Economy & Business

"U.S. Judge Signs Peabody Bankruptcy Exit After Environmental Deal"

"A U.S. judge formally approved Peabody Energy Corp's plan to emerge from bankruptcy late Friday after the coal producer struck a settlement with the U.S. government over legacy environmental claims at a gold and metal mining subsidiary."

Source: Reuters, 03/20/2017

Get Wise on Water Rule

Wondering what WOTUS is? Or how the Clean Water Rule relates to the Clean Water Act and to the Section 404 permitting program meant to prevent the destruction of U.S. wetlands? Our Beat Basics column explains the history and background of the rule to help you cover White House, EPA and court action likely ahead.

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15 AGs Defend NY, Mass. Probes of Exxon From Lamar Smith Subpoenas


"A coalition of 15 Democratic state attorneys general has urged Congressman Lamar Smith to withdraw subpoenas sent to the AGs of Massachusetts and New York seeking records related to their investigations of ExxonMobil. In a letter to Smith sent Tuesday, the attorneys general argue the demand for documents interferes with the investigative authority of the states."

Source: InsideClimate News, 03/02/2017

"Exxon Relents, Wipes Oil Sands Reserves From Its Books"

"ExxonMobil announced Wednesday that it had wiped off its books all 3.5 billion barrels of tar sands oil reserves at one of its projects in Canada. Because of recent low oil prices, the company said none of those reserves can be considered economical according to the accounting rules of the Securities and Exchange Commission."

Source: InsideClimate News, 02/24/2017

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