Strict EPA Emissions Proposal Would Mean Surge in EV Sales
The proposal, if finalized, represents the most aggressive U.S. vehicle emissions reduction plan to date, requiring 13% annual average pollution cuts and suggests two out of every three new vehicles sold would be electric within a decade.
US Reduces Flaring and Flaring Intensity, The World Bank Says
The U.S. continued to make steady progress to reduce its gas flaring in 2022 and achieved a 9% reduction compared to 2021, The World Bank announced in a recent report on flaring.
Sources: Japan's Three Megabanks Face Votes on Climate Change
The coordinated effort marks a step up from the past three years, when climate groups targeted one megabank each year, now calling simultaneously for action by the Japanese banks, seen as lagging their global peers in efforts to slash carbon emissions.
Canada and Europe Race to Keep Pace with US in CCS
Canadian and Europeans Scramble as the U.S. Inflation Reduction Act and Bipartisan Infrastructure Law incentives ‘will turbocharge investment’ domestically.
Aker BP and OMV (Norge) AS Ink CCS Deal in Norway
Aker BP and OMV (Norge) AS entered into a CCS collaboration agreement and have been awarded a license, named Poseidon, in accordance with CO2 Storage Regulations on the Norwegian Continental Shelf (NCS).
Japan's Inpex Submits Revised Development Plan for Abadi LNG Project
Japan's biggest oil and natural gas explorer, Inpex, submitted the revised plan of development on behalf of its joint venture with Shell after amending it to include plans to neutralize all CO2 emitted from natural gas production at the Abadi gas field through CCS.
EQT, Context Labs Announce Low-carbon Strategic Partnership
EQT Corp. and Context Labs announced a strategic partnership to organize and contextualize EQT’s emissions data.
Williams Hopes Gas Pipeline Project Gives LEG Up in Transition
Williams’ LEG gas pipeline project is a key component of its low-carbon strategy.
Chevron Dominates Long-awaited GoM Lease Sale
High bids increased by $72 million in the first GOM sale in two years.
Report: Fossil Fuels Still Motor on as Transition Trudges Along
Despite pledges and investment, the energy transition remains sluggish as fossil fuels continue to rule, energy outlook report says.