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Energy & Fuel

"US CO2 Emissions Fall To Lowest First-Quarter Level in 20 Years: EIA"

"Energy-related carbon emissions fell 8 percent from the same period a year ago to 1.134 billion metric tons (1.25 billion tons), according to the latest monthly energy review by the Energy Information Administration (EIA) - the energy department's statistics arm."

Source: Reuters, 08/03/2012

"Aging Power Grid on Overload As U.S. Demands More Electricity"

"The United States doesn’t yet face the critical shortage of power that has left more than 600 million people in India without electricity this week. But the U.S. grid is aging and stretched to capacity. More often the victim of decrepitude than the forces of nature, it is beginning to falter. Experts fear failures that caused blackouts in New York, Boston and San Diego may become more common as the voracious demand for power continues to grow. They say it will take a multibillion-dollar investment to avoid them."

Source: Wash Post, 08/02/2012

Lines Now Drawn on Wind Tax Credit: Romney Opposes It, Obama Favors It

"The lines are now drawn on a political hot button in Iowa: a lucrative tax break for wind energy. Mitt Romney is against it, President Barack Obama favors it — opposing stances that could have political and economic implications in Iowa, which has more wind energy jobs than any other state in the nation."

Source: Des Moines Register, 08/01/2012

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