Fossil Fuels

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Key Energy Bills Win Crossover Votes in Md. General Assembly
Bills moving forward could introduce voluntary time-of-use rates in the state, disclosure statements about green power and point-of-sale EV rebates.
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Shapiro Proposes Cap-and-trade, More Renewables for Pa.

Pennsylvania Gov. Josh Shapiro announced a new state energy plan he says will ramp up renewable production and save ratepayers $252 million while generating $5.1 billion in clean energy investments.

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DOE Announces $750M in Clean Hydrogen Funding
The DOE's funding announcement is part of the administration’s effort on clean hydrogen, seen as an emerging technology that offers the U.S. an opportunity to lead the global market.
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SEC Scales Back GHG Reporting, Climate-risk Disclosure Rules
Under the finalized rules, the SEC estimates only 40% of U.S. firms and 60% of foreign companies will have to report their emissions.
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Global CO2 Emissions Hit New High, Could Have Been Higher
Worldwide CO2 emissions hit a new record in 2023 but would have climbed even higher without the rapid adoption of clean technology.
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NJ Panel Backs Bill to Increase Distribution Capacity for Renewables
A New Jersey Senate panel OK'd a bill requiring utilities to upgrade their distribution infrastructure to increase their capacity for renewable generation.  
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Crude Oil, Natural Gas Emissions Regs to be Published

New EPA standards intended to reduce air emissions from the crude oil and natural gas industries are scheduled to be published this week.

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Utilities Facing Increased Scrutiny over Political Activities

Bribery scandals and concerns over reliability and the pace of decarbonization have caused increasing scrutiny of utilities’ political activities.

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Utility CEOs See Ongoing Role for Gas, Nuclear in Decarbonization
Utility executives told state regulators that natural gas and nuclear power will be part of the electric mix for decades as the industry decarbonizes.
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Whitehouse: Best Defense for IRA is Funding, Building More Projects

One of the Senate’s strong liberal voices on climate change, Sen. Sheldon Whitehouse slammed the fossil fuel industry for its campaign of “climate denial and propaganda.”


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