The new Administration is off to a running start, as Wednesday saw a flurry of Executive Orders come out, many of which deal with climate change, and the oil & gas industry. There are a lot of items, and they are all pretty detailed with substantial backstory, but we are going to try and briefly touch on the three major items relevant to the industry and quickly go over the main points (or, try to at least!)
Topics: Keystone XL, Climate Change, clean power plan, Biden Administration, paris accord
Last week Massachusetts Governor Charlie Baker vetoed a bill that committed Massachusetts to reducing carbon emissions to 85% of 1990 levels over the next 3 decades, with the goal being a 100% reduction versus 1990 levels. Included as well are interim 5 year goals, one of which is a 50% reduction by 2030. The ultimate goal of the bill is requiring Massachusetts to become carbon neutral by 2050 - which is a goal Baker has publicly endorsed throughout his tenure.
Topics: Massachusetts, Carbon Emissions
Controversy is brewing on the issue, of all things, of wood pellets.
Topics: Climate Change, Carbon Emissions, renewable energy