Current:Home > FinanceToday’s Climate: June 18, 2010 -Zenith Profit Hub
Today’s Climate: June 18, 2010
View
Date:2025-04-18 16:42:59
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! (9)
Related
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- We all experience cuts and scrapes. Here's how to tell if one gets infected.
- The Latest: Harris and Walz to hold rally in Arizona, while Trump will visit Montana
- One Extraordinary (Olympic) Photo: Francisco Seco captures unusual image at rhythmic gymnastics
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Neptune Trade X Trading Center Outlook: Welcoming a Strong Bull Market for Cryptocurrencies Amid Global Financial Easing
- Get 2 Bath & Body Works Candles for the Price of 1: Scent-sational $8.48 Deals on Your Favorite Scents
- Colorado funeral home owners accused of mishandling 190 bodies ordered to pay $950M
- Tom Holland's New Venture Revealed
- California bookie pleads guilty to running illegal gambling business used by ex-Ohtani interpreter
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- The Latest: Harris and Walz to hold rally in Arizona, while Trump will visit Montana
- Education leaders in Montana are preparing students for the world of finance
- Florida man gets over 3 years in prison for attacking a Muslim mail carrier and grabbing her hijab
- Nevada attorney general revives 2020 fake electors case
- Are you a Cash App user? You may be eligible for a piece of this $15 million settlement
- Olympic Gymnast Gabby Douglas Speaks Out on Constantly Being Bullied Amid Simone Biles Comparisons
- Judge enters not guilty plea for escaped prisoner charged with killing a man while on the run
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Sean “Diddy” Comb’s Ex Yung Miami Breaks Silence on His Abuse Allegations
Casey Affleck got Matt Damon to star in 'The Instigators' by asking his wife
Zoë Kravitz and Fiancé Channing Tatum Step Up Their Romance With Red Carpet Debut
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Are you a Cash App user? You may be eligible for a piece of this $15 million settlement
Travis Scott is arrested at a Paris hotel after altercation with a security guard, prosecutors say
Zoë Kravitz Shares Why Working With Channing Tatum Was the Deepest Expression of Love