Category: News

December 15 2016

As Trump Vows to Boost Drilling, Fracking Foes Turn to Court

Janet McIntyre has heard President-elect Donald Trump praise fracking and the jobs it’s created. She’s living the other side of the story. For six years, the western Pennsylvania woman and dozens of her neighbors have blamed their tainted groundwater — turned foamy, foul-smelling and undrinkable — on a drilling technique that slams sand, water and […]

December 15 2016

Carney Panel Urges CEO Compensation Link With Climate Risk

Energy companies should consider telling investors how executive compensation is linked to climate change risks, according to a panel advising the Group of 20 nations. Remuneration policies should consider how tighter pollution laws, extreme weather events and efforts to reign in fossil fuels could impact creditors and shareholders, according to the Task Force on Climate-Related […]

December 15 2016

Climate Skeptic Perry Seen as Unlikely Ally to Clean Energy

Rick Perry, Donald Trump’s pick to lead the U.S. Energy Department, has deep oil industry ties and longstanding doubts about global warming. Yet clean-energy advocates see a potential ally. The former Texas governor, who in a 2010 book accused scientists of manipulating climate change data, oversaw a boom that made the oil-rich state the biggest producer of […]

December 15 2016

Cherry Blossoms Flower in Tokyo Winter Aided by Used Cooking Oil

Organizers of an elaborate mid-winter light display running until January along the Meguro River in downtown Tokyo, a popular destination for the viewing of cherry blossoms in spring, are going off-grid as a way to limit harm to the environment. Biodiesel fuel from used cooking oil collected from residents and restaurants in parts of the […]

August 22 2016

Obama Rule Could Take Wind Out of Renewable Power on Public Land

It was supposed to be the largest wind farm in North America, with 1,000 turbines spinning above 320,000 acres of southern Wyoming. But after investing more than $50 million and nearly a decade seeking approval to build a wind farm on public lands, the Power Company of Wyoming’s landmark project is still tied up in […]

July 6 2016

Stinky Buses Headed for the Junkyard With VW Diesel Settlement

Volkswagen AG’s diesel emission scandal may be one of the best things to happen to American air quality. The German carmaker’s recent legal settlement with states, territories and tribes for cheating on pollution tests requires VW to pay $2.7 billion into an “environmental remediation fund” aimed at cleaning up the damage its cars have done. […]

June 27 2016

U.S., Mexico, Canada Pledge 50 Percent Clean Power by 2025

The U.S. and Mexico will commit to joining Canada in boosting their use of wind, solar and other carbon-free sources of electricity, helping North America meet an ambitious goal of generating at least 50 percent of its energy from “clean” sources by 2025. The pledge is set to be made as part of a trilateral […]

June 13 2016

Coal Firm to Pay Obama Mentor $435,000 to Fight Climate Plan

Peabody Energy Corp. is set to pay President Barack Obama’s Harvard Law School mentor $435,000 this year to help the bankrupt coal producer challenge the administration’s signature environmental law. The payments to Laurence Tribe, a constitutional law expert and legal icon — spanning May to December this year — were disclosed in a legal filing […]

June 13 2016

The Bloomberg Advantage: Henbest on New Energy Outlook 2016

(Bloomberg) — The Bloomberg Advantage with Carol Massar and Cory Johnson. GUEST: Seb Henbest Head Bloomberg New Energy Finance EMEA Discussing findings of the New Energy Outlook 2016. The report sees coal and gas staying cheap, but renewables still win the race on costs. Running time 06:30

June 13 2016

Coal to Replace Gas as Japan’s Leading Power Source From 2019

Coal is set to overtake gas within the next three years as the largest generator of power in Japan as power utilities replace aging nuclear capacity with the fossil fuel, Bloomberg New Energy Finance said. Nuclear power, which accounted for about 29 percent of Japan’s total power output before the 2011 Fukushima disaster, will peak […]