Saving The Books, Cooking The Planet

Credit to Author: Nexus Media| Date: Fri, 13 May 2022 02:00:39 +0000

Oil and gas companies are increasingly using mergers and acquisitions to offload emissions from their own balance sheets as a way to meet corporate climate targets without actually reducing emissions, according to a report released Tuesday by the Environmental Defense Fund. Examining mergers and acquisitions between 2017 and 2021, EDF found 155 deals totaling $84.6 billion that […]

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In 2021, Value of USA–Canada Energy Trade Rose from 2020 Lows

Credit to Author: U.S. Energy Information Administration| Date: Tue, 10 May 2022 14:16:12 +0000

In 2021, the value of U.S. energy imports from Canada totaled $102 billion, which is 76% higher compared with 2020. The value of U.S. energy exports to Canada totaled $21.9 billion, 40% higher compared with 2020, according to data from the U.S. Census Bureau. Crude oil and petroleum products combined accounted for 89% of the […]

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REpowerEU: Europe’s Chance to Say Bye to Fossil Fuels

Credit to Author: Guest Contributor| Date: Fri, 06 May 2022 05:25:51 +0000

REpowerEU is an opportunity to create an EU level strategy and support mechanisms to lower oil demand in the near term. In this position paper, T&E highlights top priorities. Originally published on Transport & Environment. REpowerEU is the EUʼs flagship strategy to reduce Europeʼs energy dependance on Russia, planned for publication on the 18th of May. […]

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Natural Gas Bans Expensive, and Would Impact Electric Grid Reliability

Credit to Author: Mary Hutzler| Date: Mon, 02 May 2022 04:11:00 +0000

Major cities including San Francisco, Seattle, Denver, and New York have either enacted or proposed measures to ban or discourage the use of natural gas in new homes and buildings, just a few years after

The post Natural Gas Bans Expensive, and Would Impact Electric Grid Reliability appeared first on POWER Magazine.

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5 Ways To Cut Oil & Gas Use Through Clean Transportation (Video)

Credit to Author: World Resources Institute| Date: Sun, 01 May 2022 23:37:54 +0000

There’s never been a better time to reduce reliance on fossil fuels. Oil and gas prices are skyrocketing as a result of Russia’s invasion of Ukraine, with gas prices exceeding $4 a gallon in the United States in March 2022 and more than $10 a gallon in other countries. Meanwhile, the world is already experiencing […]

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ACES Delta’s Giant Utah Salt Cavern Hydrogen Storage Project Gets $504M Conditional DOE Loan Guarantee

Credit to Author: Sonal Patel| Date: Thu, 28 Apr 2022 20:00:20 +0000

The Advanced Clean Energy Storage Project, a much-watched project under development in Delta, Utah, that is shaping up to be the largest renewable hydrogen energy hub in the U.S., has garnered a conditional commitment for a $504.4 million loan guarantee from the Department of Energy’s (DOE’s) federal loan guarantee program. The conditional loan guarantee commitment […]

The post ACES Delta’s Giant Utah Salt Cavern Hydrogen Storage Project Gets $504M Conditional DOE Loan Guarantee appeared first on POWER Magazine.

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