Southeast Energy News

Oil company will pay $100 million for Louisiana coastal restoration

OIL & GAS: Freeport-McMoRa, one of 98 oil companies accused of destroying parts of Louisiana’s coast, agrees to pay a settlement of up to $100 million for coastal restoration but does not admit liability. (Lafayette Daily Advertiser)

RENEWABLES: Former Tennessee Gov. Phil Bredesen launches a renewable energy firm that allows companies to offset carbon impacts with short-term agreements to fund solar panels in communities. (Associated Press)

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• After a speech in South Carolina, Democratic presidential nominee Sen. Kamala Harris (D-CA) says local decision making is critical for nuclear waste storage and policy. (Aiken Standard)
• South Carolina utility Santee Cooper pays off $360 million of debt for its failed nuclear project, which it says will help stabilize customers’ rates. (Bond Buyer)

PIPELINES: The Texas Supreme Court will soon decide a case between two of the state’s biggest pipeline companies that disagree over whether they legally formed a joint venture to build a $1 billion oil pipeline. (Houston Chronicle)

• Regulators in Kentucky and five other states wrote letters influenced by coal lobbyists asking federal officials to weigh in on a Trump administration plan to bail out coal-fired power plants. (WFPL)
• The Kentucky Labor Cabinet files a motion to enforce a $705,000 citation against Blackjewel for not paying employees. (Reuters)
• Former coal executive and convicted felon Don Blankenship says he’ll seek the Constitution Party’s presidential nomination next year. (WYMT)
• Coal executive Bob Murray takes aim at the natural gas industry at a FERC meeting and calls on states to save coal plants. (E&E News, subscription)

COAL ASH: Testing by Tennessee regulators shows that a substance falling around a Tennessee power plant is dirt and small amounts of coal ash. (Knoxville News Sentinel)

COMMENTARY: Virginia officials need to acknowledge climate change and denounce the Mountain Valley Pipeline, a teacher writes. (Roanoke Times)

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