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The fossil fuel industry is using the same playbook to fight city climate plans around the country People wait in long lines at HEB grocery store in Austin, Texas, on 17 February. Photograph: Montinique Monroe/Getty Images When the city of Austin drafted a plan to shift away from fossil fuels, the local gas company was fast on the scene to try to scale back the ambition of the effort. Like many cities across the US, the rapidly expanding and gentrifying Texas city is looking to shrink its climate footprint. So its initial plan was to virtually eliminate gas use in new buildings by 2030 and existing ones by 2040. Homes and businesses would have to run on electricity and stop using gas for heat, hot water and stoves. floodlight The proposal, an existential threat to the gas industry, quickly caught the attention of Texas Gas Service. The company drafted line-by-line revisions to weaken the plan, asked customers to oppose it and escalated its concerns to top city officials. In its suggest
The fossil fuel industry is using the same playbook to fight city climate plans around the country.
Gas power plants dominate the Texas grid, providing 47% of the state’s electricity. Ken Lund/Flickr
The fossil fuel industry is using the same playbook to fight city climate plans around the country.
Gas power plants dominate the Texas grid, providing 47% of the state’s electricity. Ken Lund/Flickr
This story is a collaboration from Floodlight and was also published in the Guardian and the San Antonio Report.
When the city of Austin drafted a plan to shift away from fossil fuels, the local gas company was fast on the scene to try to scale back the ambition of the effort.
Milder Weather, Returning Supply Pave Way for More Natural Gas Price Declines
Natural gas futures continue to retreat on post-storm recovery
Production, LNG still well off pre-freeze levels
Cash prices fall further; most locations back below $3
Natural gas futures crashed on Monday as production appeared to be making a quick recovery from the unrivaled Arctic blast that rocked the energy industry last week. Warming weather models also provided a headwind to prices, with the March Nymex gas futures contract tumbling 11.6 cents to settle at $2.953. April slid only 5.5 cents to $2.936.
Spot gas prices continued to fall too on the much milder weather that settled in over much of the Lower 48. NGI’s Spot Gas National Avg. dropped $1.605 to $2.870.