Eric Schaeffer, executive director of the Environmental Integrity Project and former EPA enforcement chief, said the Supreme Court decision will force “EPA back to drawing board.”
The court’s 6-3 ruling restricted the EPA’s authority to regulate greenhouse-gas emissions from existing coal- and gas-fired power plants under the landmark Clean Air Act anti-pollution law.
“With 1,000 people moving to Texas each day, the long-term solution for our state’s energy needs is to invest and build more cheap, reliable natural gas-fired electric generation,” Texas Railroad Comissioner Chairman Wayne Christian said.
U.S. Energy Secretary Jennifer Granholm said jobs in the U.S. oil business should rise in 2022 as drillers produce more to meet demand as the pandemic eases and as Russia’s invasion removes petroleum from global markets.
A consortium plans to spend billions on solar modules and says more action is needed following the Biden administration’s decision to pause tariffs on solar panels from four counties.
Biden will also call on states to temporarily suspend state fuel taxes and challenge major oil companies to come to a meeting with his energy secretary later this week with ideas on how to bring back idled refining capacity.
Democratic senator Ron Wyden will introduce a bill that would apply an additional 21% tax on excess profits from oil and gas companies with more than $1 billion in annual revenue.
Government and corporate goals put pressure on the Biden administration to pause tariffs on certain solar panel imports. However, not everyone in the U.S. renewables sector is celebrating the move.
The launch of a nationwide network of regional hydrogen hubs will create good-paying jobs and jumpstart the U.S.' clean hydrogen economy, according to the U.S. Department of Energy.
The settlement now puts pressure on the Biden administration to conduct a stringent environmental review of the leases at a time that president has been under heavy criticism from his voter base for backsliding on his campaign trail climate promises.