13 Mar 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,...
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13 Mar 2012

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...
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13 Mar 2012

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...
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13 Mar 2012

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....
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13 Mar 2012

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...
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13 Mar 2012

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....
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13 Mar 2012

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...
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13 Mar 2012

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...
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13 Mar 2012

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...
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13 Mar 2012

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...
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