Greenhouse

Oil and gas industry executives have all duly noted the change in Washington’s thinking on global warming and greenhouse gases, but at least some are still in denial of what’s to come. Those who think “all this renewable energy stuff is nonsense” are in for a rude awakening, an oil and gas industry researcher told NGI.

Oil and gas industry executives have all duly noted the change in Washington’s thinking on global warming and greenhouse gases, but at least some are still in denial of what’s to come. Those who think “all this renewable energy stuff is nonsense” are in for a rude awakening, an oil and gas industry researcher told NGI.

Limits on power generator greenhouse gas (GHG) emissions will be a boon to the natural gas industry while domestic productive capacity and access to global supply are poised to climb. Producers will need to remember that “price matters,” and regulators should ensure that their initiatives do not contradict each other, a Rice University Baker Institute fellow warned.

President Obama’s proposed cap-and-trade plan for controlling greenhouse gas (GHG) emissions is expected to push up demand for natural gas over the next decade, especially by power generators, but a large part of the demand isn’t likely to be met by domestic gas due to the emission allowance costs that will be imposed, according to a study released last Tuesday. Rather it said foreign imports of liquefied natural gas (LNG) are expected to fill the void.

A section of California’s global climate change law (AB 32) empowers state air pollution regulators to charge fees on providers of fuels that contribute to the state’s greenhouse gas (GHG) emissions. But it is still unclear how officials intend to collect an estimated $54 million in fees during the next three years. Natural gas and electric utilities are confounded with the user-fee approach to paying for the six-year implementation of the Global Warming Solutions Act of 2006.

A section of California’s global climate change law (AB 32) empowers state air pollution regulators to charge fees on providers of fuels that contribute to the state’s greenhouse gas (GHG) emissions. But it is still unclear how officials intend to collect an estimated $54 million in fees during the next three years. Natural gas and electric utilities are confounded with the user-fee approach to paying for the six-year implementation of the Global Warming Solutions Act of 2006.

Kern River Gas Transmission Co. told shippers that they should brace for the possible collection of greenhouse gas (GHG) emissions fees by the pipeline on behalf of the California Air Resources Board (CARB), which needs the money to fund implementation of the state’s Global Warming Solutions Act, or Assembly Bill (AB) 32.

President Obama’s proposed cap-and-trade plan for controlling greenhouse gas (GHG) emissions is expected to push up demand for natural gas over the next decade, especially by power generators, but a large part of the demand isn’t likely to be met by domestic gas due to the emission allowance costs that will be imposed, according to a study released Tuesday. Rather, it said foreign imports of liquefied natural gas (LNG) are expected to fill the void.

Economic declines, renewable energy and efficiency growth and ultimately greenhouse gas (GHG) emissions controls all are pushing down natural gas demand in the near term in California and further pushing back the need for liquefied natural gas (LNG) imports, according to a California Energy Commission (CEC) gas staff analyst reporting last Monday to a joint meeting of the CEC and California Public Utilities Commission (CPUC).