The staging area to gather workers, materials and equipment to build the Cape Wind offshore wind farm will be in New Bedford, Massachusetts, as the company behind the project has signed a two-year, $4.5 million lease with the state to use a terminal at the port there, The Boston Globe reports.
The number of new clean energy and transportation jobs announced by developers more than doubled in the second quarter compared to first quarter of this year, to 12,500, the business group Environmental Entrepreneurs reported.
The sector rebounded after a dip in the first quarter, when about 5,600 jobs were added nationally. Still, the number for the second quarter was only about a third of the 38,600 jobs announced in the same period last year, when the renewable energy sector was surging.
Wind energy is expected to grow in the U.S. over the next two years, but the expiration of the wind Production Tax Credit has cast doubt on the future beyond 2015 despite declines in cost and prices, says the Department of Energy’s annual report on the sector, according to Platts.
The New Jersey Board of Public Utilities has to look again at the wind farm proposed by Fishermen’s Energy that it rejected in March, in part because of a $47 million grant the Department of Energy awarded to the project in May, according to a ruling from a state appeals court, The Record reports.
The Interior Department is set to hold its third competitive Atlantic Ocean offshore wind energy lease sale on Tuesday, one that has attracted the interest of more than a dozen companies who could tap into Maryland's new subsidy program.
The lease sale makes available nearly 80,000 acres extending to the east and south from about 10 miles off Ocean City, Md., with 16 companies signed up to bid, the department's Bureau of Ocean Energy Management said.
Energy Secretary Ernest Moniz wants the public -- and Congress -- to know that the average cost of wind power has reached a new low, but future growth of the industry depends on renewal of the wind Production Tax Credit.
The credit expired at the end of last year, but because it applied to projects that had gotten underway, the industry has had time to lobby lawmakers for a renewal before construction falls off after those projects are completed.
Bill Miller, CEO of Power Company of Wyoming LLC, says his firm’s Chokecherry and Sierra Madre 3,000-megawatt wind farm would benefit if Congress restored the wind production tax credit, but the project will go ahead regardless, the Casper Star-Tribune reports.
The Environmental Protection Agency’s practice of counting health co-benefits in justifying its regulations was not addressed in the Supreme Court ruling on EPA’s Mercury and Air Toxics Standards, intensifying debate over the practice, E&E reports.
Environmental groups including the Natural Resources Defense Council, Environment America, and 350.org are dismissing TransCanada’s argument that Canada's global warming commitments and Alberta's higher carbon tax should ease concerns about the climate impact of the Keystone XL pipeline, The Hill reports.
An unexpected report of a jump in crude stockpiles sent oil prices sliding back down to April levels Wednesday. U.S. benchmark crude plunged $2.51, or 4.2 percent, to settle at $56.96 a barrel on the Nymex, while Brent dropped 2.5 percent to $62.01, The Wall Street Journal reports.
Royal Dutch Shell’s Appomattox field in the Gulf of Mexico will get a deepwater platform, after the company cut costs enough so the project will be profitable as long as world crude oil prices remain above $55 a barrel, FuelFix reports.
A new report says that, while layoffs eased in May and June as crude oil prices stabilized, last winter's price collapse led to the country's biggest number of planned job cuts over six months since 2010, FuelFix reports.
Treating and recycling drilling wastewater offers the potential to address Oklahoma’s problems with earthquakes and drought, the state’s Energy and Environment Secretary Michael Teague told a forum of the Western Governors’ Association recently, E&E reports.
Legislation under consideration in the Pennsylvania legislature would stop drillers from deducting costs that push royalty payments to landowners below a minimum set in a 1979 law, the Pittsburgh Post-Gazette reports.
The U.S. Fish and Wildlife Service is sticking with its designation of the gray wolf as endangered, despite some congressional opposition and a petition from the Humane Society requesting that the animal be reclassified as threatened, The Hill reports.