Valerie's Feed
Aug 4, 2014

GE to invest $2 bln to boost African energy, infrastructure

WASHINGTON, Aug 4 (Reuters) – General Electric Co on
Monday pledged to invest $2 billion in Africa by 2018 to boost
infrastructure, worker skills and access to energy, an
announcement timed to coincide with a U.S. summit meeting of
nearly 50 African leaders.

U.S. companies still have opportunities to catch up to
China, Europe and Japan, who have made bigger strides in
investing in the fast-growing continent, GE Chief Executive
Officer Jeffrey Immelt said.

Jul 29, 2014

U.S. Commerce Dept seeks details, not delay, on oil export requests -sources

WASHINGTON, July 29 (Reuters) – The U.S. Commerce Department
is holding requests for permission to export lightly processed
crude oil for longer than the normal two-week period so it can
gather more information, according to two sources familiar with
the matter.

Reuters reported on Monday that at least three companies’
requests for “commodity classification” decisions – effectively
private interpretations of trade rules – had been marked as
“held without action.” That designation allows the agency to
study the request beyond two weeks.

Jul 29, 2014

U.S. EPA kicks off hearings on power plant emissions rules

WASHINGTON (Reuters) – The Environmental Protection Agency launched public hearings on Tuesday on its proposal to slash carbon emissions from the country’s power plants, and interested groups ranging from coal miners to senators made their views known.

The agency is holding two-day hearings in Atlanta, Denver, Pittsburgh and Washington, D.C. and expects oral comments from more than 1,600 people, on top of more than 300,000 written comments already received on the 645-page Clean Power Plan.

Jul 28, 2014

Exclusive: U.S. condensate oil export requests put on hold for now – sources

WASHINGTON (Reuters) – The U.S. Commerce Department has put on hold at least two companies’ requests for permission to sell lightly processed crude abroad, effectively stalling an industry push to export an expanding glut of oil amid the U.S. shale revolution, sources said.

The companies seeking clarification on exporting ultra-light oil, known as condensate, have been told that their requests are being “held without action,” a person familiar with the matter said last week, describing an indefinite pause in the review process that allows officials to seek additional information on a decision.

Jul 28, 2014

U.S. condensate oil export requests put on hold for now -sources

WASHINGTON, July 28 (Reuters) – The U.S. Commerce Department
has put on hold at least two companies’ requests for permission
to sell lightly processed crude abroad, effectively stalling an
industry push to export an expanding glut of oil amid the U.S.
shale revolution, sources said.

The companies seeking clarification on exporting ultra-light
oil, known as condensate, have been told that their requests are
being “held without action,” a person familiar with the matter
said last week, describing an indefinite pause in the review
process that allows officials to seek additional information on
a decision.

Jul 25, 2014

U.S. EPA fails to address methane leaks from gas pipelines -watchdog

WASHINGTON, July 25 (Reuters) – The internal watchdog of the
U.S. Environmental Protection Agency said on Friday that the
regulator does not adequately address methane leaks from natural
gas pipelines, harming both the economy and environment.

The EPA Inspector General said the agency’s current
voluntary program to address methane leaks from pipelines has
yielded only minimal reductions of the potent greenhouse gas.

Jul 24, 2014

Texas, gas states biggest winners under EPA carbon rules -report

WASHINGTON, July 24 (Reuters) – Gas-rich states such as
Texas should have the easiest time complying with planned
Environmental Protection Agency regulations on carbon pollution
from power plants, despite opposition from their lawmakers, a
new study says.

The study, released on Thursday by the Rhodium Group and the
Center for Security and International Studies, shows the boom in
shale gas production will give producing states an advantage in
meeting carbon reduction targets proposed by the EPA on June 2.

Jul 23, 2014

EPA chief in hot seat as lawmakers dissect carbon rule

WASHINGTON, July 23 (Reuters) – U.S. Environmental
Protection Agency Administrator Gina McCarthy will field
questions from lawmakers on Wednesday about the agency’s plan to
slash carbon pollution from power plants, even as industry
groups seek to derail the proposal.

McCarthy will testify before the Senate Environment and
Public Works committee, where she will discuss the EPA’s first
mandatory cuts on carbon in the power sector, the largest source
of domestic emissions.

Jul 9, 2014

U.S., China ink coal, clean energy deals but climate differences remain

WASHINGTON/BEIJING (Reuters) – The United States and China on Tuesday signed eight partnership pacts to cut greenhouse gases that will bring the world’s two biggest carbon emitters closer together on climate policy, but fundamental differences between the two sides remain.

Consensus between the United States and China will be a crucial part of any new global climate pact to replace the 1997 Kyoto Protocol, but they have long struggled to come to an agreement on how the costs of cutting greenhouse gases should be distributed among rich and poor nations.

Jul 9, 2014

U.S. Democrats grapple with own divisions over renewing Ex-Im Bank

WASHINGTON, July 8 (Reuters) – U.S. Democrats are struggling
with their own differences over legislation to renew the
Export-Import Bank’s charter, an issue that has long been a
source of tension between Tea Party and pro-business
Republicans.

Democrats, who control the Senate, largely favor keeping
alive the bank. The agency, which provides credit to foreign
purchasers of U.S. exports, will be forced to close its doors if
Congress does not act to renew its charter by Sept. 30.