EcocentricOil
I’ve already asked whether President Obama’s deepwater drilling moratorium is a smart policy, given the fact that it won’t do much unless we attack oil demand at the source. But I still thought that a temporary timeout for certain sorts of deepwater drilling made sense. The Deepwater Horizon accident proved not just that well blowouts …
EcocentricOil
Frustrated twice by the federal courts—which had overturned his original temporary moratorium on deepwater drilling—President Obama Monday evening decided to do what most of us have probably wanted to do when denied by someone in a position of authority: he went ahead anyway. (Sometimes it’s good to be President.) Interior Secretary …
EcocentricOil
Government lawyers will be in a federal appeals court in New Orleans today, fighting to reinstate a six-month moratorium on deepwater drilling. The temporary ban—put in place by President Obama after the BP spill to give a presidential commission time to reevaluate the safety of deepwater drilling—was overturned last month by a …
EcocentricPolitics
Other than maybe Jason in Friday the 13th, nothing has supposedly died and come back to life more often than climate legislation and carbon cap-and-trade. A year ago, thanks in part to fierce opposition from business interests led by the Chamber of Commerce, the cap-and-trade bill cosponsored by Henry Waxman and Edward Markey just barely …
EcocentricOil
Almost exactly a week ago, executives from the major international oil companies stood before Congress for questioning. They defended the oil industry’s record on offshore drilling and distanced themselves from BP and its mistakes. But on one area they had to admit defeat. After Representative Edward Markey of Massachusetts showed copies …
EcocentricOil
During his Oval Office speech last night, President Barack Obama told the American people that he would be meeting with the chairman of BP on Wednesday and that Obama would “inform him that he is to set aside whatever resources are required to compensate the workers and business owners who have been harmed as a result of his company’s …
EcocentricPolitics
The reaction among environment writers—and political ones, for that matter—on Obama’s speech was almost uniformly negative. (David Roberts at Grist, who noted that Obama at least took energy efficiency seriously, has a good roundup.)
But I thought Bradford Plumer at the New Republic put his finger on why not just Obama’s reaction, …
EcocentricOil
It may be time to bury cap-and-trade.
Speaking in his first prime-time televised address from the Oval Office, President Barack Obama hit a range of topics. He promised the people of the Gulf Coast, and the rest of the country, that his Administration would do whatever it took to fight the BP oil spill—while warning us that it would …
EcocentricOil
A new report from the government’s Flow Rate Technical Group, charged with clocking the speed of the Gulf oil leak, has just been released and it’s not good: the new estimate is 35,000 to 60,000 barrels a day. That’s a significant increase from the most recent count, nearly a week ago, which put the leak at between 20,000 and 40,000 …
EcocentricPolitics
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 …
