Current:Home > MarketsToday’s Climate: June 18, 2010 -MacroWatch
Today’s Climate: June 18, 2010
Robert Brown View
Date:2025-04-07 01:40:32
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! (272)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Kristin Juszczyk Reveals How Taylor Swift Ended Up Wearing Her Custom Chiefs Coat
- Devin Hester makes history as first return specialist selected to Pro Football Hall of Fame
- Ex-prison officer charged in death of psychiatric patient in New Hampshire
- Grammy nominee Teddy Swims on love, growth and embracing change
- Dismembered goats, chicken found at University of Rochester: Deaths may be 'religious in nature'
- Frankenstein stories are taking over Hollywood. But this time, women are the focus.
- Florida concrete worker bought $30,000 in lottery tickets with company credit card: Police
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Denise Richards Sets the Record Straight on Teasing OnlyFans Collab With Daughter Sami
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Indiana jury awards more than $11 million to Michigan man and wife over man’s amputated leg
- Holly Marie Combs responds to Alyssa Milano's claim about 'Charmed' feud with Shannen Doherty
- Conspiracy theories swirl around Taylor Swift. These Republican voters say they don’t care
- Buckingham Palace staff under investigation for 'bar brawl'
- Georgia football zooms past own record by spending $5.3 million on recruiting
- Massive World War II-era bomb discovered by construction workers near Florida airport
- Family says two American brothers, 18 and 20, detained in Israeli raid in Gaza
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Travis Kelce dresses to impress. Here are 9 of his best looks from this NFL season
Jon Stewart changed late-night comedy once. Can he have a second act in different times?
Dakota Johnson says being on 'The Office' was 'the worst time of my life'
Military service academies see drop in reported sexual assaults after alarming surge
SEC, Big Ten group looks to fix college sports. More likely? Screwing up even more.
What are the Years of the Dragon? What to know about 2024's Chinese zodiac animal
5 missing Marines found dead after helicopter crash in California, officials say