The US Department of Energy’s Office, staffed by the outgoing President Trump, has launched a report on impacts of the so-called “ill-conceived ban on hydraulic fracturing,” proposed by the incoming administration of President-elect Joe Biden. The ban will allegedly cost millions of jobs and make gas and power prices surge.
Norwegian-German registrar and classification society DNV-GL has decided to suspend works for the Nord Stream 2 project. Vessels, supervising progress on the controversial pipeline project, are deemed “subject to US sanctions,” DNV-GL said, noting it “will no longer provide services that may be incompatible with the PEESA law.”
Electricity Generating Public Company (Egco) of Thailand has applied to the state regulator for a licence to import LNG to fuel gas-fired power plants. Egco said the 256 MW Banpong plant and the 121 MW Klongluang plant “could use additional supplies,” though they already source gas from state-run PTT.
The Japanese Prime Minister Yoshihide Suga has pledged to reduce the country’s emissions to net-zero by 2050. Power generators, car makers and steel mills will have to comply with stricter emission limits, but critics say Japan will not become carbon neutral without phasing out all coal power units.