Energy & Fuel

"ExxonMobil Agrees to Report Carbon Stranded Asset Risk"

"In response to a shareholder resolution, ExxonMobil, the largest U.S. energy company, for the first time has agreed to publish a Carbon Asset Risk report on the company website. The report will show investors how ExxonMobil plans for a future where market forces and climate regulations will make some of its oil and gas reserves unburnable."

Source: ENS, 03/25/2014

BP Oil Spill Linked To Heart Defects in Tuna And Amberjack: New Study

"Oil from BP’s Macondo well has again been linked to heart defects in embryonic and newborn bluefin and yellowfin tuna and in amberjack, key commercial, open water fish that were spawning in the Gulf of Mexico at the time of the catastrophic blowout, according to a peer-reviewed lab study released Monday by the National Oceanic and Atmospheric Administration."

Source: New Orleans Times-Picayune, 03/25/2014

"Houston Ship Lane To Have 'Tapered' Reopening; Exxon Cuts Output"

"U.S. authorities expected a 'tapered' re-opening of the Houston Ship Channel, but gave no timeline on Monday of when vessels could start moving again after an oil barge spill shut the waterway for a third day, forcing the nation's second-largest refinery to curb production."

Source: Reuters, 03/25/2014

"25 Years After Spill, Alaska Town Struggles Back From 'Dead Zone'"

"On March 24, 1989, the tanker Exxon Valdez struck a reef in Prince William Sound, Alaska, spilling 11 million gallons of crude oil into the pristine water. At the time, it was the single biggest spill in U.S. history. In a series of stories, NPR is examining the lasting social and economic impacts of the disaster, as well as the policy, regulation and scientific research that came out of it."

Source: NPR, 03/24/2014

As Listener and Saleswoman, EPA Chief Takes to Road for Climate Rules

"BEULAH, N.D. — Gina McCarthy was deep in enemy territory. Here on this wind-whipped prairie pocked with strip mines, Ms. McCarthy, the administrator of the Environmental Protection Agency, faced 20 coal miners, union workers and local politicians deeply suspicious of the new climate change regulations she had come to pitch. The Obama administration hopes the regulations will help save the planet, but the North Dakotans say the rules will put coal and their livelihoods at risk."

Source: NY Times, 03/24/2014

Oil Spill in Houston Ship Channel Blocks Traffic; Size Unknown

"TEXAS CITY, Texas -- The cleanup of an unknown amount of thick, sticky oil that spilled into the Galveston Bay blocked the movement Sunday of about 60 ships, including three cruise ships, between the Gulf of Mexico and one of the world's busiest petrochemical transportation waterways."

Source: AP, 03/24/2014

"How to Lose an Energy War With Putin"

"Forget Glasnost, Mikhail Gorbachev and the arms race. What really broke the Soviet Union was the collapse of oil prices in the late 1980s. The late economist Yegor Gaidar, one of Boris Yeltsin’s prime ministers, wrote in 2007 that the empire’s fall could be traced back to Sept. 13, 1985, when Saudi Arabia, fed up with holding back supply to prop up prices, opened the spigots in a quest to recover lost market share. That day, he argued convincingly, was the beginning of the end."

Source: Politico, 03/24/2014

Sunshine Week 2014: Hard Fight for Open Government Far from Won

Spin control and the security state may have taken large bites out of the First Amendment in recent years, but the pushback celebration known as Sunshine Week has never been more robust. Pushing for open government is a trend. Nowhere is this more true than on the environment and energy beats.

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