Daily Archives: March 13, 2012

Obama energy chief disavows ’08 remark favoring higher gas prices

Energy Secretary Steven Chu on Tuesday disavowed his 2008 comments about increasing gas prices to European levels, remarks that Republicans have pounced on in recent weeks.

“I no longer share that view,” Chu said during a Senate Energy and Natural Resources Committee hearing, adding that he wants to lower gas prices.

Chu, who just four years ago […]

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Energy chief: We aren’t asking Americans to spend $50 for a light bulb

Energy Secretary Steven Chu defended his department’s investments in energy-efficient light bulbs Tuesday amid growing GOP criticism.

Republicans have pounced on a Washington Post story that notes the Energy Department awarded its $10 million “L Prize” to Philips for an LED light bulb that retails for $50. The GOP has criticized the Energy Department for backing […]

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Green energy group seeks on-the-ground action for electric cars

Moving the electric vehicle market into higher gear will take far more than production of nifty cars and financial incentives to help people overcome the high up-front costs.

The Center for Climate and Energy Solutions (C2ES) and an array of partners hope to boost what’s now a small niche market by lowering regulatory and technical barriers […]

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Senate turns back sweeping oil-drilling amendment

The Senate on Tuesday blocked an amendment to pending transportation legislation that would have mandated a huge expansion of offshore oil-and-gas leasing, opened the Arctic National Wildlife Refuge to drilling and approved construction of the Keystone XL oil sands pipeline.

Sen. Pat Roberts’s (R-Kan.) amendment, which failed 41-57, would have also extended several energy efficiency and […]

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Stabenow’s green energy tax break plan falls short

The Senate on Tuesday rejected plans to extend a host of lapsed or soon-to-expire tax breaks for renewable fuels and power sources.

Lawmakers voted 49-49 for Sen. Debbie Stabenow’s (D-Mich.) amendment to transportation legislation, but 60 votes were needed for approval.

The vote signals political hurdles facing advocates of green energy tax breaks, notably the production tax […]

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News bites: On ‘fracking’ and pollution

Problems with wells used in natural-gas drilling could be to blame for water contamination, not hydraulic fracturing, or “fracking,” itself, The Wall Street Journal reports.

Top union leaders hope to fix a divide over the Keystone XL oil pipeline, The Associated Press reports.

The New York Times reports that $16 billion in Energy Department loans for fuel-efficient […]

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Sen. Burr says amendment expanding tax credit for natural-gas vehicles likely to fail

Sen. Richard Burr (R-N.C.) predicted on Monday afternoon that an amendment to the highway bill creating a new tax incentive for companies to use natural-gas-powered vehicles will probably not pass the Senate this week.

“This is the first chance to come to the Senate floor and have a vote,” Burr said of the amendment. “And you […]

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Obama: ‘Loose talk’ of war is contributing to high gas prices

President Obama said Monday that “loose talk” of war is contributing to the recent spike in gas prices.

“The biggest driver of these high gas prices is speculation about possible war in the Middle East, which is why we have been trying to reduce some of the loose talk about war there,” Obama said during an […]

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OVERNIGHT ENERGY: Senate to weigh in on Energy Department loan program

State of play: The Senate Energy and Natural Resources Committee will hold a hearing on the Energy Department’s loan program Tuesday, an issue that has risen to the top of House Republicans’ agenda but has gotten little play in the upper chamber.

Committee Chairman Jeff Bingaman (D-N.M.) has been reluctant to weigh in on the controversy […]

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Gas prices trigger Obama scramble

The White House scrambled Monday to contain the political damage from rising gas prices, which have emerged as a primary threat to President Obama’s reelection. 

Obama gave White House interviews touting his energy policies to TV stations in several regions, including the battleground states of Florida, Ohio and Pennsylvania, and Interior Secretary Ken Salazar appeared in […]

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