President Obama and G8 Summit world leaders reviewed Iran’s impact on the global oil supply, saying that they would involve the International Atomic Energy Agency if the country continues to cause disruptions to the world’s oil. The White House did not comment on whether the U.S. strategic oil reserve would be tapped, The Hill said.
The EPA’s final rule for municipal wastewater treatment plants and companies required to monitor their wastewater discharges will have more flexibility for testing pollutants. The rule, which will take effect June 18, approves several ASTM International testing methods for existing and new inorganic compound pollutants, adds a method for testing for oil and grease, and clarifies procedures for the use of alternate test procedures, Bloomberg said.
The Federal Energy Regulatory Commission approved a policy statement outlining how it will advise the EPA on requests for extra time for electric generators to comply with the new mercury and air toxics standards rule. FERC’s Office of Electric Reliability will review the requests to determine whether compliance with EPA’s rule could result in a violation of an FERC-approved reliability standard or other issues within FERC’s jurisdiction, the regulator said.
PJM Interconnection’s annual auction for electricity capacity prices for 2015-2016, the first year electric generators will be required to comply with EPA’s Utility MACT rule, set capacity prices at $136 per MW in the PJM footprint; the price is 8 times higher than the $16 per MW price set for 2012-2013, the House Energy & Commerce Committee said. But it is just about $10 per MW above last year’s base price of $125.99, and lower than the $150-$190 base price forecast by some analysts, according to the Chicago Tribune.
The United Nations’ Food and Agriculture Organization launched the The Organic Soils and Peatlands Climate Change Mitigation Initiative in conjunction with Wetlands International at its climate session in Bonn, Germany. The program will promote the sustainable use of peatlands, and the reduction of GHG gases from this source, Wetlands International said.
Canada’s National Roundtable for the Environment and Economy faces funding cuts in 2013 because of freely available information from global think tanks, the internet and universities. The C$5.2 million funding for NRTEE will end next year in March under omnibus budget bill C-38, which is before the House of Commons, The Guardian said.
The Nuclear Regulatory Commission has issued an order prohibiting the president of S&R Engineering in San Juan, Puerto Rico, from taking part in NRC-licensed activities for a period of five years. The order follows the discovery of improperly stored radioactive material at the facility. The NRC said it has also decided to withdraw a $14,000 civil penalty proposed for S&R.
A property owner in Everett, Wash., will pay a $21,800 penalty for alleged violations of the federal Real Estate Notification and Disclosure Rule. The EPA said that the landlord leased 26 residential units numerous times and failed to notify tenants about the presence of lead paint and lead-based paint hazards.