The Renewable Fuel Standard is unlikely to meet its goals of reducing greenhouse gas emissions or expanding the nation’s renewable fuels sector, according to two Government Accountability Office reports.
The EPA has raised the amount of renewable fuel that must be blended into the nation’s gasoline supply, drawing an immediate attack from the oil industry. The final Renewable Fuel Standards, announced last week, raise the levels from 18.11 billion gallons this year to 19.28 billion gallons in 2017. This … Read more »
The hits keep on coming for the oil industry as the Obama Administration races to cement its climate legacy before president-elect Donald Trump takes office in January. On Friday, the US Interior Department published its five-year plan for offshore drilling leases. The plan blocks sale of new leases for offshore … Read more »
The US Interior Department has finalized a rule to reduce methane emissions from oil and gas operations on public and tribal lands, part of the Obama administration’s push to finalize several climate and clean energy regulations before president-elect Donald Trump takes office in January. The new methane regulation, proposed earlier … Read more »