EJToday: Top Headlines
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"WASHINGTON — A coalition of energy companies, environmentalists and Pennsylvania-based philanthropies announced Wednesday the creation of a center that would provide more stringent standards for fracking and natural gas development in the Eastern United States."
"Investors stand to lose most of the $1.28 billion they put into Suntech Power Holdings Co. after the solar manufacturer said it wouldn’t resist a bankruptcy petition filed in China."
"Efforts to cut emissions and fossil fuel use by 80 percent by 2050 deemed 'extremely challenging' by a panel of experts: 'On its own, the market would not make this transition.'"
"Transocean's chief executive testified Tuesday during the BP oil spill civil suit in New Orleans that employees should have done more to detect signs of trouble before the company's drilling rig exploded in the Gulf of Mexico in 2010."
"COLUMBIA, SC -- As SCE&G and other utilities work to complete atomic power plants, the law that made construction possible gives power companies less incentive to use solar, wind and other forms of alternative energy."
"The Obama administration is leaning toward revising its landmark proposal to regulate greenhouse gas emissions from new power plants, according to several individuals briefed on the matter, a move that would delay tougher restrictions and could anger many environmentalists."
"If the Obama administration has its way, $2 billion in new revenue from offshore oil drilling will fund research into how to wean American drivers off imported oil."
"BILLINGS, Mont. -- A mining company plans to start exploratory work this spring on an estimated 400 million tons of coal beneath Montana's Crow Indian Reservation, adding to a spate of recent interest in the region's huge coal reserves despite flagging domestic demand for the fuel."
"Federal judges ruled [Friday] that the Federal Energy Regulatory Commission does not have the authority to assess fines for manipulating natural gas futures markets."
"A new report says you’re likely to be feeling less pain at the pump than in years past – and not just because gas prices are down a bit this week. Cars and trucks are getting better mileage than ever, and the air is cleaner as a result."
"WASHINGTON -- The Shell Oil Company must provide a detailed plan addressing numerous safety and operational issues that plagued its efforts to extract oil beneath the Arctic Ocean last year if it wants to resume drilling off the coast of Alaska, the Interior Department said Thursday."
"KALAMAZOO, Mich. -- The U.S. Environmental Protection Agency is ordering Enbridge Inc. to do additional dredging in the Kalamazoo River to clean up oil from a massive 2010 spill."
"NEW ORLEANS -- BP's cement contractor on the Deepwater Horizon rig has discovered cement samples possibly tied to the ill-fated drilling project that weren't turned over to the Justice Department after the 2010 oil spill, a lawyer for the contractor said Thursday."
"Partly driven by an oversupply of cheaper panels from China, the domestic solar market had its best year in 2012, with the growth in installations outpacing that of the global market, according to an annual report to be released Thursday."