Joshua's Feed
Sep 27, 2013

EU stands firm on aviation emissions position

MONTREAL/NEW YORK (Reuters) – Europe cannot accept a global deal to curb the growth of aviation emissions through a markets-based scheme starting in 2020 unless it allows for regional measures to operate in the interim, its top climate change official said Friday.

Connie Hedegaard, European Commissioner for Climate Action, said because it would take at least seven years to get a global market scheme in place, measures like the EU’s emissions trading scheme are needed in the meantime.

Jul 31, 2013

Exclusive: Russian billionaire seeks U.S. government financing for luxury jets

NEW YORK/ATLANTA (Reuters) – Billionaire Russian businessman Gennady Timchenko, a long-time associate of Russian President Vladimir Putin, plans to seek U.S. government-backed funding to buy luxury aircraft, Reuters has learned.

To smooth the path for financial backing from the U.S. Export-Import Bank and allay possible U.S. government concerns about him, Timchenko hired lobbyists from powerhouse Washington law firm Patton Boggs, according to emails and documents viewed by Reuters.

Jul 31, 2013

Russian billionaire seeks U.S. government financing for luxury jets

NEW YORK/ATLANTA, July 31 (Reuters) – Billionaire Russian
businessman Gennady Timchenko, a long-time associate of Russian
President Vladimir Putin, plans to seek U.S. government-backed
funding to buy luxury aircraft, Reuters has learned.

To smooth the path for financial backing from the U.S.
Export-Import Bank and allay possible U.S. government concerns
about him, Timchenko hired lobbyists from powerhouse Washington
law firm Patton Boggs, according to emails and documents viewed
by Reuters.

Jul 11, 2013

Insight: Quebec train set too few brakes, with deadly result

By Joshua Schneyer and Cezary Podkul

(Reuters) – The handbrake is the railroad industry’s ultimate fail-safe mechanism. It is supposed to help avert disasters like the one that engulfed a Canadian town on Saturday, when a runaway train loaded with oil hurtled downhill, derailed and exploded, leaving 50 people dead or missing.

The railroad initially blamed the catastrophe on the failure of the train’s pneumatic airbrakes after an engine fire, but the company acknowledged on Wednesday that the train’s engineer did not apply an adequate number of handbrakes to hold the train in place, and failed to comply with regulations.

Jul 11, 2013

Quebec train set too few brakes, with deadly result

July 10 (Reuters) – The handbrake is the railroad industry’s
ultimate fail-safe mechanism. It is supposed to help avert
disasters like the one that engulfed a Canadian town on
Saturday, when a runaway train loaded with oil hurtled downhill,
derailed and exploded, leaving 50 people dead or missing.

The railroad initially blamed the catastrophe on the failure
of the train’s pneumatic airbrakes after an engine fire, but the
company acknowledged on Wednesday that the train’s engineer did
not apply an adequate number of handbrakes to hold the train in
place, and failed to comply with regulations.

Jul 9, 2013

Oil tank cars like those in Quebec tragedy long seen as flawed

NEW YORK (Reuters) – The oil-laden train that derailed and exploded in a small Canadian town on Saturday, possibly killing as many as 50 people, included a class of railcar whose vulnerability to leaks and deadly explosions was well known to regulators.

The U.S. National Transportation Safety Board has issued safety guidelines on the widely used, cylindrical tank cars known as DOT-111s, including a recommendation that all tank cars used to carry ethanol and crude oil be reinforced to make them more resistant to punctures if trains derail.

Jun 14, 2013

Lack of a prenup imperils oil billionaire’s fortune

OKLAHOMA CITY (Reuters) – The divorce of oil baron Harold Hamm has had its dramatic moments. Among them: allegations that Harold was unfaithful – and a heated debate over whether the court should order his wife, Sue Ann, to turn over secret video and audio recordings she made of him at home.

But the split of the Continental Resources chief executive’s fortune, worth at least $11 billion, could turn on the absence of a single document – and result in the largest divorce settlement in history.

Jun 14, 2013

Special Report: Lack of a prenup imperils oil billionaire’s fortune

OKLAHOMA CITY (Reuters) – The divorce of oil baron Harold Hamm has had its dramatic moments. Among them: allegations that Harold was unfaithful – and a heated debate over whether the court should order his wife, Sue Ann, to turn over secret video and audio recordings she made of him at home.

But the split of the Continental Resources chief executive’s fortune, worth at least $11 billion, could turn on the absence of a single document – and result in the largest divorce settlement in history.

May 3, 2013

At Texas fertilizer plant, a history of theft, tampering

NEW YORK (Reuters) – The Texas fertilizer plant that exploded two weeks ago, killing 14 people and injuring about 200, was a repeat target of theft by intruders who tampered with tanks and caused the release of toxic chemicals, police records reviewed by Reuters show.

Police responded to at least 11 reports of burglaries and five separate ammonia leaks at West Fertilizer Co over the past 12 years, according to 911 dispatch logs and criminal offense reports Reuters obtained from the McLennan County Sheriff’s office in Waco, Texas through an Open Records Request.

May 3, 2013

Exclusive: At Texas fertilizer plant, a history of theft, tampering

NEW YORK (Reuters) – The Texas fertilizer plant that exploded two weeks ago, killing 14 people and injuring about 200, was a repeat target of theft by intruders who tampered with tanks and caused the release of toxic chemicals, police records reviewed by Reuters show.

Police responded to at least 11 reports of burglaries and five separate ammonia leaks at West Fertilizer Co over the past 12 years, according to 911 dispatch logs and criminal offense reports Reuters obtained from the McLennan County Sheriff’s office in Waco, Texas through an Open Records Request.