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Oil Companies on the Section 45Q Tax Credit: Take the Money and Run
“This is not a minor reporting error. This looks like flagrant noncompliance with a fundamental requirement that gauges the efficacy of carbon capture and storage technology as a climate mitigation tool. 45Q is close to useless without secure geological storage. The industry just took the money and ran,” said John Noel, National Oil & Gas Program Director.
California Leads on Reducing Methane Emissions
Yesterday, the California Air Resources Board (ARB) adopted the strongest regulations in the country to reduce methane emissions from oil and gas production and storage.
Clean Water Action and our allies led the charge to get these regulations in place.
As California leads the way, the Trump administration is going backwards on this and many other issues, and that’s all the more reason for us to be out in front.
Methane is especially critical, because it traps heat about 84 times more than carbon dioxide over 20 years. The regulation also requires operators to capture rather than vent
Train derailment in Frederick raises the stakes on crude oil in Maryland
Last week, a freight train on its way to the Port of Baltimore derailed in Ijamsville, a small town in Frederick County. Fortunately, although the train was carrying hazardous materials, none of the eight cars that derailed were punctured, and other than disruption to other freight shipments through Maryland, there were no impacts. Read more about the derailment and see pictures in the Frederick News-Post.
The Port of Baltimore is an important economic driver for Baltimore City and the whole state, carrying increasing volumes of freight traffic from all over the world. But when those shipments