Energy
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Colorado skiing company planning report to justify suing oil companies
The company said it has a climate change study it plans to publish in a peer-reviewed journal that will help activists sue oil and gas companies.
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Research underway on how solar farms and agriculture can co-exist
The concept is called agrivoltaics, a combination of the words agriculture and photovoltaics, which is the process of converting light into electricity.
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Climate agreement reached on financial aid for developing countries amid skepticism from both sides
While most attendees of the conference recognize that when President-elect Trump takes office in January, the U.S. will likely once again withdraw from the Paris Climate Agreement and cut off U.S. funding to the COP29 agenda.
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Texas oil and natural gas industry continues to break records
The industry produced a record-high 5.7 million barrels per day (mb/d) of crude oil in Texas, a record 32.5 billion cubic feet per day (bcf/d) of natural gas marketed production and 3.5 mb/d of NGLs, according to estimates made by TXOGA’s Chief Economist Dean Foreman, Ph.D.
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Senate passes bipartisan bill to accelerate the construction and development of nuclear power plants
The bill now heads to President Joe Biden for his consideration.
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Biden-favored California EV startup Fisker files for bankruptcy
The company said “macroeconomic headwinds” prevented the company from operating efficiently, and selling its assets under Chapter 11 is the most viable option for the company to move forward.
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Biofuels industry bet on federal mandates to create demand, but now it now struggles to stay afloat
While new refineries haven’t come online since Jimmy Carter was president, some existing refineries have converted over to producing biofuels, which reduced the country’s petroleum refining capacity.
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Backers optimistic about energy choice initiative's chances of making the ballot
Passed by the Legislature this session, HB 1589 would ban natural gas, but only for future customers, and more specifically, only for future customers of Puget Sound Energy.
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Industry groups sue over Biden regulation requiring electric school buses, trucks
Critics argue the rules are so strict that the only option will be to go electric, part of a nationwide effort by the Biden administration to push Americans into electric vehicles.
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Illinois joining other states in establishing long-term energy plan
In a rush to convert to clean energy, some states with Illinois included, have been criticized for not having a plan in place while taking coal plants offline.
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Texas leads 19-state coalition challenging green energy transition mandate
It argues FERC’s rule exceeds its authority, is arbitrary and capricious and creates an “unjust, unreasonable, and/or unduly discriminatory rates” that violate the Federal Power Act.
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Biden administration still unclear about whether it’s draining or refilling energy stockpile
Energy Secretary Jennifer Granholm said the Strategic Petroleum Reserve would be filled by the end of 2024, but Biden energy adviser Amos Hochstein has said repeatedly it could be tapped. Contradicting Granholm’s projections, Hochstein said in May that the SPR could be used to bring down gasoline prices.
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Federal judge dismisses Exxon suit against anti-fossil fuel shareholder activist group
Arjuna withdrew its proposal and promised not to submit similar ones in the future. Exxon proceeded with the lawsuit anyway, which prompted a campaign to oust members of Exxon’s board that ultimately failed.