article thumbnail

U.S. May Have Hit Peak Natural Gas Power Generation, Report Says

Yale E360

electricity generation using natural gas likely hit its peak in 2020, according to a new report from the Institute for Energy Economics and Finance (IEEFA), which finds that cheaper wind and solar are edging gas off the power grid. In the U.S., Read more on E360 ?.

article thumbnail

Fossil Fuels Received $5.9 Trillion In Subsidies in 2020, Report Finds

Yale E360

Coal, oil, and natural gas received $5.9 trillion in subsidies in 2020 — or roughly $11 million every minute — according to a new analysis from the International Monetary Fund. Read more on E360 ?.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Problems with Liquefied Natural Gas

Ocean Conservancy

There is no time to waste on false climate solutions like Liquified Natural Gas (LNG)—a fossil fuel with serious global warming and public health implications. Liquified natural gas is not exactly “natural”. extraction, production, transport, storage and use) of LNG to answer these questions. What is LNG?

article thumbnail

IFO Reports 2023 PA Natural Gas Production Up 1.0% Over 2022, Thanks To Strong Q4 Production; Fewest New Wells Drilled In Last Decade

PA Environment Daily

On February 26, the Independent Fiscal Office reported 2023 Pennsylvania natural gas production was up 1.0% Total annual production was 7,520 billion cubic feet in 2023; 7,441 billion cubic feet in 2022; 7,563 billion cubic feet in 2021; 7,077 billion cubic feet in 2020; and 6,816 billion cubic feet in 2019.

article thumbnail

Independent Fiscal Office Reports Lowest Quarterly Natural Gas Production In PA Since 4th Quarter Of 2020, First Decrease In Production Growth Since 2018

PA Environment Daily

On May 26, the Independent Fiscal Office reported the lowest recent quarterly natural gas production in Pennsylvania since the fourth quarter of 2020 and a 105 billion cubic foot decrease (0.6%) in production since the fourth quarter of 2021. There were 136 new horizontal wells spud (drilled)in the first quarter of 2022.

article thumbnail

Wind Energy Accounted for 42 Percent of New U.S. Power in 2020

Yale E360

capacity in 2020, while solar supplied 38 percent and natural gas the remaining 20 percent. Wind energy accounted for the bulk of new power-generating capacity in the United States last year, according to a trio of new reports from the Department of Energy. In total, wind supplied 42 percent of new U.S. Read more on E360 ?.

2020 152
article thumbnail

Inside Climate News: Gov. Shapiro Provides Fresh Support To Key Changes Recommended In 2020 Grand Jury Report To Tighten Regulation Of The Natural Gas Drilling Industry To Better Protect Public Health, Environment

PA Environment Daily

billion gallons of conventional and shale gas drilling wastewater generated in Pennsylvania annually that included a statement from Gov. Shapiro’s office supporting “key recommendations” in a 2020 Grand Jury Report that concluded DEP’s oil and gas regulatory program failed to protect public health and the environment.