News

Can’t Please Everyone: Trump Energy Policy Riles Competing Sectors

Source: By Richard Valdmanis, Reuters • Posted: Monday, January 8th, 2018

But the impact of these moves on production, profits and jobs remains uncertain. Demand for additional drilling and mining leases on federal lands has been thin, and top U.S. oil and gas companies have told shareholders in regulatory filings that environmental regulations have little impact on their business. While coal advocates have generally cheered Trump’s ascension, White House policies have so far had little effect on U.S. coal consumption.

A Coastal non-starter

Source: By Anthony Adragna, Politico • Posted: Monday, January 8th, 2018

The Trump administration’s proposal Thursday to open virtually every nook and cranny from Alaska and Florida to offshore oil and gas companies didn’t get much love from lawmakers whose formerly off-limits coastlines would face potential new drilling. Florida Tea Party Republicans along with California progressive Democrats bashed the drilling plan unveiled by Interior Secretary Ryan Zinke and vowed to fight it.

Lawyers debate clean power plan rule at Federalist Society

Source: Josh Kurtz, E&E News • Posted: Friday, January 5th, 2018

Two well-known environmental lawyers debated the legal future of the Clean Power Plan yesterday — but wound up sounding more like junior economists by the time the event was through. The conservative Federalist Society gave Thomas Lorenzen, an industry lawyer at Crowell & Moring LLP, and David Doniger, senior strategic director of the Climate & Clean Energy program at the Natural Resources Defense Council, a forum to discuss the CPP, which remains stalled in federal court as the Trump administration seeks to dismantle it.

Air chief says challenging endangerment finding is possible

Source: Robin Bravender, E&E News reporter • Posted: Friday, January 5th, 2018

Top U.S. EPA officials are considering using a formal climate science critique to re-examine the endangerment finding that underpins greenhouse gas rules. EPA Administrator Scott Pruitt wants to “be sure that the scientific basis for the endangerment finding is solid.” One option that officials are considering is using a “red-team, blue-team” approach advocated by Pruitt to debate mainstream climate science.

Warren Buffett proclaims optimism for America’s financial future

Source: By Jonathan Stempel, Reuters • Posted: Friday, January 5th, 2018

Warren Buffett, the billionaire investor renowned for his preternatural optimism for America and its citizens’ well-being, on Thursday encouraged those worried about the economic prospects for themselves and their children to shed their fears. In an essay for the Jan. 15 issue of Time magazine, the chairman of the insurance and investment company Berkshire Hathaway Inc (BRKa.N) tried to allay concerns that innovation and improved productivity might cost jobs and disrupt lives.

Cuomo focuses on climate in big speech; some greens shrug

Source: Benjamin Storrow, E&E News reporter • Posted: Friday, January 5th, 2018

The annual addresses delivered by America’s governors are, by their nature, political wish lists. But even by that standard, New York Gov. Andrew Cuomo’s (D) eighth State of the State address yesterday was a doozy. The Empire State’s chief executive called for divesting state pension funds from fossil fuels, outlined plans to nudge offshore wind online and promised to sue the federal government if Washington releases General Electric Co. from its cleanup obligations along the Hudson River. Cuomo’s speech was accompanied by policy proposals to end coal use in New York, close an emissions loophole on small oil-fired power plants, and establish targets for energy storage and efficiency.

Electric Car Drivers Are Too Smart to Own Electric Cars

Source: By Kyle Stock, Bloomberg • Posted: Friday, January 5th, 2018

Jeffrey Jablansky is the very model of a savvy electric-vehicle early adopter. He opted for a Chevrolet Bolt early last year, choosing a vehicle far ahead of all others by his preferred metric: electric range per dollar. But he never considered buying the car; instead, he pays $220 per month to lease the vehicle. “I just think in three years I’m going to be delighted at what else is available,” said Jablansky, who writes about cars as a freelance journalist. “And we’re going to laugh one day that we used to plug cars in for eight hours at a time.”

GM sells more than 20,000 Chevy Bolts in 2017

Source: By Claudia Assis, Market Watch • Posted: Friday, January 5th, 2018

General Motors Co. sold more than 3,000 Chevy Bolts in the U.S. in December, the best sales month for the mass-market electric car since its launch and a milestone that tipped the Bolt’s 2017 sales to more than 20,000. The Bolt, which starts around $38,000 before tax credits, has also fulfilled GM’s expectations that it would bring new customers to GM’s Chevrolet, likely better-known for its Camaro and Corvette sports cars, and to electric vehicles.

California Bill Seeks Ban on Fossil-Fueled Vehicles by 2040

Source: By Ryan Beene, Bloomberg • Posted: Friday, January 5th, 2018

California would ban the sale of new cars and trucks powered by fossil fuels in 2040 under legislation introduced Wednesday in the state legislature. “We’re at an inflection point: we’ve got to address the harmful emissions that cause climate change,” Democratic Assemblymember Phil Ting, the bill’s author, said in a statement.

America’s Power Grid Still Hangs Tough in Face of Winter Wallop

Source: By Tim Loh, Bloomberg • Posted: Friday, January 5th, 2018

The past week’s arctic freeze has already battered the U.S. power system, threatening fuel supplies from the Midwest to the Northeast. Now, with a one-two punch of heavy snow and bone-rattling cold on the way, grid operators say this: We’re good. “Everything looks to be on track to remain reliable,” Chris Pilong, director of dispatch for PJM Interconnection LLC, which stretches from Illinois to Washington D.C., said on a conference call Wednesday. “Maybe Sunday and into Monday of next week, we should get ourselves back to at least the freezing mark.”