AG says state should reject ComEd’s $500M offer

May 6, 2010

Says consumers will pay higher rates under the plan May 5, 2010 BY DAVE McKINNEY Springfield Bureau Chief SPRINGFIELD — Attorney General Lisa Madigan today came out against Commonwealth Edison’s $500 million offer to the state in exchange for allowing the utility to lock in higher electricity rates and receive a guaranteed profit of 10 […]

EPA proposes coal ash rule

May 4, 2010

CHATTANOOGA, Tenn. — The Environmental Protection Agency is proposing to regulate coal ash and its disposal, possibly as a hazardous waste. EPA Administrator Lisa Jackson said Tuesday that one option would regulate the ash under the hazardous waste section of the federal Resource Recovery and Conservation Act. The other is regulating it in the non-hazardous […]

Natural Gas Rises as Cold Predicted for East Coast

February 7, 2010

Cold weather will cover the U.S. from the Rockies to the East Coast between now and Feb. 19, MDA Federal Inc.’s EarthSat Energy Weather said. Two feet (60 centimeters) of snow may fall in the Washington region. About 52 percent of U.S. households use gas for heating.  “Gas is mostly up on the weather,” said […]

Oil prices extend losses on US jobs, eurozone debt

Oil prices extend losses on US jobs, eurozone debt jitters     Photos 1 of 1 Petrols pumps at a Shell petrol station           NEW YORK – Oil prices extended losses Friday as world markets were shaken by fresh concerns over the global economic recovery stemming from debt woes in the eurozone […]

Wind could power 20 percent of eastern grid

January 23, 2010

WASHINGTON (Reuters) – Wind energy could generate 20 percent of the electricity needed by households and businesses in the eastern half of the United States by 2024, but it would require up to $90 billion in investment, according to a government report released on Wednesday. For the 20 percent wind scenario to work, billions must […]

France tries to thrash out new carbon tax formula

PARIS (Reuters) – France’s government is trying to piece together new carbon tax legislation that would cover big polluters without double-charging them, after a previous attempt to tax emissions was scrapped at the last minute. An army of chief executives attending the international climate talks in Copenhagen urge government officials to curb emissions and unleash […]

Summit in Disarray after ‘Danish Text’ Leak

December 12, 2009

Developing countries react furiously to leaked draft agreement that would hand more power to rich nations, sideline the UN’s negotiating role and abandon the Kyoto protocol. See the entire article here: See the leaked “Danish Text” courtesy The Guardian:

Check Out the Climate Deal Draft

Courtesy The Wall Street Journal:

Retail Electricity Suppliers Battle Utilities

December 7, 2009

BY MARK PETERS Consumers looking to take advantage of a sharp drop in U.S. power prices increasingly are turning to new suppliers. The economic downturn, combined with a boom in natural-gas output, has driven wholesale electricity prices sharply lower in the past year, inspiring an increasing number of recession-strapped households to shop around for cheaper […]

Pickens says increasing oil, natural gas exposure

October 6, 2009

From Reuters: Tue Oct 6, 2009 5:16pm EDT Texas oil tycoon T. Boone Pickens said on Tuesday he has increased his long oil and natural gas position in recent weeks. NEW YORK — “It’s not my personality to be short,” said the billionaire who has made his fortune investing in the oil sector. Oil prices […]