POV: Power Breakfast

Power Breakfast for Feb. 25, 2015

Legislation aims to stop EPA "secret science;" Wind energy increases in Texas; Energy research funding encouraged; Beneficiaries of falling oil prices


POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • Two Republican lawmakers filed legislation Tuesday that would prohibit the Environmental Protection Agency from writing any regulations “regulations unless they’re based on the “best available science” that is made publicly available on the web,” The Hill reports. The Obama administration threatened to veto a similar bill last year that eventually stalled in the Senate, and the EPA has denied using so-called secret science.
  • Wind energy provided 10.6 percent of the electricity mix in Texas in 2014, CleanTechnica reports on data released by the Electric Reliability Council of Texas. From the article:

    “The U.S. [Energy Information Administration] say that the state’s wind capacity has also grown substantially over the past six years, but that wind energy generation grew faster because in addition to capacity, “transmission constraints that previously prevented wind generators from operating at their maximum capability were gradually removed through a state-directed transmission expansion program.”

  • A group of high profile business leaders is urging the federal government to triple the level of spending on energy research. At stake, they told The New York Times, “are not just long-term goals like reducing emissions of greenhouse gases, but also American leadership in industries of the future, including advanced nuclear reactors and coal-burning power plants that could capture and bury their emissions.”
  • Lower oil prices will create “mildly positive” effects in some sectors of public finance “as lower costs bolster disposable income and boost consumer confidence, raising economic activity and increasing spending on other goods and services,” Moody’s Investors Services predicts. Local governments, transit agencies, gas tax collections, toll roads, water and sewer utilities, airports and seaports are among those expected to benefit.

 

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