The methodology outlines a three-step approach for obtaining credits: retirement of coal-fired power plants, generation of replacement renewable electricity, and assurance of a just transition....more
After 150 days in office, President Trump has signed executive orders on a pace of more than one per day. An emerging priority of the administration is increasing the use of federal land for resource production. This post...more
President Trump’s energy-focused ambitions will generate work for regulators at all levels of the government....more
On April 8, 2025, the President of the United States signed a suite of executive orders designed to extend the aims of the January 31, 2025 Executive Order (“EO”) Unleashing Prosperity Through Deregulation. The implementation...more
The president’s actions aim to bolster coal production and exports and coal-fired power generation, highlighting the importance of coal to US economic and national security....more
The executive order calls for the removal of federal regulatory barriers that hinder coal production. This will likely involve significant work to navigate and implement these changes, ensuring compliance while maximizing the...more
What is the Hydrogen Hubbub? Hydrogen is seen by many as the fuel of the future, a substance that can provide heat through combustion, or electrical power from fuel cells, emitting only water in the process. Its potential...more
The explosion and fire of a tanker truck just north of Center City Philadelphia, leading to the collapse of sections of Interstate 95, one of the most heavily traveled roads in the United States and the chief highway...more
The Cost of "Electrification" “Electrification” has become a ubiquitous term these days, although depending on who you ask, it might have different meanings. However defined, a critical component of electrification as a...more
On April 4, 2023, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) released Notice 2023-29 (the “Notice”) providing a high-level overview of the rules they intend to include in...more
Gas Gap in Europe Drives U.S. LNG Exports to Record High - "About half of the record U.S. LNG volumes shipped last month went to Europe, up from 37% earlier in 2021." Why this is important: The onset of a challenging...more
Why the American Jobs Plan Would Benefit Coal-Heavy Utility Stocks - "A close look at some of the utilities publicly supporting a federal CES, which would require utilities to increase their share of carbon-free energy...more
Shot Heard Across Texas: San Antonio Gets a Temporary Restraining Order Against ERCOT - "CPS Energy, the municipal electric utility serving San Antonio and the surrounding area, has won the first skirmish against the...more
Why the U.S. isn't in Desperate Need of the Keystone XL Pipeline - "U.S. President Joe Biden fulfilled a campaign promise by scuttling the 1,897-kilometre pipeline." Why this is important: While the rescission of the...more
Welcome to our first issue of 2021! We have been publishing a weekly edition of Currents since 2017 and hope that you find it informative and helpful. Our goal for 2021 is the same -- provide access to interesting and...more
U.S. Shale Producers Race for Federal Permits Ahead of Presidential Election - "Federal permitting in the largest U.S. oilfield in the Permian Basin, located in Texas and New Mexico, is up 80 percent in about the last three...more
Trump Administration Approves Arctic National Wildlife Refuge for Land Leasing, Oil Drilling - "The Trump administration continues to roll back environmental protections and opening doors for the fossil fuel industry in...more
ExxonMobil, Partners Discover Carbon Capture Technology for Industrial Sources - "A possible breakthrough in technology that could capture more than 90% of carbon dioxide emitted from industrial sources has been announced...more
Fossil Fuels Still Supply 84 Percent of World Energy — and Other Eye Openers from BP’s Annual Review - "China was responsible for three quarters of the world’s energy consumption growth, followed by India and Indonesia....more
Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in Australia in the energy and legal industries to get her thoughts on the current energy climate. Emma Covacevich is...more
Analysts Say U.S. Coal Merger Not Anti-Competitive- "The proposed 'extraordinary' joint venture between U.S. coal majors Peabody Energy and Arch Coal will be structurally beneficial, rather than anti-competitive for U.S....more
Focus - Solar, onshore wind costs set to fall below new fossil fuel energy - Reuters – May 29 - Electricity generated by onshore wind and solar photovoltaic (PV) technologies will in the next year be consistently...more
West Virginia Supreme Court Hears Oral Arguments in EQT Doddridge County Trespassing Case - "The state Supreme Court will decide if a lower court judge got it right when he ruled natural gas production company EQT trespassed...more
Alexandria Ocasio-Cortez's Green New Deal Would Reshape the Economy in 10 Years. That Could Shock the Energy Sector. "The concern is that Ocasio-Cortez's plan to achieve climate goals in just 10 years will not only tee up...more
Iran's Latest Terrorist Attack Matters More than OPEC's Latest Meeting, RBC's Croft Says - "Oil market attention was focused on an OPEC meeting in Algeria this weekend, but it was Saturday's terrorist attack in an oil-rich...more