In Poland on the first stop of his European visit this week, President Obama said the Ukraine crisis highlighted the need for greater energy efficiency and energy security on the continent, The Hill reports.
BRUSSELS (AP) — The European Union on Tuesday told Bulgaria to suspend preparatory work on the Russian gas pipeline South Stream, which will bypass Ukraine to bring supplies into the heart of Europe.
EU Commission spokeswoman Sabine Berger said Tuesday that work on the line should not proceed until the Bulgarian government gives clear answers on antitrust concerns over ownership. She added that "the project should be reevaluated in the light of the EU's energy security priorities."
The standoff over Ukraine has forced the 28-nation EU into a sudden rethink of its energy policies to make it less reliant on Russia and its state-owned gas giant Gazprom.
FLAGSTAFF, Ariz. (AP) — Two of the Southwest's largest coal-fired power plants straddle the San Juan River in northwestern New Mexico, one within clear view of the other.
But one of them didn't factor into the Obama administration's plans to reduce carbon dioxide emissions across the nation because it is on an American Indian reservation.
The U.S. Environmental Protection Agency said it will hold off on emissions standards for four power plants on reservations to talk further with tribes and give them an opportunity to create cleanup plans of their own. If the tribes decline, the federal government will craft plans for them.
WARSAW, Poland (AP) — President Barack Obama says the United States plans to increase its military presence in Europe by sending in more American troops.
Obama is speaking at a joint news conference in Warsaw with Polish President Bronislaw Komorowski. Obama says his new initiative will involve prepositioning more U.S. military equipment in Europe as well.
Obama says he's calling on Congress to provide up to $1 billion to support the effort.
BEIJING (AP) — President Barack Obama's proposal to curb U.S. greenhouse gas emissions might improve the chances of completing a global climate treaty but is unlikely to defuse demands by China, India and others for Americans to do more.
Governments have set a goal of signing an agreement next year in Paris to curb emissions of climate-changing gases. Unlike the previous 1997 Kyoto Protocol, which exempted developing nations from emissions limits, this deal is supposed to cover every country. Progress has been stymied by conflict over how much of the burden poor countries should bear.
States and utilities will have slightly less of a challenge meeting the Environmental Protection Agency’s new carbon rule proposed for existing power plants in part because the EPA selected 2005 as a baseline year for comparisons, The Wall Street Journal reports.
By pushing for international agreement on a climate accord – which would "name and shame" violators rather than prosecute them – President Obama hopes to come up with a global deal on the issue that would avoid him having to present a legally binding treaty for Senate ratification, The New York Times reports.
$1.4 million will settle federal claims stemming from a crude oil spill from a pipeline operated by an Exxon Mobil subsidiary in Louisiana back in 2012, an amount the company has agreed to pay, The Hill reports.
A greater-than-expected decline in crude stockpiles reported by the Energy Information Administration Wednesday helped push oil prices up. U.S. benchmark crude gained 15 cents to $94.01 a barrel after settling 51 cents higher on the Nymex Tuesday, while in London Brent crude for October delivery rose 21 cents to $102.71, Reuters reports.
Texas lawmakers examined the impact of the oil boom in a hearing Tuesday, where the Texas Oil & Gas Association said it has brought the state $48 billion in wage payments and $11 billion in royalties a year, the Houston Chronicle reports.
High returns from fossil fuel investments make it difficult for the divestment movement to attract support, although dumping coal stocks may be a more attractive proposition than turning away from oil and gas companies, says a new report from Bloomberg New Energy Finance, according to National Journal.
In a change of plans, Duke Energy said at a Florida Public Service Commission hearing Tuesday it would buy an existing natural gas-fired plant from Calpine Finance Construction Co. instead of building one of its own, the Tampa Bay Times reports.
The Tokyo Electric Power Co., operator of the crippled Fukushima Dai-ichi nuclear plant, must pay the husband of a suicide victim in the region $470,000, under a ruling from a Japanese court, The Washington Post reports.
Although leaders in Moscow and Kiev spoke of “positive” results from Tuesday’s talks between Russian President Vladimir Putin and Ukrainian leader Petro Poroshenko, there appeared to be no letup in fighting Wednesday, Bloomberg reports.