"Deep Debt Keeps Oil Firms Pumping"
"American oil and gas companies have gone heavily into debt during the energy boom, increasing their borrowings by 55% since 2010, to almost $200 billion."
Source: Wall St. Journal, 01/07/2015
Economy & Business
"Oil’s Fall Continues Into 2015, and Stock Markets Shudder"
"Oil prices tumbled below $50 a barrel on Monday, spooking global financial markets and signaling that the remarkable 50 percent price drop since June was continuing this year and even quickening."
Source: NY Times, 01/06/2015
"Job Losses Hit All But Renewable Energy Across Power Sector"
"The electric power generation sector lost more than 5,800 jobs over the last three years, according to an Energy Department stat shop. The losses hit all energy sources across electric power except for renewables, the Energy Information Administration said on Friday."
Source: The Hill, 12/23/2014
"Top Firms' Greenhouse Gas Emissions Rise, Despite Call for Cuts"
"Greenhouse gas emissions by the world's top 500 companies rose 3.1 percent from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, a study showed on Monday."
Source: Reuters, 12/23/2014
"U.S. Imposes Steep Tariffs on Chinese Solar Panels"
"The Commerce Department began closing a chapter in a protracted trade conflict with China over solar equipment Tuesday, approving a collection of steep tariffs on imports from China and Taiwan."
Source: NY Times, 12/18/2014
Ohio Utilities Seek To Keep Reasons for Public "Bailout" Secret from Public
Three major electric utilities want the Public Utilities Commission of Ohio (PUCO) to make ratepayers pay for aging and unprofitable coal and nuclear generation plants in that state. But the ratepayers — the utilities claim — aren't entitled to know whether they might be ripped off.
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Foreign Agents May Cloak Environmental Stories
Environmental journalists can find important stories using data about lobbyists registered under the Foreign Agents Registration Act to work for foreign firms and governments. The Sunlight Foundation and other groups have compiled some of the information into a searchable online database — a starting point for finding enviro and energy stories.
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FOIA Reform Is Dead; Long Live FOIA Reform
Legislation to strengthen the Freedom of Information Act, a key journalist's tool, died in the final hours of the do-nothing 113th Congress — but hopes remain that the coming 114th Congress could pass the bipartisan package. The bill's Senate passage was delayed by a "hold" placed on it by retiring Sen. Jay Rockefeller (D-WV), whose reasons were not clearly explained but were apparently due to banking interests' fears.
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"Keystone XL Pipeline May No Longer Make Economic Sense, Experts Say"
"Amid the shouting on Capitol Hill, the wads of campaign cash and the activist careers shaped around the Keystone XL pipeline, the project at the flash point of America's energy debate now confronts a problem bigger than politics. It may no longer pencil out."
12/16/2014
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