House Natural Resources Energy and Mineral Resources Subcommittee hearing, "EPA vs. American Mining Jobs: The Obama Administration’s Regulatory Assault on the Economy." West Virginia Coal Association Senior Vice President Chris Hamilton, Alaska Department of Natural Resources Deputy Commissioner Edmond Fogels among witnesses.
The head of a key coal trade group sought to persuade the Obama administration to slowly phase in carbon capture requirements for new coal-fired power plants, and plans to continue making that argument.
"We put forward standards. I don't believe that you should just be against things, I think you need to have solutions," Robert "Mike" Duncan, president on the American Coalition for Clean Coal Electricity, told the Platts Energy Week television show on Sunday.
One of big question marks under President Barack Obama's climate plan is the amount of carbon that must be cut from power plants to reach his goal of reducing emissions 17 percent by 2020.
Environmental Protection Agency Administrator Gina McCarthy has contended that actual emissions reductions will be worked out with the states in advance of a proposal by next June. But one clue to the magnitude of the challenge was included in the Climate Action Report issued by the State Department on Thursday.
The report said Obama's target could be reached through overall annual energy sector carbon cuts from 8 percent to 12 percent by 2020, on top of reductions already expected from current regulations.
Environmental Protection Agency Administrator Gina McCarthy will make the case often in the coming months that proposed new power plant carbon regulations don't represent a war on coal, because no new coal plants were going to be built anyway.
Her critics accuse her of ignoring the cost of complying with EPA's mercury rule that will make old coal plants too expensive to upgrade. But what gives McCarthy confidence is the natural gas boom that President Barack Obama has embraced _ and must continue to encourage _ if he is to achieve his greenhouse gas reduction goals.
China's once-massive demand for coal appears to be waning as the nation looks to cut pollution and switch power sources, forcing some mining firms worldwide to look into more marketable commodities, The Wall Street Journal reports.
Sen. Joe Manchin of West Virginia on Wednesday became the first Democrat to announce his opposition to President Barack Obama's nominee to lead the Federal Energy Regulatory Commission.
Manchin, an advocate for coal-fired power, said the day before that he was troubled by the testimony of former Colorado utility regulator Ron Binz during his Senate Energy and Natural Resources confirmation hearing. In a statement declaring he would vote against his confirmation, Manchin said he has "grave concerns" about how Binz would chair FERC, a move that adds new uncertainty to the nominee's confirmation chances.
The ranking Republican on the Senate Energy and Natural Resources Committee on Tuesday said she cannot yet support President Barack Obama's nominee to head the Federal Energy Regulatory Commission, putting a question mark over his potential confirmation.
Sen. Lisa Murkowski of Alaska said at the confirmation hearing for former Colorado electricity regulator Ron Binz that she was concerned about his past statements on the role of regulators and about how he would lead FERC. "At this point I am not convinced that your views are compatible with FERC's mission," she said.
Climate change and the future of coal have become priority issues in the Virginia gubernatorial race between Republican Ken Cuccinelli and Democrat Terry McAuliffe, with outside groups making heavy ad investments on both issues, ABC News reports.
President Barack Obama's regulatory and climate agendas take center stage in Washington this week with hearings on Capitol Hill and the planned release of his revised proposal to limit carbon emissions from new coal-fired power plants.
First up will be a hearing scheduled Tuesday in the Senate Energy and Natural Resources Committee on three nominees, including his pick to chair the Federal Energy Regulatory Commission. The Environmental Protection Agency is set to follow, no later than Friday, with the release of the power plants proposal.
Oil gained early Monday after comments from OPEC Secretary General Abdullah al-Badri that prices could climb to $200 a barrel, but resumed its slide after he said there was an excess supply to the tune of 1.5 million barrels per day. West Texas Intermediate crude for March delivery dropped 44 cents to settle at $45.15 a barrel on the Nymex, while in London Brent lost 1.3 percent, falling 63 cents to $48.16, Bloomberg reports.
In a move that marks another hefty restructuring of master limited partnerships, Energy Transfer Partners says it’s acquiring Regency Energy Partners, a sister firm operating under parent Energy Transfer Equity LP, for more than $11 billion, FuelFix reports.
The Oklahoma Supreme Court will decide how lawsuits related to earthquakes should be handled, agreeing to take on an appeal from Sandra Lada, who says she was injured in 2011 in a quake she blames on two oil companies operating disposal wells, the Tulsa World reports.
Following a move by two utilities to drop their contracts to buy power from Cape Wind, grid operator ISO New England last week suspended the project’s participation in New England’s wholesale electricity markets, and the company has stopped paying to lease land in Rhode Island that would have been a staging area to build the $2.5 billion offshore wind farm, The Boston Globe reports.
The Environmental Protection Agency’s list of 5,500 entrants in the National Building Competition last year -– battling each other to see who can save the most energy –- is a far cry from the 14 who took part when EPA started the contest in 2010, E&E reports.