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Weather Environment


  • Energy Bill Stalls as Democrats Seek Compromise Friday, 7 Dec 2007 | 4:37 PM ET
    A cluster of windmills of the north side of Mars Hill Mountain is seen Sunday, Jan. 21, 2007, in Mars Hill, Maine. Maine land use regulators took a big step Wednesday, Jan. 24, 2007, toward denial of proposed wind project in Reddington Township, citing concerns about its visual impact. (AP Photo/ Robert F. Bukaty)

    Senate Democrats searched for a compromise on energy legislation as Republican leaders made clear they will oppose oil industry taxes and a mandate for utilities to use more wind and solar-generated electricity.

  • US House Approves $21.5 Billion Energy Bill; Veto Seen Thursday, 6 Dec 2007 | 3:38 PM ET

    The House of Representatives Thursday passed an energy bill that would boost vehicle fuel economy requirements by 40 percent by 2020, raise ethanol use by five-fold by 2022 and impose $13 billion in new taxes on big oil and gas companies.

  • Drought to Hit Australia Commodity Export Income Wednesday, 5 Dec 2007 | 9:43 PM ET

    Australia cut its official forecast for 2007/08 total commodity export income on Thursday, citing the effects of the worst drought in a century on farming exports as well as a strong Australian dollar.

  • Experts Urge Quick Action on Climate Change Tuesday, 4 Dec 2007 | 12:33 AM ET

    Faced with melting polar ice caps and worsening droughts, climate experts at a massive U.N. conference Monday urged quick action toward a new international pact stemming an increasingly destructive rise in world temperatures. 

  • OPEC November Oil Output Short of Target: Survey Monday, 3 Dec 2007 | 10:53 AM ET

    OPEC oil output fell short of the agreed level in November as field maintenance in the United Arab Emirates blunted the impact of a deal to raise supply, a Reuters survey found on Monday.

  • Bali Talks Seek to Jumpstart Climate Change Fight Sunday, 2 Dec 2007 | 10:58 PM ET

    About 190 nations met on Monday under pressure to sharpen the fight against climate change by involving outsiders such as the United States to China in a long-term U.N.-led pact.

  • Australia's Rudd Sworn in as PM, Vows to Sign Kyoto Sunday, 2 Dec 2007 | 9:03 PM ET

    Australia's Labor leader Kevin Rudd was sworn in as prime minister on Monday, promising to urgently sign the Kyoto Protocol on climate change.  But Rudd said that the country was likely to miss its Kyoto target for reducing greenhouse gas emissions by 2012.

  • Chavez Ups The Ante Friday, 30 Nov 2007 | 5:50 PM ET
    Hugo Chavez

    A constitutional referendum in Venezuela on Sunday is expected to significantly consolidate the power of President Hugo Chavez -- paving the way for a lifetime presidency and possibly an era of strong-man socialism -- but is not expected to fundamentally alter economic relations with the U.S., which are dominated by oil trade, analysts said Friday.

  • Betting on an Energy Bonanza Under the Caspian Sea Friday, 30 Nov 2007 | 1:16 PM ET
    Caspian Sea

    Multinational energy companies are looking at opportunities in Turkmenistan, a country of five million people that borders the Caspian Sea and sits on the world’s fourth or fifth largest reserves of natural gas.

  • Consumers Seen Rejecting 'Green Christmas' Trend Thursday, 29 Nov 2007 | 2:40 PM ET

    U.S. retailers may be touting their environmental-friendliness this year, but just about the only "green" in evidence for the holidays is in the usual Christmas decorations.

  • Nuclear Energy Industry Powers Back Up Wednesday, 28 Nov 2007 | 11:52 AM ET
    Nuclear Power Plant

    Nuclear power is making a comeback in the US as the high cost of fossil fuels and concern about global warming make uranium-based generation a more attractive option, but the industry still faces regulatory and financial hurdles as well as lingering doubts about safety.

  • OPEC Worried about Oil Prices, No Hint on Output Wednesday, 28 Nov 2007 | 11:29 AM ET
    Gas prices in the northwest section of the District of Columbia at this Exxon Gas Station are seen at more than $3.25 per gallon, Saturday, May 19, 2007, in Washington. A cash crunch is fast approaching for the government trust fund that pays to build and repair highways and bridges. The federal tax on a gallon of gas has not risen in 14 years and Congress is reluctant to increase it. People are demanding more fuel-efficient vehicles _ less gasoline used, fewer dollars for the fund.   (AP Photo/

    Top Gulf OPEC officials expressed alarm on Wednesday at oil prices threatening to top $100, but reiterated that markets were well supplied and steered clear of saying whether OPEC would raise output next week.

  • US Greenhouse Emissions Fell 1.5% in 2006: EIA Wednesday, 28 Nov 2007 | 10:44 AM ET

    U.S. emissions of the gases blamed for global warming fell 1.5 percent in 2006 on mild weather and increased use of natural gas to generate power and alternative energy, the government estimated on Wednesday.

  • Saudi Oil Minister Confirms Production Boost Tuesday, 27 Nov 2007 | 9:25 AM ET

    Saudi Oil Minister Ali al-Naimi on Tuesday gave no sign whether OPEC would agree this year's second output rise when it meets next week, but confirmed that the kingdom had boosted production to 9 million barrels per day (bpd).

  • Analysts Forecast High Oil Prices in 2008 Monday, 26 Nov 2007 | 7:33 AM ET

    Analysts sharply raised their average forecasts for oil prices next year to a record near $74 a barrel on expectations for a cold winter season, a weakening dollar and an influx of fund money, a Reuters poll showed on Monday.

  • Oil May Hit $100 Next Week Friday, 23 Nov 2007 | 9:18 AM ET

    US crude has been flirting with the $100-a barrel milestone for the past month. It got the market excited on Wednesday, when it briefly surged to a lifetime high of $99.29 a barrel, before settling lower. The market clearly wants to hit the benchmark – and will try again next week.

  • Sarkozy Touts for Deals in China Debut Thursday, 22 Nov 2007 | 11:58 PM ET

    French President Nicolas Sarkozy visits China next week, hoping to capture billions of dollars in energy and aviation deals while taking a tough stand on global currency turmoil.

  • BA, Virgin Atlantic CEOs Support Heathrow Expansion Thursday, 22 Nov 2007 | 9:48 AM ET

    Britain's government unveiled plans to build a third runway at London's Heathrow airport, one of the busiest in the world, to increase its capacity.

  • East Asian Leaders Focus on Free Trade, Emissions Wednesday, 21 Nov 2007 | 12:33 AM ET

    Asian leaders were meeting in Singapore on Wednesday to discuss free trade, financial market stability and cutting greenhouse gases, after a Southeast Asian summit overshadowed by controversy over Myanmar.

  • Australia's AWB Year Profit Down 53% on Drought Tuesday, 20 Nov 2007 | 7:49 PM ET

    AWB, Australia's embattled main wheat exporter, reported a 53 percent fall in full-year net profit on Wednesday, hit by a severe drought, but said the outlook for agribusiness in Australian was positive.