Day: February 20, 2013

Justice Department deal reduces BP’s Deepwater Horizon fine by $3.4bn

“Court reduces company’s maximum fine a week before trial over blowout that dumped millions of gallons of oil into Gulf of Mexico.” Continue reading Justice Department deal reduces BP’s Deepwater Horizon fine by $3.4bn

French utility sues enviro protesters

“The energy company EDF is seeking more than £5m in damages from a group of more than 20 activists who occupied one of its power stations for a week last year, in an action campaigners claim could stifle the right to protest across the country.” Continue reading French utility sues enviro protesters

Indian Point nuke plant shutdown would cost 3,000 jobs & $75 million in lost yearly property taxes

Plus the state wants to spend $300-$800 million on a replacement plan. Continue reading Indian Point nuke plant shutdown would cost 3,000 jobs & $75 million in lost yearly property taxes

Keystone XL will have ‘no impact on climate change’, TransCanada boss says

“”You could shut down oil sands production tomorrow and it would have absolutely no measurable impact on climate change.” Continue reading Keystone XL will have ‘no impact on climate change’, TransCanada boss says

Fossil fuel imports drive Japanese trade deficit

“Japan posted a record 1.63 trillion yen ($17.4 billion) trade deficit in January as rebounding exports lagged behind surging imports of crude oil and gas due to rising prices and the weakening yen.” Continue reading Fossil fuel imports drive Japanese trade deficit