Energy & Fuel

EPA Describes How It Will Regulate Power Plants After Supreme Court Loss

"Following the Supreme Court’s landmark ruling last week limiting the government’s ability to restrict the pollution that is causing global warming, the Biden administration is planning to use other regulatory tools in hopes of achieving similar goals."

Source: NYTimes, 07/08/2022

"Oil Industry Sees Ongoing Leasing Pause in New Biden Gulf Plan"

"A “de facto moratorium” on offshore oil and gas leasing is taking hold over the next several months while the Biden administration considers its options for a proposed five-year leasing plan for the Gulf of Mexico, an oil and gas industry attorney said."

Source: Bloomberg Environment, 07/07/2022

"Environmental Justice Advocates Slam Supreme Court Ruling"

"The Supreme Court decision to limit how the Environmental Protection Agency regulates carbon dioxide emissions from power plants could make an already grave situation worse for those affected most by climate change and air pollution, advocates say."

Source: AP, 07/05/2022

"OPEC Reaffirms Slightly Higher Oil Output"

"With President Biden preparing to visit Saudi Arabia in July, the kingdom and its oil-exporting allies ratified slightly elevated crude oil output while waiting to see whether additional spare capacity would be needed to deal with sanctions on Russia or output disruptions in countries such as Libya or Nigeria."

Source: Washington Post, 07/01/2022

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