Current:Home > MarketsToday’s Climate: June 18, 2010 -Mastery Money Tools
Today’s Climate: June 18, 2010
View
Date:2025-04-14 05:09:55
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! (968)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Fantasy football winners, losers: Rookie Zach Charbonnet inherits Seattle spotlight
- Ohio State moves up to No. 2 ahead of Michigan in the latest US LBM Coaches Poll
- Microsoft hires OpenAI founders to lead AI research team after ChatGPT maker’s shakeup
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- 'Stamped From the Beginning' is a sharp look at the history of anti-Black racism
- Hong Kong’s Disneyland opens 1st Frozen-themed attraction, part of a $60B global expansion
- BaubleBar’s Black Friday Sale Is Finally Here—Save 30% Off Sitewide and Other Unbelievable Jewelry Deals
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Does Black Friday or Cyber Monday have better deals? How to save the most in 2023.
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Paul Azinger won't return as NBC Sports' lead golf analyst in 2024
- Shakira reaches a deal with Spanish prosecutors on the first day of tax fraud trial
- Taylor Swift Returns to Eras Tour Stage With Moving Performance After Death of Fan
- Global Warming Set the Stage for Los Angeles Fires
- Biden is spending his 81st birthday honoring White House tradition of pardoning Thanksgiving turkeys
- Miscarriages, abortion and Thanksgiving – DeSantis, Haley and Ramaswamy talk family and faith at Iowa roundtable
- China welcomes Arab and Muslim foreign ministers for talks on ending the war in Gaza
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
NFL Pick 6 record: Cowboys' DaRon Bland ties mark, nears NFL history
Who is playing in the Big 12 Championship game? A timeline of league's tiebreaker confusion
Canned seafood moves beyond tuna sandwiches in a pandemic trend that stuck
At site of suspected mass killings, Syrians recall horrors, hope for answers
US Defense Secretary Austin makes unannounced visit to Ukraine
Catholic priest sentenced to life for sex trafficking boys, manipulating opioid addictions
The Albanian opposition disrupts a Parliament vote on the budget with flares and piled-up chairs