Daily News

Daily News

December 20, 2021

EPA is finalizing an update to greenhouse gas standards for model year 2023-2026 light-duty vehicles, imposing requirements on automakers that will achieve “significant” emissions reductions including tighter standards than it initially proposed for later years covered by the rule.

December 17, 2021

The Office of the Comptroller of the Currency (OCC) is issuing draft supervisory guidance for banks regarding climate-related financial risks, the first such guidance from a financial regulator that environmental groups are embracing as a key step toward broader standards for the sector.

Biden administration officials are advancing a draft proposal to reinstate a greenhouse gas performance measure that states would have to incorporate into their plans for highways and other surface transportation projects, a move that could complement measures in the new infrastructure law requiring states to craft plans to cut transportation GHGs.

A federal judge is seeking additional briefing on threshold questions in Republican states’ suit challenging Biden administration efforts to permanently revise Trump-era social cost of carbon (SCC) values, including whether the states have suffered a “concrete injury” sufficient to show standing and whether the president has the power to change the values.

December 16, 2021

Acting EPA air chief Joe Goffman is stressing the importance of a novel community-based monitoring concept the agency floated in its proposal to strengthen methane standards for the oil and gas sector, suggesting EPA’s forthcoming supplemental proposal to flesh out the details of that measure could be key to the overall rule’s success.

Senate Democrats are signaling that final passage of their climate-heavy budget “reconciliation” bill is unlikely to occur this year, even as lawmakers continue to develop the sprawling package including the release of a new Senate environment panel text that includes major spending for EPA climate and other initiatives.

California air board officials are floating a “zero nitrogen oxide (NOx) and carbon” emissions limit applying to the sale of all new space and water heaters starting in 2030 as part of the state’s building decarbonization strategy and broader plans to achieve carbon neutrality by 2045 or sooner.

December 15, 2021

An EPA official is highlighting $5 billion in the new infrastructure law for the agency to subsidize zero-emission and other “clean” school buses as a “transformative” opportunity to improve public health and advance low-carbon technology as regulators eye tougher greenhouse gas and air standards for the heavy truck sector.

Environmentalists are ramping up their calls for tougher regulations on banks and financial markets to curtail financing of fossil fuel development and other high-carbon activities, arguing that such lending enables a huge amount of greenhouse gas emissions.

December 14, 2021

The Environmental Defense Fund (EDF) is touting new aerial survey data of methane emissions in the Permian Basin to bolster its argument that EPA’s proposed oil and gas methane rules need to be strengthened to require multiple inspections of smaller oil and gas sites.

North Dakota officials are asking the Supreme Court to re-instate the Trump EPA’s Affordable Clean Energy (ACE) power plant rule, taking a narrower approach than other petitioners in the case over the scope of EPA’s greenhouse gas authority under the Clean Air Act.

The California Public Utilities Commission’s (CPUC) controversial plan to overhaul its rooftop solar net energy metering (NEM) rules aims to strike a cost balance among utility customers, including limiting compensation for solar users for generating power for the grid to account for utilities’ costs to maintain their operations, according to a research analysis.

Congress is bolstering a series of climate change resilience requirements for the Department of Defense (DOD) in its annual bill authorizing appropriations for military activities and programs, codifying a plethora of goals from the Pentagon regarding climate risk preparedness and sustainability.

December 13, 2021

A West Virginia-led state coalition and other EPA critics are urging the Supreme Court to narrow the agency’s Clean Air Act authority to write power sector climate rules, charging an appellate ruling “misconstrued” EPA’s authority and its decision, if upheld, would give the agency the ability to “to upend the power industry.”

Democrats are considering a possible compromise between lawmakers that support non-union automakers and those that back unionized companies that would broaden eligibility for a “bonus” tax credit for electric vehicles (EVs) beyond a current plan that would award it only to union-made vehicles.

Biden administration officials are focusing on near-term deployment of electric vehicle (EV) charging stations and other low-carbon technologies funded by the new bipartisan infrastructure law, as agencies race to implement the new statute and lay the groundwork for what they hope will be significant carbon emissions cuts.

A new study from the Federal Reserve is urging banks to increase their focus on the adverse economic “transition” risks of climate change rather than the acute physical impacts of disasters, finding banks aren’t adversely impacted by severe weather events, though economic experts are warning against using the research to predict future impacts.

December 10, 2021

EPA is floating new updates for its major climate regulatory initiatives addressing power plants, vehicles and the oil and gas sector, including new timelines for rules that may stretch out toward the end of President Joe Biden’s current four-year term.

A top international financial institution is renewing calls for world leaders to set ambitious near-term greenhouse gas targets and impose either explicit or implicit carbon prices, arguing its advice floated before this year’s United Nations climate talks still holds true because officials did not make enough progress on those issues.

California’s air board has approved landmark rules requiring new small off-road engines (SORE) used in lawn and other outdoor equipment to have zero emissions beginning in 2024, as well as a first-time smog check program for heavy-duty diesel trucks, both of which aim to dramatically cut conventional and climate pollution in the Golden State.

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