Author Archive

Obama 2016 budget urges U.S. states to cut emissions faster

Reuters: President Barack Obama's fiscal 2016 budget proposes $7.4 billion to fund clean energy technologies and a $4 billion fund to encourage U.S. states to make faster and deeper cuts to emissions from power plants, officials told Reuters. Obama's budget, which will be published later on Monday, also calls for the permanent extension of the Production Tax Credit, used by the wind industry, and the Investment Tax Credit, used by the solar industry, the officials said. Obama has made fighting climate...

Politics, legacy loom over Obama decision on Keystone XL pipeline

Reuters: President Barack Obama will lay out an agenda on jobs, the economy and the environment during his State of the Union speech on Tuesday. But he is unlikely to mention the Keystone XL oil pipeline, a politically charged project that could shape his legacy in each area. Some five years after Keystone XL was proposed, Canadian officials, Republicans and some Democrats in conservative U.S. states are expressing frustration over the lack of a decision by the White House on the initiative. The TransCanada...

Obama set to reject Keystone oil pipeline: sources

Reuters: The Obama administration was poised on Wednesday to reject the Keystone crude oil pipeline, according to sources, a decision that would be welcomed by environmental groups but inflame the domestic energy industry. Sources familiar with the matter told Reuters the administration could announce its rejection of TransCanada's Keystone XL pipeline late on Wednesday. But State Department spokeswoman Victoria Nuland said later that it has not made a decision on the proposed pipeline. TransCanada...