Gas Industry Loses Bid To Block Green Codes

Gas Industry Loses Bid To Block Green Codes

The natural gas industry lost its initial bid to strip key climate-friendly measures out of national homebuilding guidelines, HuffPost has learned. The rules in the model building code will require new homes to come equipped with the circuitry to hook up induction stoves and electric car chargers, and will be used as a benchmark in … Read more

Natural gas prices shed over 24% since January. What’s next?

Natural gas prices shed over 24% since January. What’s next?

The benchmark US Natural gas prices have shed over 24% since the start of the year. In the key NYMEX platform, prices edged below $2 last week, its lowest level since September 2020. The resilience of short sellers, lack of new buying interest in anticipation of warmer-than-normal temperatures in the US, and expectations of increased … Read more

The Industry ‘Scandal’ That Might Completely Upend How America Builds Houses

The Industry ‘Scandal’ That Might Completely Upend How America Builds Houses

Fossil fuel companies are trying to strip a series of climate-friendly measures out of the latest round of model building codes used to regulate construction virtually everywhere in the United States. The International Code Council, the nonprofit organization responsible for writing widely adopted model building codes, broke its own rules to allow natural gas trade … Read more

Joe Biden Hits Brakes On Gas Projects Amid Surge In U.S. Exports

Joe Biden Hits Brakes On Gas Projects Amid Surge In U.S. Exports

President Joe Biden on Friday temporarily paused approval of new liquefied natural gas export projects, pending a thorough analysis of how shipments will impact global climate change. The move, which follows a growing pressure campaign from climate activists, effectively freezes nearly a dozen LNG export projects currently in the pipeline, including the $10 billion Calcasieu … Read more

Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024

Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024

After posting record-breaking volumes in 2023, Indian automobile industry is driving into the new year aware of a lurking moderation in sales growth but ready to embrace green technologies, led by electric vehicles. Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. Veteran industry … Read more