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  • *At the lower end of a 6 bln- 18 bln euro range. Utilities will be asked to pay 23.3 billion euros into a state fund to cover the costs of nuclear waste storage, members of a commission tasked with securing funds needed for Germany's nuclear exit told Reuters on Wednesday. In exchange, Germany's "big four" energy firms- E.ON, RWE, EnBW and Vattenfall- will be able to shake off...

  • *At the lower end of a 6- 18 billion euro range. This would be a surcharge of about 6 billion euros on 17.2 billion euros in storage provisions that Germany's big four utilities- E.ON, RWE, EnBW and Vattenfall- have set aside so far. Shares in E.ON and RWE rose on the news and were up 3.1 percent and 2.8 percent, respectively as the surcharge is at the lower end of a 6- 18 billion...

  • BERLIN, April 26- German utilities should be allowed more time to pay a surcharge of some 7 billion euros for the storage of nuclear waste from decommissioned plants, a member of the nuclear commission said on Tuesday. "Our proposal is that the utilities pay the surcharge when they start making money again," Juergen Trittin, a co-head of the government-appointed...

  • BERLIN, April 26- German utilities should be allowed more time to pay a surcharge of some 7 billion euros for the storage of nuclear waste from decommissioned plants, a member of the nuclear commission said on Tuesday. "Our proposal is that the utilities pay the surcharge when they start making money again," Juergen Trittin, a co-head of the government-appointed...

  • PIERRE, S.D.— Organizers of a federal effort to assess whether nuclear waste can be stored in 3- mile-deep holes are trying to better explain their intentions to South Dakota residents after getting rebuffed in North Dakota over concerns that waste might eventually be stored there. Organizers are planning at least two open meetings in Spink County near the end...

  • WASHINGTON, April 20- A group of 66 companies have agreed to clean up contaminated groundwater at a Superfund site in Whittier, California, the U.S. government announced on Wednesday. The settlement requires the companies to spend an estimated $70 million to install wells and operate a groundwater treatment system at the Omega Chemical Corporation site, the...

  • Making money from waste

    Tom Szaky, CEO and Founder of TerraCycle, Inc., talks about the costs of recycling and waste management, as well as his goal to recycle just about everything.

  • *Brussels bombers at first eyed nuclear plant- media. PARIS/ FRANKFURT, March 30- Metre-thick concrete walls and 1950 s-style analog control rooms help protect nuclear plants from bomb attacks and computer hackers, but Islamist militants are turning their attention to the atomic industry's weak spots, security experts say. Concerns about nuclear terrorism...

  • SHANGHAI, March 23- The World Bank has approved a $500 million loan to China to support financing of projects to help control air pollution in and around Beijing. The money will help companies in Beijing, Hebei, Tianjin and neighbouring areas that are taking action to tackle air pollution under a prevention and control plan adopted by China's cabinet, the State...

  • MEXICO CITY, March 16- Mexican President Enrique Pena Nieto on Wednesday urged state and federal authorities to take measures to control air pollution, after the government declared an environmental emergency earlier this week due to severe air contamination. The government of Mexico City, which is home to over 20 million people, driving five million cars,...

  • Chief Justice John Roberts denied a petition made last week by the states, led by Michigan, to put the rule on hold after a federal appeals court decided in December to leave it intact while the EPA reassessed costs of implementing the regulation. The Supreme Court ruled last June that the EPA should have considered compliance costs when it decided to limit...

  • BRASILIA/ RIO DE JANEIRO March 2- Mining company Samarco and its owners, BHP Billiton and Vale SA, reached a deal with the Brazilian government on Wednesday to pay an estimated 20 billion reais in damages over 15 years for a deadly dam spill in November. Considered Brazil's worst environmental disaster, the burst tailings dam in the state of Minas Gerais killed 19...

  • BRASILIA/ RIO DE JANEIRO March 2- Mining company Samarco and its owners, BHP Billiton and Vale SA, reached a deal with the Brazilian government on Wednesday to pay an estimated 20 billion reais in damages over 15 years for a deadly dam spill in November. Considered Brazil's worst environmental disaster, the burst tailings dam in the state of Minas Gerais killed 19...

  • *Nuclear exit costs could soar to 56 bln euros. FRANKFURT, Feb 23- When Germany committed itself five years ago to phasing out nuclear power by 2022, there was one big gap in its plans-- what to do with the waste that can remain toxic for hundreds of thousands of years. Local opposition has ruled out turning an interim waste storage site in salt formations in the small...

  • BERLIN, Feb 22- Germany is willing to shield its utility companies from the risk of rising costs linked to the country's nuclear exit, according to a draft report from a government-appointed committee seen by Reuters on Monday. The report recommends that Germany's "big four" utilities-- E.ON, RWE, EnBW and Vattenfall-- transfer the provisions set aside to pay for...

  • The challengers say the EPA has no authority under the 1970 Clean Air Act to expand its regulation of power plants outside the facilities themselves. Jeff Holmstead, a lawyer representing the coal industry in the legal challenge, said that the provision of the Clean Air Act the EPA is focusing on has only been used previously to set air pollution standards for...

  • Feb 10- Waste collection company Advance Disposal Services Inc has decided to delay a $471 million initial public offering that was scheduled to price on Wednesday, due to stock market volatility, people familiar with the matter said. Airport restaurant operator OTG EXP Inc, which had been looking to raise as much as $585 million in its IPO, announced its...

  • *China needs top notch waste management technology. FRANKFURT, Feb 4- Beijing Enterprise is buying German waste management company Energy from Waste for 1.4 billion euros as China sets about tackling its pollution and waste recycling problems. China set a target to spend about $16 billion between 2013 and 2016 to improve sewage disposal and garbage treatment...

  • *China needs top notch waste management technology. FRANKFURT, Feb 4- Beijing Enterprise has struck a deal to buy German waste management company Energy from Waste for 1.4 billion euros as China sets about tackling its huge problems with pollution and recycling more of its waste. China set a target to spend about $16 billion between 2013 and 2016 to improve...

  • LONDON, Feb 2- China's capital has become notorious for its smog but the biggest contributors to local air pollution are industrial furnaces, district heating systems, residential fires and trucks rather than power plants. In 2013, the air over Beijing contained an average of 88 micrograms of PM2.5 per cubic metre, compared with just 14-16 micrograms in the air...