Today, the Department of Treasury and the Internal Revenue Service released the final rule that will determine tax credits for clean hydrogen production. Section 45V, the Clean Hydrogen Production Tax Credit, was created by the Inflation Reduction Act in order to support the Department of Energy’s Regional Clean Hydrogen Hubs program and create investment certainty within the nascent industry that has the potential to reduce emissions in several hard-to-decarbonize sectors.
Today, the Department of Energy and the Environmental Protection Agency announced $850 million in funding to reduce methane pollution from the oil and gas industry through the Methane Emissions Reduction Program (MERP). The awards are for projects led by agencies, tribes, states, communities, and industry to track and mitigate methane leaks.
Nearly a year after the historic decision by President Biden and Department of Energy Secretary Granholm to pause consideration of new and pending liquefied methane gas, known as LNG, export applications, the DOE has released updated analysis underpinning the criteria used to make a public interest determination for these applications. The studies were released as final, and there will be a 60-day public comment period that will inform the implementation of the studies.
A new report details the extent to which the export industry for liquefied methane gas, known as LNG, benefits from billions of dollars in tax breaks, also called tax abatements, in Louisiana and Texas, with local communities suffering as a result. As the incoming Trump administration threatens to lift pollution safeguards and offer giveaways to the fossil fuel industry, this report brings much-needed scrutiny to the true harm LNG export projects cause by depriving communities of valuable tax revenue for critical infrastructure and services such as bridges, hospitals, schools, and climate…
A report from Politico today indicates that President-elect Trump would attempt to resurrect the long-dead Keystone XL pipeline project, despite the decade-plus-long fight against the pipeline that brought together a broad range of opponents, including Tribes, landowners, and environmental and public health advocates.
The United States Supreme Court rejected an effort by industry polluters and their political allies to block the U.S. Environmental Protection Agency’s (EPA’s) comprehensive Clean Air Act standards to cut methane and other harmful pollutants from the oil and gas industry. The Court’s ruling is a victory for our families and communities, particularly those living on the front lines of oil and gas development. EPA’s methane safeguards —which include the first-ever standards for existing equipment as well as strengthened protections for new equipment— are a major win for climate and public…
Today, Gulf Coast and environmental groups filed petitions for review challenging the Federal Energy Regulatory Commission’s approval of Venture Global’s proposed CP2 LNG. In a 2-1 vote, FERC voted to approve the controversial liquified methane gas export project at its June meeting despite significant flaws in its analysis and information gaps in its review.
Today, the US Senate Committee on Energy and Natural Resources passed the Energy Permitting Reform Act of 2024, dubbed the “Dirty Deal,” sponsored by Senators Joe Manchin and John Barrasso. The legislation would open up federal lands and waters to more leasing and drilling and unnecessarily rush the review of proposed gas export projects, forcing decisions to be based on flawed, outdated studies.
Today, a coalition of environmental organizations and an impacted landowner backed by eight state Attorneys General and the New Jersey Ratepayer Advocate won their challenge to the Federal Energy Regulatory Commission’s (FERC) approval of the Regional Energy Access Expansion (REAE) project, which would allow a massive and unneeded expansion of gas capacity into New Jersey.
The US Court of Appeals for the DC Circuit vacated, or invalidated, a decision by the Federal Energy Regulatory Commission that allowed the construction of the Regional Energy Access Expansion project to expand the Transco pipeline to bring additional fracked gas from Pennsylvania to, primarily, New Jersey and Maryland.