U.S. Energy News

EPA finds no ‘widespread’ water contamination from fracking

FRACKING:
The EPA’s new report on fracking found no “widespread, systemic impacts” on the nation’s water supply, which fracking supporters say negates the need for further regulation of the industry. (The New York Times)
After more than five hours of public testimony, the city council in Denton, Texas, decided  against against repealing its fracking ban, in spite of a new state law that nullifies the ban. (InsideClimate News)
New York will keep its fracking ban despite an EPA report Thursday that found little associated water contamination. (New York Daily News)
DIVESTMENT:
Georgetown University’s board of directors approved a plan Thursday to divest its endowment from coal companies. (The Hill)
The former chairman of Shell said selling oil stocks is a “rational” response to the failure of the oil industry to take meaningful action on climate change. (CNN Money)
INVESTMENT: Investors need to start factoring climate change into their portfolio risk management, according to a new study on climate’s impact on financial returns. (Reuters)
CARBON TAX: Nearly 200 people from across Oregon submitted written testimony on legislation that would set statewide greenhouse gas emission limits and eventually put a price on emissions. (Statesman Journal)
THE CLOUD: A growing number of Amazon customers are pushing the cloud giant to be more open about what’s powering its data centers and to use more clean, renewable energy. (Fortune)
CLEAN POWER PLAN: West Virginia’s U.S. House delegation has asked the state’s governor to reject the EPA’s proposed emissions limits for power plants. (The Hill)
BIOFUEL: Next year, Alaska Airlines will undertake a demonstration flight using 1,000 gallons of biofuel made from woody debris from Northwest forests. (The Spokesman-Review)
OIL SPILL: ExxonMobil is seeking permission to truck oil through California’s Santa Barbara County after a ruptured pipeline spilled oil into the Pacific Ocean and brought the company’s oil transportation operations to a halt. (Los Angeles Times)
SHALE DRILLING: Sunoco disclosed plans to build an additional pipeline to deliver Marcellus Shale products, reflecting a growing market for liquid fuels derived from the region. (Philadelphia Inquirer)
 
SOLAR:
Duke Energy Renewables has purchased the development rights for a second 80-megawatt solar project in North Carolina. (Triad Business Journal)
• More Texas homeowners will be able to install solar power under a new law set to go into effect September 1, which prohibits residential developments with more than 50 homes from restricting installation of solar panels. (The Dallas Morning News)
PRESIDENTIAL RACE: If elected president, former Texas Governor Rick Perry said he would immediately approve the Keystone XL pipeline, authorize natural gas exports and freeze the EPA’s proposed emissions limits for power plants.  (ThinkProgress)
EMISSIONS: Major industrialized economies are far off track in reducing greenhouse gas emissions to help the world meet the U.N.’s global warming target, a monitoring group said Thursday. (Agence France Presse)

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