Ag panel to explore energy commodity regulations
A panel of the House Agriculture Committee will hold a hearing on the future of the Commodity Futures Trading Commission.
Witnesses include officials from the Edison Electric Institute and American Gas Association.
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House biofuel hearing hits second day
A House Energy and Commerce Committee sub-panel on Wednesday will begin day two of its hearing on the Renewable Fuel Standard.
Committee Chairman Fred Upton (R-Mich.) said on Tuesday that the federal biofuel-blending mandate must change.
The biofuel industry is vigorously defending the rule, which has come under attack from the oil industry, meat producers and some environmental groups.
Witnesses for the hearing include: Scott Faber, vice president of government affairs with the Environmental Working Group; Pam Johnson, president of the National Corn Growers Association; and Bill Roenigk, senior vice president of the National Chicken Council.
Click here for more on the hearing, which will be webcast.
GOP House member makes conservative case for energy efficiency
Rep. Cory GardnerCory GardnerThe Hill's 12:30 Report Schumer: GOP plan to make Warren the face of Dems 'not going to work' A guide to the committees: Senate MORE (R-Colo.) will host an 11 a.m. Wednesday briefing on Capitol Hill to discuss a report that makes the case for promoting energy efficiency legislation from a conservative view.
Gardner will be joined by members of the bipartisan Energy Savings Performance Caucus, which he co-chairs with Rep. Peter WelchPeter WelchBuyer beware: Not all 'milk' is created equal A guide to the committees: House Got soy milk? Don't let Congress, dairy industry bogart 'milk' label MORE (D-Vt.), as well as by conservative, business and national security groups.
The Emily Hall Tremaine Foundation, a nonprofit organization with interests in the environmental arena, the arts and with learning disabilities, commissioned the report, called “Powering Up America.”
It comes as the Senate is moving toward a potential vote on a comprehensive energy efficiency bill that its co-sponsors hope has legs in the lower chamber.
IN CASE YOU MISSED IT:
Check out these stories that ran on E2-Wire Tuesday ...
— Senior House Republican readies EPA power plant regs bill
— Rep. Simpson defends House EPA, Interior spending bill
— Bill limiting EPA power draws veto threat
— Landrieu knocks Interior's 'heartless' and 'tragic' stance on revenue bill
— Interior Department slams Senate energy revenue-sharing bill
— House Energy Committee chairman: Biofuel-blending system 'cannot stand'
— Sen. Shaheen: Keystone-free efficiency bill can clear House
— Veteran regulator to help energy clients steer clear of feds
— Senate energy revenue-sharing bill has $6B price tag
— Senate GOP prods Obama on Keystone
— Dems outraged at cuts in House Interior, environment bill
Green group analysis finds Keystone flunks Obama’s climate test ...
The Natural Resources Defense Council (NRDC) has a new analysis that concludes the proposed Keystone XL oil sands pipeline would trigger “significant” increases in carbon emissions.
That means it fails to meet President Obama’s standards for approving the project – the president said in late June that he’d only greenlight Keystone if it would not “significantly exacerbate the problem of carbon pollution.”
The pipeline, over 50 years, would add up to 1.2 billion metric tons of CO2 to the atmosphere, serving as a catalyst for expanded oil sands development, according to NRDC.
“On multiple fronts, ranging from how the pipeline would drive tar sands expansion to the excessive greenhouse gas emissions generated by the production of tar sands, the pipeline fails the president's all-important test,” the report finds.
Here’s a bit more:
Because the pipeline would have a significant impact on the profitability and expansion of tar sands production, its approval would send a market signal to the tar sands industry to pursue expansion plans. The pipeline is also the largest project under consideration for approval in the near term that would provide the transportation capacity necessary to enable tar sands production growth beyond 2015.
... as Keystone developer TransCanada pushes back
Keystone pipeline developer TransCanada Corp. is pushing back against the study, citing the March State Department analysis that found the project would not have a major effect on the rate of oil sands production expansion.
“The latest ‘paper’ by the NRDC and its allies does not add any new information to the discussion around Keystone XL,” spokesman Shawn Howard said in a lengthy rebuttal emailed to reporters.
“This ‘paper’ is built on a key – and false – premise. Keystone XL will not be replacing conventional oil in U.S. Gulf Coast refineries – it will displace heavy oils from places like Venezuela, and of the top five places the U.S. imports oil from, only Canada has greenhouse gas regulations in place,” he said.
Gas leak forces offshore rig evacuation
The Associated Press reports:
Natural gas flowed uncontrolled from a well off the Louisiana coast on Tuesday after a blowout that forced the evacuation of 47 workers aboard a drilling rig, authorities said.
No injuries or fires were reported. The federal Bureau of Safety and Environmental Enforcement said inspectors flying over the site Tuesday saw a light sheen covering an area about a half-mile by 50 feet.
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