German Chancellor Angela Merkel urged the European Union against launching an investigation into her government's practice of granting discounts on renewable energy fees for companies that use large amounts of energy, saying the probe would hurt competitiveness, Bloomberg reports.
The NAACP launched a campaign to press for greater state commitment to renewable energy and increased minority employment in the energy industry, releasing a report highlighting ways in which the current energy market disproportionately hurts minorities, USA Today reports.
Sen. Joe Manchin, D-W.Va., and nine Republican senators wrote Senate Finance Chairman Max Baucus, D-Mont., to urge him to abandon attempts to renew the federal wind Production Tax Credit set to expire at year's end, The Hill reports.
Siemens wind power CEO Markus Tacke said the Cape Wind project off Massachusetts will meet the requirements to qualify for the federal Production Tax Credit before the break expires at year's end, Bloomberg reports.
Policy Exchange, an analyst linked to the U.K.'s Conservative Party, urged the nation to start holding competitive auctions for renewable energy contracts to help cut technology costs and limit consumer price increases, Bloomberg reports.
German Chancellor Angela Merkel turned over implementation of the nation's shift from nuclear to renewable energy to the rival Social Democrats, who are helping her form a governing coalition, Reuters reports.
In a notice filed in the Federal Register Friday, the Environmental Protection Agency said it won’t decide until February whether to block work on Alaska’s Pebble Mine, giving itself more time to review the extensive public comments it has received, The Hill reports.
Environment and Public Works Committee chair Sen. Barbara Boxer, D-Calif., has weighed in on the negotiations over new chemical safety legislation, raising GOP hackles by making public a draft being worked on by ranking Republican Sen. David Vitter of Louisiana along with her critique of it and her own proposal, E&E reports.
Rob Merrifield, the man who’ll be Alberta's next envoy in Washington, told The Globe and Mail in an interview that an oil train disaster similar to the destructive derailment in Lac-Megantic would finally force U.S. officials into approving the Keystone XL pipeline.
Shares in TransCanada, the company behind Keystone XL, have increased 70 percent in the six years the project has been stalled – that’s one of the points Bloomberg Businessweek notes as it looks back over the history of the proposed pipeline.
Ahead of the summit next week in New York, more than 1,400 organizations have been planning for a People’s Climate March Sunday that will be the largest protest on the issue in history, to include the famous and the powerful like U.N. Secretary General Ban Ki-moon, Rolling Stone reports.
Preliminary reports blamed the radiation leak at the Waste Isolation Pilot Plant in New Mexico on a single ruptured barrel that came from Los Alamos National Laboratory, but Joe Franco, who manages the Department of Energy’s field office in Carlsbad, told a public meeting that there may have been a problem with plutonium contamination from a second container, Reuters reports.
Rising inventories and a dollar gaining on the expectations of an interest rate hike pressured oil prices Friday. West Texas Intermediate crude for October delivery fell 66 cents to $92.41 on the Nymex but ended the week slightly higher, while in London November Brent settled up 69 cents to $98.39, an increase of 1.3 percent on the week, Bloomberg reports.
German giant Siemens AG is likely to edge out rival bidder Sulzer of Switzerland to take over Texas oil equipment-maker Dresser-Rand, as it’s preparing a cash offer topping $6 billion, people familiar with the situation told The Wall Street Journal.
Ethanol assessments were at their lowest point in more than four years Thursday after an Energy Information Administration report indicating supplies hit an 18-month high of 18.8 million barrels the week ending Sept. 12, Platts reports.
The Scottish “no” vote on independence – which was welcomed by Royal Dutch Shell's CEO – lifts the burden of uncertainty from oil companies, leaving them clear to focus on how to get more out of declining North Sea oilfields, Platts reports.