Energy & Fuel

"E.P.A. Announces Repeal of Major Obama-Era Carbon Emissions Rule"

"The Trump administration announced on Monday that it would take formal steps to repeal President Barack Obama’s signature policy to curb greenhouse gas emissions from power plants, setting up a bitter fight over the future of America’s efforts to tackle global warming."

Source: NY Times, 10/10/2017

"Senators Object To Lower 2018 U.S. Renewable Fuel Requirements"

"A group of 38 U.S. senators asked the U.S. Environmental Protection Agency on Thursday to abandon plans to lower biofuel requirements for oil refiners in 2018, according to a letter made public by the office of Democratic Senator Amy Klobuchar of Minnesota."

Source: Reuters, 10/09/2017

"Will Anyone Buy This Huge Coal Plant? Trump Hopes So"

"Peabody Energy said today it has found a number of potential buyers interested in operating the Navajo Generating Station, keeping alive hopes that the massive Arizona coal plant will continue running beyond its planned 2019 closing date. The St. Louis-based mining firm did not disclose the list of buyers or the number of parties interested in operating NGS, as the facility is often called."

Source: ClimateWire, 10/05/2017

High Subsidies Ensure Profit for Nearly Half New U.S. Oil Investments

"Government subsidies to American energy companies are generous enough to ensure that almost half of new investments in untapped domestic oil projects would be profitable, creating incentives to keep pumping fossil fuels despite climate concerns, according to a new study."

Source: InsideClimate News, 10/04/2017

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