Obama to Mandate Rules to Raise Fuel Standards (New York Times)
Pres. Obama has decided to use his executive power to order tougher fuel-efficiency standards for cars and trucks, accelerating the fight against climate change without waiting for Congress, administration officials said Thursday.
Pres. Obama is poised to ask Congress to agree to $9 billion more in loan guarantees for the nuclear industry, a Democratic aide said, in a renewed push for atomic power as the oil spill in the Gulf of Mexico highlights the risks of fossil fuel production.
A climate bill unveiled last week in the Senate would create 203,000 new jobs between 2011 and 2020, according to a non-partisan study released on Thursday.
Commerce Secretary Gary Locke pressed Beijing on Friday to give U.S. clean energy companies greater access to its market to help combat climate change.
The UK government will urge the EU to cut emissions by 30% from 1990 levels by 2020, rather than the current 20% target, partly through more support for renewables.
The damaged oil well in the Gulf of Mexico is still leaking even after BP increased the volume of crude it’s catching to 5,000 barrels a day, the same rate at which the company had said the oil was escaping.
TV images of oil sloshing into Louisiana’s marshes has underscored the gravity of the situation and raised public concern about the Gulf Coast catastrophe, keeping it high up on the political agenda in Washington.
Environment and anti-poverty campaigners on Thursday urged the U.S. to ramp up support for poor nations to cope with climate change, saying that current funding proposals fell far short.
Carbon Conscious Ltd., an Australian company that plants gum-trees to absorb greenhouse gas emissions, said demand from customers for forests has stalled after the nation shelved climate change laws.
DOE: U.S. Could Tap More Wind, Solar Power (Calgary Herald)
Large amounts of solar and wind power could be added to the western U.S. power grid without significant spending if utilities make operational changes, the U.S. Department of Energy said Thursday.
German manufacturer Beckmann Volmer said it plans to build a $10 million plant in Osceola, Arkansas, to produce steel components for wind turbines that will employ up to 500 people.
BrightSource Energy, a developer of utility-scale solar thermal power plants that won a $1.37 billion federal loan guarantee this year, has raised $150 million in a fourth-round of equity financing.
Toyota, the world’s largest automaker, is buying a $50 million stake in the Californian electric-car maker Tesla Motors as automakers compete to offer low-polluting models in the United States.
The U.S. Green Building Council gave the Bank of America Tower its highest rating for environmental performance and sustainability on Thursday, meaning New York City’s second-tallest building is also its greenest.