NORTH AMERICAN ENERGY MINISTERS MEETING Washington– The North American Energy Ministers met yesterday, in response to the call of the North American Leaders, to advance an energy agenda that expands the continent’s leadership in energy, strengthens North American energy security, supports shared economic prosperity and environmental performance. This meeting builds upon a long, productive and… Keep reading →
In a decision loaded with potential economic and political consequence, the Cuomo administration today ended years of tortured consideration and said New York state would move to ban hydraulic fracturing, the controversial technique that uses pressurized fluids and sand to extract gas and oil from shale rock formations. At an Albany cabinet meeting, Acting Health… Keep reading →
First Wind CEO Paul Gaynor once likened federal tax credits to “heroin” for the wind power industry. And you know what happens when a junkie doesn’t get his fix. With the $1.1 trillion “Cromnibus” passed and sent on to the president, and the House home for the holidays, the Senate was left with “tax extenders” legislation that… Keep reading →
The Russian economy is heavily dependent on oil – prices of which have been falling precipitously – and sanctions imposed by western governments in retaliation for Russia’s aggressive action in Ukraine are putting extreme pressure on the country’s currency. There is concern the Russian government and/or Russian companies lack sufficient currency reserves to pay debt… Keep reading →
Alberta is Canada’s energy powerhouse, home to the country’s oil sands resources, significant natural gas reserves and over 10 active coal mines. As the country seeks to be a global energy power it needs the steward of its abundant resources to be viewed as one of the world’s best, and that responsibility now falls on… Keep reading →
Energy Secretary Moniz Announces Formation of Nuclear Energy Tribal Working Group Partnership to Deepen Relationship Around Critical Nuclear Energy Issues WASHINGTON—Building on President Obama’s commitment to strengthen the government-to-government relationship with Tribal Nations, Energy Secretary Ernest Moniz today announced the formalization of the Nuclear Energy Tribal Working Group (NETWG), providing a forum for Tribal Leaders… Keep reading →
As noted in previous updates, the United States and European Union continue to impose sanctions against Ukrainian and Russian individuals and entities as a result of the turmoil in Ukraine. On 11 December 2014, the US Senate passed the Ukraine Freedom Support Act of 2014 (S. 2828) (hereinafter the “Act”), which would significantly expand the scope of US economic sanctions against Russia if it became law. In addition, the US Treasury Department’s Office of Foreign Assets Control recently released additional guidance regarding the scope of existing US sanctions involving Ukraine and Russia.
Near the end of his appearance on the “Colbert Report” earlier this week, President Obama tells host Stephen Colbert that getting things done is the real satisfaction he takes from his job: “I love the job, and it’s an incredible privilege. But when you’re in it you’re not thinking about it in terms of titles.… Keep reading →