Daily on Energy ⚡— The scene from today’s protest at EPA headquarters
EPA PROTEST FOR STRICT POWER PLANT RULES: Environmentalists and liberal lawmakers staged a demonstration at Environmental Protection Agency headquarters today to call on the agency to set strict limits on power plant pollution as the public comment period for their proposed rule comes to a close.
The proposal is likely to face legal challenges from Republican-led states that welcome fossil fuels, along with legislative challenges. The Supreme Court curbed the EPA’s authority to curb power plant pollution last summer. Welcome to Daily on Energy, written by Washington Examiner Energy and Environment Writers Breanne Deppisch and Nancy Vu . Email [email protected] or [email protected] for tips, suggestions, calendar items, and anything else. If a friend sent this to you and you’d like to sign up, click here. If signing up doesn’t work, shoot us an email, and we’ll add you to our list.
While environmentalists and tribal groups cheered the decision, many critics argued that the decision undercuts the Biden administration’s promises to reduce reliance on Russian energy and puts the U.S. in a less competitive position against countries like China. While the attorneys general said they support a negotiated deal, they argued in an amicus letter that the new settlement amount falls far short of Dupont’s liability and would push costs onto U.S. residents and businesses.
The analysis, reported by Bloomberg, states the waning availability of homeowners’ insurance could weaken credit quality over time, with cost increases leading to possible socio-economic shifts of communities over a longer span of time. California is already experiencing a population decline, with reduced competition among remaining insurers leading to higher prices and few options for current residents or those considering moving to California. Read the report here.
NORWAY TO CONNECT WESTERN EUROPE’S LARGEST LNG PLANT TO ITS GRID: Norway has approved a plan to connect Western Europe’s largest LNG plant, on the island of Melkoeya in the Arctic Circle, to its national power grid, the government announced this morning, in an effort to help drive down emissions. To help ease concerns from environmental groups and fears from consumers about higher power prices, Norway’s center-left government agreed to postpone the power switch at the Hammerfest plant until 2030, or two years later than originally planned. It also said it will support development of new renewable resources and connection lines in the country’s northwest.
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The EPA’s ambitious plan to cut auto emissions to slow climate change runs into skepticismThe U.S. government’s most ambitious plan ever to slash planet-warming greenhouse gas emissions from passenger vehicles faces skepticism both about how realistic it is and whether it goes far enough.
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