Current:Home > FinanceToday’s Climate: June 18, 2010 -WealthMindset
Today’s Climate: June 18, 2010
View
Date:2025-04-18 02:29:35
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! (5242)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Sir Karl Jenkins Reacts to Coronation Conspiracy Suggesting He's Meghan Markle in Disguise
- FDA gives safety nod to 'no kill' meat, bringing it closer to sale in the U.S.
- A stranger noticed Jackie Briggs' birthmark. It saved her life
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Want to get better at being thankful? Here are some tips
- Increased Asthma Attacks Tied to Exposure to Natural Gas Production
- Warren Buffett Faces Pressure to Invest for the Climate, Not Just for Profit
- Meta releases AI model to enhance Metaverse experience
- Temptation Island Is Back With Big Twists: Meet the Season 5 Couples and Singles
Ranking
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Jennifer Garner Reveals Why Her Kids Prefer to Watch Dad Ben Affleck’s Movies
- Jewelry chain apologizes for not accepting U.S. service member's Puerto Rico driver's license as valid U.S. ID
- Fossil Fuel Money Still a Dry Well for Trump Campaign
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Jena Antonucci becomes first female trainer to win Belmont Stakes after Arcangelo finishes first
- Hidden audits reveal millions in overcharges by Medicare Advantage plans
- Chrissy Teigen Reacts to Speculation She Used a Surrogate to Welcome Baby Esti
Recommendation
Trump wants to turn the clock on daylight saving time
Want to get better at being thankful? Here are some tips
Chrissy Teigen Reacts to Speculation She Used a Surrogate to Welcome Baby Esti
Roberta Flack announces she has ALS
The Daily Money: Spending more on holiday travel?
White House: Raising Coal Royalties a Boon for Taxpayers, and for the Climate
Don't Let These 60% Off Good American Deals Sell Out Before You Can Add Them to Your Cart
Hoda Kotb Recalls Moving Moment With Daughter Hope's Nurse Amid Recent Hospitalization