Current:Home > MyToday’s Climate: June 18, 2010 -Global Finance Compass
Today’s Climate: June 18, 2010
View
Date:2025-04-17 21:43:48
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! (8649)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- What we know about the Moscow concert hall attack claimed by ISIS in Russia
- 'Pirates of the Caribbean' franchise to get a reboot, says producer Jerry Bruckheimer
- North Carolina GOP executive director elected as next state chairman
- Sonya Massey's father decries possible release of former deputy charged with her death
- 2 high school wrestling team members in West Virginia are charged with sexual assault
- Warriors’ Draymond Green is ejected less than 4 minutes into game against Magic
- South Carolina House OKs bill they say will keep the lights on. Others worry oversight will be lost
- North Carolina justices rule for restaurants in COVID
- Massachusetts man gets 40 years in prison for fatal attack on partner on a beach in Maine
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- USWNT's Midge Purce will miss Olympics, NWSL season with torn ACL: 'I'm heartbroken'
- Crowns, chest bumps and swagger: In March Madness, the handshake isn’t just for high fives anymore
- A $500K house was built on the wrong Hawaii lot. A legal fight is unfolding over the mix-up
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Former Los Angeles Deputy Mayor Raymond Chan convicted in sprawling bribery case
- Alcohol permit lifted at Indy bar where shooting killed 1 and wounded 5, including police officer
- Missouri boarding school closes as state agency examines how it responded to abuse claims
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Beyoncé 'Cowboy Carter' tracklist hints at Dolly Parton, Willie Nelson collaborations
Trader Joe’s upped the price of its bananas for the first time in decades. Here’s why
Former Child Star Frankie Muniz's Multi-Million Dollar Net Worth May Surprise You
The Best Stocking Stuffers Under $25
Queen Camilla Shares Update on Kate Middleton After Cancer Diagnosis
Nearly $200 million bet in North Carolina’s first week of legalized sports wagering
GirlsDoPorn owner goes from FBI's Most Wanted List to San Diego court appearance