{"id":6489,"date":"2021-01-19T22:34:34","date_gmt":"2021-01-19T22:34:34","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/01\/19\/fossil-fuel-industry-likely-to-suffer-as-biden-picks-vancouver-born-jennifer-granholm-as-energy-secretary\/"},"modified":"2021-01-25T03:53:16","modified_gmt":"2021-01-25T03:53:16","slug":"fossil-fuel-industry-likely-to-suffer-as-biden-picks-vancouver-born-jennifer-granholm-as-energy-secretary","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/01\/19\/fossil-fuel-industry-likely-to-suffer-as-biden-picks-vancouver-born-jennifer-granholm-as-energy-secretary\/","title":{"rendered":"Fossil-fuel industry likely to suffer as Biden picks Vancouver-born Jennifer Granholm as energy secretary"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"\">\n<h2 class=\"visually-hidden\">Article content continued<\/h2>\n<p>As a result, Democrats will likely hold a 3-2 majority at the commission by the end of the week and a 4-1 majority by mid-year, thereby allowing Biden\u2019s administration to push policies forward with an energy regulator in full alignment.<\/p>\n<p>Experts expect the new-look FERC, as well as a restrengthened U.S. Environmental Protection Agency led by North Carolina Democrat Michael Regan, will make it more difficult for oil and gas pipeline companies to build new inter-state projects, because regulators will likely require projects to account for both upstream and downstream carbon emissions, just as the Canada Energy Regulator does now.<\/p>\n<p>\u201cThe policies of green-lighting linear infrastructure are going to change,\u201d said Kevin Book, managing partner at ClearView Energy Partners LLC, a Washington, D.C.-based energy research and consulting firm.<\/p>\n<p>Book said the new administration intends to move \u201cfrom molecules to electrons,\u201d meaning new policies and regulations will encourage electrification and clean power, and rely less on fossil fuels. \u201cWe have a very fossil-intensive grid,\u201d he said.<\/p>\n<figure class=\"embedded-image\"><picture class=\"embedded-image__ratio\"><\/picture><figcaption class=\"image-caption\"><span class=\"caption\">The Biden administration is expected to enact new policies and regulations to encourage clean power.<\/span> <span class=\"credit\">Photo by Getty Images\/iStockphoto<\/span><\/figcaption><\/figure>\n<p>In addition, Book said, Granholm is a clear indication that Biden intends to push to transition automobiles away from internal combustion engines in the near future.<\/p>\n<p>Granholm\u2019s past experience as Michigan\u2019s governor means she will be tapped to work with American automakers as the federal government pushes for more electric vehicles while likely ratcheting up standards for vehicle emissions.<\/p>\n<p>Book believes this will be a key focus for Biden, since the incoming president has picked two cabinet members from regions with large automotive manufacturing sectors in Granholm from Michigan and Buttigieg, the former mayor of South Bend, Ind.<\/p>\n<p>\u201cOne would have been significant, but two is unmistakable,\u201d he said. \u201cThese are Biden\u2019s ambassador\u2019s to car country.\u201d<\/p>\n<p><em>Financial Post<\/em><\/p>\n<p><em>\u2022 Email: <a href=\"https:\/\/financialpost.com\/commodities\/energy\/mailto:gmorgan@nationalpost.com\" rel=\"nofollow noopener\" target=\"_blank\">gmorgan@nationalpost.com<\/a> | Twitter: <a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/geoffreymorgan\" rel=\"nofollow noopener\" target=\"_blank\">geoffreymorgan<\/a><\/em><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>\n<br \/><a href=\"https:\/\/financialpost.com\/commodities\/energy\/fossil-fuel-industry-likely-to-suffer-as-biden-picks-vancouver-born-jennifer-granholm-as-energy-secretary\" rel=\"nofollow noopener\" target=\"_blank\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article content continued As a result, Democrats will likely hold a 3-2 majority at the commission by the end of the week and a 4-1 majority by mid-year, thereby allowing&#8230;<\/p>\n","protected":false},"author":2,"featured_media":6490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[25],"tags":[],"class_list":["post-6489","post","type-post","status-publish","format-standard","has-post-thumbnail","category-commodities"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/6489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=6489"}],"version-history":[{"count":1,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/6489\/revisions"}],"predecessor-version":[{"id":6491,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/6489\/revisions\/6491"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/6490"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=6489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=6489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=6489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}