Capitol Hill Buzz: GOP lawmaker looks to impeach EPA chief
WASHINGTON (AP) — A Republican lawmaker says the head of the Environmental Protection Agency should be impeached.
ENERGY (MSM)
Environmental groups appeal $225 million Exxon settlement
Four environmental groups want an appeals court to let them intervene in New Jersey Gov. Chris Christie’s $225 million settlement with Exxon Mobil over contaminated sites across the state. New Jersey Sierra …
New Mexico governor unveils new state energy plan
Oil and natural gas won’t be the only game in town under a new state energy policy unveiled Monday by Republican Gov. Susana Martinez. “New Mexico is one of the most energy-rich and energy-diverse …
EPA taking comments on plan to dismantle dredging facility
Federal regulators have released their plan for how General Electric will dismantle the facility that treats contaminated sediment from the Hudson River. GE expects to finish its sixth and final year of …
Netflix users take on Chicago, Trump on CEO pay, and gas prices plunge
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
The Upside of Falling Energy Prices
The markets are heaving over fears of a China-fueled global slowdown, but for consumers there’s good news here: They will be paying less as a percentage of disposable income for their energy than they did in 1960. This year, American households are expected to pay an estimated $700 less on average for energy expenditures than in 2014—a windfall that is expected to last through 2016, according to economists at the
U.S. court finds EPA was wrong to approve Dow pesticide harmful to bees
The ruling by the U.S. Court of Appeals for the Ninth Circuit, in San Francisco, is significant for commercial beekeepers and others who say a dramatic decline in bee colonies needed to pollinate key food crops is tied to widespread use of a class of insecticides known as neonicotinoids. Critics say the Environmental Protection Agency is failing to evaluate the risks thoroughly. The lawsuit was filed in 2013 against the
Kuwait signs $385 mn solar energy project
Kuwait signed a contract worth 116 million dinars ($385 million) with Spain’s TSK Group on Thursday for a 50 megawatt solar energy project as part of its renewable energy drive. Electricity and Water Minister Ahmad al-Jassar told reporters the target is to produce 4,500 megawatts from solar and wind energy by 2030 when demand is expected to rise to 30,000 megawatts from the current 12,000 megawatts. The latest project is
Cloud storage company Box raises full-year forecast for second time
(Reuters) – Cloud storage provider Box Inc reported a better-than-expected rise in quarterly revenue and raised its full-year revenue forecast for the second time as more customers subscribed to its content-sharing platform. Box expects full year revenue of $295 million to $297 million, up from $286 million to $290 million, it said in a statement on Wednesday. Analysts on average were expecting revenue of $289.6 million, according to Thomson Reuters
U.S. Sen. Heitkamp of North Dakota won't run for governor
By Ernest Scheyder WILLISTON, N.D. (Reuters) – Senator Heidi Heitkamp of North Dakota, a moderate Democrat, said on Wednesday she will not run for governor of the second largest oil-producing state, preferring to work in the Senate to end the U.S. ban on crude exports and shape other energy policies. The decision marks a victory for national Democrats, who had feared Heitkamp’s entry into the gubernatorial race would complicate efforts