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Energy

Illinois leaders promote NY energy program as model

A group of Illinois mayors and community leaders encouraged state lawmakers in a letter Tuesday to follow the lead of the state of New York, which has adopted a new energy program that will help preserve several of that state's struggling nuclear plants. The letter to Gov. Bruce Rauner and legislative leaders was sent on the same day as Exelon Generation announced an agreement to assume ownership and management of Entergy Corp.'s James A. FitzPatrick Nuclear Power Plant in Scriba, New York. [node:read-more:link]

Report: States stand to gain if corporations have better access to renewables

Four Midwest states rank among the top in the nation for making it easier for corporations to gain better access to wind and solar. According to a report by Advanced Energy Economy.  The report lists the top 11 states that are “above average” when it comes to clean energy resources available as well as having large industrial energy loads, which includes Indiana, Michigan, Minnesota and Ohio. The report makes six policy recommendations that would make it easier for large energy users in those states to access renewable energy. [node:read-more:link]

Louisiana officials go to court blaming Big Oil for coastal ruin

The oil industry has left a big footprint along the Gulf Coast, where a Delaware-sized stretch of Louisiana has disappeared. But few politicians would blame Big Oil for ecosystem abuse in a state where the industry employs up to 300,000 people and injects $73 billion into the economy. Until now.  Following the lead of Gov. John Bel Edwards, Louisiana political orthodoxy is being turned upside-down as prominent leaders of both parties join lawsuits seeking billions of dollars for environmental improvement projects. [node:read-more:link]

Bankrupt Peabody wants to provide $11.9 million in executive bonuses

St. Louis-based coal miner Peabody Energy Corp. which filed for Chapter 11 bankruptcy asked a U.S. judge for permission to pay nearly $12 million in bonuses to the company's top six executives if it meets performance targets and emerges from bankruptcy. In a filing, Peabody said the incentives would help the company maximize its value for the benefit of all stakeholders. If the company falls short of the targets, executives will receive only their base salaries, which range from $444,000 to $1 million, Reuters reports. [node:read-more:link]

The Making of a Fractivist

Colorado has become ground zero for a fight being waged around the world by people opposing fracking for a variety of health and environmental reasons. Two ballot initiatives are pushing for enough signatures to make the November ballot. Initiative 75 would allow local governments to regulate fracking sites in their jurisdiction. [node:read-more:link]

Clean Power Plan:Calif. issues first-in-U.S. compliance plan

California's landmark cap-and-trade program for carbon emissions and proposed amendments to extend that system will be used to comply with U.S. EPA's Clean Power Plan, the state said.  The Golden State is the first in the country to publish a draft blueprint for fulfilling the federal agency's mandate, aimed at cutting existing power plant emissions, said Stanley Young, spokesman for the California Air Resources Board. ARB's draft plan comes as a court weighs the validity of EPA's Clean Power Plan. [node:read-more:link]

Dakota Access pipeline gets federal permit approvals in Iowa

The Texas company planning a crude oil pipeline that will cut across Iowa received the final federal permit approvals needed to proceed with construction. Documents posted by the Iowa Utilities Board show the U.S. Army Corps of Engineers approved 60 river crossings in Iowa for Dakota Access, a decision pipeline opponents hoped to stop.The company, a subsidiary of Dallas-based Energy Transfer Partners, plans construction of a $3.8 billion, 1,168-mile project that's already begun in Illinois, North Dakota and South Dakota. [node:read-more:link]

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