Energy & Fuel

Renewables To Flourish Further in 2021

Energy markets may mean more than government action in the ongoing effort to cut global warming emissions. But industry spin makes it tough to sort out the facts. The latest TipSheet, part of our expanding “2021 Journalists’ Guide to Energy & Environment” special report, has context on tech advances, shifting demand and the impact of subsidies. That, plus six top developments to watch.

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Dems Push Regulator To Scrap Rule Forcing Banks To Serve Oil, Gun Firms

"The chairwoman of the House Financial Services Committee and nearly two dozen House Democrats urged a federal bank regulator Wednesday to scrap a potential rule forcing banks to serve oil, gas and firearm companies."

Source: The Hill, 01/04/2021

Sale of Arctic Leases Draws an Unusual Taker. It May Be the Only One.

"After a three-year push by the Trump administration to open the Arctic National Wildlife Refuge in Alaska to oil drilling — an effort that culminated in a rush to sell leases before the White House changes hands — in the end the only taker may be the state of Alaska itself."

Source: NYTimes, 12/31/2020

'That Terrifies Me': Trump Rule Allows LNG Rail Transport In Dense Areas

"In an effort to boost natural gas exports, the Trump administration has reversed longstanding federal policy and approved transport of gas by rail anywhere in the country. Opposition has come from Hollywood stars, state attorneys general and local residents who worry about the danger this poses. But plans are moving ahead for a New Jersey project that calls for one of the longest such transport routes in the country: 200 miles through densely populated areas of the East Coast."

Source: NPR, 12/30/2020

"Stimulus Law Program to Scrub Carbon From Air Draws Skeptics"

"Congress has prioritized scrubbing the atmosphere of carbon dioxide as a way to avoid the worst consequences of climate change, earmarking $447 million for carbon removal research and development in the stimulus bill signed into law. But climate scientists and decarbonization advocates disagree about the need for such a program, and the extent to which the money Congress appropriated for it will make a difference for scaling up carbon capture technology."

Source: Bloomberg Environment, 12/30/2020

Greens Sue Over Trump Rule Exempting Quick Dishwashers From Efficiency Stds

"A coalition of environmental and consumer groups is suing the Department of Energy after it exempted quick-wash dishwashers from energy efficiency requirements.

The October rule creates a new category of dishwashers, one that lets companies meet less efficient water and energy standards if the machines wash and dry within an hour.

Source: The Hill, 12/30/2020

"Exxon Knows Its Carbon Future And Keeps the Data From View"

"It was February 2019, and Exxon Mobil Corp. was ready to make one of the largest-ever investments in a U.S. hub for overseas shipments of liquefied natural gas. The $10 billion project was going to be built on the Texas coast under an auspicious name: Golden Pass."

Source: Bloomberg Green, 12/30/2020

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