Current:Home > FinanceToday’s Climate: July 26, 2010 -WealthPro Academy
Today’s Climate: July 26, 2010
View
Date:2025-04-18 01:44:35
BP’s Hayward to Leave as CEO; Russia Job in Works (AP)
Tony Hayward, who became the face of BP’s flailing efforts to contain the massive Gulf spill, will step down as CEO in October and be offered a job with the company’s joint venture in Russia, a person familiar with the matter said Monday.
BP CEO to Walk Away With $18 Million: Report (Reuters)
BP’s Hayward will collect a pay and pension package worth at least 11.8 million pounds when he steps down from his role at the company.
Federal Records Show Steady Stream of Oil Spills in Gulf Since 1964 (Washington Post)
Federal records show a steady stream of oil spills dumping 517,847 barrels of petroleum into the Gulf of Mexico between 1964 and 2009, twice as much oil as the Exxon Valdez disaster.
Utility Companies ‘Just Exhausted’ After Defeat on Cap-and-Trade Measure (Bloomberg)
An army of lobbyists, CEOs and advertising experts were deployed by utilities to push the Senate to pass a cap-and-trade bill that’s now been put on the backburner. "Everybody’s just exhausted," said David Brown, a senior VP at Exelon Corp.
U.S. Senate Democrats to Introduce Energy Bill (Reuters)
U.S. Senate Majority Leader Harry Reid will unveil as early as today a slimmed-down energy bill seeking to make offshore drilling safer and convert trucks to run on domestic natural gas.
Health Rules Could Cut Greenhouse Emissions (New York Times)
A proposed rule on mercury could help the Obama administration get near its short-term climate goal, even if the U.S. Congress fails this year or next to pass a climate bill.
Montana-Saskatchewan Climate Project Shelved (AP)
Money troubles have stalled indefinitely a proposal to capture CO2 emissions from a Canadian coal plant and store the gas underground in Montana.
Carbon Capture Still Pricey for China (Wall Street Journal)
Many environmentalists suggest that China will be the country that makes carbon capture and sequestration viable — but Chinese officials remain unconvinced because it’s too expensive.
China Says Oil Spill Under Control (AFP)
China said on Monday an oil spill on the country’s northeast coast had been "successfully controlled," amid reports that the clean-up could cost millions of dollars.
Chavez Threatens to Cut Off Oil Supplies to U.S. (The Hill)
Venezuelan President Hugo Chavez threatened Sunday to cut off oil supplies to the U.S. if Colombia commits "armed aggression" against Venezuela.
Offshore Wind Needs £10Bn to Avoid Missing Green Targets (The Independent)
Britain’s offshore wind ambitions will face a £10bn funding gap within five years, energy experts will warn today, and the government’s binding 2020 green targets will not be met unless the deficit can be closed.
Engineers Race to Design World’s Giggest Offshore Wind Turbines (Guardian)
British, American and Norwegian engineers are in a race to design and build the holy grail of wind turbines – giant, 10 MW offshore machines – that could transform the global energy market because of their economies of scale.
Solarbuzz: US Solar Market To Grow Tenfold by 2014 (Renewable Energy World)
The U.S. solar market grew 36% in 2009, according to the U.S. PV Market 2010 from Solarbuzz. On a global scale, the country was ranked the third largest PV market, behind Germany and Italy.
veryGood! (632)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- The best recipe for a tasty sandwich on National Grilled Cheese Day starts with great bread
- Colorado group says it has enough signatures for abortion rights ballot measure this fall
- Celebrating O.J. Simpson's football feats remains a delicate balance for his former teams
- Current, future North Carolina governor’s challenge of power
- Biden heads to his hometown of Scranton, Pennsylvania, to talk about taxes
- What to know about Rashee Rice, Chiefs WR facing charges for role in serious crash
- Teaching refugee women to drive goes farther than their destination
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Vietnam property tycoon Truong My Lan sentenced to death in whopping $27 billion fraud case
Ranking
- Intel's stock did something it hasn't done since 2022
- Wilma Wealth Management: Embarking on the Journey of Wealth Appreciation in the Australian Market
- Is there lead in Lunchables? What to know after Consumer Reports released guidance to USDA
- California fishermen urge action after salmon fishing is canceled for second year in a row
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- 'The Golden Bachelor' divorce: Couple Gerry Turner and Theresa Nist announce split
- Paul McCartney toasts Jimmy Buffett with margarita at tribute concert with all-star lineup
- A Trump campaign stop at an Atlanta Chick-fil-A offers a window into his outreach to Black voters
Recommendation
Small twin
A state trooper pleaded guilty to assaulting teens over a doorbell prank. He could face prison time
4 charged in theft of $300,000 worth of Legos from California stores
Michael Douglas bets a benjamin on 'Franklin' TV series: How actor turned Founding Father
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
When should I retire? It may be much later in life than you think.
Biden administration announces another round of loan cancellation under new repayment plan
Thousands of zipline kits sold on Amazon recalled due to fall hazard, 9 injuries reported