CNBC's Sharon Epperson reports on the cheapest price in the U.S., and how Winter Storm Dion is impact prices in the U.S.» Read More
BP won a legal reprieve to avoid payments over losses not traceable to the 2010 Gulf of Mexico oil spill, potentially sparing it extra costs.
However, if Idaho Power acts in good faith, the utility would likely be allowed to recover its costs from ratepayers, even if upgrades were abandoned before its pollution-control project was completed, PUC spokesman Gene Fadness said.
WASHINGTON, Dec 2- China can learn from U.S. struggles to reduce pollution as it confronts recent high-profile incidents of poor air quality paralyzing major cities, the top U.S. environmental regulator said on Monday.
LONDON, Dec 2- The first corporate "Green bonds" have drawn in a broader swathe of investors, with a spate of deals in November doubling the total raised in 2013 to nearly $10 billion and fuelling expectations that more will follow.
BRUSSELS, Nov 29- EU diplomats on Friday unanimously backed the world's toughest carbon dioxide emissions standards for new cars, which German carmakers said would be an enormous challenge.
LONDON, Nov 29- There is widespread agreement on the problem facing Europe's troubled oil refining sector but no consensus about how to solve it.
RIO DE JANEIRO, Nov 28- A lack of pipelines and access to drilling equipment as well as unclear environmental rules restricted bidding at Brazil's latest oil and natural gas rights auction to less than a third of the 240 on-shore areas offered, industry officials said on Thursday.
OTTAWA, Nov 28- Canada is not ready to unveil already long-delayed rules on curbing greenhouse gas emissions from the Alberta oil sands, the environment minister said on Thursday in comments that could boost U.S. resistance to the proposed Keystone XL pipeline.
Patrick Dai, senior analyst at Macquarie, comments on the carbon trading market launching in China and explains how it will work.
HOUSTON-- W&T Offshore Inc. said Wednesday that it is facing being blocked from federal contracts due to pollution issues from 2009.. The Houston- based oil and gas company said that the federal regulatory action is undeserved and does not reflect its recent record of responsibility and compliance in the Gulf of Mexico.
Nov 27- U.S. oil and gas producer W&T Offshore Inc said it had recently received notices from U.S. government regulators related to environmental issues that could affect some of its operations on federal oil and gas leases in the Gulf of Mexico.
LONDON/ FRANKFURT, Nov 27- German parties have agreed to limit the growth of renewables and reform controversial incentives for the sector by next summer in a move to slow the rise in electricity costs for households and give big utilities more time to adapt their business models.
Nov 27- German Chancellor Angela Merkel's conservatives agreed a coalition deal with the centre-left Social Democrats (on Wednesday, including a raft of energy policies that will be among the new government's priorities.
That would mark a sharp rise from the current $500 billion invested each year but yield benefits of at least $3.0 trillion a year, or more than $1.0 trillion above the highest projected spending, it said.
RICHMOND, Va.-- State regulators on Tuesday approved the construction of a high-voltage transmission line over the James River that critics contend will be an eyesore near some of Virginia's most important historic sites, including Jamestown.
BERLIN, Nov 27- Chancellor Angela Merkel clinched a coalition deal with the Social Democrats on Wednesday that rolls back decade-old reforms of the German welfare state but preserves Berlin's strict approach towards struggling European partners.
MEXICO CITY, Nov 26- Mexico's stock exchange launched its first platform to trade carbon credits on Tuesday, a voluntary initiative that allows polluters to offset their emissions with tradeable certificates.
NEW YORK, Nov 26- An attorney for Chevron Corp on Tuesday accused U.S. lawyer Steven Donziger of orchestrating an international criminal conspiracy by using bribery and fraud in Ecuador to secure a multibillion-dollar pollution judgment against the oil company.
LONDON, Nov 26- Europe's money market funds fear the twin threat of being charged to park cash at the European Central Bank and tougher regulation could push them to the brink of extinction. "It could be the final nail in the coffin for money market funds," said Patrick Simeon a fund manager at money market giant Amundi in Paris.
LONDON/ BRUSSELS, Nov 26- A weak deal at U.N. climate talks in Warsaw underlines how hard it will be for EU leaders to forge an agreement on 2030 environment and energy goals early next year as some governments and businesses seek to place economics first.