Energy Exchange

The building blocks are in place for a strong Advanced Clean Fleets rule in California

By Lauren Navarro & Pamela MacDougall

California air regulators are currently considering adoption of the Advanced Clean Fleets rule — a purchase requirement for medium and heavy-duty fleets to adopt an increasing percentage of zero-emission trucks. This rule has the potential to be transformative.

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Also posted in California, Electric Vehicles / Comments are closed

EPA methane proposal makes critical progress, but work remains to quickly finalize protective standards

By Jon Goldstein , Edwin LaMair, and Grace Smith 

This week, EPA is holding public hearings on its recently proposed methane standards for oil and gas operations, which build on the agency’s initial proposal and represent a significant step forward for reducing methane pollution across the country.

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Posted in General / Comments are closed

The power grid and disinformation

Texans know better than to believe the lies. But, whenever severe weather strikes the state and the isolated electric grid is imperiled, they’re always fed them: “Green energy” is offered up as the ultimate scapegoat, facts be damned.

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Also posted in Grid Modernization, Natural Gas, Regional Grid, Texas / Comments are closed

Throwing Down the Gauntlet: The European Challenge to IMO on Carbon Pricing

By Sam Yarrow-Wright

The International Maritime Organization knows that the shipping industry needs to change course to address the climate crisis. By committing to the Initial Greenhouse Gas Strategy in 2018, which requires the shipping industry to reduce emissions by 50% by 2050, it formally recognized this. Such a declaration, despite being forged through difficult negotiations and missing the level of ambitions of many member states and NGOs, was broadly welcomed. Since then, there have been several agreements on the short-term measures. These measures have attracted their own share of criticism for lack of ambition or through lack of effective enforcement or implementation mechanisms. The EU countries have been an engaged and active part of this process, but that has not stopped them from considering action under their regional banner, in particular the recent inclusion of shipping within their Emissions Trading System.

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Also posted in Europe / Comments are closed

S&P Global Analysis Says Industry’s Wasted Gas Could Bring Quick Relief to Energy Market

Russia’s war on Ukraine has sent painful shockwaves through global gas markets — not only in Europe but across Asia and in developing economies that can least afford it. The crisis is accelerating efforts to transition to cleaner, safer, more reliable energy, while setting off a scramble for new gas supplies to backfill what once came from Russia. How to meet that near-term need without a massive new infrastructure buildout that would undermine climate goals and risk stranding billions in capital? One key solution – identified by EDF, the International Energy Agency and others — lies in the vast amounts of gas currently wasted by the oil and gas industry through flaring, leaks and other emissions.

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Also posted in Flaring, Methane, Methane regulatons / Comments are closed

How Japan and other energy importers can spur global methane action

Negishi LNG Terminal, Yokohama City, Kanagawa Pref., Japan

Announced at COP 27, the joint declaration by key natural gas exporters, the United States, Norway and Canada, and importers, the European Union, Japan and Singapore, demonstrates the growing recognition that the supply and demand sides of energy markets must work together to reduce global methane emissions.

Methane, the main ingredient of natural gas, is a powerful climate pollutant, and the oil and gas industry is a main source of global emissions. As methane has shot up the international climate agenda, a great deal of attention has focused on countries that produce the lion’s share of the world’s oil and gas. But big energy importers like Japan, which often don’t have significant domestic fossil fuel resources, also have significant opportunities to stimulate and speed emission reductions industrywide.

A new analysis conducted for Environmental Defense Fund by independent global research firm Rystad Energy explores how Japan can leverage its unique market position to drive global methane reductions.

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Posted in General / Comments are closed