Economy & Business

Grants Criticized By GOP Helped Create 75K Jobs a Year -- Obama Admin

"The Treasury Department's $9 billion renewable energy grant program supported as many as 75,000 jobs each year it was available, according to a new report from the Department of Energy that counters Republican criticism of the grant-in-lieu-of-tax-credit effort."

Source: Greenwire, 04/10/2012

"Is Nuclear Power Industry Poised To Repeat 'Managerial Disaster'?"

"'The failure of the U.S. nuclear power program ranks as the largest managerial disaster in business history, a disaster on a monumental scale.' The rant of an antinuclear activist? Hardly. It was the first sentence of an in-depth story in a conservative business magazine, Forbes.  In 1985."

Source: Tampa Bay Times, 04/09/2012

Are Data Behind Companies' Greenhouse Gas Emissions Trade Secrets?

EPA's upcoming rulings on confidentiality for data going into the companies' GHG calculations will be important. Those determinations may impact whether companies' reporting is accurate — and whether they can ever be held accountable for their emissions.

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"FACT CHECK: More Us Drilling Didn't Drop Gas Price"

"WASHINGTON - It's the political cure-all for high gas prices: Drill here, drill now. But more U.S. drilling has not changed how deeply the gas pump drills into your wallet, math and history show.

A statistical analysis of 36 years of monthly, inflation-adjusted gasoline prices and U.S. domestic oil production by The Associated Press shows no statistical correlation between how much oil comes out of U.S. wells and the price at the pump."

Source: AP, 03/22/2012

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