Home

May 16, 2008

Renewable Energy Tax Bill Advances in U.S. House (Reuters)

Legislation that would extend about $54 billion of expiring tax credits for renewable energy has passed the House Ways and Means Committee by a vote of 25 to 12.

Farm Bill, Facing Veto, Goes to Bush (NYT)

The Senate on Thursday approved a five-year, $307 billion farm bill with wide bipartisan support, virtually sealing President Bush’s defeat in a battle over agriculture policy.

Coal, Gas Interests Behind Fight Against Cape Wind? (Boston Globe)

A new lobbying firm for the group opposing a wind farm off Cape Cod has filed a federal document reporting that its work is being partially funded and shaped by a global fossil fuel company.

Pickens' Mesa Power Orders GE Wind Turbines (Reuters)

Oil tycoon T. Boone Pickens has ordered 667 wind turbines from GE as part of the $2 billion first phase of his planned Texas wind farm. The order was the world's largest for a single-site wind power development.

Prius Sales Top 1 Million. Want One? Better Move Fast (Wired)

Toyota has announced that worldwide sales of its Prius hit over 1 million last month -- after sales jumped 67% amid record gas prices.

Coal Plant Pollution Threatens U.S. Parks (Reuters)

US regulators are proposing to weaken air quality laws, which would allow new coal-fired power plants to pollute American parks from Shenandoah in Virginia to the Great Basin in Nevada, a new report has said.

Kyoto Carbon Trade Hits 1 million Tons a Day (Reuters)

The European Climate Exchange (ECX) has announced that its futures trade in carbon emissions credits from developing countries has hit a million tons a day after launching the contracts in March.