Energy Exchange

The truth about Russia’s war: Our addiction to oil gives Putin power

By Mark Brownstein / Published: March 4, 2022

Russia’s invasion of Ukraine is alarming and wrong — recognized by governments across the political spectrum as a dangerous assault on peace and stability.

How sad, then, that some columnists here in the United States are using it as an opportunity to spin up a partisan attack on the Biden administration’s energy policy.

Instead of recognizing the reality that the world’s addiction to fossil fuels empowers Putin, these columnists are making the bizarre claim that more clean energy is somehow to blame for Russian aggression.

But facts are stubborn things. The truth is, U.S. oil production is near record levels — which did nothing to stop Putin. For better or worse, the Biden administration has issued new permits for drilling on federal lands at a faster clip than the notoriously pro-oil Trump administration.

Posted in Natural Gas / Comments are closed

New Rystad cost analysis makes case for EPA to end routine flaring in final methane rule

By EDF Blogs / Published: February 28, 2022

By Jon Goldstein and Grace Weatherall

Reducing the amount of methane emitted from oil and gas infrastructure is among the cheapest and simplest solutions we have to reduce global warming quickly while protecting public health. The Environmental Protection Agency is in the midst of developing rules to curb these emissions from oil and gas producers across the country.

A new analysis commissioned by EDF and conducted by Rystad Energy makes it clear that eliminating routine flaring — a major source of rogue emissions — should be part of EPA’s methane rulemaking.

Though there are valid safety reasons for some minimal flaring, most of it occurs via routine flaring — when oil producers simply don’t have a place to put the natural gas that emerges from the ground during oil production and simply burn it off. More than $1 billion of natural gas is wasted at flares every year, driving unnecessary and harmful climate and local air pollution — including methane, an extremely potent greenhouse gas — when natural gas is not fully burned.

Rystad’s report includes two key findings that should inform EPA’s rulemaking.

Posted in Air Quality, Colorado, Methane, Methane regulatons, Natural Gas, Texas / Tagged New Mexico | Comments are closed

Round one of EPA methane comment period draws record engagement; Here’s how companies and investors can step up in round two

By Dominic Watson / Published: February 28, 2022

The public comment period for the Environmental Protection Agency’s proposed oil and gas methane rules generated more than 400,000 individual submissions, including many from energy and financial companies that support Biden administration efforts to reduce emissions of this powerful greenhouse gas.

However, our analysis of comments from energy and investment companies shows a troubling divide between those that support strong rules and others trying actively to weaken them before they even take effect. When EPA’s next comment period opens this spring, it will be critical for supporters to weigh in on the overall goal, as well as on specific provisions — including elimination of routine flaring, transitioning away from polluting pneumatic equipment, and ensuring comprehensive leak detection, including at smaller wells.

A broad collection of investors representing trillions of dollars in capital has urged oil and gas companies to demonstrate genuine effort to reduce their emissions. Yet despite increasing numbers of targets from industry in recent years, U.S. methane emissions remain sky high — suggesting voluntary efforts will not be enough to meet this challenge.

If responsible operators already taking action do not take advantage of this unique policy opportunity, the worst actors will continue to bring down the reputation of the industry as a whole for years to come.

Posted in Methane, Methane regulatons, Natural Gas / Comments are closed

To tackle natural gas waste on federal and tribal lands, the Biden administration must end routine venting and flaring

By EDF Blogs / Published: February 17, 2022

By Jon Goldstein and Ben Tettlebaum

With responsibility over one-eighth of the nation’s landmass, the Bureau of Land Management has a lot of important jobs. Chief among them is ensuring federal and tribal lands — and the minerals beneath them — are wisely and responsibly managed on behalf of the public, including U.S. taxpayers and tribal citizens.

But avoidable venting and flaring of natural gas from these lands emit harmful pollutants that have significant public health impacts, especially on communities living near oil and gas fields. What’s more, this damaging practice severely exacerbates the climate crisis and, estimates show, wastes $400 million worth of gas every year.

That’s why a broad coalition of 65 environmental, conservation, tribal, business, faith and agricultural groups called on BLM in a letter late last month to follow the lead of states like Alaska, Colorado and New Mexico and ban routine venting and flaring of natural gas.

Posted in BLM Methane, Methane, Methane regulatons, Natural Gas, Wyoming / Tagged New Mexico | Comments are closed

Texas grid reform report card is in, and it isn’t good

By Colin Leyden / Published: February 15, 2022

Following the historic and crippling grid failure caused by Winter Storm Uri in February 2021, the state of Texas — Gov. Greg Abbott and a bipartisan collection of elected leaders — pledged to ensure such a catastrophic disaster would never happen again.

The state Legislature, already in session, launched a series of hearings to find causes and culprits. Several organizations and energy experts provided state leaders suggestions and guidance; EDF was one of them. Our detailed report to the Legislature, issued in February 2021, recommended eight specific areas on which the state’s examination should focus.

Following the Legislature’s modest action, Gov. Abbott famously exclaimed, “Everything that needed to be done was done to fix the power grid in Texas.”

A look back at what’s actually been done so far to strengthen the grid, however, tells a very different story. Comparing the state’s action against EDF’s suggestions reveals a remarkably lackluster response to the biggest failure of state infrastructure and oversight in recent memory.

As we prepare to recognize the first anniversary of the grid failure, EDF graded the state’s response against our eight core recommendations.

Posted in Texas / Comments are closed

Solving the EV charging challenge: A how-to guide for regulators

By EDF Blogs / Published: February 15, 2022

By Larissa Koehler and Pamela MacDougall

We are at a pivotal moment in the electric vehicle revolution. Demand for electric cars outpaced their fossil fuel alternatives in the United States, Europe and China last year. And, demand for electric trucks and buses could jump tenfold over the next decade as interest among business and government surges.

Yet the complexities around charging still remain a major barrier to wide-scale adoption.

While state and federal legislators are setting ambitious goals for the electrification of vehicles, utility regulators across the country are the ones untangling many of the (literal) wires of how to achieve these targets. Via utility commission proceedings to consider aspects of vehicle electrification, utility plans to electrify vehicles, and stakeholder working groups, regulators are increasingly being tasked with figuring out how to integrate the tsunami of EVs plugging into the grid.

A new report from EDF, Accelerating Electric Vehicle Infrastructure: A How-to Guide for Regulators, offers guideposts for policymakers as they navigate this unprecedented transition in a way that’s clean, equitable, reliable and cost-effective.

A few highlights include:

Posted in Air Quality, Electric Vehicles / Comments are closed