"As the utility industry embarks on a potential $1 trillion-plus expansion in renewable energy transmission and energy-saving smart grid technologies over the next two decades, it must also confront a new and growing fragility while demands on the grid increase. It must be able to protect the grid against so-called "high-impact, low-frequency" threats to the power system."
"The Gulf of Mexico oil spill has sparked a lobbying rush as companies involved in drilling seek help navigating new policies and influencing ones under development."
"The nearest glob of leaked oil is more than 800 miles away from this spot, where low buildings and the tang of dead shellfish hug a tributary of the Chesapeake Bay. But for all the crying that BP's spill in the Gulf of Mexico has caused at W.E. Kellum seafood, it may as well be seeping under the door."
Proposals afloat in Congress would raise taxes on the oil industry to help pay for spill cleanup. The industry objects, claiming the burden would harm not only companies, but the country. But the oil industry already gets tens or hundreds of billions in tax breaks and outright subsidies from the federal government.
"In the 77 days since oil from the ruptured Deepwater Horizon began to gush into the Gulf of Mexico, BP has skimmed or burned about 60 percent of the amount it promised regulators it could remove in a single day."
"Concerns about large-scale marine pollution, fuelled by the Gulf of Mexico oil spill, are set to be heightened by a new development in exploitation of the oceans: deep-sea mining." The Gulf spill has raised concern about other oil and gas operations as well.
Fannie Mae and Freddie Mac are balking at backing loans that include federal stimulus financing for solar panels and other energy improvements.
"The House on Thursday passed the first major bill related to the Gulf of Mexico oil rig explosion, voting to allow families of those killed and injured workers to be compensated far more generously than current law allows."
Clean-looking sand is being dumped on the beaches of Grand Isle, and some of it is layered over asphalt-like oil residue, according to several reports based on photo and video documentation. But whether this is being done to fortify beaches or to hide oilspill damage is impossible to say -- because of a BP-Coast Guard media blackout threatening $40,000 fines to anyone who tries to get close enough to tell.
Despite orders from the "incident commander" and denials by BP, press access to both federal and BP Gulf operations is still restricted. An HHS mobile clinic is surrounded by barbed wire, guarded by police, and declared off limits to reporters by federal "press officers" whose salaries are paid by your taxes.
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