A record amount of US corn-based ethanol is being exported, despite the PR campaign touting ethanol as a domestic alternative to importing foreign oil. The reason: a Congress-passed tax credit for blending ethanol with gasoline. The credit -- a giveaway adding at least $6 billion to the federal deficit -- is scheduled to expire this year.
"General Electric Co plans to buy 25,000 electric vehicles from makers including General Motors Co over the next five years, in a move it said could spark demand for the charging equipment it sells."
"As Republicans jockey over next year's open gavel at the House Energy and Commerce Committee, Michigander Fred Upton holds the upper hand of seniority, while Texan Joe Barton fights for a waiver of term limits to retain the top GOP slot. But dark-horse candidate John Shimkus of Illinois can claim an asset of his own: a lead in the campaign donation chase."
"The White House rewrote crucial sections of an Interior Department report to suggest an independent group of scientists and engineers supported a six-month ban on offshore oil drilling, the Interior inspector general says in a new report."
"The Environmental Protection Agency Wednesday unveiled what new large industrial plants will have to do to minimize their greenhouse gas emissions starting in January."
"The Environmental Protection Agency said on Tuesday it has issued a subpoena to Halliburton for not revealing information about liquids used in a natural gas drilling technique called 'fracking.'"
"Arizona Public Service Co. plans to partially close one of the nation's dirtiest coal-fired power generators, the Four Corners Power Plant in New Mexico, company officials said Monday."
"Abolishing fossil fuel subsidies would boost the world's economy, environment and energy security, the International Energy Agency said on Tuesday, referring to a pledge made by G20 countries."
Critics of a presidential commission's preliminary findings that largely supported BP's internal probe of the Gulf oil spill questioned Monday how anyone could suggest money wasn't put ahead of safety in the days before the disaster.
Former cleanup workers say much oil still remains in the 40-mile stretch of Michigan's Kalamazoo that was contaminated by a late July spill from a pipeline owned by Enbridge Energy Partners.
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