The event comes as many vulnerable Democrats are getting hammered for their votes in support of House climate change legislation last year, but enviros argue these votes can be transformed into political winners.
BP sheds assets to pay for oil spill
“BP Plc’s asset sales to raise cash to pay for the Gulf of Mexico oil spill rose to more than $11 billion, and the disposal of other fields slated for sale may net the company about $19 billion more,” Bloomberg reports Monday.
“BP said in July it would raise between $25 billion and $30 billion over 18 months from selling oil and gas production assets outside key regions for growth. Today, it announced the sale of $1.8 billion of fields in Vietnam and Venezuela to its Russian joint venture TNK-BP.”
NYT hits Senate Republican hopefuls on climate denial
The New York Times editorial page looks at the climate views of GOP Senate candidates — and smacks Dick Cheney in the process.
“Former Vice President Dick Cheney has to be smiling. With one exception, none of the Republicans running for the Senate — including the 20 or so with a serious chance of winning — accept the scientific consensus that humans are largely responsible for global warming,” their editorial states.
“The candidates are not simply rejecting solutions, like putting a price on carbon, though these, too, are demonized. They are re-running the strategy of denial perfected by Mr. Cheney a decade ago, repudiating years of peer-reviewed findings about global warming and creating an alternative reality in which climate change is a hoax or conspiracy,” it adds.
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