Energy & Fuel

Maryland Law to Fix Retail Energy Market Faces Industry Legal Challenge

"A lawsuit filed in U.S. District Court asked the court to overturn Senate Bill 1, which imposed new consumer protections and required energy companies to disclose if their products are truly “green.”"

Source: Inside Climate News, 10/22/2024

"Arkansas May Have Vast Lithium Reserves, Researchers Say"

"Federal and state researchers said there might be five million to 19 million tons of lithium, more than enough to meet the world’s demand for the battery ingredient." "Researchers at the United States Geological Survey and the Arkansas government announced on Monday that they had found a trove of lithium, a critical raw material for electric vehicle batteries, in an underground brine reservoir in Arkansas."

Source: NYTimes, 10/22/2024

"DOE Makes $3B Commitment To Two Sustainable Aviation Fuel Projects"

"On Wednesday, the U.S. Department of Energy announced a nearly $3 billion effort that it said could significantly boost America’s output of sustainable aviation fuel, or SAF, over the next few years, Canary Media has exclusively learned."

Source: Canary Media, 10/18/2024

"U.S. Approves Mega Geothermal Energy Project In Utah"

"The Biden administration just approved a massive geothermal energy project in Utah, marking a significant advance for a climate-friendly technology that is gaining momentum in the United States, the White House confirmed to The Washington Post on Thursday."

Source: Washington Post, 10/18/2024

IEA Expects Lower Oil And Gas Prices, Higher Electric Demand In Next 5 Years

"Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, the International Energy Agency (IEA) said Wednesday in its yearly World Energy Outlook."

Source: The Hill, 10/18/2024

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