Hope for negotiated US infrastructure deal
Ruling by parliamentarian means Biden plan could be passed by a reconciliation bill if needed
President Joe Biden’s energy transition plan came a step closer to passing into law last week when his administration received a supportive ruling from the Senate’s nonpartisan arbiter of rules, parliamentarian Elizabeth MacDonough. MacDonough ruled that the Congressional Budget Act of 1974 can allow for multiple reconciliation bills in one fiscal year. These bills allow budget-related items to pass with a simple majority rather than the two-thirds needed for other legislation. $174bn — Proposed investment in EV market This hands the Democrats power to push through Biden’s agenda by adding directives to the $1.9tn Pandemic Relief Bill passed in March. Biden’s proposed $2.25tn, eight-
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21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals