Policy

Upton urges abudance-driven energy policy

Source: 
The Hill

House Energy and Commerce Committee Chairman Fred Upton, R-Mich., used the podium at an Energy Information Administration conference to call for a U.S. energy policy that focuses on taking advantage of surging energy development rather than scarcity-driven policies, The Hill reports.

McCarthy urges states to see carbon rules as investment chance

Source: 
E&E

Speaking before the National Association of Regulatory Utility Commissioners on Monday, EPA Administrator Gina McCarthy urged state officials to view her agency's proposed rules to cut carbon emissions at power plants as a chance to invest in more reliable, cleaner energy rather than as a pollution plan, E&E reports.

Senate confirms Bay, LaFleur to Federal Energy Regulatory Commission

In an unusual deal, the Senate has voted to confirm President Obama’s nominees to serve on the Federal Energy Regulatory Commission -- with his choice for chairman serving as a regular commissioner for the first nine months of his term.

Lawmakers voted mostly along party lines, 52-45, to approve Norman Bay, the administration’s original pick to chair the FERC. Under the terms of the agreement, he will serve an apprenticeship of sorts before assuming the position of chairman.

NRG

NRG, Japanese team for groundbreaking carbon capture project

Work begins Tuesday on a carbon capture system for an enhanced oil recovery project in Texas, described by those involved as the world’s largest.

The Petra Nova Carbon Capture Project is a joint venture between NRG Energy, Inc.’s subsidiary Petra Nova and JX Nippon Oil & Gas Exploration Corporation of Japan. It will pull carbon dioxide from an existing coal-fired plant, the W.A. Parish Electric Generation station southwest of Houston, and pipe it to the nearby West Ranch oil field to enhance production there.

Oil

Haslam-owned truck-stop chain won't be charged

NASHVILLE, Tenn. (AP) — The truck-stop company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam may have put the worst behind it after federal attorneys agreed not to prosecute Pilot Flying J for cheating customers.

In an agreement with prosecutors, the nation's largest diesel retailer acknowledges that employees cheated trucking companies out of promised fuel rebates and discounts. Pilot has agreed to pay a $92 million penalty, which is within the range of what the company would be expected to pay if convicted at trial.

Federal Reserve's Yellen giving Congress good news

WASHINGTON (AP) — Federal Reserve Chairwoman Janet Yellen will have some good news to tell Congress this week about the health of the labor market. But lawmakers will likely press her to provide more information on just how the central bank intends to react to the good news.

Yellen is scheduled to deliver the Fed's twice-a-year report to Congress on interest-rate policy and the economy. She testifies before the Senate Banking Committee on Tuesday and will follow that with testimony Wednesday before the House Financial Services Committee.

House to take up highway bill as deadline looms

WASHINGTON (AP) — With an August deadline looming, the House is poised to act on a bill that would temporarily patch over a multibillion-dollar pothole in federal highway and transit programs while ducking the issue of how to put the programs on sound financial footing.

The bill by Ways and Means Committee Chairman Dave Camp, R-Mich., cobbles together $10.8 billion in pension tax changes, customs fees and money from a fund to repair leaking underground fuel storage tanks to keep the federal Highway Trust Fund solvent through May 2015. A similar bill is pending in the Senate.

Proposal would fine California water-wasters

SACRAMENTO, Calif. (AP) — In one of the most drastic responses yet to California's drought, state regulators on Tuesday will consider fines up to $500 a day for people who waste water on landscaping, fountains, washing vehicles and other outdoor uses.

The rules would prohibit the watering of landscaping to the point that runoff spills onto sidewalks or streets. Hosing down sidewalks, driveways and other hard surfaces would be banned along with washing vehicles without a shut-off nozzle.

Court KOs New Jersey bid to block ocean blasting

ATLANTIC CITY, N.J. (AP) — A federal appeals court on Monday cleared the path for seismic testing off the coast of New Jersey that will blast the floor of the Atlantic Ocean with loud noises as part of a climate change research project.

The 3rd Circuit U.S. Court of Appeals rejected New Jersey's request to block the testing off Long Beach Island, which aims to use acoustic research to examine sediment dating back tens of millions of years. The barrier island stretches along the central New Jersey coast for about 18 miles.

Mary Robinson named UN envoy for climate change

UNITED NATIONS (AP) — Secretary-General Ban Ki-moon has appointed former Irish president Mary Robinson as his special envoy for climate change.

She has a mandate to mobilize world leaders to take action at the climate summit the U.N. chief is hosting in September.

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