EJToday: Top Headlines
EJToday is SEJ's selection of new and outstanding stories on environmental topics in print and on the air, updated every weekday. SEJ also offers a free e-mailed digest of the day's EJToday postings, called SEJ-beat. SEJ members are subscribed automatically, but may opt out here. Non-members may subscribe here. EJToday is also available via RSS feed. Please see Editorial Guidelines for EJToday content.
"Pending greenhouse gas regulations cloud the future of coal-burning power plants. But electric utilities are investing to keep large facilities going."
"Don Feusner ran dairy cattle on his 370-acre slice of northern Pennsylvania until he could no longer turn a profit by farming. Then, at age 60, he sold all but a few Angus and aimed for a comfortable retirement on money from drilling his land for natural gas instead."
"LYON, France -- Securities fraud, insider trading, embezzlement, money laundering and cybercrime – the intangible nature of the global carbon trading markets puts them at risk for exploitation by criminal networks, according to a new law enforcement guide produced by Interpol."
"Crude oil shipped by railroad from North Dakota is drawing fresh scrutiny from regulators concerned that the cargo is adding environmental and safety hazards, something that analysts say could raise costs."
"U.S. EPA has backed down from an ambitious target for cellulosic biofuel production, releasing a final rule today that requires refiners to blend 6 million gallons into the nation's supply of gasoline this year."
"The drilling processes of hydraulic fracturing – or 'fracking' — and horizontal drilling have made it possible to access previously unreachable deposits of fossil fuels, creating a surge in domestic oil and natural gas production. So why are prices at the gas pump still relatively high? (Last week, the average national gas price was $3.68 per gallon.)"
"NEW YORK -- JPMorgan Chase & Co. has agreed to pay $410 million to settle allegations it manipulated energy markets in California and the Midwest."
"BRUSSELS — The European Union’s trade chief said on Saturday that a deal had been reached with China to settle a dispute over exports of low-cost solar panels that had threatened to set off a wider trade war between two of the world’s largest economies."
"The European investment bank (EIB), the EU's main lending arm, said it would stop financing most coal-fired power stations to help the 28-nation bloc reduce pollution and meet its climate targets."
"Methane gas released from the melting Arctic ice could accelerate global warming and tack on an extra $60 trillion to the cost the world is expected to incur from climate change."
"The U.S. program that pays farmers to idle fragile cropland soon will protect the smallest amount of land in a quarter-century, the government said on Monday, the result of several years of sky-high commodity prices that have encouraged farmers to plant as much as possible."
"VANCOUVER, Wash. -- Port of Vancouver commissioners voted Tuesday to approve a lease for a Columbia River terminal that would take in crude oil by train from North Dakota and ship it to West Coast refineries."
"The U.S. Export-Import Bank board of directors voted on Thursday not to proceed with the financing of U.S. exports to help build a coal-fired power plant in Vietnam, following a plea from U.S. environmental groups to stop the project."
"OAK HARBOR, Ohio — Davis-Besse is identified in a new economic report as one of a dozen U.S. nuclear reactors most likely to be closed by their utilities before their licenses expire because of changing energy markets, including falling natural gas prices, rising costs of nuclear operations, repairs, and post-Fukushima retrofits."
"JPMorgan Chase, the Wall Street giant whose reputation in Washington has eroded in a matter of months, is now moving to avert a showdown over accusations that it manipulated energy prices."