The failure to advance a bipartisan tax breaks renewals bill in the Senate on Thursday has added more uncertainty for the wind and biofuels industries, but trade groups that represent them still hope the incentives will get new life sooner than later.
Peter Kelley, a vice president for public affairs with the American Wind Energy Association, expressed optimism that Senate Democrats and Republicans will resolve their nasty fight over amendments that led to the bill being stopped on a largely party-line vote.
It’s a 20-year deal for Austin Energy to buy 150 megawatts of solar power from Recurrent Energy, and it could create the biggest solar farm in Texas, as well as possibly offering the cheapest-ever prices on solar power, Austin Business Journal reports.
Energy policies in Texas are preventing solar energy from blossoming in the state, and will likely continue to do so, even though physical conditions give it great potential there, National Journal reports.
Canton Mountain Wind has gotten a go-ahead from the Maine Department of Environmental Protection for an eight-turbine project, which could start operation as early as 2016, the River Valley Sun Journal reports.
The wind production tax credit, under consideration in the Senate now, has high profile champions like Finance chair Ron Wyden, D-Ore., as well as opponents like Sen. Jeff Flake, R-Ariz., but is likely to face a rougher ride in the Republican-controlled House, FuelFix reports.
The American Bird Conservancy’s notification that it intends to take legal action against the Interior Department for its move to issue 30-year wind farm permits has triggered a new round of debate and discussion over the issue of bird deaths, Gannett’s Argus Leader reports.
The Department of Energy has announced measures to cut methane emissions from the country’s natural gas industry including setting efficiency standards for natural gas compressors and offering incentives for infrastructure modernization, StateImpact Pennsylvania reports.
The latest round of sanctions the U.S. and Europe have announced against Russia over its actions in Ukraine, by withholding drilling technology, are aimed at Moscow’s ability to tap its Arctic and shale reserves, The New York Times reports.
With anticipation -– ahead of the release of government data Wednesday –- that stockpiles may have shrunk by more than a million barrels, benchmark West Texas Intermediate crude for September delivery was up 47 cents to $101.44 a barrel in electronic trading on the New York Mercantile Exchange, while in London Brent crude dropped 37 cents to $107.35, Bloomberg reports.
Singer Jimmy Rose, invited by Sen. Mitch McConnell, R-Ky., to testify at an Environmental Protection Agency hearing on its rule to limit carbon emissions from existing power plants, hopes to use his music to make his pro-coal message, National Journal reports.
Green groups -- including the Sierra Club and the Environmental Defense Fund -- rallied outside Environmental Protection Agency headquarters Tuesday to boost support for the EPA’s rule to limit carbon emissions from power plants as hearings about the regulations got underway, E&E reports.
Enterprise Products Partners will have to pay $535.8 million to Energy Transfer partners after backing out of a deal to build a pipeline together, a Dallas judge has determined, although legal experts believe the judgment will be appealed, FuelFix reports.
Second quarter profits for Anadarko Petroleum Corp. – which settled litigation over its Kerr-McGee acquisition for $15.5 billion earlier this year – were reported at $227 million, a 76 percent drop from the period a year earlier and below analysts’ expectations, although $4.44 billion in revenue beat predictions, according to The Wall Street Journal.
An important part of legislation needed to open up Mexico’s energy sector to private investment won approval in the lower house Tuesday, but the measure will need to return to the Senate there for further approval, FuelFix reports.
Federal agencies would have to make public the data they use to determine whether species are endangered, and would have to report to Congress on money and time spent on lawsuits related to the Endangered Species Act, under a bill to amend it that was approved by the House on a 233-190 vote Tuesday, The Hill reports.
Offers outnumbered bids in the first round of the Massachusetts auction of solar renewable energy certificates this year, so the results were scrapped, the terms will be changed and a second round of bidding will be held, Platts reports.