Natural Gas by S&P Global Commodity Insights’ Post

Mainers need to oppose this move. The Government needs less departments, not more. Enough is enough. New England has the highest utility bills, a gas-electric grid in critical condition and ineffective tax payer subsidies propping up electrification efforts (including heat pumps and offshore wind) that will not work. We are over regulated and over taxed with nothing but high energy bills and low reliability to show for it. Governments that have taken control of energy policy making losing bets on variable and inadequate renewables are falling apart (Germany, UK, California, Massachusetts). And worse...those least able to pay, incur the most burden. Lastly - remember, we are now in the Loper Bright era with an overturned Chevron Doctrine. The courts are clear that agencies and departments do not get to interpret the laws to fit their policy agenda. This is relevant because for years the precedent has been watching poorly written energy legislation (ambiguous and ideologically driven) turn into enforceable, misguided and often destructive regulations enforced by state departments. Give the tax payers back their money, stop over regulation and remove the climate crisis idealogues from office, don't give them more control.

What a week for the energy sector! Last Wednesday, Donald Trump's election victory sent renewable energy stocks plummeting, even as the broader market had its best day since 2022. The main concern? Potential tariffs and policy shifts that could increase the costs of renewable energy development. Despite these worries, experts suggest this might be an overreaction. Notably, significant investments from President Biden's Inflation Reduction Act in red states are likely to keep some renewable incentives in place. For instance, 18 House Republicans have already urged caution in altering the Act due to the jobs and business benefits in their districts. Moreover, Trump's advisors, including Jared Kushner and Howard Lutnick, have benefited financially from these renewable investments, suggesting potential resistance to drastic changes. On the fossil fuel front, Trump's plans include exiting the Paris climate agreement again and increasing mining and drilling on federal lands. His energy team is also preparing to roll back protections on national monuments for oil and gas development. While Trump's stance may stall national climate efforts, many states, local leaders, and the private sector are still committed to advancing clean energy. Let's discuss: What do you think the future holds for renewable energy under the new administration? #RenewableEnergy #CleanEnergy #USEnergy #ClimatePolicy

If passed, the #NaturalGasaxRepealAct act would repeal the recently implemented tax on #methane #emissions, a move that the Energy Workforce & Technology Council believes is crucial for the future of the #energy industry. Read more: https://ow.ly/bL2J50S6iJh #naturalgas

File under "messy mid-transition" - a good lesson in what not to do, courtesy the government of Ontario: "In a Dec. 21 decision regarding Enbridge’s rates, the Ontario Energy Board found that funding gas pipelines in new construction was a bad investment for Ontario’s gas customers...[Enbridge] has been arguing that the decision “sets a deliberate course to eliminate natural gas from Ontario’s energy mix.” The opposite is true: The decision aims to avoid bad investments and maintain the affordability of gas as an important part of Ontario’s energy mix during the energy transition. The OEB’s mandate is to protect energy consumers. That is exactly what it did with its recent decision – and exactly what the government is undoing with Bill 165." https://lnkd.in/gj9DQbFj

President Trump’s second term may look very similar to the first – continued deregulation and strong support for the fossil fuel industry and American business interests. Learn more about what to expect in the coming months, including considerations for the energy industry. #Energy #OilAndGas #TrumpAgenda #Trump #PresidentTrump #AmericanEnergy #EnergyIndependence #slotnicklaw #slotnick

The early days of the Trump 2.0 Administration have already signaled a dramatic shift in energy policy, with a series of executive actions aimed at removing regulatory barriers to domestic energy development and infrastructure. At Vinson & Elkins, we are at the forefront of analyzing these changes and guiding clients through their impact. Our multidisciplinary team closely monitors every development from permitting reform and environmental policy shifts to LNG export approvals, antitrust implications, and tax credit considerations under the Inflation Reduction Act. These executive orders are just the beginning—legislative battles, regulatory agency actions, and legal challenges are sure to follow. Our team has deep experience navigating federal agencies, regulatory frameworks, and complex transactions in the energy sector #EnergyLaw #RegulatoryInsights #PublicPolicy https://lnkd.in/eX7fzqkV

What will Trump’s presidency mean for the composition of the Federal Energy Regulatory Commission? Learn more from Jacob Brandes and Catherine McCarthy in this Energy Legal Blog post: https://lnkd.in/eYraW4_3 #ferc #energy #trump

Last week, the Administration released guidance on their regulatory plans for the rest of the term. 🏛️ 🌱 From EPA rules on greenhouse gas emissions to Interior Department regulations affecting offshore oil, there's a lot at stake for the energy sector. Energy Workforce President Tim Tarpley provides in-depth analysis to understand what's coming and how it might impact the industry.💼🔍 https://lnkd.in/gdRsH-yX

Trump’s second term will almost certainly look very similar to the first – continued deregulation and strong support for the fossil fuel industry. Learn more about what to expect in the coming months, including considerations for the energy industry. #Energy #OilAndGas #TrumpAgenda Edward Hild

The IRA is an example of the commitment of the United States to the clean energy transition. However, despite ambitions towards developing a low-carbon and resilient energy system, there are multiple and various challenges for a rapid deployment of the infrastructures that are necessary to meet the expanding energy requirements. Permitting is one of them.   Both sides of the aisle recognize the need for a faster permitting structure and increasing legislative certainty to attract investments in all of the areas of the energy value chain. Earlier this week, a bipartisan bill that aims to address this issue has been presented, and my colleagues Quill Robinson, Ray Cai, Cy McGeady and I take a look from different angles at how it could help America's energy reforms. https://lnkd.in/epKwk4ev