Tag: Inflation Reduction Act

What Does the New Inflation Reduction Act (HR5376) Say About Electric Vehicles?

Here’s some of the verbiage concerning electric vehicles as the US moves forward to address climate change PART 4—CLEAN VEHICLES SEC. 13401. CLEAN VEHICLE CREDIT. (a) PER VEHICLE DOLLAR LIMITATION.—Section 30D(b) is amended by striking paragraphs (2) and (3) and inserting the following:‘‘(2) CRITICAL… Continue Reading “What Does the New Inflation Reduction Act (HR5376) Say About Electric Vehicles?”

METHANE is mentioned 47-times in the 273-pages of H.R. 5376 Inflation Reduction Act (IRA)

Here are some mentions of “methane” related to oil and gas production: DEFINITION OF GREENHOUSE GAS.—In this section, the term ‘‘greenhouse gas’’ means the air pollutants carbon dioxide, hydrofluorocarbons, methane, nitrous oxide, perfluorocarbons, and sulfur hexafluoride. H. R. 5376—241 & 242 SEC. 50263. ROYALTIES… Continue Reading “METHANE is mentioned 47-times in the 273-pages of H.R. 5376 Inflation Reduction Act (IRA)”

TODAY’S FOCUS: Range Resources Methane Reporting

An August 10, 2022 story by Zachary Mider on Bloomberg, Methane ‘Loophole’ Shows Risk of Gaming New US Climate Bill points out how “several energy companies have adopted an unorthodox interpretation of EPA rules to slash their reported methane emissions.” “An unorthodox reading of a single word… Continue Reading “TODAY’S FOCUS: Range Resources Methane Reporting”