March 11, 2011

BP Expands in Brazilian Biofuels with $680 Million Buy

BP has agreed to buy a Brazilian sugar and ethanol group for $680 million, expanding its presence in the country's biofuels industry.

Norway Blocks Oil Drilling in Fish-Spawning Area

Norway on Friday rejected oil drilling in ecologically sensitive waters just above the Arctic circle, partly because of worries over a disaster like the Gulf of Mexico oil spill.

Lawmakers Declare New Jersey a No-Fracking Zone

New Jersey lawmakers approved a bill to ban the practice of drilling for natural gas by fracking. For practical purposes, the bill will have little impact since no drilling is occurring in New Jersey.

Julia Gillard Puts Carbon Tax on U.S. Agenda

Julia Gillard has assured corporate America that companies with investments in Australia will be compensated to ensure they are not damaged by her plan to put a price on carbon.

Japan Nuclear Site Declares State of Emergency after Quake

Japan declared a state of emergency Friday at a nuclear power plant after its cooling system failed following a massive earthquake. There was no radiation leak.

Bill to Stop EPA on Climate Passes House Panel

A bill to stop the U.S. EPA's greenhouse gas rules passed a first step in the Republican-led House of Representatives on Thursday.

House Dems Float Bill to Tap U.S. Oil Reserves

A group of House Democrats introduced legislation Thursday to tap the country's oil reserves in response to rising prices. 

Gas Prices Change Energy Politics

Democratic leaders insist that voters won't punish their party for high gas prices — but the pain at the pump could make it even harder for them to pass the president's energy agenda.

Stalled U.S. Energy Projects Hurting Job Growth

If 351 stalled U.S. energy projects were given the green light, they would create 1.9 million jobs and increase the nation's GDP by $1.1 trillion, according to a U.S. Chamber of Commerce study.

Statoil to Proceed on Oil Sands, Despite Critics

Environmental pressure at home is not dissuading Norway's Statoil ASA from moving forward with oil sands investments, the head of the company's Canadian operations said.

U.S. Navy Ill-Prepared for New Arctic Frontier: Study

Climate change is rapidly transforming the Arctic and the U.S. Navy is falling behind as international powers jockey for power over vast oil resources, suggested a study released on Thursday.

 

Danish Activists Protest for EU Emission Cuts Push

Ten Greenpeace activists broke into the Confederation of Danish Industry's Copenhagen offices on Thursday, accusing the trade body of lobbying against a EU plan to slash CO2 emissions.

 

Belo Monte Dam Construction Work Begins

With most Brazilian eyes firmly fixed on the country's annual carnival, construction work officially started this week on the controversial Belo Monte hydroelectric dam in the Amazon.

Science To Take Up Food Security Where Politics Disappoints

Scientists from across six continents hope to succeed where politicians have failed by creating an international consensus on how to feed the world in the face of climate change.

Ethanol Plant Is Switching to Butanol

Gevo will convert an ethanol plant to make a different chemical, isobutanol, one of a number of new pathways to butanol, a chemical that can be used for fuel for many other purposes.

UK Carbon Dioxide-Tax Plan May Fail to Attract Investors, Adviser Says

Climate Change Capital, a London- based investment manager and adviser, said the U.K.'s planned carbon-dioxide tax may fail to attract investors.

Pennsylvania Tries to Track Fracking Wastewater

The natural gas industry's claim that it is making great strides in reducing how much polluted wastewater it discharges to Pennsylvania rivers is proving difficult to assess.

Environmental and Health Groups Call for Fracking Ban in Ohio

A coalition of environmental, health and community groups delivered letters to state legislators this week seeking support for a moratorium to slow or block drilling in the Marcellus and Utica shale formations under eastern Ohio.

March 10, 2011

Ice Loss Accelerates in Greenland, Antarctica, NASA Study Finds

Greenland and Antarctica's ice sheets are shrinking more quickly, suggesting UN projections for sea-level rise are too conservative, a NASA study said.

House Dem Crafting Compromise Bill to Delay EPA Climate Rules

Rep. Gene Green (D-Texas) said Wednesday he is working on compromise legislation to delay EPA climate regulations until technology to capture carbon emissions can be developed.

Algeria Eyes Huge Domestic Shale Gas Reserves

Oil and gas producer Algeria is sitting on huge reserves of shale gas that the country now intends to develop with the help of international partners, the OPEC member's energy minister said.

Evergreen Solar Posts Big Loss After Plant Closure

U.S. solar panel maker Evergreen Solar Inc recorded a $411 million net loss for the fourth quarter after taking charges and write-downs for closing its Devens, Massachusetts manufacturing plant.

U.S. Solar Grew Sharply in 2010, Still Lags Europe

The U.S. solar power sector grew 67 percent in 2010 but still lagged European markets by a wide margin in installing solar systems, the industry's trade group said on Thursday.

Natural Causes Drove Russian Heat Wave, Study Finds

The deadly heat wave that seared Russia last summer was driven primarily by a natural weather phenomenon, not man-made causes, government researchers said in a study Wednesday.

Clean Energy Firms Eye Hong Kong IPOs: Report

Two Chinese clean energy firms are planning share sales in Hong Kong to raise a total of $1.1 billion as the country ramps up its use of renewable energy, a report has said.

 

Nuclear Power Industry Sues U.S. Over Fee for Waste

The U.S. nuclear industry this week sued the Energy Department to suspend a fee imposed by the federal government for managing the radioactive spent fuel produced by America's nuclear power plants.

Geothermal to Double by 2020, Report Says

The world will see a significant increase in the use of geothermal as an energy source between now and 2020. That's according to a report released this week by Pike Research.



Texas Family Says Drilling Forced Them to Leave Their Home

A Texas family sued companies involved in natural gas drilling Tuesday, alleging that operations related to more than 50 wells around their home caused various ailments and forced them to move out.

Heat Damages Colombia Coffee, Raising Prices

Rising temperatures have contributed to a shortage of high-end Arabica coffee beans, as customers blink at escalating prices.

Small Islands at Risk of Disappearing 'Due to Mining'

A community leader on Obi Island in North Maluku says the government should pay more attention to the environmental damage exacerbated by mining on small islands, or else the islands might disappear.

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