U.S. Energy News

Study: Planned fossil fuel extraction puts planet on catastrophic path

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EMISSIONS: The world’s top 10 fossil fuel-producing countries are on track to extract far more oil, gas and coal by 2030 than the planet can handle without catastrophic warming, according to a new analysis by six organizations. (HuffPost)

ALSO:
• There’s no shortage of ideas to reduce cement’s weighty carbon footprint, but most are either in infancy or face significant barriers to adoption. (Grist)
Lawmakers from western Pennsylvania will fight Gov. Tom Wolf’s move to join a regional cap-and-trade emissions compact, saying it will hurt the fossil fuel sector and consumers. (TribLive)

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RENEWABLES:
• U.S. House Democrats unveil draft legislation to extend tax credits for wind and solar projects, but the bill is a long shot, observers say. (Greentech Media)
Wind and solar projects could attract up to $190 billion a year in investment by 2035, according to an industry analyst. (Greentech Media)

OFFSHORE WIND:
• New Jersey more than doubles its offshore wind target to 7.5 GW, which could provide half of the state’s electricity by the mid-2030s. (Greentech Media)
• Floating wind turbines off Maine could be operational by 2022 and will be watched by the industry as a way to tap wind resources farther away from shore and avoid local opposition. (InsideClimate News)

SOLAR:
• A new company’s reported breakthrough on concentrating solar power could help solve the big challenge of cutting industrial emissions. (Vox)
South Carolina regulators vote to let utilities pay the lowest rate in the country for solar power, which solar companies say will make it impossible to finance large projects in the state. (The State)

EFFICIENCY: A Massachusetts state grant will test the potential for passive house design in rental units by seeking to reduce energy use by at least 60% compared to conventional construction. (Energy News Network) 

TRANSPORTATION: Meeting the Paris climate agreement goals will require major innovation around clean-fuel vehicles and policy and political measures to reduce driving, according to an MIT Energy Initiative report. (Utility Dive)

OIL & GAS:
California Gov. Gavin Newsom has stopped the approval of new fracking in the state pending an independent scientific review as the state toughens its drilling oversight. (Los Angeles Times)
A ballot committee seeking to ban hydraulic fracturing in Michigan continues its yearslong effort despite previously falling short on signatures. (MLive)

NATURAL GAS: National Grid says it is working on alternatives to address a gas shortage in the New York City area as the state turns up the pressure for it to end a moratorium on new hookups. (Politico)

OFFSHORE DRILLING: A Senate committee passes a bill that would give Louisiana and other Gulf Coast states a bigger cut of offshore oil and gas revenues to use for coastal restoration. (The Advocate)

PIPELINES: Labor groups that support building a tunnel for the Line 5 pipeline in the Straits of Mackinac are withholding political contributions from Michigan Democrats, causing division leading up to the 2020 election. (Detroit News)

COAL: Murray Energy’s bankruptcy is likely to significantly increase the debt of the trust fund that covers healthcare expenses for miners dying from black lung disease. (Ohio Valley Resource)

UTILITIES:
PG&E is struggling to find a way out of bankruptcy, caught between needing to settle with wildfire victims, creditors and increasing calls for a state takeover. (New York Times)
Standard & Poor’s has downgraded Tri-State Generation and Transmission’s credit rating from A to A-, citing imminent departure of one Colorado member and the push by two others for a proposed exit fee. (Denver Post)

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GRID: The president of an electric and natural gas provider is appointed as CEO of grid operator PJM Interconnection. (Utility Dive)

COMMENTARY:
An analyst says federal review of pipelines is outdated and needs to consider environmental and landowner impacts more thoroughly. (Utility Dive)
A columnist says other states will have to follow California’s lead in building electric vehicle charging points if electrification is going to work. (The Truth About Cars)

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