Wind credit extension approved in ‘fiscal cliff’ deal

A one-year extension to a wind power credit made it into the final “fiscal cliff” bargain Tuesday, much to the delight of green groups and the wind industry.

The 2.2-cent per kilowatt-hour credit for wind power production had already expired Tuesday. Green and industry groups had pushed hard for its extension, saying letting the credit end […]

By |January 2nd, 2013|Featured|0 Comments

News bites: Shell offshore drilling rig grounded in Alaska

A heavy storm in the Gulf of Alaska grounded Royal Dutch Shell’s Kulluk drilling rig, giving opponents of offshore drilling more ammunition to fire attacks against the practice, the Houston Chronicle reports.

From the Chronicle:

The episode also cast doubt on whether Shell Oil Co. will be able to resume its hunt for Arctic oil this year.

The […]

By |January 2nd, 2013|Featured|0 Comments

Emerging Senate fiscal-cliff plan throws lifeline to wind projects

The emerging Senate plan to prevent tax hikes for most people provides an extension of wind energy tax credits that the industry calls vital to financing new projects, according to a GOP aide familiar with the talks.

Wind energy advocates have lobbied hard to prevent the production tax credit from expiring Dec. 31. The number of […]

By |January 1st, 2013|Featured|0 Comments

Rep. Markey joins lawsuit in defense of SEC oil payments rule

Rep. Ed Markey (D-Mass.) is entering the legal fray over new Securities and Exchange Commission rules that will force petroleum and mining companies to publicly disclose payments to foreign governments.

Markey told a federal appeals court Monday that he plans to file an amicus brief to defend SEC rules, finalized in August, that oil industry and […]

By |December 31st, 2012|Featured|0 Comments

Gas prices hit record high in 2012

Annual gas prices hit a record high in 2012, the AAA motor club said Monday.

On average, the national gas price for the year was $3.60 per gallon, eclipsing last year’s record of $3.51 per gallon. AAA attributed the increase to weather events and global turmoil.

“Record high gas prices have made this the most expensive year yet […]

By |December 31st, 2012|Featured|0 Comments

Observers ponder impact of Markey’s Senate bid on Energy and Commerce

Rep. Ed Markey’s (D-Mass.) run for Sen. John Kerry’s (D-Mass.) seat may leave the House Energy and Commerce Committee without one of its longest-serving members and fiercest advocates for online privacy rights.

Markey announced this week that he plans to run in the special election for Kerry’s Senate seat, which would be open if Kerry is […]

By |December 31st, 2012|Featured|0 Comments

News bites: Railroads propel US oil boom, the latest on Chesapeake Energy, and more

The Associated Press looks at how oil is getting from booming wells in North Dakota and Montana to refineries.

“Energy companies behind the oil boom on the Northern Plains are increasingly turning to an industrial-age workhorse — the locomotive — to move their crude to refineries across the U.S., as plans for new pipelines stall and […]

By |December 31st, 2012|Featured|0 Comments

EPA nominee would face uncertain path

Senate Republicans are in no mood to allow easy confirmation of any replacement for Environmental Protection Agency (EPA) Administrator Lisa Jackson, who announced Thursday that she’ll leave the agency’s top job early in 2013.

Several said they want evidence a new administrator would change the direction of EPA, an agency that critics accuse of imposing overly aggressive […]

By |December 30th, 2012|Featured|0 Comments

Wind credit proponents prepare for ‘fiscal-cliff’ agreement without extension

An energy security group told The Hill on Friday that it does not expect the one-year wind credit extension it has supported to make it into a “fiscal cliff” deal.

The Truman National Security Project’s Operation Free campaign is preparing to fight for a retroactive extension to the credit next Congress.

Michael Wu, the group’s advocacy policy […]

By |December 29th, 2012|Featured|0 Comments

Democrats line up behind Markey in bid for Senate in Mass.

Rep. Edward Markey (D-Mass.) received the support of three big names in Massachusetts and national Democratic politics for his Senate bid on Friday, an early sign that Democrats are aiming to clear the field to provide for an easy nominating process for the dean of the Massachusetts congressional delegation.

Sen. John Kerry (D-Mass.), whose seat will […]

By |December 29th, 2012|Featured|0 Comments