A Reuters survey of energy and financial analysts projected that the cost of Brent crude will average 95 dollars a barrel -- 80 dollars in real terms -- in 2020. That's a drop of 20 dollars since last year's survey, and it's thought due to the shale boom.
Energy Department Loan Program Executive Director Peter Davidson said the agency would announce up to $8 billion in new loan guarantees for fossil-fuel projects that use technology to reduce carbon dioxide emissions, Platts reports.
Uncertainty over the extension of the wind production tax credit has slowed the development of new wind-generating capacity, as producers aim to ink contracts by the year's end rather than get turbines in operation, National Journal reports.
Earthjustice filed a lawsuit against the Environmental Protection Agency over its approval of the pesticide sulfoxaflor, saying the chemical is highly toxic to bees and other pollinators, The Hill reports.
Mexican Senate committees backed draft legislation that would open the country's oil markets to outside investment, moving the package proposed by President Enrique Pena Nieto to the Senate floor for approval, Reuters reports.
China's National Development and Reform Commission released its first blueprint for responding to climate change, including better natural disaster warning systems, sustainable agriculture and conservation efforts, The Wall Street Journal reports.
Under a draft energy plan, South Korea plans to cut its reliance on nuclear power to 29 percent of its energy mix by 2035 due in part to public scrutiny of nuclear power after the Fukushima disaster in Japan and recent safety scandals, Bloomberg reports.
The European Union is expected to approve a plan to help repair the bloc's struggling carbon emissions market by delaying the release of new permits to create scarcity in the market, The Wall Street Journal reports.
Officials from Israel, Jordan and the Palestinian Authority approved an agreement to cooperate on developing new water sources for the three and join forces on protecting the Dead Sea, the Los Angeles Times reports.