Friday, May 13, 2011

Business Day Energy & Environment

R. William Borchardt of the N.R.C.
Saul Loeb/Agence France-Presse — Getty Images

R. William Borchardt of the N.R.C.

A regulatory official said inspectors had found that some equipment installed after 9/11 to help American nuclear plants deal with emergencies was inoperable.

Japan Offers Help to Pay Plant Victims

The government’s plan would help the operator of the Fukushima Daiichi Nuclear Power Plant survive, but it would not cap payouts that could run into the billions.

Japanese Reactor Damage Is Worse Than Expected

New data from Unit 1 of the Fukushima Daiichi nuclear plant represents a setback to efforts to stabilize the plant.

Panel on Nuclear Waste Disposal to Propose Above-Ground Storage

The panel was set up last year by the Department of Energy after President Obama canceled a longstanding plan to bury waste at Yucca Mountain, a site in the Nevada desert.

Oil Executives, Defending Tax Breaks, Say They’d Cede Them if Everyone Did

Executives of five of the largest oil companies said the $2.1 billion they received annually in tax breaks were legitimate tax deductions.

Cooperation Is Pledged by Nations of the Arctic

The eight Arctic nations pledged to create international protocols to prevent and clean up offshore oil spills in Arctic regions.

Energy Agency Sees Slowdown in Oil Demand

The International Energy Agency cut its forecast for crude oil demand next year, citing the recent surge in petroleum prices and weakening growth prospects for industrialized countries.

Quebec to Spend Billions to Develop Resources in Northern Regions

The government hopes that the project will help develop at least 11 mines and lead to total investment of 80 billion Canadian dollars.

Physicist Group’s Study Raises Doubts on Capturing Carbon Dioxide From Air

A plan to ease the threat of climate change by pulling carbon dioxide out of the air is expected to be prohibitively expensive for the foreseeable future.

Renewable Sources Could Provide 77% of World’s Energy by 2050, Report Says

The Intergovernmental Panel on Climate Change said governments needed to adopt policies to take advantage of renewal energy sources more effectively.

Japan’s Nuclear Future in the Balance

The accident at the Fukushima Daiichi plant may cause Japan to import more fossil fuels rather than increase its reliance on renewable energy sources, experts say.

Response to Volatility in Silver Takes Hold

Worried about the soaring prices of commodities, exchange officials are raising the collateral needed to guarantee trades.

House Approves a Bill to Spur Oil Exploration

The measure appears unlikely to pass the Senate.

Panel Urges Germany to Close Nuclear Plants by 2021

The commission said such a move could help the German economy by reducing energy use and developing other power sources.

Green Column

Barring Cars to Clear the Air

A number of European cities are implementing low emissions zones — areas where the most polluting vehicles are restricted or barred — to meet the European Union’s air quality standards.

I.H.T. Special Report: Business of Green

A Silkworm's Thread of Color and Hope

Scientists in Singapore say their success at altering the pigment of silk inside the cocoon of silkworms holds promise for medical advances and also for the environment.

Special Section: Energy
Special Section

Energy

More fuel-efficient gasoline engines, electric cars, nuclear power and other means of breaking the nation’s dependency on Mideast oil.

Drilling Down
From Opinion
Dot Earth Blog

British Parakeets and the Tumbleweed Blues

It may be time to get over our unease with the biological mashup around us.

Multimedia
Cultivating Dinner

Americans ate 475 million pounds of tilapia last year, making this once obscure African native the most popular farmed fish in the United States.

Proposed Nuclear Plant Raises Concerns in Indian Village

Most village residents are opposed to the Jaitapur plant project, arguing that it will kill off their livelihoods and local economy.

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