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"Oil Plunges on Strong Dollar, Profit Taking"

Despite Iran's threat to close the Strait of Hormuz, some global oil prices fell. It turns out Iran's influence on the international oil market may be weak, and its threats more an effort to head off international sanctions that will harm its own weakened petroleum economy. Shipping lanes are just one of many major strategic factors affecting the global oil market. Iran has, however, offered spurious ammunition to U.S. politicians crowing for US acts of war against it. Right now, the news media are taking Iran's threats more seriously than the oil market is.

Source: AFP, 12/29/2011

NY Enviro Group Says Junked Thermostats Cause Major Mercury Pollution

"ALBANY, N.Y. — While health and environmental groups are praising the Environmental Protection Agency for reining in mercury emissions from power plants, a New York group says discarded thermostats remain a major source of mercury contamination in the state."

Source: AP, 12/23/2011

"Insurance Regulators Accelerate Climate Action To Keep Feds at Bay"

"State insurance regulators are feeling pressure to address climate change before a federal counterpart established last year moves in on their territory."

Source: ClimateWire, 12/23/2011

"The Coal Age Is Nearer to Its End"

"After burning coal to light up Cincinnati for six decades, the Walter C. Beckjord Generating Station will go dark soon—a fate that will be shared by dozens of aging coal-fired power plants across the U.S. in coming years."

Source: Wall St. Journal, 12/23/2011

"Bioterrorism, Health-Emergency Preparedness Eroding: Report"

Congress' drive to cut spending could increase the threat to US citizens' from bioterrorism as well as more common epidemics, a new study says.

Source: Wall St. Journal, 12/23/2011

BP Axes Its Solar Power, Alt-Energy Businesses

"BP has taken the axe to its solar power business, saying it 'can't make any money' from selling panels at a time when it continues to spend $20bn annually on oil and gas developments."

Source: Guardian, 12/23/2011

"Larry Craig Lobbies On Mine Safety As Reform Slowly Dies"

"Having left Congress after an embarrassing 2007 arrest, former Sen. Larry Craig (R-Idaho) has quietly reemerged in Washington as a lobbyist working on behalf of the coal industry. According to his federal filings, Craig has registered to wheedle his former Capitol colleagues on the obscure but critical issue of mine safety."

Source: Huffington Post, 12/23/2011

Chemical Industry Seeks Further Delays in EPA Dioxin Risk Study

"In light of just-passed federal legislation, a chemical industry group is asking the Environmental Protection Agency to change course on its assessment of the most potent form of dioxin, a pollutant that causes cancer and is linked to reproductive problems. Such a move by the agency could drag out completion of the assessment, which has been underway for 20 years."

Source: C&EN, 12/23/2011

Boehner Caves; Tax Bill Includes 60-Day Deadline for Keystone XL Pipe

"US President Barack Obama would have until late February to act on TransCanada's application to build the controversial Keystone XL crude oil pipeline under legislation expected to be approved by Congress on Friday."

Source: Platts, 12/23/2011

"Nigeria On Alert as Shell Announces Worst Oil Spill in a Decade"

"Nigerian coastal and fishing communities were on Thursday put on alert after Shell admitted to an oil spill that is likely to be the worst in the area for a decade, according to government officials."

Source: Guardian, 12/23/2011

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