Energy
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Essential energy industry news & intel to start your day.
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September 16, 2022
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Today’s Top News
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The Biden administration said it hopes to deploy up to 15 gigawatts of electricity through floating wind turbine platforms in the deep ocean by 2035, targeting sites in the Pacific Ocean off the coasts of California and Oregon as well as in the Atlantic in the Gulf of Maine. Two pilot projects are already planned for the north and central California coast, while a third one is planned off the coast of southern Oregon. (The Associated Press)
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Gov. Tate Reeves (R-Miss.) announced that clean water had been restored to the city of Jackson, where a boil water advisory had been in place since July. Recent flooding of the Pearl River damaged the city’s water system, leading to a loss of water pressure that exacerbated the water crisis. (Axios)
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Sen. Joe Manchin (D-W.Va.) said he is hopeful that colleague Sen. Shelley Moore Capito (R-W.Va.) will help him push through his permitting reform plan that he said would take as many as 20 Senate Republicans to pass as part of a stopgap spending measure meant to keep the government open past Sept. 30. Capito earlier this week introduced a permitting reform bill with 46 Republican co-sponsors because Democrats have yet to unveil their own bill, as disagreement over Manchin’s proposal continues to build from both chambers and parties. (Bloomberg)
Tune in (all times local):
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10:30 a.m. Bipartisan Policy Center event: “Implementing the Bipartisan Infrastructure Law.”
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A MESSAGE FROM MORNING CONSULT |
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What Else You Need to Know
W.Va. vs. Va.: Permitting overhaul a backyard brawl
Jeremy Dillon and George Cahlink, E&E News
Sen. Joe Manchin (D-W.Va.) wants a contested natural gas pipeline in his state to be part of his permitting reform effort. But Virginia lawmakers who might typically support a permitting overhaul are balking at the deal, in part because of the pipeline that would run between the two states.
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Climate Change and Emissions
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Climate change worsened Pakistan’s flooding rains, study finds
Andrew Freedman, Axios
Large swaths of Pakistan are underwater from unusually prolific monsoon rains, which have killed nearly 1,500 people. Now a new study shows the connections between the flooding and climate change.
The World Has a $1 Trillion La Niña Problem
Brian K. Sullivan and Sybilla Gross, Bloomberg
It’s all but guaranteed the world will see another year of weather disasters that destroy homes, ruin crops, disrupt shipping and threaten lives.
Climate change jeopardizes health care services, report says
Amanda Seitz, The Associated Press
Dr. Suzy Fitzgerald remembers looking out the windows as wildfire flames surrounded the hospital where she worked.
SEC Climate Rule Won’t Demand Extensive Reporting From Small Businesses, Gensler Says
Richard Vanderford, The Wall Street Journal
Small businesses have expressed concerns they would be forced to embark on an accounting mission to provide data to their public-company customers.
Senate Democrats set action on Kigali climate treaty
Jeremy Dillon, E&E News
Senate Majority Leader Chuck Schumer on Thursday moved to take up the so-called Kigali Amendment next week, putting the chamber on track to ratify its first climate treaty in decades.
BP reaches $2.75M deal over Indiana refinery pollution
John Flesher, The Associated Press
Oil titan BP reached a $2.75 million settlement Thursday over air pollution from its largest refinery after environmentalists complained of repeated emissions violations at the Whiting facility in Indiana.
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McDonald’s strikes 15-year solar energy deal with EDF Renewables North America
Emma Liem Beckett, Utility Dive
McDonald’s struck a 15-year virtual power purchase deal with EDF Renewables North America. EDF’s Apollo Solar project, which is based in Texas, is slated to deliver low-carbon electricity starting in June 2024.
Minnesota regulators approve huge solar project in Becker
The Associated Press
A massive solar project that is expected to cost at least $575 million was approved Thursday by Minnesota utility regulators.
How the climate law may change energy storage
David Iaconangelo, E&E News
The Inflation Reduction Act offers new incentives for energy storage in the U.S., but ongoing supply chain and grid interconnection troubles may prevent a nationwide boom in coming years for the technology, according to a new report.
Energy storage tech going mainstream as Goldman Sachs, partner acquire majority stake in EPC Power
Emma Penrod, Utility Dive
Goldman Sachs Asset Management and Cleanhill Partners, a private equity firm, have acquired a majority stake in smart inverter supplier EPC Power, according to a Thursday announcement.
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Oil, Gas and Alternative Fuels
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Electricity, Utilities and Infrastructure
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Environment, Land and Resources
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New federal guidance aims to strengthen Indigenous land management
Brett Marsh, Grist
Tribal governments will now have a say in how 620 million acres of federal lands are managed.
State of unease: Colorado basin tribes without water rights
Felicia Fonseca, The Associated Press
Garnett Querta slips on his work gloves as he shifts the big rig he’s driving into park. Within seconds, he unrolls a fire hose and opens a hydrant, sending water flowing into one of the plastic tanks on the truck’s flat bed.
Earth just experienced one of its warmest summers on record
Zach Rosenthal and Kasha Patel, The Washington Post
Hot weather baked the globe, with Europe and China both recording their warmest meteorological summers.
California wildfire ‘looking a whole heck of a lot better’
The Associated Press
Firefighters again prevented flames from entering a Northern California mountain town and reported major progress Thursday against the week-old blaze that’s become the largest in the state so far this year.
Tropical Storm Fiona forms, soon to lash Lesser Antilles, Puerto Rico
Matthe Cappucci, The Washington Post
The storm could eventually be one to watch for Bermuda or even the U.S. East Coast.
Nevada looks to conservation as the Colorado River dwindles
Daniel Rothberg, The Associated Press
Only a few miles from the Las Vegas Strip, in the Mojave Desert, is an unlikely scene: A county park with walking trails and thick vegetation that circles a vibrant rush of flowing water.
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Opinions, Editorials and Perspectives
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For Shell’s Priorities, Follow the Money
Rochelle Toplensky, The Wall Street Journal
New CEO Wael Sawan is likely to emphasize green initiatives, but company’s spending plans should be more informative for investors.
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