RNG NEWS
Stay up to date with the latest stories, insights, and announcements.NextEra Energy, Hawaiian Electric announce termination of plans to merge
By Duane Shimogawa, Pacific Business News.
In the wake of a decision by the Hawaii Public Utilities Commission to reject the companies’ merger application, NextEra Energy Inc. (NYSE: NEE) and Hawaiian Electric Industries Inc. (NYSE: HE) announced Monday the termination of their plans to merge.
Under the terms of the merger agreement, NextEra Energy will pay Hawaiian Electric Industries a $90 million breakup fee and up to $5 million for reimbursement of expenses associated with the transaction. After taxes, the net amount of $60 million will help to fund Hawaii’s clean energy transformation, including the 2016 plan to invest about $145 million into Hawaiian Electric, HEI said in a news release.
North Dakota sues over new methane rule
By Devin Henry, The Hill.
North Dakota’s attorney general has sued the Environmental Protection Agency (EPA) over new methane emission rules at oil and gas facilities.
In a filing in the District of Columbia Circuit Court of Appeals, the state said it considers the new rule “arbitrary, capricious, an abuse of discretion and not in accordance with law."
The EPA's rule, part of an Obama administration strategy to reduce methane emissions, sets new standards for methane leaks related to natural gas extraction, including drilling and pumping, at new or modified gas wells. The EPA published the rule in the Federal Register in June.
Future of biogas unclear in the EU
By Oliver Ristau, Deutsche Welle.
Etienne Genin is satisfied. "We use the more renewable energy than all other company locations," said the director of the L’Oreal plant in Libramont, Belgium. The global cosmetic company produces hair coloring here for all of Europe. A half-million packages roll off the conveyor belt every day, requiring 10 million kilowatt hours of electricity – the equivalent of a city with 10,000 people.
The factory’s power is supported by three gas motors just a few hundred meters from a half-dozen fermenters where organic material is collected to rot. L’Oreal has been using biogas here for the last few years. It’s important that "only those products are used that aren’t also used in food production," Genin said. He fears that could negatively impact the French cosmetic giant’s image.
Energy in moderation at RNC
By Eric Wolff, with help from Annie Snider and Kalina Oroschakoff, Politico.
DONALD TRUMP PARTY STARTS TONIGHT, BUT LITTLE FOCUS ON ENERGY: The Republican Party's four-day coronation of Donald Trump as its presidential nominee begins tonight, and the lineup looks like it will give only a modest nod to energy and environment issues. Each night will have a theme: "Make American Safe Again" on Monday, "Make America Work Again" on Tuesday, "Make America First Again" on Wednesday, and "Make America One Again" on Thursday. Of those, Tuesday seems like the best candidate to touch on energy issues.
The schedule released Sunday separated the speakers into "headliners" and everyone else. Bakken oil magnate Harold Hamm, who is the CEO and chairman of Continental Resources, appeared on the "everyone" else list and is the most prominent member of the energy industry on the list. He was a major influence on Trump's May energy speech in North Dakota, along with Rep. Kevin Cramer, though Cramer's name isn't listed among the convention speakers.
Read more...
Hawaii Governor Signs Renewable Fuels Production Tax Credit
By National Law Review.
On July 6, 2016, Hawaii Governor David Ige signed SB 2652 Related to Taxation -- Locally Produced Renewable Energy. This bill establishes a five-year renewable fuels production tax credit.
Dem senator to push 100 percent clean energy bill
By Devin Henry, The Hill.
A Democratic senator says he will introduce a bill setting a lofty clean energy goal for the United States.
Sen. Jeff Merkley (D-Ore.) said Friday he will introduce a bill this fall to require 100 percent clean energy production in the United States by 2050.
Merkley announced the goal at a Netroots Nation event during a panel discussion with, among others, Tom Steyer, the billionaire climate activist and donor who has asked candidates to commit to producing 50 percent clean energy by 2030, a goal enshrined in the Democratic Party's 2016 platform.
EPA updates methane requirements for landfills
By Devin Henry, The Hill.
Under new rules announced by the Environmental Protection Agency (EPA) on Friday, solid waste landfill operators must begin capturing methane emissions from their sites at levels one-third lower than current standards permit.
The rule, finalized Friday after being proposed a year ago next month, updates 20-year-old standards for methane emissions at landfills.
The new standards will reduce landfill emissions by up to 334,000 tons a year by 2025 and produce climate benefits worth $512 million annually by then, the EPA announced.
Clean Power Plan Saves Nearly $40 Billion On Health, Too
By Sandy Dechert, Clean Technica
Air quality improvements associated with policies such as the Environmental Protection Agency’s Clean Power Plan go a long way toward mitigating climate change—but do you know that they also directly lower human healthcare costs? About 17,000 people die every year as a result of generating electric power. Many more suffer premature death and illnesses such as heart attacks, respiratory problems, and cardiovascular illnesses.
Fossil fuel use makes up about 31% of U.S. greenhouse gas emissions and mostly produces carbon dioxide. As well as cutting CO2 emissions, the Clean Power Plan simultaneously decreases sulfur dioxide, nitrogen oxides, ozone, and soot emissions (tiny particles that can harm the heart and lungs). Once these emissions have been reduced, the large reductions in our huge health deficit will be widespread and occur nearly immediately, a recent study from Harvard has concluded.
Ontario Government to Consult on Post-2020 Cap and Trade Program Design
By David Stephens, Aird & Berlis LLP, via Lexology.
Very recently, Minister Murray sent a letter to interested stakeholders indicating that consultations will start soon to “inform post-2020 cap and trade program design.” This follows closely on the heels of the unveiling of the Ontario Government’s Climate Change Action Plan (discussed here) which outlines the measures it will take in the years up to 2020 to reduce GHG emissions and transition the province to a low-carbon economy.
The Climate Change Action Plan includes spending of more than $8 billion to achieve a reduction in GHG emissions of 8.9 million tonnes by 2020. Of course, the GHG reduction commitments made by the Ontario Government continue beyond that date. Indeed, the target in future years is even more ambitious (reductions from 1990 emissions levels of 15 per cent in 2020 to 37 per cent in 2030). The expectation is that the cap and trade program will continue beyond 2020 and will evolve to enable these increasing GHG reduction goals to be reached.
Refiners press EPA to switch RFS biofuels 'point of obligation'
By Jonathan H. Harsch, Agri-Pulse.
In comments to the EPA, CVR Energy, which owns merchant refineries in Kansas and Oklahoma, charges the agency with “failure to remove the market constraints that are preventing more renewable fuel from being blended.”
Independent merchant refiners are primarily small-to-medium-sized operations. The majority of the fuels produced at these operations are distributed through a third-party pipeline where the refiner has no control of its fuels once in the pipeline.
As the battle continues over whether EPA should raise or lower its annual Renewable Fuel Standard (RFS) volume requirements for blending ethanol and biodiesel into the nation's transportation fuel supply, CVR and several other petroleum refiners insist that the best way for EPA to increase biofuels use is to “correct the fundamental flaw in its regulations.”
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