The new fee is intended to encourage industry to adopt best practices that reduce emissions of methane—the primary component of natural gas—and thereby avoid paying.
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A merger would create the world’s top operator of roughly 100,000 convenience stores, with hundreds of those stores in Indiana.
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The investment would make AES Indiana the first utility in Indiana to abandon the use of coal as a fuel source, if state regulators agree, the company said.
In a turnaround from previous plans, the agency said it will review standards for existing gas plants and expand the rules to include more pollutants.
The move, part of a broader effort to curb planet-warming emissions from household appliances, could prompt political backlash even though it reflects a compromise with U.S. manufacturers.
Since the start of 2023, U.S. natural gas prices have fallen 40%, and Europe’s prices are not far behind.
Utilities Citizens Energy Group and CenterPoint Energy said natural gas prices, which spiked a year ago, will be even higher this winter, leading to costlier heating bills in Indiana.
The new requirements increase gas mileage by 8% per year for model years 2024 and 2025 and 10% in the 2026 model year.
The agreement between Cummins and Texas-based Rush Enterprises will help Cummins bring natural-gas-powered commercial vehicles to market.
A final rule being issued Monday would raise mileage standards starting in the 2023 model year, reaching a projected industry-wide target of 40 miles per gallon by 2026
Colonial Pipeline Co. paid the money on Friday, sources said, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline.
From Virginia to Florida and Alabama, fuel stations are reporting that they’ve sold out of gasoline as supplies in the region dwindle and panic buying sets in.
The National Highway Traffic Safety Administration said in a statement that it believes the rule, written jointly with the Environmental Protection Agency, will improve gas mileage and reduce emissions from the U.S. fleet of new vehicles.
The Petersburg Generating Station, about 120 miles southwest of Indianapolis, has been called a “super polluter” by environmental groups, with violations for excess sulfur dioxide, nitrous oxide particulate matter and sulfuric mist.
General Motors, Fiat Chrysler, Toyota and many others in the auto industry are backing the Trump administration in a lawsuit over whether California has the right to set its own greenhouse gas emissions and fuel economy standards.
The landfill is teaming up with two energy companies to capture methane at the landfill and convert it into renewable energy. The partnership is seeking a tax abatement on the project.
Federal prosecutors are conducting a criminal investigation into the natural gas explosions and fires that rocked three communities near Boston in September, killing one person and injuring 25 others.
The company said the Indiana Utility Regulatory Commission on Tuesday approved the final phase of an agreement with various consumer groups to reflect decreases in rates as a result of the federal tax overhaul last year.
The combined company would serve more than 7 million gas and electricity customers in eight states and hold about $29 billion in assets.
CenterPoint Energy Inc.’s purchase of Vectren would take out Indiana’s 13th-largest public company, with $2.4 billion in annual revenue. Every county surrounding Marion County receives service from Vectren.
Citizens Energy Group said profit nearly tripled, to $90.1 million, on higher operating revenue in the fiscal year ending Sept. 30.
The city of Indianapolis has taken a major step toward building the $572 million criminal justice center in Twin-Aire neighborhood where the Citizens Energy coke plant once stood.
