OVERNIGHT ENERGY: Clock ticking on wind credit

IN CASE YOU MISSED IT:

Check out these stories that ran on E2-Wire Thursday . . .

— Green, labor coalition urges Obama to tackle climate change

— House Natural Resources subcommittee to sharpen focus on environmental reviews

— Court won't revisit greenhouse gas ruling

— Conservative groups urge lawmakers to end wind credit

— Census: Oil-and-gas heavy North Dakota is fastest-growing state

NEWS BITES:

NOAA: 2012 second-costliest year since 1980

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The National Oceanic and Atmospheric Administration (NOAA) said climate- and extreme weather-related events made 2012 the second-costliest year since 1980.

In all, NOAA tallied 11 events that cost more than $1 billion. The yearlong drought that has affected more than half the country and Hurricane Sandy were the two most expensive incidents.

Only 2005, in which Hurricane Katrina struck the Gulf Coast, outranked this year in terms of natural-disaster damage.

EPA headquarters to be named after Bill Clinton?

The Environmental Protection Agency (EPA) would be named after former President Clinton under a bill that awaits President Obama’s signature.

Senate Committee on Environment and Public Works Chairwoman Barbara Boxer (D-Calif.) said Clinton deserved the recognition for strengthening drinking-water standards and helping curb air pollution.

"President Clinton not only protected the environment, which saved thousands of lives, he also maintained a strong economy and created jobs. Naming the EPA headquarters is a fitting way to honor his legacy,” Boxer said in a Thursday statement.

Utility to shut down coal-fired generator

Electric utility Kentucky Power will shutter an 800-megawatt coal-fired generator in 2015 rather than upgrade emissions control equipment.

The utility, which is a subsidiary of American Electric Power, had planned to spend $1 billion on new equipment at its Big Sandy power plant to meet forthcoming federal air pollution rules.

It shelved those plans in May because of “changes in the electricity market,” according to Platts.

Kentucky Power will replace the retired generator with a 50 percent stake in the 1,560-megawatt Mitchell coal plant in West Virginia.

Please send tips and comments to Ben Geman, ben.geman@thehill.com, and Zack Colman, zcolman@thehill.com.

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