Woke SEC Adopts Modified Version of Climate Disclosure Reg
In March 2022, the U.S. Securities and Exchange Commission (SEC), corrupted by the Bidenistas, said it would begin to force all publicly traded companies to disclose their so-called greenhouse gas (GHG) emissions and the imaginary climate risks their businesses face (see SEC Votes to Force Public Companies to Disclose Mythical GHG Risks). The original plan called for publicly traded companies to disclose their own direct (“Scope 1”) and indirect (“Scope 2”) GHG emissions. It would also require companies to disclose greenhouse gases generated by suppliers and partners, known as Scope 3 emissions. Yesterday, the SEC voted 3-2 (three Democrats vs. two Republicans) to issue a final regulation that will soon go into effect. The final version dumped Scope 3 emissions but kept Scopes 1 and 2 — in a massive 886-page regulatory rule.
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A group of so-called environmental advocates (old hippies) gathered in Albany at the Capitol yesterday to continue their call to ban all “fracking,” including CO2 (carbon dioxide) used to extract natural gas. We wonder if they know that a total ban on “all” fracking includes a ban on fracking geothermal wells being pushed by the governor.
In a new low, anti-fossil fuelers who have tried and failed to stop the Mountain Valley Pipeline in Virginia (now 99% done) are now attacking the reputation and character of the Director of the Virginia Dept. of Environmental Quality (DEQ), trying to slow things down with an ad hominem (“to the man” or “personal”) attack against the guy who oversees the environmental agency that has a partial role in watching over MVP. It’s shameful. DEQ Director Michael Rolband was appointed to his job by newly-elected Gov. Glenn Youngkin in 2022, back when MVP was already 95% done but stalled due to repeated lawfare by Big Green and cooperative (corrupt) 4th Circuit judges. Even though MVP was already mostly done in Virginia, antis say because Rolband — who did some work for MVP in his prior career before heading DEQ — is somehow compromised or unethical and not doing his oversight job correctly now. Complete hogwash!
Once again, Big Green is attempting to illegally block the final bits of construction of the 303-mile Mountain Valley Pipeline as it travels through Roanoke County, VA. Yesterday, two “protesters” chained or otherwise attached themselves to an old (junk) car, a car made entirely from and with fossil fuels, blocking a road that leads to an MVP construction site. We grow tired of reporting these incidents and debated on whether or not to report this one. However, MDN readers deserve to know how the lawless left behaves. Plus, one of the so-called protesters looks like he (or she) is…well, you can fill in the blank.
The 295-mile Portland Natural Gas Transmission System (PNGTS) spans New England from the Canadian border to pipeline connections in New Hampshire, Maine, and Massachusetts. The system began operations in 1999 and is located between three major pipeline networks originating in Canada and the Southern U.S. TC Energy owns 61.7% of PNGTS. The remaining 38.3 percent is owned by Northern New England Investment Company. The system includes 107 miles of facilities jointly owned by PNGTS and Maritimes & Northeast Pipeline. PNGTS owns 32% of those facilities. TC Energy announced today it is selling PMGTS to the evil BlackRock (run by CEO Larry Fink, a known anti-fossil fueler) for US$1.14 billion.
In January, MDN brought you the good news that the Pennsylvania Dept. of Environmental Protection (DEP) approved a plan by Catalyst Energy to convert an existing gas production well on Route 646 in Cyclone (Keating Township in McKean County, PA) into a shale wastewater injection well (see 
The radicalized environmental left does itself no favors with its antics and histrionics aimed at bullying public officials. Case in point: On Wednesday, Feb. 21, a small group of activists (six or seven) with Third Act Virginia were removed from Attorney General Jason Miyares’ office in Richmond after staging a sit-in. The wackos were there to deliver a petition to the AG demanding that he shut down work on the final 1% of Mountain Valley Pipeline (MVP). The AG and his staff refused to meet with the wackos, so they pitched a fit like two-year-olds and had to be removed.
The Bidenistas at the EPA announced last night the agency will delay, until AFTER the November election, implementing harsh new regulations aimed at closing down gas-fired power plants across the country. The unstated purpose is to remove this highly unpopular edict as a campaign issue so the bag of bones known as Joementia can try to get himself reelected. We suppose this is good news, as it means these regs will likely never get implemented for existing power plants — they will certainly be dropped in a DJT administration. Still, the threat looms over the industry, and nobody will build a new plant under these harsh regulations, which WILL apply to any new gas-fired power plant project effective immediately. So all work on new plants will stop forthwith. That’s the downside to the announcement.
A coalition of major oil companies is asking the U.S. Supreme Court to rule on a key aspect of numerous ongoing nationwide lawsuits filed by cities, counties, and states. The lawsuits by multiple “blue” states and cities accuse Big Oil companies of deceiving the public about their role in causing mythical manmade global warming. The companies being targeted are the biggest of the big, with deep pockets. It’s nothing more than elaborate shakedown. Sunoco, ExxonMobil, Chevron, Marathon Petroleum, ConocoPhillips, Phillips 66, and others have asked the Supremes to intervene in a climate case filed against them by the City and County of Honolulu. The case serves as an important precedent for a number of other cases.
Charlie Angus, an MP (Member of Parliament) in Canada, belongs to the country’s radical left NDP, or New Democratic Party. He represents the Timmins—James Bay area in Ontario. Angus recently introduced a bill, C-372, also known as the Fossil Fuel Advertising Act. The bill is as anti-free speech as anything you’ll find in Communist Russia or North Korea. C-372 says if you, as an individual, speak well of the oil industry, doing so would carry a summary conviction and a fine of up to $500,000. If you work for an oil company and stick up for your industry, the punishment could be as strict as two years in jail or a fine of $1,000,000. It’s pure insanity.
West Virginia State Treasurer Riley Moore has sent notices to six additional financial institutions warning them of potential inclusion on the state’s Restricted Financial Institution List (can’t do business with the state) after his office made an initial determination that the institutions appear to be engaged in boycotts of fossil fuel companies as defined under state law. This is not the first time Moore has put Big Banks on the blacklist (see 
Swampy leftists in the Democrat Party view the federal Environmental Protection Agency (EPA) as their own personal playground — a birthright. If a Republican takes the White House, as Donald Trump did in 2017, and sets about to scale back some of the extremist policies implemented by previous presidents like Lord Obama, the lefties go berserk (see 
In December, Pennsylvania Gov. Josh Shapiro issued a press release and rang the bell to announce his administration had (at that point) plugged 132 orphaned and abandoned wells in just 11 months, surpassing the total over the previous eight years combined, with big plans to expand the program (see 
Sometimes, we get a miracle. A liberal Democrat judge from Franklin County, OH, ruled on Friday that anti-fossil fuel fanatics don’t have the right to appeal a decision by the Ohio Oil & Gas Land Management Commission (OGLMC) to meet and award contracts to drill under (not on) several Ohio state parks, including the 20,000-acre Salt Fork State Park in Guernsey County. The OGLMC is scheduled to meet today to make announcements awarding contracts for several tracts, including Salt Fork State Park. We expect antis will try to derail the proceedings illegally. Grab the popcorn…
Democrats will never be satisfied until they tax you for breathing and even existing, which was perfectly illustrated by a proposal submitted by the Pennsylvania Dept. of Environmental Protection (DEP) to its so-called Climate Change Advisory Committee on Tuesday. Not satisfied to try and force a Marcellus-killing carbon tax (called the Regional Greenhouse Gas Initiative, or RGGI) on gas- and coal-fired power plants, the DEP now wants to grow RGGI or some facsimile thereof to “all sectors” of the PA economy. Are they TOTALLY INSANE? We have to say the answer to that rhetorical question is YES!
The money behind Big Green never stops. Where in the heck do they get it all? In November 2023, the Ohio Oil & Gas Land Management Commission (OGLMC) met in a public forum and voted to allow shale drilling under (not on top of) three different state-owned tracts of land: all 20,000 acres of Salt Fork State Park in Guernsey County, more than 300 acres of Valley Run Wildlife Area in Carroll County, and 66 acres of the Zepernick Wildlife Area in Columbiana County (see