Current:Home > MarketsToday’s Climate: May 28, 2010 -Wealth Nexus Pro
Today’s Climate: May 28, 2010
View
Date:2025-04-11 12:46:07
U.S. Climate Bill Seen Unlikely in 2010 (Reuters)
Senators are unlikely to pass legislation to tackle global warming this year as the time remaining to do so runs out, a panel of experts said on Friday at a carbon conference.
China May Start State-Guided Carbon Market by 2014, Feng Says (Bloomberg)
China will likely set up a domestic market for trading carbon emissions by 2014 and hand companies "half-mandatory" targets for limiting their greenhouse gases, said a government official who oversees climate change issues.
Gulf Coast Awaits Word that Oil Flow Has Stopped (Reuters)
It could be late Friday or over the Memorial Day weekend before the world knows if BP’s latest effort has succeeded in stopping the surge of oil in the Gulf of Mexico that has already surpassed the Exxon Valdez disaster as the biggest oil spill in U.S. history.
Head of Minerals Management Service Leaves Post (CNN)
Minerals Management Service (MMS) Director Elizabeth Birnbaum resigned Thursday as head of the Interior Department’s scandal-plagued MMS, the department’s chief said. Two sources told CNN that Birnbaum had been fired.
Obama Heading to Louisiana for Oil Spill Update (AP)
A day after saying "I take responsibility" for the biggest oil spill in U.S. history, Pres. Obama was heading to coastal Louisiana for an update on the effort to stop the damaging flow of crude into the Gulf of Mexico.
Barton, Industry Groups Slam White House Oil Drilling Pullback (The Hill)
A senior Republican and several industry groups are bashing the White House’s decision to extend a ban on new deepwater drilling in the Gulf of Mexico, delay an offshore project in Alaska and cancel some upcoming lease sales.
Offshore Moratorium Won’t Affect Gulf Wells Already Producing Oil (McClatchy Newspapers)
The extension of a moratorium on offshore drilling in the Gulf of Mexico will not affect 591 deepwater wells that are already producing oil and gas, Interior Secretary Salazar said Thursday, nor will it affect the operations of 4,515 producing wells in relatively shallow waters.
Halt in Offshore Drilling Cuts Funds for Virginia’s Transportation Projects (Washington Post)
There will be no offshore rigs, no new oil industry jobs and no additional money for road and rail projects in Virginia after Pres. Obama’s announcement Thursday to halt offshore drilling plans.
Consumers Energy Delays Michigan Coal Plant (AP)
Consumers Energy on Thursday put on hold its plans to build a new coal-fired power plant in Michigan’s Bay County, saying "the current timetable for the new unit isn’t consistent with today’s market conditions."
Southern Co Unit to Build Mississippi Coal Plant (Reuters)
Southern Co’s Mississippi Power unit will move forward to build an advanced coal-fired power plant after state regulators loosened financial restrictions that the company said earlier would kill the project, the utility said on Thursday.
U-Va. Goes to Court to Fight Cuccinelli’s Subpoena of Ex-Professor’s Documents (Washington Post)
Virginia’s flagship university went to court Thursday to fight an effort by Virginia Attorney Gen. Ken Cuccinelli II (R) to get documents from a former climate scientist at the school, an unusual confrontation that will test the bounds of academic freedom.
Novozymes Sees China’s Commercial Cellulosic Ethanol in 2013 (Reuters)
The world’s top industrial enzymes producer, Novozymes A/S, said on Friday that it expects China to launch its first commercial cellulosic ethanol facility by 2013.
veryGood! (1779)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- Jurors will begin deciding how much Giuliani must pay for lies in a Georgia election workers’ case
- Andre Braugher died of lung cancer, publicist says
- Ohio clinics want abortion ban permanently struck down in wake of constitutional amendment passage
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- The Sweet Way Kourtney Kardashian and Travis Barker Are Incorporating Son Rocky Into Holiday Traditions
- NFL standout is a part-time 'gifted musician': How Eagles' Jordan Mailata honed his voice
- Family of woman who died in freezer at Chicago-area hotel agrees to $6 million settlement
- Current, future North Carolina governor’s challenge of power
- How Shohei Ohtani's contract compares to other unusual clauses in sports contracts
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Behind the sumptuous, monstrous craft of ‘Poor Things’
- U.S. terrorist watchlist grows to 2 million people — nearly doubling in 6 years
- 515 injured in a Beijing rail collision as heavy snow hits the Chinese capital
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- An appeals court will hear arguments over whether Meadows’ Georgia charges can move to federal court
- COP28 climate summit OK's controversial pact that gathering's leader calls historic
- COP28 climate summit OK's controversial pact that gathering's leader calls historic
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
JetBlue pilot says he took off quickly to avoid head-on crash with incoming plane: I hope you don't hit us
Catholics in Sacramento and worldwide celebrate Day of the Virgin of Guadalupe
This holiday season, protect yourself, your family and our communities with vaccines
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Asha traveled over 100 miles across state lines. Now, the endangered Mexican wolf has a mate.
Weird, wild and wonderful stories of joy from 2023
Jill Biden releases White House Christmas video featuring tap dancers performing The Nutcracker