The Grain Belt Express, a $2.2 billion transmission line proposed by Clean Line Energy to bring wind power from Kansas to points east, through Missouri, has been rejected by the Missouri Public Service Commission, The Kansas City Star reports.
WASHINGTON (AP) — Brazil is pledging to restore millions of acres of forests and expand renewable energy as part of its commitment to a budding global climate treaty.
In the electricity sector, the U.S. and Brazil are jointly announcing intentions to increase their share of non-hydropower renewable sources to 20 percent by 2030.
Brazil is previewing elements of its pledge as part of Brazilian President Dilma Rousseff's official visit to the White House. She's meeting with President Barack Obama on Tuesday.
The White House says Brazil will restore and reforest 12 million hectares by 2030. That's an area roughly the size of Pennsylvania. Brazil also plans to expand renewable energy sources other than hydropower to between 28 percent and 33 percent of its total energy mix by 2030.
While Hawaii is becoming a "laboratory" for clean energy, with 21 percent of its power coming from renewables, the state's grid is also facing challenges from intermittent power and more rooftop solar, The Wall Street Journal reports.
The Environmental Protection Agency’s Clean Power Plan -– the final version of which could be made public as early as Monday -– will give states more time to comply with carbon reduction goals, people familiar with the matter have told The New York Times.
Studies from the Southwest Power Pool and the Georgia Tech School of Public Policy both suggest that states would be better off banding together to comply with the Environmental Protection Agency’s rule limiting power plant carbon emissions, Platts reports.
Washington Gov. Jay Inslee has instructed the state Department of Ecology to be more aggressive about enforcing pollution laws, in an attempt to impose a carbon emissions cap through executive action, The Seattle Times reports.
Data indicating OPEC produced about 3 million barrels per day more than demand in the second quarter helped to drag oil prices lower early Wednesday, Reuters reports. U.S. benchmark crude dropped 20 cents on the Nymex to $47.78 a barrel, while in London Brent fell 22 cents to $53.08.
Low oil and gas prices hit the balance sheet for Range Resources Corp. in the second quarter, as the Texas-based driller reported a $119 million loss, compared to a profit of $171 million a year earlier, the Pittsburgh Post-Gazette reports.
The profit for Anadarko Petroleum Corp. in the second quarter dropped to $61 million, or 1 cent per share after adjustments, but analysts had been predicting a loss for the company, The Wall Street Journal reports.
Expect increasing production but no new well drilling from Consol Energy over the next 18 months, the company announced after reporting a loss of $603 million in the second quarter, the Pittsburgh Post-Gazette reports.
Brazilian police have arrested Othon Luiz Pinheiro da Silva, who prosecutors allege accepted more than $1.3 million in bribes as head of Electronuclear, a company that runs two power plants, The New York Times reports.