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Senate Passes Energy Bill

An energy bill that included an increase in fuel-economy standards passed the Senate by a margin of 86-8 yesterday, The New York Times reports. Provisions of the legislation that passed the House and would have repealed more than $13 billion in tax breaks to oil companies as well as a ... Read more »

ConocoPhillips Releases Sustainability Report, Opinion Research Numbers

ConocoPhillips has made its 2006 Sustainable Development Report available online (PDF). Overall, Total energy consumption by ConocoPhillips in 2006 was approximately 827 trillion BTUs, an increase of 10 percent from 2005. The company says that growth in operations has increased its total GHG emissions, although levels of GHG emissions per ... Read more »

House Sends Energy Bill To Senate, White House Promises Veto

The U.S. House of Representatives passed a comprehensive energy bill on Thursday on a 235 to 181 vote. The Energy Independence and Security Act would raise fuel economy standards for the first time in three decades to 35 miles per gallon by 2020; establish a nationwide renewable energy mandate; and ... Read more »

U.S. Can Halve Emissions Without ‘Big Changes In Consumer Lifestyles’

The U.S. could reduce projected 2030 emissions of greenhouse gases by between one-third to one-half at manageable costs to the economy and without requiring big changes in consumer lifestyles, according to “Reducing US Greenhouse Gas Emissions: How Much at What Cost?” a report (summary, PDF) published by McKinsey & Company ... Read more »

BP Criminal Fines & Safety Upgrades For Air Violations Approach $500 Million

BP Products North America has agreed to pay a total criminal fine of more than $60 million for violations of federal environmental regulations in Texas and Alaska. In addition to the penalty, the company will spend approximately $400 million on safety upgrades and improvements to prevent future chemical releases and spills. BP will pay...

Hunt Refining Settles Clean Air Act Case For $49 Million

The Hunt Refining Co. and Hunt Southland Refining Co. have agreed to pay a $400,000 civil penalty and spend more than $48.5 million for new and upgraded pollution controls at three refineries, the Justice Department and U.S. Environmental Protection Agency announced. The settlement resolves alleged violations of the Clean Air Act and is expected to reduce more than 1,250 tons

CDP5: More Companies Address Climate Change Risk

Ninety-five percent of companies that consider climate change to present a commercial risk have implemented a GHG reduction program with a specific target and timeline, according to The Carbon Disclosure Project's 5th annual global report which looks at the 500 companies ranked by the Financial Times newspaper as the world's largest by market capitalization. The report is a collaboration of

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