Current:Home > InvestToday’s Climate: August 25, 2010 -Blueprint Money Mastery
Today’s Climate: August 25, 2010
View
Date:2025-04-12 21:18:59
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! (86)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Former longtime South Carolina congressman John Spratt dies at 82
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Travis Hunter, the 2
- Average rate on 30
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Stamford Road collision sends motorcyclist flying; driver arrested
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Arkansas State Police probe death of woman found after officer
Recommendation
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Nevada attorney general revives 2020 fake electors case
Current, future North Carolina governor’s challenge of power
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Federal hiring is about to get the Trump treatment
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills