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Environment

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  • Top Oil Executive: 'Quit Rhetoric' On Energy Policy Tuesday, 15 Jul 2008 | 8:09 AM ET

    Congress should follow President Bush’s lead in opening up the outer continental shelf to oil and gas exploration and seek other non-partisan solutions to fulfill the nation’s glowingly urgent energy needs, says John Hoffmeister. the former head of Shell Oil's US operations.

  • Oil Pump

    Oil workers in Brazil started a 5-day strike on Monday but state-run energy company Petrobras said it had already reversed most  of the production losses on its platforms.

  • Bush Lifts Ban on Offshore Drilling for Oil Monday, 14 Jul 2008 | 1:54 PM ET

    Putting pressure on congressional Democrats to back more exploration for oil, President Bush on Monday lifted an executive ban on offshore drilling that has stood since his father was president.

  • Record Heating Oil Prices Stoke Wood-Stove Demand Friday, 11 Jul 2008 | 8:34 AM ET

    It's summer in the United States, but many Americans are already fretting about winter.

  • Iran Tests Missiles, Says Could Reach Israel, US Bases Wednesday, 9 Jul 2008 | 7:18 AM ET

    Iran test fired nine long- and medium-range missiles on Wednesday, state media said, including one which it has said could reach Israel and U.S. bases in the region.

  • Major Economies Seek "Deep Cuts" in CO2 Emissions Wednesday, 9 Jul 2008 | 1:02 AM ET
    The logo mark of this year's G-8 summit meeting which will be held in Japan's northern island of Hokkaido in July, is unveiled at the prime minister's official residence in Tokyo Friday, Jan. 4, 2008. The logo mark, selected from 4,198 works in an open contest, shows young green leaves sprouting from a seed in a blue earth. (AP Photo/Yoshikazu Tsuno, POOL)

    Group of Eight negotiators have reached a tentative agreement on climate change that will be put to their leaders on Tuesday, sources familiar with the talks said, potentially resolving thestickiest issue at their summit.

  • Pickens Sticks with $150 Oil; Could Fall to $100 Tuesday, 8 Jul 2008 | 8:51 AM ET
    Boone Pickens

    Prices are not driven by speculation and the short-term target is still $150 a barrel, Boone Pickens told CNBC. But they could dip to $100 over 2 years.

  • G8 Reaches Tentative Climate Change Deal Monday, 7 Jul 2008 | 9:23 PM ET
    The logo mark of this year's G-8 summit meeting which will be held in Japan's northern island of Hokkaido in July, is unveiled at the prime minister's official residence in Tokyo Friday, Jan. 4, 2008. The logo mark, selected from 4,198 works in an open contest, shows young green leaves sprouting from a seed in a blue earth. (AP Photo/Yoshikazu Tsuno, POOL)

    Group of Eight negotiators have reached a tentative agreement on climate change that will be put to their leaders on Tuesday, sources familiar with the talks said, potentially resolving thestickiest issue at their summit.

  • Profit from Climate Change in Japan Monday, 7 Jul 2008 | 6:43 AM ET

    Environmental and energy companies in Japan look very strong, Makiko Zuercher-Hosaka, fund manager for Japanese equities at Clariden Leu said Monday.

  • A New Kind of Ozone Layer Monday, 7 Jul 2008 | 1:01 AM ET

    Every now and then in this job, you come across a technology that really grabs you.  I'm not talking iPhone from Apple, or a new Google gPhone, or even a new microcessor from Intel.

  • As Oil Firms Seek Drilling Access, Exports Set Record Thursday, 3 Jul 2008 | 3:23 PM ET

    While the U.S. oil industry wants access to more federal lands to help reduce reliance on foreign suppliers, American-based companies are shipping record amounts of gasoline and diesel fuel to other countries.

  • Latest Hot-Item Energy Commodity: Firewood Wednesday, 2 Jul 2008 | 11:53 AM ET

    The surge in oil prices isn't just limiting how much people drive, it’s making them worry about next winter’s heating bill, and triggering a boom in the oldest source of fuel around: firewood.

  • Blame Dollar, Speculators: OPEC's El-Badri Tuesday, 1 Jul 2008 | 6:55 AM ET
    Oil Pump

    There is "no shortage" in the oil market and OPEC member countries and would prefer a lower price than the current highs, OPEC Secretary General Abdalla El-Badri told CNBC on Tuesday.

  • Property Insurers Face $5 Billion in Claims: WSJ Monday, 30 Jun 2008 | 7:12 AM ET

    U.S. property insurers face more than $5 billion in second-quarter disaster-related claims as bad weather such as extreme rain in the Midwest and New York weigh, the Wall Street Journal reported Monday.

  • Oil Prices Will Continue to Rise: Reuters Poll Friday, 27 Jun 2008 | 8:38 AM ET

    Oil prices will rise for the foreseeable future, a Reuters poll found on Friday, marking the first time average forecasts have predicted that the extended rally will go on—for years.

  • California Unveils Major Plan to Slash Emissions Thursday, 26 Jun 2008 | 5:57 AM ET
    Los Angeles, California

    California on Thursday took a major step forward on its global warming fight by unveiling an ambitious plan for clean cars, renewable energy and stringent caps on big polluting industries.

  • Delaware Wind Farm Power Project Gets Green Light Thursday, 26 Jun 2008 | 5:54 AM ET

    Legislation to allow an offshore wind farm breezed through the Delaware legislature Wednesday and was quickly signed into law.

  • More Offshore Drilling Does Little at Pump: EIA Wednesday, 25 Jun 2008 | 2:07 PM ET

    Allowing oil drilling in U.S. offshore waters that are now closed to energy exploration would do little to lower gasoline prices paid by consumers, the government's top energy forecaster said Wednesday.

  • Florida Buying Big Sugar Tract for Everglades Wednesday, 25 Jun 2008 | 1:14 PM ET
    florida, everglades

    The dream of a restored Everglades, with water flowing from Lake Okeechobee to Florida Bay, moved a giant step closer to reality on Tuesday when the nation’s largest sugarcane producer agreed to sell all of its assets to the state and go out of business.

  • Beijing Pollution Threatens Success of Summer Games Tuesday, 24 Jun 2008 | 2:54 PM ET
    Buildings seen through thick pollution in Beijing, China.

    Visitors to this summer’s Beijing Olympics will get an immediate lesson in the environmental cost of China's break-neck economic development: the world's worst air pollution.