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Ipieca launches industry principles
Global oil and gas association’s eight principles are grouped around four strategic pillars of climate, nature, people and sustainability
Burning developed fossil fuel reserves will exceed 1.5°C carbon budget
Significant proportion of CO₂ from oil, gas and coal assets either producing or under construction must be left unburned, study says
Vestas expects US order boost from climate act
Danish wind turbine maker welcomes Inflation Reduction Act but reports second-quarter loss as inflation and supply chain issues continue to weigh on performance
US bill on climate passes Senate
The Inflation Reduction Act contains a series of measures to stimulate the low-carbon economy in the US
India legislates on emissions
Revision of energy conservation bill aims to enshrine updated NDC in law and introduce a carbon market
Australia set to pass climate bill
New Labor government wins support from Greens for bill to reach net-zero emissions by 2050
US act would expand credits for transition technologies
Bill would provide support to companies involved in the manufacture of wind turbine components, solar panels and EV batteries
New US bill to unleash rapid clean energy deployment
The Inflation Reduction Act of 2022 includes long-term tax credits for clean hydrogen and carbon capture
US onshore wind hits post-PTC slump
Second-quarter onshore wind installations fell 78pc year-on-year amid uncertainty around the extension of tax credits and rising costs
US explores offshore wind in Gulf of Mexico
The government has opened a public consultation on over 730,000 acres proposed for wind energy development offshore Texas and Louisiana
The Supreme Court ruling further limits the Biden administration’s options for reducing emissions
US Emissions
Tom Young
1 July 2022
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US Supreme Court votes to limit EPA’s powers

Ruling constrains regulator’s authority to mandate power generators switch away from fossil fuels

The US Supreme Court has ruled to limit the powers of the Environmental Protection Agency (EPA) in regulating greenhouse gas (GHG) emissions. In a 6-3 decision, the court opted to support a case brought by West Virginia, and backed by 18 other US states, which claimed that a broader conception of the EPA’s powers enacted under the Obama administration’s Clean Power Plan was unlawful. “The only interpretive question before us… is… whether the ‘best system of emission reduction’ identified by EPA in the Clean Power Plan was within the authority granted to the agency in Section 111(d) of the Clean Air Act. For the reasons given, the answer is no,” wrote Chief Justice John Roberts in his opinion

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Ipieca launches industry principles
11 August 2022
Global oil and gas association’s eight principles are grouped around four strategic pillars of climate, nature, people and sustainability
Burning developed fossil fuel reserves will exceed 1.5°C carbon budget
10 August 2022
Significant proportion of CO₂ from oil, gas and coal assets either producing or under construction must be left unburned, study says

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