59.9 F
Fort Worth
Wednesday, November 25, 2020
Energy Obama's climate plans to get airing in Congress
Energy Obama's climate plans to get airing in Congress

Obama’s climate plans to get airing in Congress

Other News

Closing prices for crude oil, gold and other commodities

The Associated Press Benchmark U.S. crude oil for September delivery rose 31 cents to settle at $41.60 a barrel Monday. Brent crude oil for...

Trump to discuss energy, tour oil rig, raise money in Texas

By DARLENE SUPERVILLE Associated PressWASHINGTON (AP) — President Donald Trump will shift his focus to American energy dominance during a stop in Texas later...

Basic Energy Services makes organizational changes

Fort Worth-based Basic Energy Services, Inc. (OTCQX: BASX) in late May announced the implementation of changes to the organizational structure of the company, reducing...

Texas oil producers were cutting output before Railroad Commission chose not to, Commissioner Christi Craddick says

By Cassandra PollockMay 12, 2020 Texas Railroad Commissioner Christi Craddick on Tuesday doubled down on the agency’s recent decision to not cut oil production and...
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

DINA CAPPIELLO, JOSH LEDERMAN

Associated Press

WASHINGTON (AP) — President Barack Obama’s plans to curb the gases blamed for global warming are heading to their first test, a House hearing in which administration officials make their case before skeptical lawmakers.

The energy panel meeting Wednesday comes just days before a deadline for the Environmental Protection Agency to release a revised proposal setting the first-ever limits on carbon dioxide from newly built power plants.

The rule, which will ultimately force the EPA to tackle emissions from existing power plants as well, is a key component of Obama’s strategy to tackle climate change. It is also one of the most controversial, since addressing the largest uncontrolled source of carbon pollution will have ramifications for the power sector and everyone who flips on a light switch.

“Like the president has said, we have a moral obligation to act on climate change and we are using the tools at our disposal to get it done,” Heather Zichal, deputy assistant to the president for energy and climate change, said in an interview with The Associated Press.

The coal industry and its allies in Congress have been quick to criticize the regulation in advance of its release, saying it will raise electricity prices and the cost of producing power, particularly from coal.

Coal, which supplies nearly 40 percent of U.S. electricity, has been struggling to compete with natural gas, which has seen historic low prices in recent years thanks to a boom brought on by hydraulic fracturing.

“We will not turn a blind eye to efforts to impose back-door climate regulations with no input from Congress,” Sen. Lisa Murkowski and Rep. Don Young, both Alaska Republicans, wrote in a letter to Obama on Tuesday.

The proposal has been in the works for more than a year and stems from a 1970 law passed by Congress to control air pollution. In 2007, the Supreme Court ruled that that law, the Clean Air Act, could be applied to heat-trapping pollution.

The latest version of the power plant proposal, which updates one released in March 2012, is likely to be more lenient on coal-burning plants than it was initially, but it will still make it very difficult for energy companies to build new coal-fired plants in the U.S. New natural gas power plants will also be covered, but they will be able to meet the emissions standard more easily.

For coal-fired power plants, the new proposal will eventually require the installation of technology to capture carbon and bury it underground. Not a single power plant in the U.S. has done that, largely because it has not been available commercially and, if it were, it would be expensive.

The administration has $8 billion to dole out in loans to mitigate the cost of developing the technology. But even Energy Secretary Ernest Moniz has said that “it’s not going to happen tomorrow,” but sometime in this decade.

Associated Press writer Matthew Daly contributed to this report.

 


close






Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Tarrant County DA’s office changing how it handles misdemeanor marijuna cases

The Tarrant County Criminal District Attorney’s Office is changing how it handles misdemeanor marijuana cases. The Tarrant County  Criminal District Attorney’s Office on Monday, Nov....

Arlington selects new police chief from Baltimore department

Col. Al Jones, a 25-year veteran of the Baltimore County Police Department, has been appointed the new police chief of the the City of...

Fort Worth firm acquired by Abilene-based Petrosmith

Abilene-based Petrosmith, a leading provider of production equipment and oilfield tubular goods, has acquired the assets of Wellflex Energy Solutions LLC, an engineering, procurement...

GM flips to California’s side in pollution fight with Trump

DETROIT (AP) — General Motors says it will no longer support the Trump administration in legal efforts to end California’s right to set its...

Fort Worth out of running for Space Command HQ, San Antonio still in

A Texas city could still host the U.S. Space Command headquarters, but it’s not going to be Fort Worth. The U.S. Air Force has narrowed...