Tuesday, December 23, 2025

The EPA’s CO2 Rules: More Gas-Fired Generation Plants, Other Remedies

Last month, the U.S. Environmental Protection Agency (EPA) released its proposed Clean Power Plan, which plans to lower carbon dioxide (CO2) emissions by 30% by 2030, compared to 2005 levels. The U.S. levels in 2013 were 10% below those of 2005 – a growth of 2% from 2012 levels. The EPA said that the combustion of fossil fuels to generate electricity was

GOM: Companies Prep for Deepwater Development

The U.S. Department of the Interior estimates the GOM has 48 billion BOE yet to be discovered. Royal Dutch Shell (ticker: RDS.B) announced its third major oil discovery in the Gulf of Mexico (GOM) on July 15, 2014, and expects it to yield 100 MMBOE of reserves. The company has now discovered a total of 700 MMBOE of GOM reserves, according