Energy

EPA Says Senate Climate Bill Won’t Be Costly

While the Socratic exercise that is the House hearings on Big Oil go on—and on, and on—this afternoon, it’s not the only piece of energy and environmental news today. The Environmental Protection Agency released today its preliminary economic analysis of climate and energy bill co-sponsored by Senators John Kerry and Joseph …

Could the BP Oil Spill Help the U.S. Get Beyond Petroleum?

Though you wouldn’t know it from the words chosen by angry American politicians—who can’t stop talking about the company’s Englishness—BP’s name doesn’t actually stand for British Petroleum anymore. The name was changed back in 2001, a few years after what was then British Petroleum—which in its early years had been the British …

Thinking Outside the Box on the Oil Spill

If there were ever a time and place for “so crazy it might just work” ideas, it’s the Gulf of Mexico oil spill. More than 50 days after the Deepwater Horizon exploded, the finest minds in the offshore oil industry are still trying to figure out a way to plug the leak for good. Even as the joint BP/government brain trust in Houston …

Meanwhile, in Greenland

While the world can’t take its eyes off the slow motion train wreck in the Gulf, environmentalists and politicians in more northerly climes are getting increasingly cold feet about plans for offshore drilling in their own icy waters.

Canada’s Environment Minister Jim Prentice plans to station a supervisor on an upcoming drilling …

BP Mendacity Watch: #1

From the beginning of the Gulf of Mexico oil spill, there have been questions over just how much crude really is bleeding out of BP’s well. The first figure—supplied by the company—was 1,000 barrels a day. The government later upped that to 5,000 barrels, a number that stood despite the skepticism of a raft of outside experts. …

Obama Gets Tough(er) on BP

From the beginning of the Gulf of Mexico oil spill—which has now resulted in at least 50 million gallons oil spewing into the ocean, if not far more—President Barack Obama has been in an awkward position. The energy giant BP is financially responsible for the spill, but it is also the only company that has the technology, expertise …

America’s Oil Bender

It’s axiomatic in the recovery field that addicts don’t get better until they hit bottom. For some, the bottom is shallow—a single DWI may be enough. Others sink much deeper, sobering up only after years of lost jobs, busted relationships and wrecked cars.

The U.S.—famously addicted to fossil fuels—has been struggling for …

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