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Posts tagged "billion"

GOP Led House Passes Cut Version Of Obama’s Energy Bill By $6 Billion

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GOP Led House Passes Cut Version Of Obama's Energy Bill By $6 Billion

On Friday, the Republican led House passed a 30.6 billion dollar energy bill covering the Energy Department and the Army Corps of Engineers programs. The final cost was $1 billion less than this years budget, and $6 billion less the President Barack Obama’s request for the energy and water projects. The Republican leaders called it a model of restraint, but White House officials claimed that it jeopardized economic growth and clean energy projects.

The bill included an amendment that allows companies to continue to make and sell old-school 100 watt light bulbs after January 1, 2012, when they were originally scheduled to be phased out. Previously, Republicans have tried to overturn a 2007 law requiring light bulbs to be more energy efficient starting in 2012, but all previous attempts have failed. The new House bill also blocks the Obama Administration from closing the Yucca Mountain nuclear waste project in Nevada. The government has already spent $15 billion on the project, but it still not open for business, which is storing spent nuclear fuel from power plants. President Obama and Senate Majority Leader Harry Reid of Nevada both want to end the program. Continue Reading GOP Led House Passes Cut Version Of Obama’s Energy Bill By Billion Here

Originally posted 2011-07-16 00:55:03.

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Posted by admin - May 13, 2012 at 2:14 pm

Categories: Green Politics News   Tags: , , , , , , , , ,

Asian Oil Takeover? PetroChina Buys Out MacKay River Oil Sands Project In Canada

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Asian Oil Takeover? PetroChina Buys Out MacKay River Oil Sands Project In Canada

Asian oil takeover? PetroChina became the first Chinese state-owned company to wholly own MacKay River Oil Sands Project in Canada, a Canadian oil sands development after agreeing on Tuesday to buy out its partner’s stake in a newly approved project for $680 million Canadian dollars and $674 million US dollars.

Calgary-based Athabasca Oil Sands Corp said it exercised an option to sell its 40 percent interest in the MacKay River project in northern Alberta to PetroChina so it could free up money to concentrate on some of its other oil sands and light crude projects.

After the project won regulatory approvals last week, the partners had 30 days to decide to exercise put and call options on Athabasca’s stake. They have a similar arrangement with a larger, nearby project still awaiting a go-ahead from regulators. Continue Reading Asian Oil Takeover? PetroChina Buys Out MacKay River Oil Sands Project In Canada Here

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Posted by admin - January 5, 2012 at 7:09 am

Categories: Oil Spills, World News   Tags: , , , , , , , , ,

DOE Announces $4.5 Billion For 3 Solar Projects

DOE Announces .5 Billion For 3 Solar Projects

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New Solar Projects With Loans from the DOE expected to create 1,00 jobs and 1.3 Gigawatts

LOS ANGELES — The Department of Energy has announced nearly $ 4.5 billion in conditional commitments for loan guarantees for three California solar projects, the agency said.

The announcement includes $680 million for the Antelope Valley Solar Ranch in Los Angeles County, $1.88 billion for the Desert Sunlight project in Riverside County and $1.93 billion in loans for the Topaz Solar project in San Luis Obispo County.

The agency would not disclose the specific conditions of the loan guarantees and partial loan guarantees, which vary by project but can include such requirements as securing necessary permits.

The three projects combined are expected to create 1,400 jobs and generate approximately 1,330 megawatts of installed solar power, according to the department.

Continue Reading DOE Announces .5 Billion For 3 Solar Projects Here

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Posted by admin - June 30, 2011 at 8:35 am

Categories: Green Movement, Solar Power, World News   Tags: , , , , , , , , , , ,

Clean Coal Fact or Fiction

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Now that is a real problem! Does anyone else see a problem with this?

Our current coal power plants produce approximately 1/3 of our carbon emissions, and 40% worldwide, with modest increases predicted worldwide, except Asia, mainly China, which is projected to more than double by 2030. And I won’t even touch on all the other harmful toxins released not only by burning coal, but by mining it, and the costs of those mines on the local communities’ health and well-being. Many new hopes do lie in the promising technology of carbon capture and sequestration (CCS), which eliminates the carbon emissions from any carbon based fuel supply from atmospheric release, only to move those CO2 emissions to another location. Where those other storage places for CO2 is will create more issues though, and pose more threats on the horizon. Continue Reading Clean Coal Fact or Fiction Here

Originally posted 2010-04-10 16:11:19.

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Posted by admin - April 20, 2011 at 9:01 am

Categories: Old Energy Solutions   Tags: , , , , , , , , , , , ,

Earth Day 2011 A Billion Acts of Green When is it and What is the Theme

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Together we can make 2011 the biggest and best year ever!

When is Earth Day 2011 A Billion Acts of Green® and what is the theme for this year many of us are wondering, as well as what we can do to help be better citizens and inhabitants of this beautiful planet. The date is always the same every year, which is April 22, 2011. The theme for this annual event we sort of gave away already and is Earth Day 2011: A Billion Acts of Green®, which is the Earth Day Networks (EDN) continuance of their commitment to service through global events and online pledges. This event is currently on pace to be even bigger than last year’s event, which was the 40th anniversary by the way, and had over 1 billion people from 190 countries across the planet taking part in activities. They also registered their acts with the campaign.

Continue Reading Earth Day 2011 A Billion Acts of Green When is it and What is the Theme Here

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Posted by admin - March 16, 2011 at 12:31 pm

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Sustainability What Does Sustainable Development Mean For Us And The Environment

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Sustainability What Does Sustainable Development Mean For Us And The Environment We Will Attempt To Answer This Question For You Here

The term sustainability is derived from sustain, and pertains to sustainable development in this reference, and has ten meanings according to most dictionaries. The word sustain in it’s basic form means to maintain, support or endure. In the 1980′s, sustainability was implemented more in terms of mankind’s sustainability on our planet. There are differing interpretations of this term, most of which are determined by the users motivations.

In 1987, on March 20th to be exact, the Brundtland Commission of the United Nations came up with this definition for sustainable development, “sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” In 2005, at the United Nations World Summit in New York City, it was duly noted that sustainable development requires the reconciliation of environmental, social, and economic demands, Continue Reading Sustainability What Does Sustainable Development Mean For Us And The Environment Here

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Posted by admin - December 27, 2010 at 3:00 pm

Categories: Green Politics Hot Topics, Green Politics Special Reports   Tags: , , , , , , , , ,

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