10 Dec 2012

GOP lawmakers warn A123 sale will hurt national security

Republican lawmakers warned Monday the sale of a clean-energy firm to a Chinese company could hurt national security. Wanxiang America is purchasing A123 Systems’s automotive, energy storage and commercial and government operations in a $256.6 million deal. While Wanxiang...
Read More
10 Dec 2012

Sweeping intel report sounds alarm on climate threats

A new U.S. intelligence community report finds that climate change will fuel new conflicts and competition for resources in coming decades. The federal National Intelligence Council’s “Global Trends 2030” report issued Monday follows Defense Department analyses that have...
Read More
10 Dec 2012

News bites: Chinese company to buy Obama-backed A123 Systems, climate talks wrap ‘near despair’

The U.S. arm of China’s Wanxiang Group will purchase most assets of A123 Systems, the stimulus-backed maker of electric car batteries that went bankrupt earlier this year. The Associated Press reports on the bankruptcy auction here; The Washington Post has more here. The deal...
Read More
10 Dec 2012

The week ahead: Wind credit, EPA soot rules come down to the wire

Much of the energy action in Congress these days centers on lobbying efforts to extend the soon-to-lapse wind energy production tax credit. The wind industry says the incentive is vital to funding for new projects, and is pushing hard for renewal before it expires on Dec. 31....
Read More
10 Dec 2012

House Energy Chairman Upton: Exxon’s support for carbon tax isn’t ‘very serious’

House Energy and Commerce Committee Chairman Fred Upton (R-Mich.) suggested Monday that Exxon Mobil Corp. isn’t pushing lawmakers especially hard for a carbon tax despite the company’s public embrace of the idea. “I don’t think it is a very serious effort on their part,” Upton...
Read More
09 Dec 2012

Shell’s US chief sees Obama approving ‘phased’ natural-gas exports

Marvin Odum, the head of Royal Dutch Shell’s U.S. arm, predicts the federal government will provide a green light for expanded exports of natural gas. Odum, the president of Shell Oil Co., said he envisions “phased” approvals. “The expectation I would try and lead people to is,...
Read More
08 Dec 2012

Sen. Murkowski beefs up energy committee staff

Sen. Lisa Murkowski (R-Alaska), the top Republican on the Energy and Natural Resources Committee, is adding old and new faces to the panel’s GOP staff as she gears up for the new Congress. Brian Hughes is returning to the committee after leaving in June to work as a speechwriter...
Read More
07 Dec 2012

Leader of Dem governors promises ‘laser’ focus on climate

The new chairman of the Democratic Governors Association (DGA), Vermont Gov. Peter Shumlin (D), said the group will focus heavily on climate change during his tenure. “There isn’t a Democratic governor who doesn’t understand climate change is the challenge we must focus on like a...
Read More
07 Dec 2012

Leader of Dem governors promises ‘laser’ focus on climate

The new chairman of the Democratic Governors Association (DGA), Vermont Gov. Peter Shumlin (D), said the group will focus heavily on climate change during his tenure. “There isn’t a Democratic governor who doesn’t understand climate change is the challenge we must focus on like a...
Read More
07 Dec 2012

News bites: UN fund might use climate donations to encourage carbon price

The United Nations’ Green Climate Fund might use the $100 billion it donates annually to developing nations as leverage to get those countries to put a price on carbon, according to Bloomberg. A drop in German demand is pushing weekly oil prices downward for the first time in...
Read More