Environment
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SPRINGFIELD, Ill.-- A groundbreaking deal to regulate high-volume oil and gas drilling in Illinois cleared a top House committee Tuesday, setting up a floor vote on a measure that supporters say would bring tens of thousands of jobs to struggling areas in the southern part of the state. "I live in southern Illinois. I drink the water in southern Illinois.
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WASHINGTON, May 21- The White House has threatened to veto legislation pending in the U.S House of Representatives that could strip from President Barack Obama the authority to approve the controversial Keystone XL pipeline.
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And a key negotiator for the European Union's Executive Commission, focus of anger from many other countries over its emissions trading scheme, said she hoped a road map towards a pact would be agreed by this autumn.
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May 21- Florida's Miami-Dade County on Tuesday promised to spend $1.6 billion on fixes for its dilapidated, accident-prone sewer system in a deal meant to settle a lawsuit with federal and state environmental officials.
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LONDON, May 21- U.S. farmers are withdrawing unsustainable volumes of groundwater to irrigate their crops, resulting in an accelerating decline in aquifers across the central and western United States, according to a new report by the U.S. Geological Survey.
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LOUISVILLE, Ky.-- A longtime coal operator plans to open seven mines in the heart of the eastern Kentucky coalfields in a venture expected to create more than 250 jobs in a hard-pressed region where several thousand mining jobs have disappeared in recent years.
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The population of the fox dropped to an all-time low of just 70 animals on Santa Cruz Island in 2000 before rebounding to 1,300 foxes now, said Yvonne Menard, a spokeswoman for the National Park Service.
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Violent tornadoes are moving through Oklahoma, and there is widespread damage, with CNBC's Tyler Mathisen.
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SANTIAGO, May 20- Banco de Chile, the country's leading lender, is tempering its enthusiasm for the small, export-dependent economy as it sees signs of a slowdown in demand for corporate and consumer loans, its chief executive said.
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LONDON, May 20- Petroleum coke piled up along the banks of the Detroit River has sparked a storm of protest from local residents and environmental campaigners, who claim they are just one more problem associated with the bituminous tar sands being mined in western Canada.
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LOS ANGELES, May 20- In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp..
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WATFORD CITY, North Dakota, May 19- In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, and water is for fighting." It's not that they lack water, like Texas and California.
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*EU emissions trading provoked ire from U.S., China, others. The scheme had pitted European states against China, the United States, India and others, who said it violated their sovereignty.
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Paul Simpson, CEO of CDP, tells CNBC companies will now have to measure their greenhouse gas emissions globally and report them in the annual report.
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DES MOINES, Iowa-- A proposal to increase the state fuel tax by 10 cents has resurfaced in the Iowa House. Josh Byrnes, R- Osage, filed an amendment to a bill Thursday that would gradually increase the state fuel tax by 10 cents, though the measure awaits floor debate in the Iowa House.
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LONDON, May 17- European policymakers face a difficult decision on building carbon capture and storage- saving money in the long run requires spending more upfront. CCS captures carbon dioxide emissions from a fossil fuel power plant and then pipes it to an underground storage site such as a depleted gas or oil reservoir.
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LONDON, May 17- Budgets are made to be broken- especially when they are written by politicians. The shares of petroleum and mining companies listed on New York, London and other stock exchanges value them as if all these resources will be extracted and burned.
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SAYREVILLE, N.J.-- Some 350 homeowners in the central New Jersey towns of Sayreville and South River whose properties have flooded repeatedly will be eligible to sell their homes in the first phase of a new federally funded buyback program, Gov.
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William Happer, Princeton University professor, argues that rising carbon dioxide emissions are weakly linked to global warming and could actually increase agricultural productivity.
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WASHINGTON, May 16- The Obama administration on Thursday unveiled a new proposal for regulating hydraulic fracturing on federal lands, seeking to advance public safety protections while still addressing concerns the rules would be too burdensome for producers.