As China's push for cleaner energy boosts demand for high-grade coal, Chinese energy companies are looking to purchase mining assets in Australia and Mozambique but are waiting for further price decreases, Reuters reports.
Environmental Protection Agency Administrator Gina McCarthy is headed to China next month on a bilateral trip to strengthen climate change cooperation with the world's top carbon emitter.
An EPA spokeswoman said specific details of McCarthy's itinerary were not yet available. The trip was revealed by the left-leaning Center for American Progress in an announcement of McCarthy's appearance at its Washington offices on Dec. 2 to talk up U.S-China climate cooperation and President Barack Obama's Climate Action Plan.
Sierra Club Executive Director Michael Brune said the organization is in the process of figuring out how to shift its target for getting the United States off fossil fuels in the power sector to 2030, 20 years earlier than its current goal of 2050, National Journal reports.
WARSAW, Poland (AP) — The U.N.'s chief climate diplomat on Monday urged the coal industry to diversify toward cleaner energy sources and leave most of the world's remaining coal reserves in the ground.
The head of the Environmental Protection Agency's air pollution office on Wednesday said the Obama administration has "serious concerns" about the draft of a power plants carbon bill by coal-state lawmakers Sen. Joe Manchin and Rep. Ed Whitfield.
Acting Assistant Secretary for Air and Radiation Janet McCabe said in written testimony published in advance of a House hearing on Thursday that the bill would delay power sector carbon cuts, add regulatory uncertainty to new plant proposals and stall clean energy innovation.
The U.S. Chamber of Commerce on Monday threw its weight behind a draft bill by two coal-state lawmakers that would undercut President Barack Obama's ability to curb carbon emissions from power plants.
The open letter to Congress by R. Bruce Josten, the chamber's executive vice president for government affairs, calls on lawmakers to support the bill that is to be formally introduced in the coming days by Sen. Joe Manchin, D-W. Va., and Rep. Ed Whitfield, R-Ky.
Environmental groups are weighing supporting Kentucky Democratic Senate candidate Alison Lundergan Grimes, a supporter of coal and critic of the Environmental Protection Agency, or passing on the race and the chance to challenge Senate Minority Leader Mitch McConnell, R-Ky. one of Democrats' top targets next year, Politico reports.
As many as 1,800 employees of Murray Energy could be notified today that they’ll be losing their jobs, according to CEO Robert Murray, who said “the tide is just too high” for his company in the face of low prices and demand for coal, the Tribune-Review reports.
Legislation introduced by Sen. Shelley Moore Capito, R-W.Va., and Rep. Steve Scalise, R-La., sets “accountability measures” targeting the Environmental Protection Agency, to help industry that Capito says say is burdened by “onerous regulations and deeply flawed permitting process” when it comes to air pollution rules, The Hill reports.
Sen. Bill Nelson, D-Fla., has introduced a measure extending the ban on offshore drilling in the eastern Gulf of Mexico off the Florida coast, opposing legislation introduced by Republicans last week that would open the area to drilling as early as 2016, The Hill reports.
Oil prices were trading slightly lower early Friday following big gains the day before, ahead of the closely watched figures from Baker Hughes about the number of rigs drilling in the U.S. Light, sweet crude for July delivery was down 18 cents to $60.54 a barrel in electronic trading on the Nymex, while in London, Brent lost 15 cents to $66.39, The Wall Street Journal reports.
U.S. railroads transported 113,089 carloads of crude in the first quarter, according to the Association of American Railroads, a drop of almost 14 percent from the 4th quarter as lower prices impacted drillers, particularly in the Bakken Shale, The Wall Street Journal reports.
Vanguard Natural Resources says it will spend $474 million to take over upstream rival Eagle Rock Energy Partners LP, the second acquisition for the master limited partnership this spring, FuelFix reports.
Westchester County will pay a civil penalty record $1.1 million fine for failing to properly treat drinking water, overall spending around $12 million as part of a settlement of a federal lawsuit, U.S. Attorney Preet Bharara said, according to Reuters.