In his first interview since taking the post of Department of Energy (DOE) Secretary, Ernest Moniz spoke on a variety of topics including hydraulic fracturing. Moniz said he thinks the states should play the critical role in the regulation of hydraulic fracturing rather than the federal government. He said, “I think in the end there has to be a very, very strong state role there. The situations are different in different states, the geologies are different.”
As President Obama promoted his Climate Action Plan, he praised gas drilling. He said that advances in drilling have “helped drive our carbon pollution to its lowest levels in nearly 20 years. We’ll keep working with industry to make drilling safer and cleaner, to make sure that we’re not seeing methane emissions.” He went on to say that the hydraulic fracturing industry is creating jobs and helping families lower their heat and power bills.
President Obama’s climate change plan includes a pledge to cut methane emissions. He directs EPA to work with other federal agencies to develop [...]Read more
The Environmental Protection Agency (EPA) had a deadline of April 13 to impose the first-ever greenhouse gas limits on new power plants, but they did not finalize the proposal on time. EPA is in the process of altering the rule to make sure it can withstand any legal challenges that may come its way. The rule if implemented as it was written would require new power plants to emit no more than 1,000 pounds of carbon dioxide per megawatt hour of electricity produced. EPA is debating the possibility of establishing separate standards for coal-fired power plants and gas-fired power plants. There is [...]Read more
The House Energy and Power Subcommittee of the Energy and Commerce Committee will hold a hearing on September 20, 2012 to discuss H.R. 6172. The bill would prohibit the EPA Administrator from finalizing any rule that would put a performance standard for CO2 emissions on an existing or new source that is a fossil fuel-fired electric generating unit until carbon capture and storage is deemed technologically and economically feasible. The hearing will begin at 9:45 a.m. at 2123 Rayburn.
In the wake of a recent spate of RIN fraud cases involving a reported 140 million invalid RIN (renewable identification number) credits, EPA is considering revisions to the Renewable Fuels Standard (RFS2) program that would provide greater clarity for obligated parties (oil companies that refine and import gasoline and diesel). Although EPA has taken aggressive enforcement action against fraudulent RIN producers, EPA’s current “buyer beware” policy also penalizes oil companies that are victims of RIN fraud by imposing civil penalties and requiring replacement of fraudulent RINs, [...]Read more