The U.S. oil and natural-gas rush is hacking away at unemployment, manufacturing a total of 1.7 million jobs this year, according to a study released Tuesday by economic forecaster IHS Global Insight.
An Oklahoma senator has issued a report asserting that the Environmental Protection Agency (EPA) has halted action or “punted” on a number of regulations so President Obama can shore up votes for his November reelection bid. Sen. James Inhofe (R-Okla.), a ranking Republican on the Senate Committee on Environment and Public Works, suggests that if the federal agency authorizes about a dozen regulations next year, it will “spell doom” for jobs and the economy as a whole.
Arctic wildlife biologist Charles Monnett, the scientist who galvanized the environmentalist polar bear conservation movement in 2006, is back in his old job with the Department of the Interior (DOI) after a two-year investigation into charges of data falsification in research stating that alarming numbers of polar bears are drowning due to melting sea ice caused by global warming.
The expanding use of ethanol in U.S. oil production, prompted by government mandates that require the use of biofuel in gasoline, is escalating the price of corn while plaguing poor countries with rising food prices. Critics worldwide are now questioning the federal government’s ethanol mandates, as the use of American-produced corn for biofuel has added more than $6.5 billion to the food import bills of developing countries, particularly in North Africa and Central America.
Gasoline prices in California have escalated to record highs, spiking 50 cents a gallon in a week and prompting Governor Jerry Brown to advocate laxer smog rules so oil refineries can boost supplies of less expensive fuel blends. Regular gasoline in the state has soared to an average of $4.67 a gallon, a staggering 22 percent higher than the national average, according to AAA’s nationwide fuel price survey.
General Motors, the financially-strained U.S. automaker that absorbed billions of taxpayer dollars through the auto bailout, has secured a new deep-pocketed customer for its purportedly failed electric Chevy Volt: the Pentagon. The Department of Defense is seeking to make the federal government’s military operation more “environmentally-friendly” by reducing its use of fossil fuels with a conversion to electric vehicles.
Rory Reid, the eldest son of Senate Majority Leader Harry Reid (D-Nev.), is the chief representative for a Chinese energy firm planning to build a $5-billion solar plant on public land in Laughlin, Nevada. ENN Energy Group, a clean-energy firm that manufactures a range of renewable energy solutions, is seeking to construct its solar panel facility on a 9,000-acre stretch of land on a Clark County desert plot.
The hyperbole surrounding the White House's announcement yesterday of much higher fuel economy mandates is in sharp contrast to what consumers really want.
Hundreds of activists showed up at a hearing about so-called “smart meters” held by the Texas Public Utility Commission this week, with most of them seeking a way to opt-out from receiving one of the controversial electricity meters that critics link to serious privacy and health concerns. A Republican member of the state legislature even promised that if the PUC refused to allow consumers a choice, he would introduce legislation to force its hand.
A federal appeals court has put the kibosh on the Environmental Protection Agency’s (EPA) latest regulatory scheme to curb soot- and smog-forming air pollution. The rule, which was shot down Tuesday by the U.S. Court of Appeals for the D.C. Circuit, was set to impose a greater regulatory burden on coal-fired power plants while potentially boosting electric rates for consumers.