In 2005, the USS America aircraft carrier was towed out to sea on her final voyage. Hundreds of miles (kilometers) off the Atlantic coast, U.S. Navy personnel blasted the 40-year-old warship with missiles and bombs until it sank.
The massive Kitty-Hawk class carrier — more than three football fields long — came to rest in the briny depths about 300 nautical miles (550 kilometers) southeast of Norfolk, Virginia.
Target practice is now how the Navy gets rid of most of its old ships, an Associated Press review of Navy records for the past dozen years has found. And they wind up at the bottom of the ocean, bringing with them amounts of toxic waste that are only estimated.
If there’s one accomplishment President Obama can take credit for during his first term in office, it’s expanding the size and reach of the federal government. While this may be good for government bureaucrats, the policies and regulations imposed by the Obama Administration are hurting American businesses and impeding economic recovery. Instead of focusing on creating new jobs, the administration has instead allowed the federal government to insert itself in places it’s never been and doesn’t belong.
One prime example of this, which has largely flown under the radar, is the President’s new plan to zone and regulate our oceans. Done unilaterally through Executive Order, the President’s National Ocean Policy will change how all federal agencies regulate activities impacting the ocean and Great Lake ecosystems. Without clear statutory authority, it sets up a new level of top-down federal bureaucracy with authority over the way inland, ocean and coastal activities are managed.
This has the potential to inflict damage across a spectrum of sectors including agriculture, fishing, construction, manufacturing, mining, oil and natural gas, renewable energy, and marine commerce, among others. These industries currently support tens of millions of jobs and contribute trillions of dollars to the U.S. economy.
U.S crude prices racked up their first weekly gain since September, as news that China cut interest rates to boost its economy raised expectations of increased oil demand in the future. West Texas Intermediate crude for January delivery was up 66 cents to finish Friday’s Nymex session at $76.51 a barrel, while in London Brent jumped $1.03 to settle at $80.36, Bloomberg reports.
Royal Dutch Shell, Hess Corp., Exxon Mobil Corp. and Chevron Corp. are among major oil companies with new drilling projects in the Gulf of Mexico, a number in deep water, although a continued decline in oil prices could slow development, The Wall Street Journal reports.
Phillips 66 Partners and Paradigm Energy Partners will join forces to construct the 76-mile Sacagawea Pipeline and a 710-acre rail terminal aimed at transporting Bakken crude from North Dakota more effectively, FuelFix reports.
Customers will see substantially higher energy prices as a result of the Environmental Protection Agency’s rule to curb carbon emissions from existing power plants, according to a study commissioned by coal company Peabody Energy and conducted by Energy Ventures Analysis, which offers a state-by-state breakdown of costs, the San Antonio Business Journal reports.
Rep. Raul Grijalva, D-Ariz., is expected to carry the flag for environmental issues -- fighting climate change, in particular -- as he becomes his party’s ranking member on the House Natural Resources Committee in the next Congress, E&E reports.
No matter the winners in significant battleground states in the 2014 elections, voters there support the fight against climate change, the Sierra Club said, citing statistics from a poll conducted by Hart Research Associates, The Hill reports.
Most Americans believe poorer, less developed parts of the world will bear the brunt of climate change, rather than the U.S., according to a survey conducted by the Public Religion Research Institute and the American Academy of Religion, E&E reports.
The world spent less money -- $331 billion -- on fighting climate change in 2013, the second year in a row the figure dropped, according to a study from the Climate Policy Initiative, which attributed the fall in part to the lower cost of solar energy, Reuters reports.
Only 3.87 billion cubic meters of natural gas heading to Europe from Russia moved through pipelines in Ukraine in October, a little over half of the amount transiting in the year-ago period, Platts reports.