The U.S. Supreme Court yesterday strengthened the Environmental Protection Agency in its drive to cut air pollution, a result critics warned would lead to costly regulations as the agency moves to curb global warming.
Tax credits for the production of wind power and other renewable energy sources face expiration at year’s end amid few signs Congress will decide to continue them, tax lobbyists and other analysts say.
Crude oil shipped by railroad from North Dakota is drawing fresh scrutiny from regulators concerned that the cargo is adding environmental and safety hazards, something that analysts say could raise costs.
Keystone XL backers say the proliferation of alternative projects, such as one to carry oil- sands crude to a Canadian seaport that advanced yesterday, undercuts opponents who claim blocking the pipeline will keep the high-carbon fossil fuel in the ground.
America’s emergency stockpile of oil stands twice as large as the amount required by an international pact. George Soros has proposed selling some now to punish Russian President Vladimir Putin -- and U.S. lawmakers are starting to listen.