Offshore Drilling: Banning New Operations a Divisive Proposal
Early this month, damage to an underwater pipeline leading to an offshore drilling platform off the coast of Huntington Beach, Calif., caused it to spring a leak, dumping thousands of gallons of oil. As the cleanup continues — and lawmakers wrangle over how and if to mitigate future damage — Morning Consult and Politico asked voters how they feel about banning new and existing offshore drilling, both nationwide and in California specifically.
The International Energy Agency’s World Energy Outlook found that fossil fuel use will likely peak in the mid-2020s, a trend that reflects a speedier adoption of clean technologies than had been estimated, but is still not happening fast enough to avert dangerous impacts of climate change, the agency said. The IEA said countries should triple their renewable energy investments to roughly $4 trillion per year, with much of that spending directed to developing countries, in order to manage a transition that limits global warming with the urgency required. (The New York Times)
Executives from six major oil and gas companies and trade associations are expected to testify at the requested House Oversight and Reform Committee hearing later this month, which will delve into what lawmakers describe as a campaign of “climate disinformation.” Big Oil representatives have never come before the committee previously, but in this case Environment Subcommittee Chair Ro Khanna (D-Calif.) had threatened subpoenas if they do not show up, a tactic that appears to have worked. (The Washington Post)
The Federal Emergency Management Agency has issued a request for information on potential changes to the country’s standards for buildings in areas prone to flooding, potentially the scene for their first significant update since 1976. New requirements could potentially up the ante on conditions that communities must meet in order to receive federal flood insurance. (The Hill)
The Organization of the Petroleum Exporting Countries lowered its expectations for global oil demand, finding that it will grow by 5.82 million barrels per day in 2021, down from its earlier estimate of 5.96 million bpd. Its initial forecast of 4.2 million bpd in 2022 growth has remained unchanged. (Reuters)
Global energy markets are facing the perfect storm. Demand for energy shot up after China and other major economies began to recover from the pandemic. In Europe, a cold winter depleted gas reserves, while a long spell of still days reduced wind power supply to the grid. Meanwhile, CO2 prices have hit record levels. Russia, one of Europe’s biggest suppliers, had declined to increase supplies on the short-term spot market, although the Kremlin recently said it was starting to help out.
Bill Winters, the chief executive officer of Standard Chartered Plc, says it’s unreasonable to expect banks to stop financing the fossil-fuel industry, in part because to do so would undermine transition efforts, particularly in the emerging markets.
The Biden administration on Tuesday revamped its main climate science website, climate.gov, and launched a push into developing new tools that can provide people with information about the climate risks they face.
A stunned Gov. Phil Murphy examined the wreckage from a tornado that had plowed through a small New Jersey suburb. Pieces of homes littered the area, along with toppled trees, smashed windows, a toddler’s shoe.
Max Colchester and Mike Cherney, The Wall Street Journal
The U.K. called on countries including India and China to update their plans to reduce greenhouse-gas emissions, ratcheting up pressure on a handful of states as preparations for a United Nations climate summit in Glasgow accelerate.
The National Business Aviation Association (NBAA) and other industry groups on Tuesday committed to “net zero” carbon emissions by 2050, as the sector’s flagship private jet show kicked off in Las Vegas.
Returning to the place where the Paris Agreement was born, the U.K. minister who currently has custody over the climate accord on Tuesday set up a battle over its core aim that will play out during next month’s COP26 climate talks.
Nonprofit public agencies that grant communities collective control over their power sources are broadening access to lower the cost of renewable energy in the few states where they are authorized to operate.
Shell Energy North America US LP allegedly owes $124.3 million to bankrupt Texas energy retailer Entrust Energy Inc. for breaching a contract ahead of February’s winter storm in order to take advantage of a power price surge and sell electricity to other customers at higher rates.
U.S. safety investigators want to know why Tesla didn’t file recall documents when it updated Autopilot software to better identify parked emergency vehicles, escalating a simmering clash between the automaker and regulators.
Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.
China plans to build more coal-fired power plants and has hinted that it will rethink its timetable to slash emissions, in a significant blow to the UK’s ambitions for securing a global agreement on phasing out coal at the Cop26 climate summit in Glasgow.
Cliches, however shopworn, can retain their usefulness provided they continue to describe their object with some accuracy. One cliche that has lost almost all value is “speaking truth to power.” These days, it almost invariably is attached not to an act of genuine courage but to its opposite, the spouting of some politically favored bromide.
In 2017, the National Weather Service started an effort to reform the agency and better prepare the U.S. for extreme weather events. The agency has established 20 reform initiatives, such as automating weather balloon launches, to free up staff for other responsibilities and improve service to emergency managers and others.