"BP has taken the axe to its solar power business, saying it 'can't make any money' from selling panels at a time when it continues to spend $20bn annually on oil and gas developments."
Shortly before EPA's deadline to finalize its new rules on toxic emissions from US power plants, the tri-national Commission for Environmental Cooperation released its report on emissions from 3,144 power plants in Canada, the US, and Mexico.
A conservative GOP freshman congressman from Ohio, Bill Johnson, has been attacking federal surface-mining regulation for costing jobs. It advances him politically. The only problem is that it does not seem to be true.
US energy independence -- for decades a seemingly unreachable strategic goal -- seems now tantalizingly almost within reach as hydrofracking and high oil prices bring into play oil and gas deposits once economically unfeasible. But the US will continue to import hydrocarbons from Canada and Mexico, and price corrections (much less depleting reserves) could snatch the boom from industry's hand. More to the point: should a nation whose political rhetoric uses "energy independence" to justify gifts to industry be preparing to export petroleum products and natural gas?
"In a sign that the Obama administration is willing to clear the regulatory decks for oil drilling in Alaska's remote Arctic waters, the Interior Department on Friday gave a conditional green light allowing Royal Dutch Shell PLC to explore for oil this summer in Alaska's Chukchi Sea."
Some building codes in Texas are forcing new homes to be more energy-efficient.
"A new discovery from a chemist at the University of Texas at Austin may allow photovoltaic solar cells to double their efficiency, thus providing loads more electrical power from regular sunlight."
"China has further revised up its solar power development target for 2015 by 50 percent from its previous plan, state media reported on Thursday."
"The shutdown-averting budget bill will block federal light bulb efficiency standards, giving a win to House Republicans fighting the so-called ban on incandescent light bulbs."
"The Organization of the Petroleum Exporting Countries agreed on Wednesday to increase its production target for the first time in three years, a move that appeared to signal that Saudi Arabia and Iran had put aside their recent differences on oil policy, at least temporarily.
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