Trump reportedly offering to reverse Biden's climate rules for $1 billion from oil-and-gas industry, highlighting his consistent loyalty to fossil fuels. [ more ]
EPA Aims to Combat Climate Change with New Methane Reduction Rules | KQED
The EPA estimates that the new methane emissions rule will capture or prevent enough methane to heat nearly 8 million American homes for a winter.
The rule is expected to have net financial benefits of at least $7.3 billion per year from 2024 to 2038, including cost savings, climate benefits, and health benefits. [ more ]
House GOP Would Have Taxpayers Pay for Cleanup When Fracking Boom Goes Bust
A House committee is considering legislation introduced by Rep. Boebert that could leave taxpayers with a $17.7 billion bill for cleaning up abandoned oil and gas wells on public lands.
Industry lobbyists are trying to defeat a Biden administration proposal to strengthen requirements for well cleanup on federal lands. [ more ]
Fossil Fuel Companies Back Toothless "Decarbonization Charter" at COP28 in Dubai
Civil society groups and frontline voices criticize the 'Oil and Gas Decarbonization Charter' unveiled at COP28 as a greenwashing ploy and a distraction from the need for legal agreements.
Critics highlight that the voluntary pledge does not address a significant portion of emissions produced by the industry, namely downstream consumption of oil, coal, and gas. [ more ]