The Organization for Economic Co-operation and Development said in an analysis of national climate policies that carbon taxes and emissions-trading schemes are the "most cost-effective" policies to reduce carbon emissions, the Financial Post reports.
There's a lot of upbeat talk these days by President Barack Obama's environment team about working hand-in-hand with the public and industry to rein in greenhouse gas emissions from power plants.
Contrast that optimism with the administration's heavy silence about biofuels and the future of the Renewable Fuel Standard. There is a good reason for that caution: Obama finds himself faced with a tough choice between his stated support for home-gown fuels and the politics of the pump.
CropLife America said in a report that pesticide regulatory overlaps among the Environmental Protection Agency, Fish and Wildlife Service and National Marine Fisheries Service could cost taxpayers $474 million over the next decade, The Hill reports.
Environmental Protection Agency Administrator Gina McCarthy on Monday offered her own rebuttal to critics who say she is avoiding coal companies and coal-dependent utilities, as the agency began its final week of public meetings on planned power plant carbon rules.
"As has been the case throughout my career in public service, I meet with everyone I can," McCarthy, in her prepared remarks, told a forum at Gordon College. "In helping develop these important standards, in the last few weeks and months alone I’ve met with industry CEOs, including coal, oil, and natural gas executives."
RIYADH, Saudi Arabia (AP) — U.S. Secretary of State John Kerry moved Sunday to reassure America's Arab friends that the United States will not allow them to be attacked "from outside," in an apparent warning to Iran.
The Obama administration will seek public comment on its recent "social cost of carbon" measurement that estimates the economic impact of greenhouse gas emissions, which may lead to revisions, Bloomberg reports.
The problems in Ukraine are unlikely to trigger faster action by the Obama administration on natural gas exports, a White House spokesman appeared to indicate Friday, as he noted that supplies in Europe are at higher-than-normal levels because of the mild winter there, according to Reuters.
Public Service Enterprise Group plans to spend $12 billion over five years on capital projects to improve reliability, hoping to increase the earnings of its utility business, The Wall Street Journal reports.
Weather-related rail bottlenecks in Chicago are causing higher prices and lower supplies of ethanol on the East coast, while Midwest plants are cutting production because of a shortage of rail cars, an industry representative told a U.S. Surface Transportation Board panel, Platts reports.
Investors will challenge corporations during the upcoming proxy season to make more environmental commitments, according to nonprofit Ceres, which has compiled a list of resolutions up for votes, E&E reports.
Saying President Obama's proposed "climate resilience fund" will help communities prepare better for severe weather might win it bipartisan support, according to Sen. Brian Schatz, D-Hawaii, National Journal reports.