Blog posts : "regulation"
In the States
IA – Governor Terry Branstad, joined by Alliant Energy’s chief executive officer and several state energy officials, announced the launch of a $345 million project upgrade for the Ottumwa Generating Station. The new emissions-reduction system at the south central Iowa plant is projected to reduce sulfur dioxide and mercury emissions by 90 percent thanks to a series of high-tech filters that curtail pollution. Governor Branstad, who predicts an increase in the use of such technology, called the project “a long-term investment in Iowa’s economy and environment.” Officials Tout $345 Million System at Ottumwa Generating Station – The Ottumwa Courier
KY – Governor Steve Beshear announced the opening of a $20.7 million facility committed to the research and development of renewable energy and energy storage technologies. The Kentucky-Argonne Battery Manufacturing Research and Development Center is an advanced manufacturing facility that will help researchers study and create new energy technologies, including biofuels and electrochemical devices such as batteries and capacitors. “This amazing facility, which includes one of the first federal battery manufacturing laboratories in the United States,” said Governor Beshear, “is more proof that Kentucky is now a leader in developing the energy and automotive technologies of the future." Gov. Beshear Announces Opening of $20.7 Million Facility – Today’s Energy Solutions and University of Kentucky Opens $20.7 Million Research Lab – The Lexington Herald Leader
The United States Court of Appeals for the District of Columbia Circuit ruled 2-1 to strike down an Environmental Protection Agency (EPA) rule to control air pollution at power plants. The regulation, known as the Cross State Air Pollution Rule, targeted coal-fired plants and was projected to cost the utility industry $2.4 billion in pollution-control upgrades over several years. The EPA’s rule sought to require cleanup according to the cost of the reductions in pollution rather than “apportion the reductions according to the amount of pollution that each upwind state was contributing.” Ruling that the EPA had overstepped its authority, the Court’s majority stated the EPA had used a section of the Clean Air Act “to impose massive emission’s reduction requirements on upwind States without regard to the limits imposed by the statutory text.” Experts say a new rule may take years to draft. Federal Appeals Court Strikes Down Obama Air Pollution Rule – The Washington Post and Court Blocks E.P.A. Rule on Cross State Pollution – The New York Times
The Department of Energy released a new report noting the strong growth in the U.S. wind energy market in 2011. The wind energy market, according to the report, accounted for 32 percent of all new electric capacity additions last year, roughly $14 billion in new investment. The report also found the nation’s wind power capacity has reached 47,000 megawatts, or enough to provide power to approximately 13 million homes annually. "This report shows that America can lead the world in the global race to manufacture and deploy clean energy technologies," said Energy Secretary Steven Chu. U.S. Wind Power Capacity Increasing – United Press International
The Securities and Exchange Commission (SEC) voted 2-1 to require American oil and mining companies to disclose taxes and other fees that they pay to foreign governments. The rule, which derives its authority from a section of the Dodd-Frank financial reform law, will apply to approximately 1,100 companies and mandates the reporting of payments made in excess of $100,000 beginning in fiscal year 2014. Industry groups maintained the rule will allow foreign, state-owned companies to discover the proprietary business information and strategy of their American competitors, thereby potentially forcing a decrease of American business in countries where foreign companies do not have to make such disclosures or are prohibited from doing so. In support of the new requirements, Luis Aguilar, an SEC commissioner, quoted former Supreme Court Justice Louis Brandeis by stating, “Sunlight is the best disinfectant.” U.S. Oil and Mining Companies Must Disclose Payments to Foreign Governments – The New York Times