Bloomberg BNA – Requiring the use of carbon capture and sequestration technologies at coal-fired power plants could increase the wholesale price of electricity between 70 percent and 80 percent, an Energy Department official said.
U.S. Representative Henry Waxman, a California Democrat who helped craft and pass President Barack Obama’s 2010 health-care law, has decided not to seek a 21st term this year, he said in a statement today.
Tribune Co.’s proposed spinoff of its newspapers will probably happen by midyear, allowing time to vet candidates to run a business that includes the Los Angeles Times and Chicago Tribune, people with knowledge of the matter said.
Southern Co., which is building the nation’s only commercial power plant that will capture its own carbon emissions, criticized a proposal from the federal government to require all new coal plants to use the technology.
As President Barack Obama is set to highlight measures he can take without Congress, Republican lawmakers are already trying to unravel rules aimed at combating climate change before they are finalized.