By Rachel Frazin The majority of the planet’s oil, gas and coal must remain in the ground to provide just a 50 percent chance of limiting the amount the Earth has warmed to 1.5 degrees Celsius, according to a new study. The study, published in the journal Nature, found that 58 percent of the planet’s oil,
By Erin Mundahl The impacts of American energy production aren’t felt only in top producing states like Texas and Pennsylvania—the industry is a driver of employment and growth in every sector of the economy and in all 50 states. In fact, the oil and natural gas industry directly or indirectly supported 11.3 million jobs and
By Madeline Thomas On June 9, 2021, Texas Governor Greg Abbott signed House Bill 1284 (“HB 1284”), which was introduced along with its Senate companion, SB 450, during the state’s 87th legislative session. HB 1284 grants the Texas Railroad Commission (“RRC”), the governmental agency that regulates the state’s oil and gas industry, sole jurisdiction over
By The Editorial Board Electric grid operators in Texas and California are again urging residents to conserve power amid a sweltering heat wave to avoid blackouts. Keeping your thermostat at 78 degrees during the summer may be the green new normal. The Electric Reliability Council of Texas (Ercot) warned this week that a large number
An increasing awareness and concern about the environment, changes in government policy, America’s re-entry into the Paris Agreement and a robust demand for carbon offsets all point toward an appetite for a different type of agricultural crop — carbon. “There has been an increasing amount of discussion on how to create a way for farmers
By Phred Dvorak | Photographs by Go Takayama for The Wall Street Journal Japan built the world’s third-largest economy on an industrial base powered by imported oil, gas and coal. Now, it is planning to shift a big chunk of that power to hydrogen, in one of the world’s biggest bets on an energy source long
By James Osborne WASHINGTON – The Biden administration, facing a Congress unlikely to take significant action on climate change, is considering reaching beyond environmental law to establish tough, new financial regulations that raise the capital costs of the nation’s fossil fuel industries. To accomplish the president’s agenda of dramatically lowering greenhouse gas emissions, the Securities
By Felicity Bradstock With carbon capture having hit record levels, government investment in new projects is soaring, even Elon Musk is backing it. Here’s what’s happening in the space. As populations continue to grow and our energy burden to the planet increases, carbon dioxide levels in the earth’s atmosphere have hit a 4.5 million-year high, reaching 419 parts
By Corbin Robertson Jr. and Susan Combs The United States is now the energy capital of the world with the Lone Star State leading the way. In Texas, traditional energy workers represent approximately 5 percent of the state’s employment, not to mention the indirect jobs and economic output generated by the industry. However, Texas must face the