Australia this week, however, did adopt a target of net-zero greenhouse-gas emissions by 2050, after Morrison secured support from the rural-focused National Party.
The proposal to tax oil and gas producers for methane emissions above a certain threshold faces opposition from U.S. Senator Joe Manchin along with Democrats from oil-producer Texas, sources say.
The U.S. is due to release oil and gas methane emissions regulations in the coming weeks, and the EU will unveil detailed methane legislation later this year.
Presidential orders are advancing the administration’s goals on climate, clean energy and environmental justice, says Baker Botts team.
America’s LNG exporters are unveiling efforts to slash carbon emissions from new facilities as they look to keep new multibillion-dollar projects on track amid mounting climate pressures.
Performance-based guidelines are key to reducing methane emissions.
A drop in green energy costs and tougher emissions targets take shine away from the natural gas industry’s ‘cleaner than coal’ pitch.