U.S. is ​“getting a bad deal” on fossil fuel taxes

FOSSIL FUELS: Newly required disclosures to U.S. financial regulators reveal for the first time the billions of dollars fossil fuel companies have paid to world governments — and suggest the U.S. is likely ​“getting a bad deal” by not charging higher taxes on resource extraction. (Inside Climate News)

EMISSIONS:

• A little-known White House initiative measuring greenhouse gas emissions in every sector of the economy could be threatened if former President Trump is elected. (E&E News)
• A think tank recommends small federal policy changes it says could halve U.S. landfills’ methane emissions in the next 25 years. (Canary Media)
• The U.S. Supreme Court agrees to hear three cases that will steer how industry groups can fight federal emissions regulations. (CNN)
• Northwest Indiana residents say they only want U.S. Steel’s proposed sale to a Japanese steelmaking giant approved if new, lower-emission blast furnaces are installed at its Gary, Indiana, facility. (Energy News Network)

MATERIALS:

• Researchers say they’ve discovered between five million and 19 million tons of lithium in Arkansas, but its usefulness depends on whether companies can scale up new ways to extract the battery ingredient from underground brine. (New York Times)
• General Motors will invest $625 million to partner in developing a lithium mine in Nevada that will help the automaker source EV materials domestically. (Automotive Dive)

ELECTRIC VEHICLES: Democrats in swing states have struggled to counter misleading GOP messaging that claims Democrats are trying to mandate what types of cars they buy. (Politico)

OFFSHORE WIND: A federal bureau concludes that full development of a 488,000 acre area off New York and New Jersey could generate 7 GW of offshore wind energy. (North American Wind Power)

EFFICIENCY: Twenty-three states have yet to submit plans to access billions in federal funding in homeowner rebates for energy efficient upgrades, while some states are already offering the incentives. (Houston Chronicle)

GRID: PJM proposes a fast-track system to let shovel-ready projects jump to the front of the interconnection queue in order to address the region’s reliability needs. (Utility Dive)

NUCLEAR: Both nuclear skeptics and supporters are watching carefully as Three Mile Island works toward becoming the first nuclear plant to shut down and then start back up. (StateImpact Pennsylvania)

CARBON CAPTURE: A southern California county greenlights a firm’s proposal to store up to 48 million tons of captured carbon in an old oil and gas field, but advocates say the project is a ​“convoluted scheme” that incentivizes pollution. (CalMatters)