The wide reach of the California-Quebec carbon market – which regulates everything from power plants to refineries to factories -- may make it a challenge to attract new partners into the system, analysts tell Bloomberg.
A rule proposed by the Environmental Protection Agency would require some dentists to use amalgam separators in their offices to remove mercury, which is used in fillings, before any wastewater is disposed of, The Hill reports.
A bill introduced by Rep. Shelley Moore Capito, R-W.Va., to protect the coal industry by putting restrictions on Environmental Protection Agency water regulation would cost $97 million because it would make EPA’s reviews more expensive, according to an analysis released Thursday by the Congressional Budget Office, The Hill reports.
Florida utilities find the Environmental Protection Agency’s rule to limit carbon emissions from existing power plants to be “unreasonably burdensome,” said Duke Energy Florida, one of a number of companies whose opinions appear in a list of documents compiled by the Florida Public Service Commission, E&E reports.
SEATTLE (AP) — The U.S. Forest Service said Thursday it is extending the period for the public to weigh in on a proposal that would make permanent new rules on commercial video and photography in the nation's wildest areas.
Under the plan, the agency said it would consider the nature of a proposed project before approving a special-use permit and charge fees of up to $1,500 for commercial filming and photography in federally designated wilderness areas.
NEW YORK (AP) — Thousands of miles off America's shores, an ocean preserve flush with rare seabirds, turtles and marine mammals will grow to roughly three times the size of California under a memorandum that President Barack Obama signed Thursday.
The expanded Pacific Remote Islands Marine National Monument will cover 490,000 square miles, making it the largest marine preserve in the world, the White House said. The move puts the remote waters surrounding a collection of islands off-limits to drilling and most fishing in a bid to protect fragile underwater life.
Environmental Protection Agency Administrator Gina McCarthy vowed to meet a June deadline to complete a controversial power plant carbon rule, even as she deals with complaints that it holds some states to tougher emissions targets.
"We've received a lot of suggestions that really fall within the category of fairness," she told reporters on Thursday, adding that states are questioning: "Are we being asked too much, is somebody else not being asked enough?"
"We'll take a look at those comments and we think there are some adjustments that could be made," McCarthy said.
The Obama administration on Friday will sign a deal with the Navajo tribe to settle claims over decades of mismanagement of its lands, 14 million acres of which are leased for oil, gas and mineral extraction, among other activities, The Washington Post reports.
Responding to a spate of departure announcements by tech companies, including Yahoo, the American Legislative Exchange Council has written a letter to Google in which it says it recognizes that climate change “is an important issue,” National Journal reports.
The federal government is trying again to help protect the Great Lakes from the effects of climate change, under the Great Lakes Restoration Initiative Action Plan II that will target contamination and algae blooms, which Environmental Protection Agency Administrator Gina McCarthy unveiled Wednesday in Chicago, The New York Times reports.
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.