"Pending greenhouse gas regulations cloud the future of coal-burning power plants. But electric utilities are investing to keep large facilities going."
Economy & Business
"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."
"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."
"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."
"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.)"
Here's more evidence of why documents should be leaked to reporters: a Powerpoint obtained by LA Times' Neela Banerjee shows EPA's Region 3 staff argued a year ago for continuing its investigation of fracking pollution around Dimock, PA — as EPA HQ announced it was ending its study of Dimock wells. Now there's an echo in Pavillion, WY.
Journalists who worried about a cover-up during the April 2010 blowout of BP's Deepwater Horizon drilling rig in the Gulf of Mexico got some vindication this month when Halliburton admitted to destroying evidence. The company agreed to pay $200,000 in fines and donate $55 million to the National Fish and Wildlife Foundation.
"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."