Current:Home > NewsToday’s Climate: June 18, 2010 -Edge Finance Strategies
Today’s Climate: June 18, 2010
View
Date:2025-04-12 13:57:45
BP Chief Says He Wasn’t in Loop, Enraging Congress (AP)
Lawmakers pilloried BP’s boss in a withering day of judgment Thursday for the oil company at the center of the Gulf calamity. Unflinching, BP CEO Tony Hayward said he was out of the loop on decisions and asserted, "I’m not stonewalling."
MMS Blasted for Lax Offshore Drilling Scrutiny (McClatchy Newspapers)
The Minerals Management Service, the beleaguered regulator caught in the crosshairs over its faulty scrutiny of BP’s oil well, has been lax in its inspections of deep-sea drilling, an independent watchdog said Thursday.
Evangelical Leaders Say Spill Raises Moral Issues (AP)
Leaders of a group that encourages evangelical Christians to care for the environment say the oil spill in the Gulf of Mexico raises moral challenges for the country.
U.S. DOE Official: Oil Spill Shows Need For Clean Energy (Dow Jones)
The Gulf spill provided a very clear message "that we need to move ahead with the transition to a clean energy future," said John Elkind, principle deputy assistant secretary for policy and international affairs at the DOE, echoing comments made by Pres. Obama.
Republican Party Rejects Liability Cap Bill Again (Politico)
Democrats attempted Thursday to create unlimited liability for oil companies, and for the fourth time since the Gulf crisis began, Republicans objected.
Expedited Mine Permitting Suspended in Appalachia (AP)
The U.S. Army Corps of Engineers suspended an expedited process for obtaining surface mining permits across much of the nation’s eastern coalfields Thursday.
White House Seeks to Bolster Role in Senate Climate Talks (New York Times)
The White House is trying to assert its influence over the Senate climate debate after Pres. Obama’s nationwide energy address left some questioning how aggressively the president will push for comprehensive climate and energy legislation.
US Senate Leader Noncommittal on Carbon Price Bill (Reuters)
U.S. Senate Majority Leader Harry Reid on Thursday emerged from a meeting with fellow Democrats refusing to embrace energy and environment legislation that would put a price on CO2 pollution as a way of reducing greenhouse gases.
US Decision on Ethanol Blend Put Off Until Fall (AP)
The EPA says it will wait until this fall to decide whether U.S. car engines can handle higher concentrations of ethanol in gasoline. The agency had been expected to decide by this month whether to increase the blend from 10 to 15 percent.
Oceans Choking on CO2, Face Deadly Changes: Study (Reuters)
The world’s oceans are virtually choking on rising greenhouse gases, destroying marine ecosystems and breaking down the food chain — irreversible changes that have not occurred for several million years, a new study says.
Security Tops the Environment in China’s Energy Plan (New York Times)
The discussions in China around coming energy legislation have been focused almost entirely on national security issues, people inside and outside the government said, while global warming remains a secondary concern.
Solyndra IPO Canceled (Greentech Media)
Solar firm Solyndra has decided not to proceed with an IPO of shares of its common stock at this time "due to adverse market conditions" and the availability of alternative funding from existing investors.
Sweden Gives Green Light to New Nuclear Reactors (Reuters)
Sweden’s parliament voided a 30-year-old ban on building new nuclear reactors on Thursday after a debate pitting the country’s need for low-carbon energy sources against environmental concerns over atomic energy.
Nuclear Agency Weighs a Plan to Dilute Waste (New York Times)
A competition between nuclear waste dumps has pulled the Nuclear Regulatory Commission into an unusual reconsideration of its rules to allow moderately radioactive materials to be diluted into a milder category that is easier to bury.
LG Elec to Invest $825 Mln in Solar Cells by 2015 (Reuters)
South Korea’s LG Electronics said on Friday it would invest $824.5 million by 2015 in its solar cell business, as it seeks new growth drivers.
veryGood! (715)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- US cricket stuns Pakistan in a thrilling 'super over' match, nabs second tournament victory
- Maintenance and pilot failure are cited in report on fatal 2022 New Hampshire plane crash
- Report shows a drop in drug overdose deaths in Kentucky but governor says the fight is far from over
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Scorching heat keeps grip on Southwest US as records tumble and more triple digits forecast
- Car ownership is getting more costly even as vehicle prices dip. Here's why.
- World War II veteran, 102, dies in Germany while traveling to France for D-Day ceremonies
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- The prosecution is wrapping up in Hunter Biden’s gun trial. There are 2 more witnesses expected
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- US cricket stuns Pakistan in a thrilling 'super over' match, nabs second tournament victory
- Return to Boston leaves Kyrie Irving flat in understated NBA Finals Game 1 outing
- I Swear by These Simple, Space-Saving Amazon Finds for the Kitchen and Bathroom -- and You Will, Too
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- World War II veteran, 102, dies in Germany while traveling to France for D-Day ceremonies
- $10,000 reward offered for capture of escaped Louisiana inmate
- Tension soars as Israelis march through east Jerusalem, Gaza bombing intensifies and rockets land from Lebanon
Recommendation
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Oklahoma softball sweeps Texas in WCWS finals to capture fourth straight national title
Ashley Benson Shares Glimpse Into Motherhood 3 Months After Welcoming Daughter Aspen
Vanna White sends tearful farewell to Pat Sajak on 'Wheel of Fortune': 'I love you, Pat!'
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Boeing Starliner reaches International Space Station: Here's what the astronauts will do
In aftermath of hit on Caitlin Clark, ill-informed WNBA fans creating real danger to players
Return to Boston leaves Kyrie Irving flat in understated NBA Finals Game 1 outing