Under President Obama’s second term, energy industry officials and analysts are keen on the Administration’s priorities for the energy sector, envisioning regulatory reforms and policies to advance the nation’s energy and economic security. Key areas to watch include Keystone XL Pipeline talks, recognizing the primacy of states in regulating oil and natural gas development, and…...
Sequestration refers to a package of automatic $1.2 trillion across-the-board spending cuts that is a part of the 2011 Budget Control Act (BCA), passed in August 2011. The spending cuts would affect some 1200 government programs, including those that fund energy research and development initiatives. The cuts are scheduled to begin on January 2, 2013…...
Homes with Energy Star certification represented 26 percent of new buildings in the U.S. in 2011, according to a report released by Energy Information Administration (EIA) on October 16, 2012. Announcing the first Energy Star Day on October 10, 2012, the Environmental Protection Agency (EPA) stated that the 20-year-old program has helped American consumers save…...
A new report from Brattle Group released on October 1, 2012 projects that as much as 77 GW of coal power could retire in the next five years, driven mainly by lower natural gas prices, despite a less restrictive regulatory atmosphere than previously envisioned. The report, which is an update on Brattle Group’s 2010 study,…...
According to a report released by Massachusetts Institute of Technology (MIT) on August 27, 2012, applying a carbon tax at the rate of $20 per ton in 2013 and increasing it by four percent per year can raise $1.5 trillion over a span of 10 years. The report, which comes at a time when Congress…...
According to an announcement from the Department of Energy (DOE), Energy Secretary Steven Chu convened a group of technical experts on August 2, 2012 to review the Waste Treatment Plant (WTP) at Hanford Site, in order to assess its capability to detect and rectify equipment failure inside the plant’s black cells. Due to high levels…...
Congressional leaders and federal regulators are devising new ways to encourage anti-idling technologies that eliminate overnight idling by heavy duty diesel trucks, including Truck Stop Electrification (TSE). Every day, over 500,000 long-haul trucks crisscross the United States. Truckers are required to take a ten-hour rest after every eleven hours of driving, often using truck engines…...