Energy & Fuel

"Leaking Underground CO2 Storage Could Contaminate Drinking Water"

"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."

Source: SPX, 11/15/2010

"Record US Ethanol Exports Raise Tax Issue"

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.

Source: Financial Times, 11/15/2010

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