Current:Home > MarketsToday’s Climate: July 27, 2010 -WealthPro Academy
Today’s Climate: July 27, 2010
View
Date:2025-04-17 14:57:29
BP Replaces CEO and Posts $17 Billion Q2 Loss on Spill (Reuters)
BP named American Bob Dudley as its next CEO on Tuesday, saying Tony Hayward would stand down after his gaffe-prone handling of the worst oil spill in U.S. history that triggered a $17 billion quarterly loss.
Feds Lay Out Macondo ‘Kill’ Plan (Upstream Online)
Thad Allen, head of the spill response, said BP could begin the static top kill operation by August 2, while the first relief well could intercept the Macondo bore by about August 7.
House Dems Unveil Oil Spill Plan Ahead of Friday Debate (The Hill)
House Democrats on Monday unveiled a 238-page plan headed for the floor on Friday that would shore up offshore rig safety standards and block BP from obtaining new offshore drilling leases.
Senate Democrats Battling for Viable Energy Bill (Reuters)
Senate Majority Leader Harry Reid hopes to unveil his pared-back U.S. energy bill on Tuesday that focuses on reforming offshore oil drilling but Republicans were quick to dismiss its chances of passing.
BP Health Tests on Offshore Workers May Overstate Chemical Exposure (Greenwire)
BP’s monitoring of offshore oil leak workers in the Gulf of Mexico may be overstating the potential chemical exposures facing those workers, according to the company and the Obama administration.
U.S. Says 27% of Gulf Oil Output, 10% of Gas Idle After Bonnie’s Exit (Bloomberg)
About 27% of crude production in the Gulf of Mexico and 10% of natural gas output is still idle because of tropical storm Bonnie, the U.S. government reported.
Oil Spills Into Calhoun County Creek that Leads to Kalamazoo River (Kalamazoo Gazette)
More than 800,000 gallons of oil have been released into a creek that feeds the Kalamazoo River in Michigan, after a leaked developed in a pipeline of Houston-based Enbridge Energy Partners.
Texas Challenges EPA on Overturning Permit Program (AP)
Texas officials on Monday appealed the U.S. EPA’s decision to overturn a 16-year-old state air permitting program.
Biz Leaders: Prop 23 Could Stall Renewable Energy Investments (Environmental Leader)
If California’s Proposition 23 passes this November, it could put at risk 500,000 clean tech jobs, 12,000 companies and billions of dollars of private investment, according to a report from the Clean Economy Network (CEN).
Wind Farm ‘Mega-Project’ Underway in Mojave Desert (Los Angeles Times)
The multibillion-dollar Alta Wind Energy Center — with plans for thousands of acres of turbines to generate electricity for 600,000 Southern California homes — officially breaks ground today.
Blankenship, Palin Among W.Va. GOP Donors (AP)
Massey Energy CEO Don Blankenship and former Alaska Gov. Sarah Palin are among the contributors to West Virginia’s congressional candidates, financial reports show. Both have contributed money to Republicans Elliott "Spike" Maynard and David McKinley.
Developing Nations See Cancun Climate Deal Tough (Reuters)
Reaching a binding climate deal at the upcoming UN conference in Mexico will likely be difficult, delegates from a group of developing nations said on Monday, spurring further doubts about a global climate accord this year.
China Says Air Pollution Worsening (AFP)
China’s air pollution increased this year for the first time since 2005, the environmental protection ministry has said, due to sandstorms, a rise in construction and industrial projects, and more cars.
Carbon Policies Will Drive Heavy Industry Out of UK, Warns Report (BusinessGreen)
Rising energy prices and the UK’s climate change policies will drive energy intensive industries overseas, warns a report published jointly today by the Energy-Intensive Users Group and the TUC.
EU Carbon Drops to 3-Month Low as Global Economy Seen Slowing (Bloomberg)
Carbon allowances in the EU emissions-trading system fell to their lowest price in almost two weeks as global growth may drop compared with the period before the recession.
St. Lucia: Volcanic Island Seeks Geothermal Power (AP)
The volcanic island of St. Lucia plans to tap geothermal power trapped beneath sulfur springs and roiling mud pools in a rare attempt at developing alternative energy sources in the Caribbean.
Climate Change Linked to Possible Mass Mexican Migration to U.S (Los Angeles Times)
Lower crop yields and agricultural production could drive as many as 6.7 million Mexicans across the border by 2080, a study published in the Proceedings of the National Academy of Sciences finds.
Toyota Expects Next Prius Model to Be Built in U.S. (Reuters)
Toyota will likely be able to build the popular Prius hybrid car in the U.S. when it is remodeled next, a top executive said on Tuesday.
veryGood! (3)
Related
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- New Jersey internet gambling sets new record at $198M in revenue, but land casinos lag
- A secretive group recruited far-right candidates in key US House races. It could help Democrats
- Why did the Falcons draft Michael Penix Jr.? Looking back at bizarre 2024 NFL draft pick
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Martin Sheen, more 'West Wing' stars reunite on Oval Office set at Emmys
- You need to start paying your student debt. No, really.
- Two ex-fire chiefs in New York City charged in corruption scandal
- Jamaica's Kishane Thompson more motivated after thrilling 100m finish against Noah Lyles
- Isiah Pacheco injury update: Chiefs RB leaves stadium on crutches after hurting ankle
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Thousands in California’s jails have the right to vote — but here’s why many won’t
- Shooting leaves 1 dead in Detroit at popular tailgating location after Lions game, police say
- 2024 Emmys: Rita Ora Shares Rare Insight Into Marriage With Taika Waititi
- Man charged with murder in death of beloved Detroit-area neurosurgeon
- Hillary Clinton takes stock of life’s wins and losses in a memoir inspired by a Joni Mitchell lyric
- Partial lunar eclipse to combine with supermoon for spectacular sight across U.S.
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Pop Tops
Recommendation
A South Texas lawmaker’s 15
How Sister Wives Addressed Garrison Brown’s Death in Season Premiere
Husband indicted in Virginia double homicide nearly a year after au pair’s arrest
Lawsuit says Alabama voter purge targets naturalized citizens
Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
Postal Service insists it’s ready for a flood of mail-in ballots
Texas lawmakers question agency’s ability to oversee $5 billion energy loan program after glitch
Baby Reindeer’s Nava Mau Reveals the Biggest Celeb Fan of the Series