BP has agreed to pay a record $18.7 billion to settle the federal and state claims against it for its role in the Deepwater Horizon oil spill, sidestepping years of litigation with a promise to pour funds for nearly two decades into efforts to repair vast environmental damage in the Gulf region.
SandRidge, the Oklahoma City-based producer, had about 90 percent of its oil and natural gas liquids output hedged in early 2015, according to a regulatory filing. Next year, the hedges cover less than a third.
A high level of wind and solar use would not increase costs or emissions from power plants that have to start and stop frequently to balance the grid, according to a study from the National Renewable Energy Laboratory.
Existing coal-fired power plants won’t be required to install equipment to capture and store the carbon dioxide they emit under new Environmental Protection Agency rules, the regulator’s top EPA official said.
A former U.S. nuclear regulatory chief said Tuesday that leaks of contaminated water at the crippled Fukushima plant had been known since early in the crisis and have worsened because Japan acted too slowly.
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