The Obama administration’s upcoming greenhouse gas rules are gaining acceptance from an unlikely quarter — power companies — and splitting the energy industry’s normally unified opposition to new limits.
Dozens of Democratic lawmakers on Wednesday exhorted their colleagues to address climate change, with some blaming oil companies and big money for blocking substantive action to rein in greenhouse gas emissions and set a price on carbon.
U.K. ministers should accelerate funding for carbon-capture and storage projects by Drax Group Plc and SSE Plc to kick-start a technology that’s vital for climate protection, a panel of lawmakers said.
The “safety first” message extends – at least in theory – out to the field, where every new engineer and roughneck is constantly told “there’s no such thing as a small incident”, or “if you can’t do it safely, it’s not worth doing”.
The Interior Department’s BLM is counting on Congress to approve a budget request that would allow it to use $10 million raised from fees charged to oil and gas companies to pay for high-priority inspections.
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