Page 14 - Collin Rees News Today

Environmentalists have stepped up opposition to US LNG export facilities, backing restrictive legislation in the US House of Representatives, as well as protesting a pending export authorization at the US Department of Energy. Legislation introduced Dec. 7 by Representative Jan Schakowsky, Democrat-Illinois, and Nanette Diaz Barragán, Democrat-California, would bar the Federal Energy Regulatory Commission from ...

"Any credible analysis of alternatives and Paris alignment would prevent new oil, gas, and coal projects from being financed," said Tucker.

"Confronting Big Oil’s deadly expansion plans is critical, and that's what Reps. Schakowsky and Barragán are doing with this bill," said Rees.

After what was dismissed as a disappointing COP 26 in Glasgow, in the last week we have seen significant victories in the climate fight on both sides of the Atlantic.

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Climate campaigners and other progressive critics on Friday called out the Biden administration for a new U.S. Interior Department report about leasing public lands and waters to oil and gas companies, slamming its proposals as far too weak given the need to keep fossil fuels in the ground.

	The ...

The Biden administration on Friday issued a long-awaited blueprint for overhauling oil and gas development on federal lands that includes boosting royalty rates despite high gasoline prices that have spurred demands to accelerate domestic production.

A new Interior Department report about leasing public lands and waters has left climate campaigners fuming.

"Pres. Biden promised to end oil and gas leasing entirely, but the Interior Dept.'s recommendations fall far short of that goal," said Rees.

"Governments finally had the guts to talk openly about fossil fuel dependence, but failed to encode a bold solution in their final outcomes."