Greenhouse

Despite facing legal challenges to conduct emissions auctions, California’s cap-and-trade program to auction greenhouse gas (GHG) emissions raised nearly $280 million earlier this month, selling out its entire carbon allowance allotments of 14.5 million.

The Environmental Protection Agency (EPA) is revising the deadline by which owners or operators of facilities subject to the petroleum and natural gas systems source category of the Greenhouse Gas Reporting Rule must submit requests for use of best available monitoring methods (BAMM) to the agency. Specifically, the agency is moving up the prior deadline of Sept. 30 to June 30, according to a final rule published in the Federal Register on Wednesday. The amendment now reads: “For reporting years after 2012, a new request to use best available monitoring methods must be submitted by June 30 of the year prior to the reporting year for which use of [BAMM] is sought.” The EPA said it is not proposing any other changes related to BAMM for oil and gas. Affected facilities would be natural gas pipelines, local distribution companies, oil and gas drilling facilities and natural gas liquids extraction facilities.

Global support for natural gas use, as well as the technology to trap and store carbon dioxide (CO2) emissions from burning fuel, would curb greenhouse gas (GHG) emissions in this century, but it will take cooperation between government and the industry, according to Royal Dutch Shell plc.

Global support for natural gas use, as well as the technology to trap and store carbon dioxide (CO2) emissions from burning fuel, would curb greenhouse gas (GHG) emissions in this century, but it will take cooperation between government and the industry, according to Royal Dutch Shell plc.

The U.S. Environmental Protection Agency (EPA) needs to improve air emissions data for the oil and natural gas production sector, according to a report issued by the agency’s Inspector General.

Greenhouse gas (GHG) emissions from shale gas well hydraulic fracturing (fracking) operations are significantly lower than previously estimated, according to a study by researchers at the Massachusetts Institute of Technology.

Greenhouse gas (GHG) emissions from shale gas well hydraulic fracturing (fracking) operations are significantly lower than previously estimated, according to researchers at the Massachusetts Institute of Technology (MIT).

Up to 85% of the projected revenues from California’s proposed greenhouse gas (GHG) cap-and-trade auction could be used to cut retail electricity rates during the next eight years, according to a proposed state regulatory decision released this month. Eventual cap-and-trade revenues in the state have been estimated to range from $5.7 billion to $22.6 billion through 2020.

Seeking to reduce its greenhouse gas (GHG) footprint, the freight unit of Federal Express Corp. (FedEx) is beta testing an advanced liquefied natural gas (LNG)-only Class 8 truck engine in two new tractors used in the company’s Dallas, TX, service center.