Energy
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Essential energy industry news & intel to start your day.
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April 18, 2023
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Today’s Top News
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A federal appeals court overturned a first-in-the-nation ban on natural gas in new construction in Berkeley, Calif., ruling in favor of the California Restaurant Association after the group claimed the city violated a law that gives the federal government the power to set energy-efficiency standards for appliances. A group of environmental advocates said in a statement that it expects the ruling to be appealed. (The Associated Press)
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Only 10 vehicles qualify for the full $7,500 federal tax credit for electric vehicles and plug-in hybrids beginning today, as new regulations from the Treasury Department take effect. General Motors Co., Tesla Inc. and Ford Motor Co. have at least one EV model qualifying for the credit, while Volkswagen AG, Hyundai Motor Co., Nissan Motor Co., BMW AG, Volvo Car AB and Rivian Automotive Inc. no longer qualify despite having models that were eligible for at least partial credits earlier this year. (Bloomberg)
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The Biden administration’s advancement of offshore wind projects along the Atlantic Coast is facing some pushback from the Defense Department, which has marked nearly all development areas from Delaware to North Carolina as conflicting with military operations, according to maps shared with industry stakeholders and seen by Bloomberg. The Interior Department’s Bureau of Ocean Energy Management, responsible for offshore wind development, said it is “well positioned” to meet the administration’s and states’ offshore wind goals, while a senior Defense Department official said the Pentagon will work to find ways to accommodate the offshore wind leasing. (Bloomberg)
Happening today
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The Senate Environment and Public Works Subcommittee on Clean Air, Climate and Nuclear Safety will hold a hearing to examine cleaner vehicles with a focus on consumers and public health.
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The House Financial Services Committee will hold an oversight hearing on the Securities and Exchange Commission’s recent rulemakings, including its climate disclosure rule, with testimony from SEC Chair Gary Gensler.
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A MESSAGE FROM MORNING CONSULT |
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What Else You Need to Know
Republicans eye Democrats’ votes on energy package ahead of 2024 election: memo
Rachel Frazin, The Hill
Republicans are looking to use vulnerable Democrats’ votes on a GOP energy bill against them in the next election cycle.
McCarthy ties energy, regulatory demands to debt talks
Jeremy Dillon, E&E News
House Speaker Kevin McCarthy directly linked Republican demands on energy, permitting and regulatory oversight to the broader debt ceiling negotiations during a speech Monday morning at the New York Stock Exchange.
Westerman emerges as pivotal player in permitting talks
Kelsey Brugger, E&E News
It’s only been a few months, but Rep. Bruce Westerman has made his mark on energy policy in the House. And he’s got his sights set on a lot more.
US ready to lend Poland $4 billion for nuclear energy plan
Monica Scislowska, The Associated Press
A project to develop small nuclear power reactors in Poland is moving forward, with Polish energy company Orlen and two U.S. government financial institutions signing an agreement Monday.
Facing brutal climate math, US bets billions on direct air capture
Susanna Twidale et al., Reuters
The world is failing to cut carbon emissions fast enough to avoid disastrous climate change, a dawning truth that is giving life to a technology that for years has been marginal – pulling carbon dioxide from the air.
Think Manchin has coal connections? Meet his potential rival.
Scott Waldman, E&E News
West Virginia voters may swap one coal boss for an even bigger one.
Slow start on World Bank reform angers climate-hit countries
Ellen Knickmeyer, The Associated Press
The World Bank meetings were supposed to be a first step in a new era of affordable loans for developing nations hard hit by climate change like Prime Minister Mia Mottley’s Barbados, one of many Caribbean islands battered by worsening hurricanes.
Lobbying ‘frenzy’ follows Biden’s electric car push
Timothy Cama and Hannah Northey, Politico
Companies are racing to benefit from billions of dollars in federal spending and incentives.
Wisconsin lawmakers hope to outlaw local bans on gas engines
The Associated Press
State and local governments in Wisconsin would not be allowed to ban gas-powered vehicles, snow blowers, lawnmowers and other machines under a pair of bills up for a vote Tuesday in the state Assembly.
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Rail CEO to testify in Ohio Senate about fiery derailment
Samantha Hendrickson, The Associated Press
Norfolk Southern’s CEO is set to testify before an Ohio Senate rail safety panel Tuesday, more than two months after a fiery train derailment including hazardous materials rocked the village of East Palestine.
The oil and gas industry is emitting way more of this potent, planet-warming gas than the EPA has estimated, study shows
Ella Nilsen, CNN
Planet-warming methane pollution from the US oil and gas industry was 70% higher than the Environmental Protection Agency’s own estimates between 2010 and 2019, scientists reported Monday.
America’s Most Prolific Logger Recasts Itself as Environmental Do-Gooder
Ryan Dezember, The Wall Street Journal
Weyerhaeuser uses new climate math to court green investors, while cutting down as many trees as ever.
Colorado River snaking through Grand Canyon most endangered US waterway – report
Nina Lakhani, The Guardian
Unique ecosystem on the brink of collapse due to climate crisis and mismanagement, says conservation group American Rivers.
The Great Pacific Garbage Patch is now so huge and permanent that a coastal ecosystem is thriving on it, scientists say
Ivana Kottasova, CNN
Scientists have found thriving communities of coastal creatures, including tiny crabs and anemones, living thousands of miles from their original home on plastic debris in the Great Pacific Garbage Patch – a 620,000 square mile swirl of trash in the ocean between California and Hawaii.
Why injecting CO2 underground is a legal morass
Shelby Webb, E&E News
Texas is the Wild West when it comes to injecting carbon dioxide emissions into the earth.
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Blown Away: Fishermen Endangered by Offshore Wind’s Political Power
Will Sennott and Anastasia Lennon, The New Bedford Light
Turbines the height of 70-story skyscrapers will soon tower over East Coast fishing grounds. But government regulators with ties to offshore wind developers are downplaying the danger to the marine ecosystem and fishermen’s livelihoods.
Nuclear Powers Pledge to Push Putin Out of Uranium Markets
Jonathan Tirone, Bloomberg
Nuclear powers within the Group of Seven nations pledged to end Russia’s dominance over global atomic-fuel markets, potentially cutting off a critical source of geopolitical currency for Russian President Vladimir Putin more than a year after his invasion of Ukraine.
From GE to Siemens, the wind energy industry hopes billions in losses are about to end
Bob Woods, CNBC
The wind energy sector has been in crisis mode as reduced tax incentives, rising interest rates and inflation plagued turbine manufacturers and land-based and offshore wind projects.
A firsthand look at a California solar farm with ‘earth-mounted’ panels
Eric Wesoff, Canary Media
Erthos wants to reinvent solar farms with ground-mounted panels that it says can reduce utility solar costs by 20 percent. We went to see how it all works.
NRC to regulate fusion energy systems as commercial interest grows despite ‘uncertain’ future
Stephen Singer, Utility Dive
The Nuclear Regulatory Commission will establish a framework to oversee fusion energy systems, beginning with a limited revision to materials licensing regulations, and will consider whether to establish a rule category for fusion energy systems.
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Transportation and Alternative Fuels
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Biden adds more EV charging across U.S., with pledges from Uber, Walmart, PG&E and others
Rachel Koning Beals, MarketWatch
The latest rollout would add more than 100,000 public EV chargers to the more than 135,000 now available. Biden wants 500,000 chargers across all states by 2030.
Chevron Touts Renewable Gasoline as Alternative to Electric Cars
Kevin Crowley, Bloomberg
Chevron Corp. plans to showcase “renewable gasoline” it claims will eventually offer similar emissions savings to electric cars, just days after the US proposed the toughest-ever tailpipe pollution limits.
Volkswagen plans 10 more EV models by 2026
Reuters
Germany’s Volkswagen AG said on Tuesday it plans to introduce 10 more electric vehicle models by 2026 and it remained committed to China, where established foreign brands are losing ground to nimble local rivals.
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Electricity/Utilities/Infrastructure
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AEP, Liberty Utilities terminate $2.65B Kentucky Power deal, partly over ‘evolving macro environment’
Ethan Howland, Utility Dive
AEP is developing a “refreshed” long-term strategy for its Kentucky operations and plans to file a rate case in June, the company said Monday.
Massive transmission line will send wind power from Wyoming to California
Gabriela Aoun Angueira, Grist
After 18 years, the TransWest Express line receives final approval.
NERC opposes expanding physical security rules for critical substations following Duke, PSE, other attacks
Robert Walton, Utility Dive
The physical security rule in place now for critical substations “appropriately focuses limited industry resources” and should not be expanded to a broader set of assets on the bulk power system, or BPS, the North American Electric Reliability Corp. concluded in a report.
PJM asks FERC to help resolve LS Power, 7 other complaints about $1.8B in Winter Storm Elliott penalties
Ethan Howland, Utility Dive
Resolving the disputes that could last years may help avoid “market disruption, defaults, bankruptcies, and the physical loss of assets,” the PJM Interconnection said.
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Opinions, Editorials and Perspectives
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Gas Stoves Triumph Over Berkeley
The Editorial Board, The Wall Street Journal
A federal appeals panel overrules the California city’s ban on natural gas hookups.
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