"Koch Industries, one of the largest privately held corporations in the world and principally owned by billionaires Charles and David Koch, has developed what may be the best funded, multifaceted, public policy, political and educational presence in the nation today."
Economy & Business
"TAYLORVILLE, Ill. -- A Nebraska company dropped plans to build a $3.5 billion coal-based power plant in central Illinois, saying it instead will focus on developing natural gas-fueled and renewable facilities elsewhere."
"Exelon has canceled plans for power uprates at four of its nuclear power reactors in Illinois and Pennsylvania, the company has told the US Securities and Exchange Commission."
"Canada will make operators of nuclear power plants liable for the first C$1 billion ($980 million) of damages in the event of an accident, up from C$75 million under existing rules, Natural Resources Minister Joe Oliver said on Monday."
To hear Canada's oil industry tell it, the U.S. State Department's draft environmental impact statement (EIS) on the proposed Keystone XL pipeline is exactly wrong. The EIS said Canada's tar sands oil would be shipped regardless of whether the pipeline is built. But the oil industry says it will double their output.
The fracking industry loves to argue there's no proof its gas-extraction methods cause pollution. But it works hard in Pennsylvania to keep secret any evidence that might prove the question — one way or the other. Existence of its database was reported by Marie Cusick of WITF in Harrisburg, via NPR's StateImpact Pennsylvania.
"The federal government must spend at least $384 billion to improve the nation's drinking water infrastructure in order to ensure the safe delivery of water to Americans for the next 20 years."
"America's first offshore wind lease sale will take place in July, the Interior Department announced Tuesday. It's good news for the US wind industry, which is hoping to expand beyond land-based production."
"On Tuesday the Interior Department unveiled plans for the nation's first auction of offshore wind leases. It's more good news for the US wind industry, which installed a record amount of capacity in 2012, and received a one-year extension on the federal tax credits driving much of the industry's growth.
"ATLANTA -- The Southern Co. makes billion-dollar decisions that affect millions of people in Georgia, yet it has attracted little political scrutiny — until now. Leaders of the Atlanta Tea Party are challenging Southern Co. subsidiary Georgia Power over the monopoly's reluctance to increase its use of solar power, the ballooning costs of building a new nuclear power plant and even its legal right to monopoly status."
"As shale hydrocarbons development surges, redrawing the U.S. energy map, so has construction of pipelines and processing infrastructure. Most of the cash that is financing the enormous capital projects comes from tax-favored investments called master limited partnerships."