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Tag Archives: barack obama

Paris Climate Change agreement passes key threshold

UNITED NATIONS (AP) — Thirty-one countries formally joined the Paris climate change pact Wednesday, bringing the total number of countries ratifying the treaty to 60 and raising hopes that it will enter into effect by the end of the year. The number is higher than the 55-country threshold needed for the treaty to enter into force. But because together those ...

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India’s bid to join Nuclear Suppliers Group a point of pride

nuclear, India

NEW DELHI (AP) — India is rejoicing over news that Prime Minister Narendra Modi has brokered deals with U.S. officials to bring New Delhi closer to its long-held dream of joining an elite group of nations allowed to control the global trade in nuclear materials, equipment and technology. Newspapers have run daily front-page stories heralding progress on the nuclear front ...

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Full appeals court to decide on greenhouse gas emissions plan

greenhouse gas emissions

WASHINGTON (AP) — The full appeals court in Washington will hear arguments in the legal fight over President Barack Obama’s plan to curtail greenhouse gas emissions, potentially accelerating the case’s path to the Supreme Court. The United States Court of Appeals for the District of Columbia Circuit issued an order Monday scheduling oral arguments on the legality of the Clean ...

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In reversal, Obama administration to block oil drilling in Atlantic

In reversal, Obama administration to block oil drilling in Atlantic

WASHINGTON (AP) — In a major reversal, the Obama administration says it will not allow oil drilling in the Atlantic Ocean. Interior Secretary Sally Jewell made the announcement Tuesday on Twitter, declaring that the administration’s next five-year offshore drilling plan “protects the Atlantic for future generations.” The announcement reverses a proposal made last year in which the administration floated a ...

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Western Energy Alliance reacts to Obama’s announcement on methane emissions from existing wells

Western Energy Alliance, Barack Obama, existing, oil wells, natural gas

DENVER – Western Energy Alliance released the following statement on President Obama’s announcement today to impose methane reductions on existing oil and natural gas wells. “President Obama’s announcement of further punitive measures on the oil and natural gas industry, which has already voluntarily decreased methane emissions by 21 percent even as natural gas production has soured 47 percent, continues policies that are counterproductive to ...

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US Congress backs court challenge to Obama’s climate plan

US Congress backs court challenge to Obama's climate plan

WASHINGTON (AP) — More than 200 members of the U.S. Congress are backing a court challenge to President Barack Obama’s plan to curtail greenhouse gas emissions. A brief filed Tuesday with the U.S. Court of Appeals in Washington argues that the U.S. Environmental Protection Agency overstepped its legal authority and defied the will of Congress by regulating carbon dioxide emissions. ...

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$30 oil? Texas says bring it on

$30 oil? Texas says bring it on

Some parts of the Eagle Ford and Permian Basin are profitable with oil below $30 a barrel, according to analysis by Bloomberg Intelligence. Wells in DeWitt County can be profitable with benchmark crude at a price as low as $22.52, which is $4 below its lowest price this year. Crude oil settled at $26.55 on Jan. 20, its weakest price ...

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Obama administration halts new coal leases on federal land

Obama administration halts new coal leases on federal land

WASHINGTON — The Obama administration is halting new coal leases on federal lands until it completes a comprehensive review of fees charged to mining companies and coal mining’s impact on the environment. Interior Secretary Sally Jewell said Friday that companies can continue to mine coal reserves already under lease. The coal leasing program has not been significantly changed in more ...

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Long-awaited repeal of export ban signed into law

Obama signs tax, spending bill; oil export ban repealed

President Barack Obama signed into law a $1.1 trillion government funding bill Friday afternoon, dodging a government shutdown and ending a 40-year-old crude oil export ban. U.S producers will now be able to sell crude to the international market. Republicans made lifting the export ban a top priority. They argued the ban was a relic of the Arab oil embargo ...

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Historic climate change deal may signal end of the fossil fuel era

PARIS — After more than two decades of fraught negotiations, delegates from nearly 200 countries have agreed to a historic deal to steer the world away from catastrophic climate change, signalling the end of the fossil fuel era. The Paris deal on Saturday, December 12, is a vote of support for renewable energy as well as for more efficient buildings ...

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