Current:Home > InvestToday’s Climate: May 11, 2010 -DollarDynamic
Today’s Climate: May 11, 2010
View
Date:2025-04-25 22:31:48
Oil Executives Face Congress on Gulf Spill (Reuters)
Big oil will go under the spotlight today when U.S. lawmakers grill top executives on a drilling rig explosion and oil spill that threatens an environmental catastrophe in the Gulf of Mexico.
Nitrogen-Cement Mix Is Focus of Gulf Inquiry (New York Times)
In seeking to narrow the possible causes of the drilling disaster in the Gulf of Mexico, government investigators are focusing on the role of a tricky type of cement used in sealing the lower section of the oil well.
BP Hopes ‘Top Hat’ Will Succeed Where Dome Failed (AFP)
Days after failing to contain the Gulf of Mexico oil spill with a giant dome, BP said it will make a second attempt this week using a smaller version dubbed the "top hat."
Oil Spill Threatens Already Weakened Wetlands (AP)
Battered by hurricanes, weakened by erosion and flood-control projects, the sprawling wetlands that nurture Gulf of Mexico marine life and buffer coastal sites from storm surges now face another stern test as a monster oil slick creeps ever closer.
Deepwater Horizon Rig Owner Had Rising Tally of Accidents (Wall Street Journal)
Nearly three of every four incidents that triggered federal investigations into safety and other problems on deepwater drilling rigs in the Gulf of Mexico since 2008 have been on rigs operated by Transocean, according to a WSJ investigation.
Envoy: U.S. May Have No Climate Bill by Cancun Talks (AP)
Washington’s special climate envoy conceded Monday the U.S. may not have a climate bill in place when the next major global warming conference is held in Mexico late this year, but insisted the legislation is not crucial to those talks.
Senate Might Take Up ‘Smaller’ Energy Bill This Year, Reid Says (Bloomberg)
Legislation to cap GHG emissions from industrial polluters may be set aside this year in favor of a measure that ramps up electricity production from renewable sources, Senate Majority Leader Harry Reid said.
Obama Wants to Beef Up Law on Oil Spill Damage Cap (Reuters)
Pres. Obama wants his administration to send legislation to Congress to toughen U.S. law on caps for damages from oil spills, the White House said on Monday.
Supreme Court Pick Seen as ‘Thoughtful’ About Enviro Law, but Views on Issues Are a Mystery (Greenwire)
Elena Kagan, Pres. Obama’s Supreme Court nominee, appears to favor deference to presidential authority — a stance that would have different effects depending on the administration in power but could result in more expansive environmental regulation.
Green Groups Challenge New Coal Plants in Georgia (AP)
Environmental groups filed new challenges Monday in hopes of blocking a $2 billion plan to build the state’s first new coal plant in more than two decades in southwest Georgia and a separate project for the central part of the state.
TransCanada Makes Case for Bigger Loan Guarantee (Reuters)
TransCanada Corp’s top Alaska official said on Monday that an expanded federal loan guarantee is critical to the success of a huge North Slope natural gas pipeline that state, federal and industry officials have promoted for decades.
Report: Climate Change Could Render Much of World Uninhabitable (USA Today)
A worst-case scenario of global warming, in which temperatures would soar some 21 degrees, is that much of the world may become too hot for humans to live in, according to new research published last week in the Proceedings of the National Academy of Sciences.
U-Va. "Exploring Options" on Cuccinelli Climate Change Subpoena (Washington Post)
The University of Virginia is "exploring options" in responding to the civil investigative demand issued by AG Ken Cuccinelli (R), seeking documents related to the work of climate scientist and former university professor Michael Mann, a university spokeswoman said.
Arab World ‘To Remain Key Global Energy Source’ (AFP)
Arab countries will remain the world’s main energy supplier for decades to come, with more than half of proven global oil reserves, speakers at an Arab energy conference in Doha said on Monday.
Samsung Outlines $20.6 Billion Investment Plan (AP)
Samsung said Tuesday it plans to invest $20.6 billion over the next decade in technologies including solar cells and medical devices, aiming to boost sales and increase its work force by tens of thousands.
UN: Planet Falling Short on Goals to Preserve More Species (AP)
Far too many of the world’s plants and animals — and the wild places that support them — are at risk of collapse, a UN report finds, despite a global goal set in 2002 for major improvement by this year.
veryGood! (77)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Verizon to buy Frontier Communications in $20 billion deal to boost fiber network
- The Toronto International Film Festival is kicking off. Here are 5 things to look for this year
- NBA legend Charles Barkley promises $1M donation to New Orleans school
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Linkin Park announces first tour since Chester Bennington's death with new female singer
- Christina Hall Stresses Importance of Making Her Own Money Amid Josh Hall Divorce
- Maine law thwarts impact of school choice decision, lawsuit says
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Courtroom clash in Trump’s election interference case as the judge ponders the path ahead
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Atlantic City’s top casino underpaid its online gambling taxes by $1.1M, regulators say
- Taylor Swift hasn't endorsed Trump or Harris. Why do we care who she votes for?
- Inside Katy Perry's Dramatic Path to Forever With Orlando Bloom
- Current, future North Carolina governor’s challenge of power
- Suspect charged with murder in the fatal shooting of a deputy in Houston
- Get a student discount for NFL Sunday Ticket on YouTube TV: Here's how to save $280 or more
- Trailer for 'A Minecraft Movie' starring Jack Black, Jason Momoa receives mixed reactions
Recommendation
Don't let hackers fool you with a 'scam
Ticketmaster’s pricing for Oasis tickets is under investigation in the UK
An ex-Mafia hitman is set for sentencing in the prison killing of gangster James ‘Whitey’ Bulger
Group Therapy Sessions Proliferate for People Afflicted With ‘Eco-Distress’
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Will Taylor Swift show up for Chiefs’ season opener against the Ravens on Thursday night?
Matthew McConaughey's Son Levi Proves He's Following in His Dad's Footsteps With First Acting Role
Ugandan Olympic athlete Rebecca Cheptegei dies after being set on fire by ex-boyfriend