Bank of England Warns: Huge Financial Risk From Fossil Fuel Investments
"Global action on climate change could cause insurers’ investments in fossil fuels to take a huge hit, says bank’s prudential regulation authority".
Source: Guardian, 03/04/2015
Energy & Fuel
"Can Fracking Pollute Drinking Water? Don't Ask the EPA"
"The EPA has been unable to collect the data it needs from the multibillion dollar oil and gas sector, which has stymied a five-year federal study."
Source: InsideClimate News, 03/03/2015
100s of Pits Full of Oil Wastewater Discovered in Calif.'s Kern County
"Unbeknown to California officials, oil producers in Kern County have been disposing of chemical-laden wastewater in hundreds of unlined trenches in the ground without proper permits, according to an inventory that regional water officials completed this week."
Source: LA Times, 03/02/2015
PUCO Rejects Deal To Have Ratepayers Subsidize a Coal-Fired Power Plant
"The Public Utilities Commission of Ohio made history Wednesday in a ruling refusing to allow AEP Ohio to saddle ratepayers with extra charges to subsidize the continued operation of a 1950s-era coal-fired power plant that it owns along with FirstEnergy and other state utilities."
Source: Cleveland Plain Dealer, 02/27/2015
"Shell Shelves Plan for Tar Sands Project in Face of Low Oil Prices"
"Shell has shelved plans for a major new tar sands mine in Canada, the largest project yet to fall victim to low oil prices."
Source: Guardian, 02/26/2015
Groups FOIA Federal Rules for Allowing Petroleum Export Ban Exceptions
For decades, U.S. politicians have made energy independence a patriotic platitude — with one result being a ban on exporting crude oil produced in the U.S. Now some oil companies are getting exceptions to the export ban for a product called "condensate," and the Commerce Department won't say why. So a coalition of environmental groups have filed a Freedom of Information Act request to find out.
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Is Your Audience in an Oil Train Blast Zone?
After a February 16, 2015, oil train derailment and explosion in West Virginia, new concerns have arisen over the public's right to know about the dangers oil trains pose to communities. Now trackside communities have some data and maps to help them protect themselves. Image: AP Photo/ Office of the Governor of West Virginia, Steven Wayne Rotsch.
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"Oil Refinery Strike Spreads Across US"
"An oil refinery strike continues to spread across California, Texas, and elsewhere across the US. It is now the largest US oil refinery strike in nearly 35 years."
Source: Christian Science Monitor, 02/25/2015
"A Whale of a Fight Is Brewing Over Atlantic Coastal"
"Oil and gas companies hoping to drill in the Atlantic Ocean will have to contend with a new federal proposal to declare waters off the Carolinas and Georgia as critical for endangered whales."
Source: McClatchy, 02/25/2015
"E.P.A. Issues Stiffer Rules on Vehicle Fuel Ratings"
"After two years of imposing increasingly stiff penalties on automakers that overstate their fuel economy ratings, federal regulators on Monday said they would tighten guidelines used in determining the mileage advertised to consumers."
Source: NY Times, 02/25/2015
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