British Columbia’s (BC) largest gas distributor has taken a lead position in a program allowing utilities and their customers to fund incentives for natural gas vehicle (NGV) use, thereby boosting the market for the province’s production.
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BC Steps on the (Natural) Gas With NGV Incentives
British Columbia’s (BC) largest gas distributor has taken a lead position in a program allowing utilities and their customers to fund incentives for natural gas vehicle (NGV) use, thereby boosting the market for the province’s production.
Alaska LNG Storage Tax Credit Bill Advances
A bill that would extend tax credits and other incentives toward new liquefied natural gas (LNG) storage facilities is advancing in the Alaska State Legislature.
California Regulators Push Efficiency, Utility Incentives
California regulators reiterated on Thursday their strong reliance on energy efficiency programs and the need to provide utility shareholder incentives to expand the efforts. In doing so they ignored calls from consumer advocates to end the rewards to shareholders.
Governor Proposes Impact Fee on Pennsylvania Wells
Pennsylvania Gov. Tom Corbett is heeding the advice of his Marcellus Shale Advisory Commission (MSAC) by proposing an impact fee, enhanced safety provisions and incentives to increase natural gas consumption.
Pennsylvania Governor Unveils Well Impact Fee
Pennsylvania Gov. Tom Corbett is heeding the advice of his Marcellus Shale Advisory Commission (MSAC) by proposing an impact fee, enhanced safety provisions and incentives to increase natural gas consumption.
Industry Briefs
The Commodity Futures Trading Commission (CFTC) has approved final regulations regarding whistleblower incentives and protection, including provisions to pay individuals who provide the Commission with information about Commodity Exchange Act violations as much as 30% of monetary sanctions subsequently collected. The rules, which the CFTC approved by a 4-1 vote, would allow the Commission to award whistleblowers 10-30% of the monetary sanctions collected in either a CFTC-covered judicial action, administrative action or related action. Actions covered by the regulations include only those resulting in successful resolution resulting in monetary sanctions exceeding $1 million, and the Commission would exercise discretion in granting awards based on several criteria, including the significance of the information provided by whistleblowers. The final regulations become effective 60 days after publication in the Federal Register.
CFTC Approves Whistleblower Rules
The Commodity Futures Trading Commission (CFTC) on Thursday approved final regulations regarding whistleblower incentives and protection, including provisions to pay individuals who provide the Commission with information about Commodity Exchange Act violations as much as 30% of monetary sanctions subsequently collected.
Utility Industry Leaders Expect Shale Prices to Remain ‘Reasonable’
Shale gas prices are likely to remain “reasonable” for years to come, despite possible upward pressure from hydraulic fracturing (fracking) issues, according to more than 700 executives and managers from utilities and other industry organizations who participated in a recent survey conducted by Black & Veatch.
Texas Senate Passes NGV Bill
Texas businesses that convert heavy-duty vehicles to run on natural gas or buy new natural gas vehicles (NGV) could get financial incentives from the state for doing so under legislation passed by the Texas Senate. The same bill (SB 20) would also create a network of fueling stations to support such vehicles.