Current:Home > MarketsToday’s Climate: August 25, 2010 -CapitalWay
Today’s Climate: August 25, 2010
Benjamin Ashford View
Date:2025-04-09 20:19:58
Biden Says Country on Track to Double Renewable Energy Capacity (Reuters)
Government stimulus spending has put the country on track to double renewable energy production capacity by 2012 and halve solar power costs by 2015, Vice President Joseph Biden said on Tuesday.
TVA Targets 9 Older Coal-Fired Units for Shutdown by 2015 (Platts)
The Tennessee Valley Authority said Tuesday that it will shut down nine coal-fired units at three of its steam plants by 2015, keeping with its plans to idle 1,000 MW of older coal-fired capacity for environmental and economic reasons.
U.S. Mounts Global Push for Shale Gas (AFP)
The U.S. has offered to help major economies such as China and India develop shale gas, a rapidly growing sector in North America which U.S. officials bill as a clean alternative.
Enbridge Pipeline Expansion Will Double North Dakota Oil Shipping Capacity (AP)
Enbridge Inc. plans to increase its oil shipping capacity from western North Dakota by about 145,000 barrels daily by building several new pipelines and pumping stations in the next three years, company and state officials said.
Drillers May Face Months of Waiting Even After Obama Lifts Deepwater Ban (Bloomberg)
Pres. Obama’s administration may agree to an early end for its moratorium on deepwater oil and gas drilling while backing new regulations that may keep rigs idle for months afterward.
Spill Panel Examines Offshore Drilling Policy (Reuters)
The White House oil spill commission on Wednesday will probe U.S. offshore drilling policies and consider pushing the oil industry to accept a self-governing body to help oversee tough safety standards.
Scientists Find Oil-Eating Bacteria Plentiful in Deep Gulf Waters (New York Times)
Oil-eating bacteria exist in significant quantities even in the deep waters of the Gulf of Mexico, and may be breaking down submerged oil from the spill faster than previously believed, scientists say.
Rig Official Cites "Confusion" Over Well Key Test (Reuters)
There was "confusion" over the results of a key pressure test of the Macondo well hours before the Deepwater Horizon rig exploded in April, a senior rig official told federal investigators on Tuesday.
Gulf Waste Heads to Landfills, Some with Problems (AP)
The cleanup of the Gulf spill is generating thousands of tons of oil-soaked debris that is ending up in local landfills, some of which were already dealing with environmental concerns.
L.A. Officials Launch Campaign to Roll Back State Environmental Rule (Los Angeles Times)
The city of Los Angeles has launched an aggressive lobbying campaign to roll back tough new state regulations meant to limit the environmental damage that power plants inflict on the oceans.
Murkowski in Close Contest for Alaska Senate (AP)
Republican Sen. Lisa Murkowski was locked in a tight race Tuesday to hold on to her seat amid a surprisingly tough challenge from a Sarah Palin-backed conservative.
First Solar ‘Confident’ of Price Accord With China on Biggest Solar Plant (Bloomberg)
First Solar, the U.S. company planning the world’s biggest solar-power plant in China, is "reasonably confident" China’s government will set electricity prices high enough to make the project viable, a spokesman said.
World Bank Defends Controversial HFC Carbon-Cut Plants (Reuters)
The World Bank has defended its investment in chemical plants accused by green groups of raising production of greenhouse gas HFC-23 with the aim of incinerating it to get extra carbon offsets worth millions of dollars.
Cairn Find Fuels Hope of New Frontier (Wall Street Journal)
Cairn Energy said it found natural gas off Greenland’s western coast, bolstering hopes that the area could become one of the world’s last significant untapped hydrocarbon provinces.
$28 Billion Pledged by Rich Nations to Fight Climate Change (Mongabay)
Nearly $28 billion in "fast-start" funding has so far been pledged by industrialized countries to help developing countries mitigate and adapt to climate change, according to a new climate finance tracking tool released by the World Resources Institute.
Britons Buy Record Solar Installations After Subsidy Change, FT Reports (Bloomberg)
A record 2,200 U.K. households have installed solar panels this month, the Financial Times reported, citing the energy regulator Ofgem.
U.N. Carbon Funding Key for China Clean Coal Developers (Reuters)
Developers of clean-coal power plants in China fear for the viability of their projects after a UN carbon-credit scheme denied funding for a similar plant in India at the end of July.
Beijing Plans $3B on Alternative Energy, Trees (People’s Daily)
Beijing plans to invest $3 billion in the next decade to develop alternative energies and to plant trees, with a goal to have 23 percent of the country covered with forests in 10 years, up 3 percent increase from the current level.
veryGood! (3)
Related
- Stamford Road collision sends motorcyclist flying; driver arrested
- NFL schedule today: Everything to know about playoff games on Jan. 13
- Want to watch Dolphins vs. Chiefs NFL playoff game? You'll need Peacock for that. Here's why.
- U.K. archaeologists uncover ancient grave holding teen girl, child and treasures: Striking discovery
- Former Syrian official arrested in California who oversaw prison charged with torture
- Dolphins vs. Chiefs weather: Saturday's AFC playoff may be one of coldest postseason games
- Hall of Fame NFL coach Tony Dungy says Taylor Swift is part of why fans are 'disenchanted'
- Houthis vow to keep attacking ships in Red Sea after U.S., U.K. strikes target their weapons in Yemen
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Inside Sarah Paulson and Holland Taylor's Private Romance
Ranking
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Prada reconnects with the seasons for its 2024-25 fall-winter menswear collection
- As the auto industry pivots to EVs, product tester Consumer Reports learns to adjust
- Germany’s Scholz warns of extremists stoking rage as farmers protest and discontent is high
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Asia Cup holds moment’s silence for Israel-Gaza war victims ahead of Palestinian team’s game
- Tisa Farrow, 1970s actress who became a nurse, dies at 72, sister Mia Farrow says
- Taylor Swift and Travis Kelce Hold Hands as They Exit Chiefs Game After Playoffs Win
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Spoilers! Why 'American Fiction' ends with an 'important' scene of Black representation
A Georgia family was about to lose insurance for teen's cancer battle. Then they got help.
Fire from Lebanon kills 2 Israeli civilians as the Israel-Hamas war rages for 100th day
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Worried about losing in 2024, Iowa’s Republican voters are less interested in talking about abortion
Opinion: Women with obesity are often restricted from IVF. That's discriminatory
Mia Goth sued by 'MaXXXine' background actor for battery, accused of kicking his head: Reports