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News & Updates

October 5, 2012 Environment groups say Midwest Generation coal ash polluting groundwater, file legal complaint

Source: The Republic

CHICAGO — Several environmental groups want the Illinois Pollution Control Board to order Midwest Generation to clean up groundwater pollution that allegedly leached from coal-ash ponds at four of the company's power plants.

October 4, 2012 Billionaire Glasenberg Bets on Coal Rebound With Xstrata: Energy

Source: Bloomberg

“Glencore must be assuming, as we do, that coal remains key to the energy mix for decades,” Largey said. “Coal still accounts for about 80 percent of the energy production in China and 45 percent in Japan and coal will remain the...

October 3, 2012 Duke Energy customers face $1 billion-plus tab whether nuclear plant is fixed or not

Source: Tampa Bay Times

Duke Energy faces a potentially $3 billion decision on whether to fix its busted Crystal River nuclear plant. Regardless of their choice, however, customers will still get stuck paying for the billion-dollar-plus blunder.

October 2, 2012 Report: Can U.S. Carbon Emissions Keep Falling?

Source: Climate Cemtral

A Climate Central analysis of the American energy economy shows that the nearly 9 percent reduction in annual carbon emissions in the U.S. since 2005 is unlikely to continue in the years ahead without major departures from the...

October 2, 2012 Former skeptic Richard Muller endorses global warming theory

Source: Mcall.com

Disliking the methodology of previous climate studies, Richard Muller, a physicist at University of California at Berkeley, doubted the existence of global warming and became a prominent skeptic. Last year he joined an intensive...

October 2, 2012 Oil giants eye Arctic prize despite dangers

Source: Brisbane Times

DRILLING for oil and gas has always been a risky business; overcoming technical, political and environmental challenges is part of the job. But last week the chief executive of the French oil giant Total, Christophe de...

October 2, 2012 Finland Aiming to Stop Using Coal by 2025

The Epoch Times - That costs around 70 million to more than 300 million euros ($388 million), the report said. According to the Union of Concerned Scientists, a nonprofit science advocacy group, the burning of coal is a...

September 28, 2012 The Climate Post: Continuing Carbon Emissions Could Have Devastating Impacts on Poor Countries

Source: Huff Post

Populations and livelihoods -- mostly in developing countries -- will suffer as average global temperatures continue to rise. This is according to a study, conducted by the humanitarian organization DARA, which found climate...

September 28, 2012 Support Slips for More Rules as Gas-Frackers Campaign

Source: BusinessWeek

Public support has cooled for stricter environmental regulation of hydraulic fracturing for natural gas, a drilling method that has lowered U.S. energy prices while raising concerns over its impact on drinking water.

September 27, 2012 Report: Carbon tax could halve deficit

Source: The Hill

Taxing carbon emissions could raise enough money to eventually cut the deficit in half, but policymakers would face tough questions about whether to use the cash to brighten the fiscal outlook or tackle other needs, a report...

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