Republicans will try to block the Environmental Protection Agency’s proposed greenhouse-gas rule by denying the funding to implement it, according to a senior member of a U.S. House appropriations panel.
The U.S. State Department released its long-awaited report on the Keystone XL oil pipeline, which would connect the Alberta oil sands to the Gulf of Mexico. If you think it’s time to break out the shovels, this is not the Keystone decision that you think it is.
Energy companies should add sensors to read the pressure in deep-water oil wells to help prevent blowouts such as the BP Plc blast that led to the worst U.S. offshore spill this year, the panel probing the disaster said.
BP Plc’s Atlantis platform, its second-largest oil producer in the Gulf of Mexico, should be shut down until it’s proven to comply with U.S. safety and environmental laws, a whistle-blower’s lawyer told a judge.
The world economy will face shocks and depressions, punctuated by ever-shorter and weaker recoveries, as long as it relies on outdated fossil fuels, says Jeremy Rifkin, author of “The Third Industrial Revolution.”