"The Russian energy giant Gazprom has joined a growing list of companies that plan to drill for oil in the waters off Cuba, close to the United States but out of reach of its safety regulators."
Energy & Fuel
"At the Seoul G-20 Summit [Friday], leaders of the world's 19 most industrialized nations and the EU said they have made 'substantial progress' toward phasing out fossil fuel subsidies in the 14 months since their decision to do so at last year's G-20 Summit in Pittsburgh, Pennsylvania."
"Leaks from carbon dioxide injected deep underground to help fight climate change could bubble up into drinking water aquifers near the surface, driving up levels of contaminants in the water tenfold or more in some places, according to a study by Duke University scientists."
A record amount of US corn-based ethanol is being exported, despite the PR campaign touting ethanol as a domestic alternative to importing foreign oil. The reason: a Congress-passed tax credit for blending ethanol with gasoline. The credit -- a giveaway adding at least $6 billion to the federal deficit -- is scheduled to expire this year.
"General Electric Co plans to buy 25,000 electric vehicles from makers including General Motors Co over the next five years, in a move it said could spark demand for the charging equipment it sells."
"The Environmental Protection Agency said on Tuesday it has issued a subpoena to Halliburton for not revealing information about liquids used in a natural gas drilling technique called 'fracking.'"
"Arizona Public Service Co. plans to partially close one of the nation's dirtiest coal-fired power generators, the Four Corners Power Plant in New Mexico, company officials said Monday."
"Abolishing fossil fuel subsidies would boost the world's economy, environment and energy security, the International Energy Agency said on Tuesday, referring to a pledge made by G20 countries."
"Eager to win approval for its stalled plan to drill for oil in the Alaskan Arctic, Royal Dutch Shell is beginning a public lobbying campaign, including national advertising, on Monday."
New York state is strewn with abandoned wells -- the relics of drilling booms before the current gas bonanza. Their owners are long gone, but they have left a legacy of pollution, sticking taxpayers with the cleanup costs.