The computer model the Environmental Protection Agency uses to test the effects of its Clean Power Plan on grid reliability will likely face challenges from states as well as GOP lawmakers on Capitol Hill, E&E reports.
WASHINGTON (AP) — Freighters once carried Cuban nickel and limestone to the port of New Orleans and North Dakota beans to Havana. Cuban families ate bowls of American rice, while U.S. tourists flocked to casinos and nightclubs in Havana.
The United States' commercial ties with Cuba were broken 54 years ago after Fidel Castro took power on the Caribbean island. Now U.S.-Cuba trade is poised to resume at last: President Barack Obama on Wednesday announced plans to re-establish diplomat relations with Havana, and economic ties are expected to follow.
Among those eager for access to a Cuban market cut off by an economic embargo are U.S. farmers, travel companies, energy producers and importers of rum and cigars.
ALBANY, N.Y. (AP) — New York plans to prohibit hydraulic fracturing, or fracking, citing unresolved health issues and dubious economic benefits of the widely used gas-drilling technique and delighting opponents who previously managed to win only local bans.
New York, which overlies part of the gas-rich rock formation that has also led to a drilling boom in nearby states, has banned shale gas development since the state began its environmental review in 2008. Wednesday's announcement, though not final, means a ban is all but etched in stone.
Response to President Barack Obama’s move to continue a ban on drilling in Bristol Bay was muted, but he may face much more serious opposition from oil companies if he moves to do anything similar in the Beaufort or Chukchi Seas, National Journal reports.
The U.S. should “consider the serious consequences” from its move to impose steep tariffs on Chinese solar panels, the country’s Commerce Ministry said Wednesday, but in a hint that Beijing might be interested in settling a long-running dispute over the issue, the statement urged the U.S. to “appropriately manage trade frictions,” The New York Times reports.
TIRANA, Albania (AP) — Albania's deputy environment minister has been fired for allegedly not paying her electricity bills — just as the government is striving to persuade Albanians to settle old power debts.
In a statement on his Twitter social network account Wednesday, Prime Minister Edi Rama said there can be no justification for non-payment, a major headache for the country's dysfunctional state-run power sector.
WASHINGTON (AP) — Incoming Senate Majority Leader Mitch McConnell, R-Ky., pledged on Wednesday to do all he can to stop President Barack Obama's coal plant regulations, saying a White House "crusade" has devastated his state's economy.
The Environmental Protection Agency "has created a depression in my state and it's done a lot of damage to the country all across the country with these efforts to essentially eliminate coal fired generation," he said in an Associated Press interview.
BILLINGS, Mont. (AP) — U.S. wildlife officials will decide next year whether a wide-ranging Western bird species needs protections even though Congress has blocked such protections from taking effect, Interior Secretary Sally Jewell said Wednesday.
They could determine the greater sage grouse is heading toward possible extinction, but they would be unable to intervene under the Endangered Species Act. The bird's fate instead remains largely in the hands of the 11 individual states where they are found.
SEATTLE (AP) — Washington Gov. Jay Inslee on Wednesday proposed an ambitious cap-and-trade program to require the state's largest industrial polluters to pay for every ton of carbon they release.
The proposal was part of a broader package that the Democrat said would help the state meet a 2008 mandate to drastically reduce greenhouse gas emissions blamed for global warming. It sets an overall limit on heat-trapping gases similar to a program that California launched nearly three years ago.
Short-covering and the expiration of the front month contract helped power oil prices to a huge gain Friday. West Texas Intermediate crude for January delivery shot up 5 percent, or $2.41, to settle at $56.52 a barrel on the Nymex, while in London February Brent finished $2.11 higher at $61.38, Reuters reports.
Oilfield services company Baker Hughes reported Friday that 1,875 rigs were drilling for oil and gas in the U.S. this week, a drop of 18 and the second week in a row that the number has fallen, FuelFix reports.
Comparing present-day statistics with numbers during the oil bust in the mid-1980s has led JP Morgan Chase economist Michael Feroli to warn that Texas could slip into a regional recession next year, FuelFix reports.
Job losses in the power generation sector over the past three years topped 5,800, according to data released by the Energy Information Administration Friday, which said all parts of the industry were affected other than renewable energy, The Hill reports.
Avenue Capital, the hedge fund run by Marc Lasry that specializes in buying distressed companies’ debt, is raising $750 million for a fund that will focus on the energy sector, according to the Pennsylvania Public School Employees’ Retirement Board, which confirms it has put in $200 million, the New York Post reports.
Tesla is testing the market for battery swaps: Near California supercharging stations where Model S owners can top up their batteries for free, the company is creating a facility where drivers can pay a cost equivalent to a tank of gasoline and get a fully-charged battery installed in three minutes, The Wall Street Journal reports.
The growth of global carbon emissions slowed in 2013 -– although the total of 35.3 billion tons did set a record -- and the rate of increase tailed off despite an uptick in economic activity, says a report from the European Commission’s Emissions Database for Global Atmospheric Research, or EDGAR, according to E&E.
INEOS hopes to get commercial shale gas production under way in Britain before the end of the decade, according to documents the government released Friday, which detailed the company’s presentation to the Department of Energy and Climate Change in February, Platts reports.