide. .

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A Quick Science Refresher on Greenhouse Gas

Greenbuilding Law

But make no mistake, the larger issue is the regulation for the first time of GHGs (including carbon) which will literally change the structure of the global economy, our political order, market capitalism and even our biological selves.”. In 2020, carbon dioxide accounted for about 79% of all U.S. emission trends.

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Climate Choices Part I — N.C. and the Regional Greenhouse Gas Initiative

Smith Enviorment

A later post will cover the North Carolina Utilities Commission (NCUC) Carbon Reduction Plan. The two approaches share goals of reducing greenhouse gas emissions 70% by 2030 (from a 2005 baseline) and achieving carbon neutrality by 2050. Seven northeastern states created RGGI in 2005. Background on RGGI. The draft N.C.

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Is It Possible to Phase Out Petroleum and Transform our Transportation System?

Union of Concerned Scientists

o C in 2100, relative to pre-industrial times, is still avoidable, but whether or not we are able to stay within these limits and avert catastrophic climate change depends on achieving our climate goals of emissions reductions at least 50 percent below 2005 levels in 2030, on the way to net-zero emissions in 2050.