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 →
EPA Carbon Rule
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We will never sell or share your information without your consent. See our privacy policy.The ensuing Republican majority in both Houses of Congress following the 2014 Mid-Term election leaves President Obama in a precarious position regarding healthcare reform, foreign policy and economic recovery. But it is U.S. energy policy that could have the most tangible long-term effect on American society. Since securing re-election in 2012, Obama has taken significant… Keep reading →
Republicans are vowing to try to derail the Obama administration’s proposed rules for reducing carbon emissions for existing power plants, but on the last day for public comment on the Environmental Protection Agency plan, the organizations that support it weren’t giving any ground – in fact, they offered analysis and argument pressing the EPA to… Keep reading →
The leading U.S. wind energy industry group has to be creative when it comes to ringing alarm bells for a renewal of the Production Tax Credit. After all, it’s something they do every couple of years. Now, with the PTC already a year out of date and a presumably less renewables-friendly Congress waiting in the… Keep reading →
Energy News Roundup: 15 Governors Against EPA Carbon Rule, Pemex Spends $5.5B on Upgrades & US Oil Product Exports Up
By Jared AndersonFifteen governors penned a letter sent to the White House yesterday claiming the EPA’s proposed rule to regulate emissions from existing power plants is illegal. Several of these governors also climate change deniers. “Five of the states represented by those governors — Alabama, Indiana, Oklahoma, South Carolina, and Wyoming — are also part of a lawsuit filed… Keep reading →
Energy News Roundup: Global Shale Output Faces Water Stress, EPA Rule Could Boost Cap & Trade and US Power Prices Rise
By Jared AndersonA new study finds much of the world’s potentially recoverable shale resources are located in regions with limited water resources needed for advanced well completion technology like hydraulic fracturing. “Water risk is one of the most important, but underappreciated challenges when it comes to shale gas development. With 386 million people living on land above… Keep reading →
Predicting Outcomes in Legal Challenges to EPA’s Power Plant Carbon Rules: Clean Energy Company & Investor Implications
By Jim WrathallTwo months after EPA announced its proposal to limit carbon emissions from power plants, outlines of the coming legal battles are emerging. EPA’s rule would require states to limit power plant carbon emissions through a variety of system-wide “building block” measures, including plant improvements; increased deployment of natural gas, renewable and zero-carbon energy sources; and… Keep reading →
In a story as much about political campaign finance as about oyster farming in Washington State, climate change, ocean acidification and business competiveness are major themes. “It used to be the canary in the coal mine,” Mr. [Gov. Jay] Inslee said in a recent interview. “Now it’s the oyster in the half shell. You can’t… Keep reading →
Not on My Balance Sheet: Climate Change, Fossil Fuels and Stranded Assets
By Kate Rosow ChrismanThis week is shaping up to be rough for the US coal industry. The EPA is holding hearings on plans to dramatically cut carbon-dioxide emissions released from US power plants and the Obama administration just published a report on the economic consequences of waiting to act on climate change. It’s enough to make one wonder… Keep reading →
Energy News Roundup: Putin to Cut European Gas? France’s $13.4 bn Clean Energy Plan & EPA Carbon Rule Challenge
By Jared AndersonMorgan Stanley analysts floated the idea that Russia’s President Putin could order state-controlled natural gas export monopoly Gazprom to cut supplies to European firms in retaliation for western-imposed economic sanctions. It appears the incremental damage such a move would cause to Russia’s economy makes using the “gas weapon” unlikely, but the Putin regime is not… Keep reading →