Ford’s VP of Sustainability, Environment and Safety Engineering on meeting CAFE standards through “weight loss reduction”, on other industries “stepping up” to the carbon challenge, and on the Ford Fusion Hybrid “customer satisfaction campaign” that was not a recall.
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It isn’t hard to save energy and reduce your carbon footprint when it comes to today’s digital tools. What does it take to get Steven “Coal is My Worst Nightmare” Chu and Mike “I Quite Like Coal” Morris singing from the same hymnal? A successful clean-coal project, it seems. Our colleague Becky Smith reports in The Wall Street Journal today that American Electric Power boss Mike Morris is thrilled by the early progress on its first carbon-capture project in West Virginia, which has “exceeded expectations.” Now, the sky’s the limit: As a result, he believes AEP will be able to retire 25% of its coal-burning power plants and install advanced carbon-capture equipment on the remaining 75%. The ailing biodiesel industry has been playing weeping violins for a while, but its latest plea for help has a decided Doomsday ring. If Congress lets a $1-a-gallon tax credit for blenders expire at the end of the year, biodiesel makers could end up curtailing all production, according to a report released this week by the National Biodiesel Board. Associated Press Blast stains after an explosion in early December at a Seattle-biodiesel plant. Crude oil futures rebounded to almost $74 a barrel amid signs U.S. inventories might have declined last week, Bloomberg reports . But not all oil producers are entirely convinced crude has legs: Mexico has hedged against oil falling below $57 a barrel, in the FT’s Energy Source. Crude oil futures rose above $76 a barrel and take your pick of reasons why: A weaker dollar, a Dubai bailout, or more pirate attacks on oil tankers, Bloomberg reports . The U.S. Senate has pushed back action on the energy and climate bill until next spring, well after next month’s big climate-change summit in Copenhagen On Sunday, Denbury Resources Inc. agreed to buy Encore Acquisition Co One of the canards about climate legislation (like so much else that comes out of Washington) is that it will create winners and losers. |
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