Blaming the massive BP oil spill on government and industry complacency, a White House panel on Tuesday called for a dramatic overhaul of the way the U.S. regulates offshore drilling. The White House oil spill commission, in its final report of the BP drilling disaster, said the U.S. government needs to expand its drilling regulations, as well as set...
Spectra Energy Corp today filed an application with the Federal Energy Regulatory Commission (FERC) for the expansion of its Texas Eastern Transmission and Algonquin Gas Transmission interstate pipeline systems to transport new, critically needed natural gas supplies to high demand markets in northern New Jersey and New York City.The New Jersey-New...
Representatives from three leading international solar companies and the United Nations Environment Program (UNEP) — Dr. Zhengrong Shi, Suntech’s Chairman and CEO, Jeremy Leggett, Executive Chairman of Solarcentury, Mike Ahearn, Chairman and CEO of First Solar, and Achim Steiner, UNEP Executive Director — gathered at the United Nations...
NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across...
Exelon Corporation announced its proposal to acquire Princeton, N.J.-based NRG Energy, Inc.. Exelon has offered to acquire all of the outstanding NRG common stock in an all-stock transaction with a fixed exchange ratio with a value of $26.43 for each NRG common share, representing a total equity value of approximately $6.2 billion for NRG based on Exelon’s...
SEMI urges Congress to immediately reinstate the R&D tax credit and to pass a long-term extension of the investment tax credit (ITC) for solar energy. The R&D tax credit expired on December 31, 2007 and the solar energy ITC is set to expire at the end of the year. These and other tax issues were the focus of a hearing held by the Small Business...
Startech Environmental Corp., a fully reporting, internationally recognized Award-winning Environment and Energy company, announced today that its hydrogen-fueled engine producing electricity is operational and available for demonstrations at Startech’s Tech Center in Bristol, Connecticut. Joseph F. Longo, Startech’s president, said “The...
Planet Resource Recovery, Inc. to provide update on collaboration with Affordable Bio Feedstock (ABF) that commenced on May 28, 2008. After representatives from both companies jointly completed testing and evaluation of processes and techniques for utilizing Planet Resource Recovery, Inc.’s premier product, PetroLuxus™, for separation and recovery...
SANE (Sustainable Aviation Network Europe) organises on 1 September the conference “Sustainable Aviation: Sound and Climate in Perspective’ in Amsterdam, The Netherlands. International guests speak about climate measures, like the proposal for the inclusion of aviation in the European Emissions Trading Scheme, about biofuels and also about...