Paris Agreement

Oil, Natural Gas Projects Face G-7 Funding Cut by Year’s End

Oil, Natural Gas Projects Face G-7 Funding Cut by Year’s End

In a bid to send a strong message on climate action, the Group of Seven (G-7) countries has agreed to end direct public financing of fossil fuels by the end of the year and work toward ending subsidies by 2025. In a meeting last month in Berlin, the G-7 nations made a formal commitment to…

June 6, 2022
Natural Gas Said ‘Part of the Solution’ as Biden Pledges to Halve US GHG Emissions

Natural Gas Said ‘Part of the Solution’ as Biden Pledges to Halve US GHG Emissions

Energy stakeholders endorsed President Biden’s strengthening of U.S. climate change commitments on Thursday, but they also stressed the importance of natural gas in achieving deep decarbonization of the economy. Biden said Thursday the United States will target a 50-52% reduction in economy-wide greenhouse gas (GHG) pollution by 2030 versus 2005 levels. The announcement, made during…

April 23, 2021
Biden Taps Democrat Glick to Lead FERC

Biden Taps Democrat Glick to Lead FERC

Richard Glick, a Democrat who joined FERC in 2017, was named chairman of the Commission by President Biden on Thursday. “This is an important moment to make significant progress on the transition to a clean energy future. I look forward to working with my colleagues to tackle the many challenges ahead,” said Glick, who was…

January 21, 2021
U.S. Out of Paris Agreement as Country’s Political Future Uncertain

U.S. Out of Paris Agreement as Country’s Political Future Uncertain

Largely a matter of procedure at this point, the United States is officially out of the United Nations (UN) Paris Agreement, the landmark international accord drafted in 2015 in an attempt to mitigate rising global temperatures. While the Trump Administration announced its plans to withdraw from the Paris Agreement in 2017, the agreement requires that…

November 4, 2020