Current:Home > FinanceToday’s Climate: May 29-30, 2010 -Edge Finance Strategies
Today’s Climate: May 29-30, 2010
View
Date:2025-04-12 06:06:41
BP’s Top Kill Effort Fails to Plug Gulf Oil Leak (AP)
The most ambitious bid yet to stop the worst oil spill in U.S. history ended in failure Saturday after BP was unable to overwhelm the gusher of crude with heavy fluids and junk. Pres. Obama called the setback "as enraging as it is heartbreaking."
After ‘Top Kill,’ Few Options to Cap Well (Dot Earth)
Now that the top hat has failed, BP, with authorization from the Obama administration, is moving to cut away the tangle of pipe from the well and install a small containment cap, called the "lower marine riser package."
Interest Groups Use BP Spill for TV Ad Lobbying (Reuters)
A handful of advocacy groups said on Friday they would spend $2.1 million on television ads targeting the massive BP oil spill in the Gulf of Mexico as part of a bid to advance climate legislation in the Senate.
Obama’s Tough Stand on Drilling Clouds Climate Effort, Says a Key Senator (ClimateWire)
The president’s temporary restrictions on deepwater oil drilling could complicate efforts to attract a handful of key senators to support a landmark climate bill, making the difficult climb toward 60 votes even "steeper," according to the measure’s Republican author.
Land Management Chief Takes Over Drilling Agency (AP)
Bob Abbey, the chief of the Interior Department’s land management bureau. has stepped in to run the much-criticized agency that oversees offshore oil drilling after its director resigned under pressure.
Oil Spill Creates Huge Undersea ‘Dead Zones’ (The Independent)
The world’s most damaging oil spill is creating huge unseen "dead zones" in the Gulf of Mexico that could do harm to the entire food chain, according to oceanologists and toxicologists.
Texas Gov. Asks Obama to Halt Expected EPA Actions (AP)
Gov. Rick Perry took a spat between state and federal environmental regulators to the country’s highest authority Friday, asking Pres. Obama to stop the EPA from taking over Texas’ air quality program.
Radioactive Leak Found, Fixed at Vt. Nuke Plant (AP)
A new leak of radioactive material has been found and fixed at the troubled Vermont Yankee nuclear power plant, officials said Saturday.
Maldives President Calls for Direct Action over Climate Change (Guardian)
A 1960s-style campaign of direct action must ignite on the streets as a catalyst for decisive action to combat climate change, according to Pres. Mohamed Nasheed of the imperiled Maldives.
Frustrated EU Carbon Traders Play Waiting Game (Reuters)
Major changes proposed to the EU’s emissions market could dramatically alter the landscape for traders, who are increasingly frustrated by regulatory uncertainty and political stalemate.
Huge Air Pollution Study Under Way in California (AP)
Instrument-laden aircraft and a research ship equipped to sniff the atmosphere and ocean have joined land-based monitoring stations in a huge, $20 million field study of air pollution and climate change in California.
Scientists Probe Antarctic Ice to Settle Climate Debates (Wall Street Journal)
American scientists in Antarctica are working to settle a central question in the dispute over climate change, by documenting how greenhouse gases influenced temperatures in the past.
Norwegian, French Giants Join Carbon Capture Study (Edmonton Journal)
Major oil firms with international experience in carbon capture and storage are joining a $50-million study of the huge tropical reef formation 1,000 metres deep in an area north of Fort Saskatchewan, says project operator ARC Energy.
World Bank Not to Fund Pakistan Coal Project (Pak Tribune)
The World Bank will not finance coal-fired power plants in Pakistan, which faces a severe energy crisis in the wake of depleting gas fields and too much dependence on the expensive imported oil, officials said.
Fisker Raises $189 Million Ahead of Plug-in Car Assembly Start (Bloomberg)
Fisker Automotive, a startup maker of plug-in luxury cars, said it has raised $189 million ahead of receiving U.S. government loans as it prepares to begin production late this year of its electric Karma model.
veryGood! (1444)
Related
- Bodycam footage shows high
- UFC reaches $375 million settlement on one class-action lawsuit, another one remains pending
- Halsey Hospitalized After Very Scary Seizure
- Harris makes scandal-plagued Republican the star of her campaign to win North Carolina
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Holiday shoppers expected to shop online this season in record numbers
- Caitlin Clark's spectacular run comes to a close. Now, she'll take time to reflect
- Alex Jones' Infowars set to be auctioned off to help pay victims of Sandy Hook defamation case
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Judge dismisses lawsuit over mine sinkholes in South Dakota
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Top aide for North Carolina Lt. Gov. Mark Robinson is resigning, adding to staff separations
- 10 homes have collapsed into the Carolina surf. Their destruction was decades in the making
- The number of Americans filing for jobless aid falls to lowest level in 4 months
- Trump's 'stop
- New York City Mayor Eric Adams vows to fight charges in criminal indictment
- Coach named nearly 400 times in women's soccer abuse report no longer in SafeSport database
- LinkedIn is using your data to train generative AI models. Here's how to opt out.
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Watch a toddler's pets get up close and snuggly during nap time
I Won't Do My Laundry Without These Amazon Essentials Starting at $6
Appeals court hears arguments in fight between 2 tribes over Alabama casino built on ‘sacred’ land
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Inside Hoda Kotb's Private World: Her Amazing Journey to Motherhood
US lawmakers’ concerns about mail ballots are fueled by other issues with mail service
Judge directs NYC to develop plan for possible federal takeover of Rikers Island jail