• ABUJA, Nov 26- Nigeria's National Assembly said on Wednesday oil major Shell should pay $3.96 billion for a 2011 spill at its offshore Bonga oilfield in the latest assessment of damage to the environment. The parliament finally reached a decision based on the report of the National Oil Spill Detection and Response Agency, which previously recommended a fine of...

  • EPA chief unfazed by mercury limit court challenge Wednesday, 26 Nov 2014 | 12:07 PM ET

    WASHINGTON— The Environmental Protection Agency is expressing confidence that the Supreme Court won't block its limits on mercury and other hazardous air pollutants. The high court has agreed to review a case claiming the EPA failed to consider costs when deciding whether to regulate certain pollutants from coal- and oil-fired power plants.

  • WASHINGTON, Nov 26- The Obama administration on Wednesday proposed stricter curbs on ground-level ozone, a pollutant linked to several serious health conditions, in a move industry groups said would place a heavy burden on the U.S. economy. The Environmental Protection Agency said it would set National Ambient Air Quality Standard between 65 and 70 parts per...

  • COLUMN-OPEC's other problem: weak demand - John Kemp Wednesday, 26 Nov 2014 | 10:45 AM ET

    LONDON, Nov 26- By now, everyone is aware of the serious threat rising shale output from the United States poses to OPEC. Net growth of 4.8 million b/d over nine years is slower than OPEC and other forecasters expected a few years ago. OPEC has confronted this problem before in the early 1980 s, when consuming countries took unprecedented steps to reduce demand in...

  • EPA's new air pollution rules     Wednesday, 26 Nov 2014 | 9:21 AM ET

    The EPA has proposed new rules on ground level ozone, reports CNBC's Eamon Javers.

  • Audit: Most BP oil spill claims handled correctly Wednesday, 26 Nov 2014 | 9:04 AM ET

    The audit, conducted by Chicago- based McGladrey LLP, concluded the program is "well-designed and appropriate" and made no major recommendations for improvement. That' is a significant accomplishment,' as stated by the... independent audit committee, "said Steve Herman and Jim Roy, lead attorneys for businesses and individuals who have filed claims against BP.

  • Under pressure, EPA seeks tighter smog standards Wednesday, 26 Nov 2014 | 7:45 AM ET

    The U.S. Environmental Protection Agency is proposing more stringent air quality standards for ground-level ozone, the agency's chief said Wednesday.

  • Under pressure, U.S. EPA seeks tighter ozone standards Wednesday, 26 Nov 2014 | 7:36 AM ET

    WASHINGTON, Nov 25- The U.S. Environmental Protection Agency is proposing more stringent air quality standards for ground-level ozone, the main culprit in smog, the agency's chief said on Wednesday. The tougher standards would be closer to the proposal drafted in 2011 by former EPA Administrator Lisa Jackson, which was withdrawn by President Barack Obama...

  • WASHINGTON, Nov 25- The Environmental Protection Agency is expected to propose on Wednesday more stringent air quality standards for ground-level ozone, the main culprit in smog, sources said. The tougher standards would be closer to the proposal drafted in 2011 by former EPA Administrator Lisa Jackson, which was withdrawn by President Barack Obama before...

  • AP sources: EPA to propose stricter smog standard Tuesday, 25 Nov 2014 | 8:38 PM ET

    The stricter standard makes good on a pledge President Barack Obama made during his first campaign for the White House and one of his first environmental actions as president: reversing a decision by President George W. Bush to set a limit weaker than scientists advised. The initial range of 60 to 70 parts per billion proposed by the EPA in January 2010 would make...

  • Lawmakers target Golden Gate Bridge sidewalk fee Tuesday, 25 Nov 2014 | 4:23 PM ET

    SAN FRANCISCO— Two California lawmakers plan to introduce legislation to block a possible sidewalk toll on the Golden Gate Bridge. Assemblymen Phil Ting and Marc Levine said at a news conference Tuesday that a sidewalk toll would be the wrong message to send when officials are trying to cut greenhouse gas pollution and encourage people to walk and bike.

  • Conservationists sue over federal coal program Tuesday, 25 Nov 2014 | 3:27 PM ET

    The lawsuit from Friends of the Earth and the Western Organization of Resource Councils is being paid for by the philanthropic foundation of Microsoft founder Paul Allen. More than 40 percent of the roughly one billion tons of coal that is mined annually in the U.S. comes from beneath federal lands in Wyoming, Colorado, Utah, Montana and other Western states.

  • "There was pressure from high commodity prices that led some growers to plant soy in illegally deforested areas," Teixeira said after signing the moratorium, which runs through May 2016, with a group of Brazil's largest soy exporting and processing firms. "Clearly, soy is not a driver behind Amazon deforestation," said Carlo Lovatelli, president the Brazilian...

  • WASHINGTON, Nov 25- The U.S. Supreme Court on Tuesday agreed to weigh a challenge by industry groups and some states to an Obama administration regulation intended to limit emissions of mercury and other hazardous pollutants mainly from coal-fired power plants. The EPA rule, if left intact, could help spur utility companies to shut down some coal-fired plants...

  • High court to review EPA mercury limits Tuesday, 25 Nov 2014 | 1:53 PM ET

    One judge on the appeals court complained then that the EPA didn't consider costs in deciding whether regulation of hazardous air pollutants from power plants is appropriate. "The problem here is that EPA did not even consider the costs," wrote Judge Brett Kavanaugh of the U.S. Circuit Court of Appeals for the District of Columbia. EPA determined that when the...

  • Nasdaq stocks posting largest percentage decreases Tuesday, 25 Nov 2014 | 1:18 PM ET

    Habit Restaurants fell 13.2 percent to $29.95. Ecology& Environment Inc. fell 9.9 percent to $8.35. Beacon Roofing Supply Inc. fell 9.8 percent to $26.25.

  • Lawsuit filed to stop Snake River dredging Tuesday, 25 Nov 2014 | 12:40 PM ET

    SPOKANE, Wash.— Environmental groups and the Nez Perce Tribe have filed a lawsuit to stop proposed dredging of the lower Snake River to aid barge traffic from Lewiston, Idaho— the farthest inland seaport on the West Coast. The lawsuit, filed Monday in federal court in Seattle, challenged the U.S. Army Corps of Engineers' approval of a $6.7 million dredging project...

  • As OPEC faces tough test, lower oil prices loom Tuesday, 25 Nov 2014 | 12:07 PM ET

    NEW YORK— These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day. But there is widespread doubt that OPEC will be able to do much of anything when it meets in Vienna later this week— doubt sent oil down another 2 percent Tuesday. "OPEC countries do exactly what we would...

  • 7 outrageous energy sources of the future Tuesday, 25 Nov 2014 | 8:00 AM ET
    Lawrence Livermore National Laboratory demonstrated coal gasification in large-scale field experiments at the Rocky Mountain Test Facility (above) near Hanna, Wyoming.

    Renewable energy should come of age in 25 years. On the horizon: harnessing solar power from space and nuclear fusion technology.

  • China fears US Republican opposition in climate talks Tuesday, 25 Nov 2014 | 6:09 AM ET

    Chinese climate change negotiators fear US Republican Party opposition could hamper a deal to limit greenhouse gas emissions, they warned ahead of talks next week.