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Governors' Wind Energy Coalition

December 15, 2015

Environmental spending, riders remain contentious

Manuel Quiñones, E&E reporter  •    •  Posted 2015-12-15 06:50:17

Energy and environment spending and policy issues remained sticking points last night in the ongoing negotiations over an omnibus appropriations bill and related efforts to extend a list of tax provisions. But the end is in sight, said lawmakers, and supporters of lifting decades-old restrictions on crude oil exports are expressing optimism about a policy change in their direction. A deal could become public as soon as today. With federal spending authority running out tomorrow, another short-term continuing resolution to keep the government open is likely. [ read more … ]

Bargainers Resolving Last Hurdles to Spending, Tax Deal

By The Associated Press  •    •  Posted 2015-12-15 06:50:56

White House and congressional negotiators are trading final offers over U.S. oil exports and concessions for home-state interests as they move toward wrapping up a tax and spending deal that would cap Congress’ year. House Speaker Paul Ryan told GOP lawmakers he expected compromise legislation to be publicly released today — a measure that would deliver victories for to both sides. But the Wisconsin Republican provided few details. The remarks, which Ryan made in a conference call with fellow GOP legislators Monday, were conveyed by an official who described the private conversation on condition of anonymity. [ read more … ]

Obama team held its ground, shaped deal around its wishes

Jean Chemnick, E&E reporter  •    •  Posted 2015-12-15 06:51:31

The United States got almost everything it wanted in the landmark climate deal struck here this weekend. The historic agreement by 195 countries handed President Obama an international legacy on global warming without crossing any red lines drawn by U.S. negotiators. And it allowed the administration to tell the American public that it had pushed China, India and other major developing nations to shoulder an unprecedented share of the responsibility for cutting emissions. [ read more … ]

Renewable energy stocks spike after Paris climate deal

By Devin Henry, The Hill  •    •  Posted 2015-12-15 06:51:51

Stocks in renewable energy companies rose on Monday, the first day of trading after world leaders agreed to a major climate change agreement. A top solar energy index was up 4.5 percent and a separate clean energy fund rose by 1.4 percent on Monday, Reuters reports. Fossil fuel companies, meanwhile, saw their prices tumble: Coal giant Peabody Energy Corp. fell by 12.6 percent, while Consol Energy Inc. dropped by 3.3 percent. [ read more … ]

Parties stake out positions on how to allocate emissions allowances

Jeffrey Tomich, E&E reporter  •    •  Posted 2015-12-15 06:52:21

For state air regulators, the big question for 2016 is whether to choose rate- or mass-based compliance plans to satisfy U.S. EPA’s Clean Power Plan. For the states that decide simpler mass-based plans to cap power plant CO2 emissions are the way to go, an even thornier issue awaits. It involves how to allocate emissions allowances. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.