Attempts to cut methane in the agricultural sector will be entirely voluntary, according to a letter Agriculture Secretary Tom Vilsack, Energy Secretary Ernest Moniz and EPA Administrator Gina McCarthy sent to Republican senators, The Hill reports.
At the National Wildlife Federation annual meeting last week, Interior Secretary Sally Jewell speculated that political realities were keeping Republicans like Arizona Sen. John McCain from speaking out about climate change, while Administrator Gina McCarthy acknowledged that the Environmental Protection Agency’s upcoming rule regulating the carbon emissions of existing power plants would be controversial, E&E reports.
Farmers and rural small businesses can get money to fund up to a quarter of the cost of energy projects – to improve efficiency or install renewables – according to an announcement Monday from Agriculture Secretary Tom Vilsack, who said his department had $70 million to spend on the program, The Des Moines Register reports.
Documents indicate Republican Gov. Sean Parnell’s administration in Alaska cut a deal with oil companies temporarily letting them off the hook for millions in property taxes because of a disagreement over the assessment of the trans-Alaska pipeline, a move that has local governments up in arms, the Anchorage Daily News reports.
White House forum on Third U.S. National Climate Assessment. Climate adviser John Podesta, White House Office of Science and Technology Policy Director John P. Holdren, NOAA Administrator Kathryn D. Sullivan to speak.
Reps. Jim Sensenbrenner, R-Wis., and Rick Larsen, D-Wash., had serious reasons for introducing legislation requiring the U.S. to appoint an ambassador to the Arctic, some of them concerned with Russian President Vladimir Putin's intentions in the region, and the measure appears to have bipartisan support, National Journal reports.
WASHINGTON (AP) — Treasury Undersecretary David Cohen is heading to Europe this week to discuss plans for a possible third round of sanctions against Russia for its incursion into neighboring Ukraine.
The U.S. and the European Union already have imposed sanctions on Russian individuals and businesses and are contemplating additional sanctions against various sectors of the Russian economy if the situation in Ukraine further destabilizes.
Adoption of a Republican amendment to stop federal greenhouse gas regulations on power plants would doom the pending Senate energy efficiency bill, White House climate adviser John Podesta said Monday.
The bill is up for debate this week, with GOP senators, led by Minority Leader Mitch McConnell, R-Ky., seeking a vote to stop planned power plant carbon limits by the Environmental Protection Agency. Podesta told reporters at the White House that any attempt to stop regulations under the Clean Air Act has a "zero chance" of success.
"We hope that it gets to the floor, we hope that it passes," he said of the efficiency bill. "But if it passes with unacceptable riders, then it will be headed to the watery depths, I guess."
Podesta declined to talk about a push by Senate Republicans and some Democrats for a vote on a bill to approve the Keystone XL oil sands crude pipeline from Canada, citing his decision to recuse himself from the administration's ongoing review of the project.
White House Press Secretary Jay Carney would not say whether Obama would veto the efficiency bill if Keystone approval is included. He reiterated the administration's stance that the decision on a cross-border permit should be made through the State Department and not by Congress.
The Department of Transportation’s proposed regulation tackling oil train safety may have been dealing mostly with tank car construction, but the DOT’s Pipeline and Hazardous Materials Safety Administration is also reporting on the volatility of Bakken crude, E&E reports.
A 20 percent increase in revenue for Noble Energy in the second quarter on higher shale production wasn’t enough to sustain last year's profits, which fell 49 percent compared to the year-ago period, to $192 million, FuelFix reports, noting the company dropped $187 million on commodity derivatives.
Alberta-based Encana Corp. reported a 31 percent drop in second quarter operating profit despite an increase in its production of oil and natural-gas liquids, but CEO Doug Suttles maintains the company’s results were strong and it would stick to its strategy of shifting away from natural gas, The Wall Street Journal reports.
Repsol’s $524 million adjusted net income in the second quarter was lower than in the period a year ago but beat analysts’ expectations, Bloomberg reported, noting that output from new wells and improved margins for refining helped the company – reported to be shopping for a major acquisition – overcome problems with production in Libya.
International oilfield services company Weatherford announced a second quarter net loss of $145 million on lower revenues, although it says it has nearly completed a plan to cut 6,600 jobs, FuelFix reports.
Utilities like Pacific Gas & Electric and Sempra rank highly in the use of renewable energy and promoting energy efficiency, while Entergy and Dominion Resources are near the bottom of the list of 32 of the nation’s utilities in an analysis compiled by Ceres and Clean Edge, groups which promote sustainable energy, Forbes reports.
There will be a court-supervised bidding process involved in the restructuring of bankrupt Energy Future Holdings, according to a filing with the Securities and Exchange Commission Thursday, in which the prize will likely be the Texas transmission business Oncor, The Wall Street Journal reports.
EU governments are considering new sanctions over the Ukraine crisis to limit Russian access to capital markets, as well as energy technology and weapons, Reuters reports, noting discussions are set to continue Friday with no action expected before next week.
The Washington Post reports on problems in Pueblo, Colo., where Black Hills Power, the utility servicing local residents, moved away from coal-fired generation and Xcel, the utility that built a new coal-fired plant in the area, stopped selling power locally and people were left scrambling to cover soaring bills.