Adoption of rules establishing a funding structure for offshore wind renewable energy credits set the stage for New Jersey’s first offshore wind solicitation and established the market certainty needed for long-term investment in the industry, according to a Feb. 8 report by the New Jersey Board of Public Utilities, detailing the progress made towards the state’s…...
The U.S. Bureau of Land Management state offices generated more than $1.1 billion of revenue from oil and gas lease sales during 2018, nearly thrice the previous record of $408 million set a decade ago, according to a Feb. 6 press release. The agency’s New Mexico office held 2018’s biggest lease sale in September, earning…...
Democratic Senator Ed Markey and Democratic Representative Alexandria Ocasio-Cortez introduced a Green New Deal resolution on Feb. 7 setting out the goals and aspirations of the ambitious plan which seeks to tackle the nation’s contribution to climate change by making it carbon free over just a decade. The resolution calls for unprecedented, World War II-style mobilization of the U.S. economy…
DetailsU.S. electric power sector emissions of sulfur dioxide (SO2), nitrogen oxides (NOx), and carbon dioxide (CO2) will remain mostly flat through 2050, assuming no changes to current laws and regulations, according to the EIA’s recently released Annual Energy Outlook 2019. Regulation has greatly contributed to the decline of pollutants like SO2 and NOx from the electric…
Details
