greenhouse gas emissions

The House on Friday passed the Senate-approved Inflation Reduction Act of 2022 (IRA) by a margin of 220-207, clearing the way for President Biden to sign the landmark climate and energy bill into law.  The legislation includes investing an estimated $370 billion to decarbonize domestic energy and transport sectors, and it targets a roughly 40%…

The U.S. Senate on Sunday passed a massive spending bill that would invest hundreds of billions of dollars to reshape the energy sector and try to slow climate change, creating far-reaching implications for oil and natural gas, as well as the economy broadly. The Inflation Reduction Act includes an estimated $370 billion over 10 years…

Framing the Canadian government’s goals for cutting greenhouse gas (GHG) emissions from fossil fuel production as too much, too soon, management at Cenovus Energy Inc. expressed doubts about how workable the system would be for natural gas and oil producers. “I am very worried that if we remain on this path, it could lead to…

While a legislated drilling ban prevents production, natural gas will stay a consumption mainstay in Quebec through 2030 under a “dual energy” program that includes a subsidy for households that add electric heat appliances to their fossil fuel furnaces. With support by the provincial government, gas distributor Energir LP and power supplier Hydro-Quebec won approval…

A newly installed natural gas-powered fuel cell at Atmos Energy Corp.’s corporate data center generates low-emission, grid-independent electricity, and the Dallas-based utility is finding more ways to curb emissions as its multistate customer base grows. “Natural gas once again proves it plays a pivotal role in lowering greenhouse gas emissions while increasing reliability to our…

Canadian Prime Minister Justin Trudeau on Tuesday announced ambitious plans to cut carbon emissions over the next eight years, with the oil and natural gas industry set to contribute a large share of the reduction. Among other things, Trudeau set a goal for the oil and gas industry to slash greenhouse gas (GHG) emissions by…

FERC’s approval of policy statements last month to guide how future natural gas and liquefied natural gas (LNG) infrastructure are approved came to a head on Thursday under scrutiny by the Senate Energy and Natural Gas Resources Committee. Chaired by Sen. Joe Manchin (D-WV), all five members of the Federal Energy Regulatory Commission were quizzed…

In the first revisions to natural gas policy in more than two decades, FERC on Thursday issued policy statements to guide how future natural gas and liquefied natural gas (LNG) infrastructure is approved, including an interim greenhouse gas (GHG) policy to ensure the “legal durability” of its decisions. The policy statements provide an analytical framework…

Higher natural gas prices were a positive for natural gas producers in the Appalachian Basin in 2021, but ongoing “uncertainties” threaten the industry’s long-term growth prospects.