EJToday: Top Headlines
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"Two weeks after the bankruptcy of a solar company that got $527 million in government loans, the House Energy and Commerce Committee will hold a hearing on Wednesday to explore what went wrong."
Hundreds of anti-fracking protestors rallied outside a Marcellus Shale industry conference in Philadelphia. Aubrey McClendon, the chief executive of Chesapeake Energy Co., called people concerned about the safety of their families' drinking water "extremists," even as an industry-friendly report noted that fracking could be costly to communities.
"BP Plc is looking to ramp up activity in the Gulf of Mexico in the coming months and is applying for new well permits there this quarter, an executive said on Tuesday, as the firm looks to move on from a huge oil spill last year."
"So far 2011 has been a good year f0or wind energy projects. Installations in the first six months of 2011 were almost double what they were in the comparable period in 2010 in terms of total megawatts (2,151 versus 1,250), according to the American Wind Energy Association. But a bipartisan coalition of 24 state governors, fretting that the industry could lose momentum, has already begun lobbying the Obama administration to improve business conditions for wind energy developers."
"When you think about Green Energy and its jobs, Albany, N.Y., probably wouldn't be the first city that pops into your head. But according to a report, the upstate New York region has the highest concentration of green jobs in the country. Another surprising area in the top 10: Cleveland and northeast Ohio.
Inside a factory in Willoughby, Ohio, Ashlawn Energy is teaming with a local utility and other partners to design and build flow batteries, which, when fully assembled, will be as big as a house."
"Protesters hope to persuade President Obama not to approve the controversial Keystone XL oil pipeline that would run from Canada to Texas. But the State Department already says its safe, and supporters point to thousands of new jobs."
"HONG KONG — The bankruptcies of three American solar power companies in the last month, including Solyndra of California on Wednesday, have left China’s industry with a dominant sales position — almost three-fifths of the world’s production capacity — and rapidly declining costs."
"The Fremont, Calif., company, which had received a $535-million Energy Department loan guarantee and hosted a tour by President Obama, plans to seek bankruptcy protection."
"In late July, the Blackhawk School District, 40 miles northwest of Pittsburgh, joined a handful of other school districts in Pennsylvania looking to cash in on the state’s natural gas boom."
"MOSCOW — Exxon Mobil won a coveted prize in the global petroleum industry Tuesday with an agreement to explore for oil in a Russian portion of the Arctic Ocean that is being opened for drilling even as Alaskan waters remain mostly off limits.
The agreement seemed to supersede a similar but failed deal that Russia's state oil company, Rosneft, reached with the British oil giant BP this year — with a few striking differences.
"Alexandria's controversial coal-burning power plant, once considered one of the largest single sources of air pollution in the Washington area, will probably close by October 2012, its owner and the city announced Tuesday.
The surprise announcement culminates a 12-year battle to close the six-decade-old Potomac River plant, which local activists and environmentalists blame for causing or contributing to dozens of cases of serious illness each year.
"The State Department gave a crucial green light on Friday to a proposed 1,711-mile pipeline that would carry heavy oil from oil sands in Canada across the Great Plains to terminals in Oklahoma and the Gulf Coast."
"WASHINGTON — Federal geologists published new estimates this week for the amount of natural gas that exists in a giant rock formation known as the Marcellus Shale, which stretches from New York to Virginia.
The shale formation has about 84 trillion cubic feet of undiscovered, technically recoverable natural gas, according to the report from the United States Geological Survey. This is drastically lower than the 410 trillion cubic feet that was published earlier this year by the federal Energy Information Administration.
"Lax trade restrictions and high sugar prices should allow the United States to overtake Brazil in ethanol exports during the second half of 2011, the U.S. Energy Information Administration said on Wednesday.
During the first five months of 2011 U.S. ethanol exports more than doubled from the same period last year, the EIA said.