NewsTrust - Energy - Most Recent Stories: News (Independent)

What's Happening in the Persian Gulf Explained

Tue, 03 Jan 2012 00:00:00 -0800

Mother Jones - By Adam Weinstein, Hamed Aleaziz - Jan. 03 (Special Report) - The basics: Iran and the United States appear to be heading for a showdown in the Persian Gulf. Amid already-high tensions over Iran's advancing nuclear program, the US has imposed harsh new economic sanctions on the regime in Tehran and begun to move se

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Gingrich On Climate Change

Wed, 07 Dec 2011 00:00:00 -0800

FactCheck - By Brooks Jackson - Dec. 07 (Fact Check) - Newt Gingrich went too far when he claimed that “I’ve never favored cap-and-trade.” It’s true he’s never favored the approach taken by Democrats, but he said in 2007 that he would “strongly support” cap-and-trade if combined with “a tax-incentive program for investing in the solutions”.

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Fact-checking the Chamber of Commerce

Wed, 07 Dec 2011 00:00:00 -0800

PolitiFact - By Bill Adair - Dec. 07 (Fact Check) - The U.S. Chamber of Commerce has begun its "voter education" drive, running ads that attack Democrats and boost Republicans. The blitz is beginning in Iowa, Montana, Nevada, Ohio, Pennsylvania, and Washington, including this ad against U.S. Sen. Sherrod Brown of Ohio. PolitiFact Ohio checked the ad's claim that Brown "voted to block American energy production and increase energy taxes" and rated it Mostly False.

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Flipping Through DNC Playbook on Romney

Thu, 01 Dec 2011 00:00:00 -0800

FactCheck - By Eugene Kiely, Lori Robertson, Robert Farley, Brooks Jackson, D’Angelo Gore, Scott Blackburn, Lalita Clozel - Dec. 01 (Fact Check) - The Democratic National Committee casts Mitt Romney as an untrustworthy flip-flopper in a lengthy Web video, but pads a long list of examples with some falsehoods and distortions. It's true that Romney has changed or modified his position on some major issues -- including abortion, a federal assault weapons ban and Reaganomics, as the DNC says. But the video strains the truth ... More >>

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GOP’s Phantom Job Losses

Tue, 22 Nov 2011 00:00:00 -0800

FactCheck - By Eugene Kiely - Nov. 22 (News) - Ooops! Republicans — eager to show that President Obama’s oil and gas drilling policies “cost jobs” — have been using a number they now admit was more than three times too high. Even after they corrected their error (after we pointed it out), they started using a figure that is … More >>

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Bill Clinton: Solar and wind energy are "both cheaper than nuclear right now."

Fri, 11 Nov 2011 00:00:00 -0800

PolitiFact - By Louis Jacobson - Nov. 11 (Fact Check) - During a Nov. 8, 2011, appearance on The Daily Show with Jon Stewart, former President Bill Clinton touted the prospects for adopting renewable energy. "Solar energy and wind energy ... would already be competitive with coal if you had to pay the extraneous costs of coal -- the health care costs and other things. And ... wind within two years and solar within five will be competitive in price with coal. They're both cheaper than nuclear right now."

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Gulf Oil Spill: Federal Report Released On BP Spill

Wed, 14 Sep 2011 00:00:00 -0700

Huffington Post - By Harry R. Weber, Dina Cappiello - Sep. 14 (News Report) - A key federal report puts ultimate responsibility on BP for the catastrophic failures leading to the worst offshore oil spill in U.S. history and the deaths of 11 rig workers, especially regarding the cement seal that was put in place the day before the explosion that triggered the spill.

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Charles Scott Howard: The Miner Who Took On Big Coal

Wed, 14 Sep 2011 00:00:00 -0700

Huffington Post - By Dave Jamieson - Sep. 14 (News Report) - On a July morning four years ago, Charles Scott Howard left his home in the mountains of Southeastern Kentucky and drove his pickup truck 150 miles to the Crowne Plaza Hotel in Lexington. A career coal miner, Howard was headed to the posh hotel to testify at a public hearing held by the federal Mine Safety and Health Administration (MSHA), a regulatory arm of the U.S. Department of Labor.

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Donald Trump Angry Over Offshore Wind Farms Near Scotland Golf Course

Fri, 12 Aug 2011 00:00:00 -0700

Huffington Post - By Tara Kelly - Aug. 12 (News Report) - According to Bloomberg, he also wrote in a recent email, “I am very disappointed that Scotland may allow the development of a wind power plant directly off Aberdeen’s beautiful coastline.”

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CVPS will merge with Green Mountain Power

Tue, 12 Jul 2011 00:00:00 -0700

vtdigger.org - By Anne Galloway - Jul. 12 (Breaking News) - The deal, if it is approved by shareholders and the Vermont Public Service Board, will result in the consolidation of CVPS and Green Mountain Power, which is already owned by Gaz Metro. The merger will create one large electric utility from the state’s two biggest power companies. The new entity, which will undergo a name change, will serve 70 percent of Vermont’s ratepayers, or 250,000 households.

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United States Hit With a Triple Nuclear Threat – How Dangerous is it?

Sat, 02 Jul 2011 00:00:00 -0700

dianuke.org - By Michio Kaku - Jul. 02 (News Report) - The Los Alamos fire is an immediate problem, with forest fires raging at its doorstep... there are at least 6 metric tons worth of plutonium used in the weapons program stored there. Of immediate concern is Area G, containing up to 30,000 fifty five gallon drums of plutonium-contaminated nuclear waste. These drums are not secured, but are simply stored above ground in an ordinary building and the fire is about 3 miles from these drums.

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Speculating About Oil

Tue, 07 Jun 2011 00:00:00 -0700

Power Line - By John Hinderaker - Jun. 07 (News Analysis) - Again, what we are talking about here is a "risk premium" arising from events in the Middle East--events which presumably were not engineered by American oil companies. ThinkProgress's report on oil speculation is riddled with errors, many of them howlers. That web site's basic problem is that its writers are neither intelligent nor experienced in business. Therefore, they are utterly unqualified to write about topics like commodity pricing. In this instance, however, ThinkProgress's conduct is worse than incompetent: it released a report that tried to blame "speculators" for the current increase in oil prices. Its only support for that claim consisted of quotes that were falsely attributed to Goldman Sachs. The entire report, therefore, was premised on a lie.

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Everything you've heard about fossil fuels may be wrong

Tue, 31 May 2011 00:00:00 -0700

Salon - By Michael Lind - May. 31 (Special Report) - Eventually civilization may well run out of natural gas and other fossil fuels that are recoverable at a reasonable cost, and may be forced to switch permanently to other sources of energy. These are more likely to be nuclear fission or nuclear fusion than solar or wind power, which will be as weak, diffuse and intermittent a thousand years from now as they are today. But that is a problem for the inhabitants of the world of 2500 or 3000 A.D.

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Saudi Prince Seeks to Discourage Western 'Alternatives' to High Priced Oil

Sun, 29 May 2011 00:00:00 -0700

International Business Times - May. 29 (News) - Saudi Prince Al-Waleed bin Talal said on Sunday that he wants lower oil prices so that Western countries don't have the incentive to find alternatives. He told CNN that oil prices should be between $70 and $80 per barrel and not above $100 as they currently are.

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Skipping safeguards, officials rushed benefit to a politically-connected energy company

Wed, 25 May 2011 00:00:00 -0700

iWatch News - By Ronnie Greene, Matthew Mosk - May. 25 (News Report) - The Obama administration bypassed steps meant to protect taxpayers as it hurried to approve an energy loan guarantee to a politically-connected California solar power startup, iWatch News and ABC News have learned.

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What They Don’t Tell You About Oil Industry Tax Breaks

Wed, 25 May 2011 00:00:00 -0700

AlterNet - May. 25 (News) - It really is a game—and the stakes are dangerously high So I was reading this New York Times explainer on yet another failure to take the oil industry off the sweet, sweet gravy train. And my mind went back a bit to what’s missing from the current discussion—the long, long history of tax [...] ...

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Is Scholastic Selling Elementary School Kids on Coal?

Fri, 13 May 2011 00:00:00 -0700

Mother Jones - By Kate Sheppard - May. 13 (News Report) - Environmental groups are going after the world's largest publisher of children's books for teaming up with the American Coal Foundation to produce "The United States of Energy," a lesson plan designed for fourth-graders. The foundation, online at Teachcoal.org, is devoted to creating "coal-related educational materials and programs designed for teachers and students."

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Response to legal threat to coalcares.org from Peabody Energy

Fri, 13 May 2011 00:00:00 -0700

theyesmen.org - By Andy Bichlbaum - May. 13 (Other) - As even you may agree, the root of the problem is not Peabody, but rather our system of subsidies, regulations, and lobbying that lets your whole industry continue its lethal work. To make this clear, we have changed every instance of the word “Peabody” on www.coalcares.org to a rotating selection of the names of other large U.S. coal producers who, like Peabody, also need to be stopped from killing kids.

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Crude prices drop – gas prices may begin to ease back

Sun, 08 May 2011 00:00:00 -0700

WGMD Delmarva - By Mari Lou - May. 08 (News Report) - While locally some gas stations reached and passed the $4-a gallon mark, the average price for gas in Delaware was at $3.96 a gallon. But crude oil – which started the week at $114 a barrel took a nearly 10% drop on Thursday and by Friday – the price was just over $97 a barrel. Triple A Mid-Atlantic officials say with Memorial Day weekend just 3 weeks away they’ll watch closely to see if gas prices also begin to fall back. Officials say a decrease to the $3.50 range would not be out of the question.

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National biomass debate intensifies with new limits in Massachussetts

Thu, 05 May 2011 00:00:00 -0700

iWatch News - By Ronnie Greene - May. 05 (Investigative Report) - The debate over biomass plants – pitched as a way to produce power while protecting the environment, but derided by critics as anything but green – intensified this week in Massachusetts with proposed new rules that would make it harder for industry to secure public aid to erect new facilities.

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Nuclear Adviser to Japanese President Resigns Over Radiation Levels

Mon, 02 May 2011 00:00:00 -0700

infowars.com - May. 02 (News Report) - During an emotional and teary news conference, Toshiso Kosako, a professor at the University of Tokyo, announced his resignation as senior nuclear adviser to Japanese Prime Minister Naoto Kan...Kosako said he could not stay on while the government set inappropriate radiation limits for elementary schools near the plant. “Japanese authorities have set a 20-millisievert limit for radiation exposure as safe. Kosako said that is 20 times too high, especially for children, who are more vulnerable to radiation than adults.

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Population: One Planet, Too Many People?

Sun, 01 May 2011 00:00:00 -0700

imeche.org - May. 01 (Special Report) - By 2100, the global human population may reach 9.5 billion with 75% of these people located within urban settlements. Meeting the needs and demands of these people will provide significant challenges to governments and society at large, and the engineering profession in particular. Four key areas in which population growth and expanding affluence will significantly challenge society are: food, water, urbanisation and energy.

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The 10 Least Green States

Sat, 23 Apr 2011 00:00:00 -0700

Huffington Post - By Joanna Zelman - Apr. 23 (News Analysis) - While Earth Day was an important time to highlight issues surrounding our environment, pollution impacts our world on every single day of the year. Last year, 24/7 Wall St. analyzed the environmental issues facing each state. In observance of Earth Day, the rankings were updated to reflect the most recent data. 24/7 Wall St. examined energy consumption, pollution problems and state energy policies. The most recent information, issued in 2009 and 2010, was used for all states. Thousands of data points were collected to determine the most and least “green” states. Below are the ten least green states in the 24/7 Wall St. ranking, based on environmental problems and how effectively these problems are addressed.

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IMF warns of oil scarcity and a 60% oil price increase within a year

Thu, 21 Apr 2011 00:00:00 -0700

Crude Oil Peak - Apr. 21 (News Analysis) - In a benchmark scenario of its latest World Economic Outlook (April 2011) the International Monetary Fund (IMF) analyses what it calls oil scarcity (after “energy security” another code word for peak oil?) and warns of a 60% increase in oil prices within a year and almost 90% within 5 years due to a reduced growth in global oil supplies (assumed to be + 0.8% pa, down from a long term 1.8%) and low oil price elasticities of oil demand between 0.02 (short-term) and 0.08 (long term). Even in the best case scenario in which oil price elasticities increase almost 5 fold (greater substitution away from oil), oil prices are simulated to go up by 60% in 5 years.

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U.S. Nuclear Regulator Lets Industry Help With the Fine Print

Thu, 14 Apr 2011 00:00:00 -0700

ProPublica - By John Sullivan - Apr. 14 (Investigative Report) - “The problem with inviting the industry in is that they tend to dominate the process,” he said. “The NRC has a problem distinguishing between the public they serve and the industry they regulate. “

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