ENERGY (MSM)

Canada reviews Arctic drilling plan as industry seeks concessions

By Mike De Souza CALGARY, Alberta (Reuters) – Canada’s Conservative government is studying whether to extend Arctic drilling licenses, a move that could open the door to relinquishing millions of dollars in deposits paid by major energy companies. The government review began after Imperial Oil Ltd said last month it and partners Exxon Mobil Corp and BP Plc needed more time before they can drill an exploratory well in the

Clinton aims high in green energy plan

DES MOINES, Iowa (AP) — Calling climate change one of the “most urgent threats of our time,” Hillary Rodham Clinton laid out elements of a sweeping plan Monday that would see every U.S. home powered by renewable energy by 2027, even as she declined to take a position on the Keystone XL oil pipeline opposed by environmental activists.

Mafia and multinationals milk Italy's green energy boom

Famed for its lush plains and emerald waters but racked by poverty and unemployment, Sardinia has jumped at the chance to boost the economy by converting its long months of sunshine into green energy. In Sardinia’s northwest, the crop from purple and golden fields of thistles and sunflowers is used to generate biomass energy, while on the rolling hills in the island’s centre, towering white turbines spin gently in the

France considers extending green energy tax: paper

The French government is considering a reform of the tax levied on power bills to fund renewable energy that would see it extended to natural gas and road fuels, the Journal du Dimanche newspaper said on Sunday. Citing sources at the energy ministry, the paper said the government wanted to cut the CSPE tax, which accounts for about 15 percent of households’ electricity bills and spread the 6 billion euros

Senators unveil wide-ranging energy bill

Modernizing the electric grid and the emergency petroleum reserve were the cornerstones of a bill unveiled by leaders of the Senate energy committee on Wednesday, showing cross-party consensus on some issues, but the lawmakers failed to agree on whether to repeal the ban on U.S. oil exports. The Energy Policy Modernization Act marks a moment of limited agreement between Republican Senator Lisa Murkowski, of Alaska, and Democrat Senator Maria Cantwell