This week’s Highwood Bulletin features the passing of the inflation reduction act, new CCUS projects make possible, Germany’s hydrogen (and potentially natural gas) interests with Canada, and a range of conferences, reports, and a number of career opportunities with Highwood. In particular, make sure you sign up for our free virtual mini-conference in September!
Inflation Reduction Act Signed into Law
United States President Joe Biden has signed into law unprecedented legislation that includes upwards of $370 billion to help cut greenhouse gas emissions to 40% below 2005 levels by 2030. New mechanisms include tax credits for renewables and a methane fee imposed on companies that emit more than 0.2% of produced gas (or 0.05% of throughput for nonproduction facilities). Read more here.
Carbon Capture Projects Brought to Life with IRA
With the passing of the new Inflation Reduction Act, tax incentives will enable carbon capture projects that were previous uneconomical. Tax credits from the new bill include up to $85 for CCUS and $185 for direct air capture. Read more here.
Germany to Explore Canadian LNG
As thousands of Germans are protesting expansion of liquefied natural gas (LNG) in Germany amid an energy crisis brought on by the Ukraine War, Chancellor Olaf Scholz is visiting Canada to formalize a hydrogen deal and discuss the possibility of purchasing Canadian LNG. Today, Canada has no LNG export facilities, but pressure is mounting to help Europe wean itself from Russian gas. Read more about the visit here and the protests in Germany here.
Funding: DOE Supports Methane Monitoring, Measurement, and Mitigation Technologies
The United States Department of Energy (DOE) has announced $32 million in funding for technologies that help detect, quantify, and reduce methane emissions from the oil and gas sector. Read more here and submit a funding application by October 2022 to be considered.
Report: Highwood Publishes 2022 Voluntary Initiatives Report
How can proactive oil and gas companies take credit for reducing their greenhouse gas emissions? Highwood’s free 2022 Voluntary Initiatives Report evaluates 24 certifications, commitments, and guidelines, providing the guidance you need to navigate emerging opportunities in differentiated energy commodity markets. Read more here and don’t forget to register for our upcoming mini-conference (see below).
Conference: Free Voluntary Initiatives Virtual Mini-Conference
Join us for this free interactive conference on September 21st, 2022, as we explore the findings of Highwood’s new Voluntary Initiatives Report and hear from experts from across the energy sector. This 3-hour event will feature presentations from experts in the field, an interactive breakout session, and exciting panels of voluntary initiative thought leaders. Click here to register for free.
Conference: CH4 Connections Methane Emissions Conference
GTI Energy’s CH4 Connections conference will take place on October 20-21, 2022, in Fort Collins, Colorado. This is one of our favourite events and Highwood will definitely be attending! Join us to discuss, learn, and share on everything methane as we connect with friends old and new and continue towards our goal of reducing O&G methane emissions. Highwood’s President (Thomas Fox) and CEO (Jessica Shumlich) will both be speaking. Learn more here.
Conference: PTAC Net Zero Conference & Expo
Conference: ONE Future Methane & Climate Strategies Event and Awards
Join us in Houston (The Woodlands) from November 2-4, 2022, for the fifth annual ONE Future Methane & Climate Strategies Event and Awards. Highwood’s President, Thomas Fox, will be speaking on The Value of Going Beyond Regulatory Emissions Reduction Requirements. The conference will focus on environmental & regulatory issues, policy, investor relations, use cases, and technological advancements across the natural gas supply chain. Learn more and register here.
Introducing Highwood’s Reduction Pathway Planner
Highwood is excited to announce the launch of a new service offering, the Highwood Reduction Pathway Planner. This service offering has been designed to help organizations identify, prioritize, justify, and take credit for carbon emissions abatement projects. Learn more about this new offering here.
Join our Team! Highwood is Hiring!
We currently have multiple exciting career postings on our website. In addition to those listed, Highwood is always looking for bright folks who want to help us change the world for the better. If you have experience in greenhouse gas emissions management and you’re looking for a career change, please reach out! Check out our active opportunities on our website by clicking here.
Want to Write for the Bulletin?
We’re always looking for guest writers who would like to contribute a Feature Article to the Highwood Bulletin. Please reach out if you’d like to write an unbiased, apolitical, solution-agnostic article for our 1000+ subscribers on an emissions management topic. Please reach out to [email protected] with your idea. Authors are fully credited and have a profile page on our website (we are happy to backlink).