Disasters

"Shell Oil will present an ambitious proposal to the federal government this week, seeking permission to drill up to 10 exploratory oil wells beneath Alaska’s frigid Arctic waters."

"Nearly 10 years after Japan's top utility first assured the government that its Fukushima Dai-ichi nuclear power plant was safe from any tsunami, regulators were just getting around to checking out the claim. The move was too little, too late."

There is little evidence to suggest that tornado outbreaks like the one that devasted the South last week are related to global climate change.

"Tokyo Electric Power should face unlimited liability for damages stemming from its crippled nuclear power plant, Chief Cabinet Secretary Yukio Edano said on Monday, indicating Japan's government will take a hard line against the utility in its rescue plan."

"It has been the deadliest natural disaster on American soil since Hurricane Katrina. But the government response to the tornadoes that devastated the South last week has, at least in the first few days, drawn little of the searing criticism aimed at federal agencies back in 2005."

"The U.S. has 31 reactors just like Japan’s — but regulators are ignoring the risks and boosting industry profits."

"One day after deadly tornadoes knocked out power to nuclear reactors in Alabama, the head of the U.S. nuclear safety regulator expressed concern whether backup batteries at sites across the United States have the staying power in a prolonged emergency."

"In an effort to encourage nuclear power, Congress voted in 2005 to authorize $17.5 billion in loan guarantees for new reactors. Now, six years later, with the industry stalled by poor market conditions and the Fukushima disaster, nearly half of the fund remains unclaimed. And yet Congress, at the request of the Obama administration, is preparing to add $36 billion in nuclear loan guarantees to next year’s budget."

"The death toll soared to near 300 Thursday as rescuers dug through rubble from Mississippi to Virginia in the nation’s deadliest natural disaster since Hurricane Katrina."

"Bolstered by soaring crude oil prices, BP reported a 17 percent increase in first quarter profit to $7.1 billion and sought to convince investors that it was coping with the costs of the massive oil spill in the Gulf of Mexico last year."