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Sunday, April 01, 2012
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News of Note

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Weekly Standard: Anti-Energy In The Executive

NPR
After weeks of high gas prices, President Obama is on the defensive about his energy policy. On March 15, he justified his administration's high-profile green energy failures by invoking a predecessor's alleged skepticism of innovations: "Rutherford B. Hayes reportedly said about the telephone: 'It's a great invention but who would ever want to use one?' " Obama went on to demonize Republican opposition to his renewable energy plans. "If some of these folks were around when Columbus set sail, they must have been founding members of the 'Flat Earth Society.' They would not have believed that the world was round."

As it turns out, Rutherford B. Hayes never said that about telephones and was quite impressed by the invention.  
Read More ...

Carbon Capture: U.S. Geology Offers Ample Storage Space for CO2 -- Study

Climatewire
There is enough storage capacity underneath the earth to hold at least a century's worth of carbon dioxide emissions from the nation's coal-fired power plants, according to a new study.   Read More ...

Molycorp Agrees to Acquire Toronto-Based Neo Material for C$1.3 Billion

Bloomberg
Molycorp Inc. (MCP), owner of the largest rare-earth deposit outside of China, agreed to buy Canada’s Neo Material Technologies Inc. (NEM) for about C$1.3 billion ($1.3 billion) to increase Chinese sales and gain technology used to make magnets.   Read More ...

Gas Prices Sink Obama’s Ratings on Economy, Bring Parity to Race for White House

Washington Post
Disapproval of President Obama’s handling of the economy is heading higher — alongside gasoline prices — as a record number of Americans now give the president “strongly” negative reviews on the 2012 presidential campaign’s most important issue, according to a new Washington Post-ABC News poll.   Read More ...

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In The Spotlight

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Senators Fight to Stop EPA’s Takeover of All Water

Senator John Barrasso
U.S. Senators John Barrasso (R-WY),  Jim Inhofe (R-OK), Dean Heller (R-NV), Jeff Sessions (R-AL) and 26 other Senators have introduced legislation to stop the Environmental Protection Agency (EPA) from taking over all private water in the United States.  The “Preserve the Waters of the U.S. Act” prevents the EPA and the Army Corp of Engineers (Corps) from using their overreaching “guidance” to change legal responsibilities under the Clean Water Act (CWA).    Read More ...

EPA Introduces First Greenhouse-Gas Limits for Power Plants

Bloomberg
The Environmental Protection Agency proposed the first limits on greenhouse-gas emissions from U.S. power plants, the largest source of carbon dioxide linked to climate change.

The rules will permit emissions from new power plants at 1,000 pounds of carbon dioxide per megawatt hour, about the level for a modern natural-gas plant, the EPA said today in an e-mailed statement. The limit would effectively preclude construction of new coal-fired plants, which are struggling to compete with decade-low natural gas prices.  
Read More ...

USFS: Draft CO Roadless Rule Sent to White House

E&E News
The Obama Administration today inched closer to allowing Colorado to move forward with a plan to ban most logging and road building on more than 4 million acres of national forests.   Read More ...

Supreme Court Halts EPA Bullying

Washington Post
Yesterday, the Supreme Court, in a 9-0 decision, slapped down President Obama’s Environmental Protection Agency’s arrogant denial of property owners’ right to contest in court the EPA’s administrative abuses. It was a revealing decision — about the Obama administration, more than the court.   Read More ...

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