By Timothy Cama and Devin Henry - 01/26/16 06:10 PM EST
OFF TO SCOTUS?: States opposed to President Obama's landmark climate change rule are looking for a fast track to the nation's highest court.
Twenty-six states, led by West Virginia and Texas, asked the Supreme Court on Tuesday to block the regulation temporarily, after last week's rejection of their stay request by a lower appeals court.
If the Supreme Court bites, it could give the opponents an audience with the justices much faster than if they waited until the lower court ruled on the merits of the Environmental Protection Agency's (EPA) rule and the states appealed.
They told the court that, without a stay, the rule "will continue to unlawfully impose massive and irreparable harms upon the sovereign states."
The same coalition has tried other longshot methods in the past against the EPA's Clean Power Plan, including a failed attempt to get the appeals court to block it before it was made final.
Read more here.
PIPELINES TO GET CLIMATE TEST IN CANADA: Canada is due to start considering climate change when deciding whether to permit oil and natural gas pipelines.
Prime Minister Justin Trudeau announced the plan Tuesday with reporters. He said it's part of the liberal party's effort to improve the pipeline approval process, and that it's not his job to be a cheerleader for the industry, according to Reuters.
"The federal role is to put into place a process by which TransCanada and any other company could demonstrate that their projects are in the public interest and could have public support," Trudeau told reporters after meeting Montreal Mayor Denis Coderre, Reuters reported.
"And what we are going to roll out very soon, as we promised in our election campaign, is to establish a clear process which will consider all the greenhouse gas emissions tied to a project, which will build on the work already done."
The move affects a number of major projects on the horizon, along with a planned liquefied natural gas export facility in British Columbia.
Read more here.
WORLD BANK: CHEAP OIL CONTINUES THIS YEAR: Oil will remain below $40 a barrel this year, the World Bank projected Tuesday, slashing its previous estimates as prices continue to drop.
Oil briefly traded below $30 per barrel earlier this year, but has since rebounded slightly. But the World Bank -- which projected a price higher than $50 last fall -- said the price of crude likely won't top $40 in 2016.
"Low prices for oil and commodities are likely to be with us for some time," John Baffes, senior economist and lead author of the group's commodity price report, said in a statement. "While we see some prospect for commodity prices to rise slightly over the next two years, significant downside risks remain."
Continued low demand in developing economies, combined with high production in the U.S. and the return of Iranian oil exports will combine to keep prices low, the bank said.
Read more here.
ETHANOL FORCES TAKE AIM AT CRUZ: America's Renewable Future, a pro-ethanol group in Iowa, is taking aim at Republican presidential candidate Ted CruzTed CruzFiorina returns to attack Clinton's 'lust for power' Trump clinches GOP nomination Eleven states sue Obama over transgender bathroom directive MORE with less than a week to go before the state's caucuses.
The group is launching a five-figure radio ad buy against Cruz, accusing him of hypocrisy on the federal ethanol mandate.
"Ted Cruz claims he's not in Big Oil's pocket and that he wants to level the energy playing field," the ad says. "Yet, he has introduced three bills to repeal the Renewable Fuel Standard, but has never taken a single step to end Big Oil's 103 years of taxpayer subsidies. What a hypocrite."
Cruz favors a phase-out of the ethanol mandate, something opposed by those in the industry.
The Texas senator is battling Donald TrumpDonald TrumpTrump encourages Rubio to reclaim Senate seat Embattled pharma CEO endorses Trump RNC launches ad against 'Crooked Hillary' MORE for the lead in Iowa with only a few days of campaigning remaining.
Read more about ethanol in Iowa here.
ON TAP WEDNESDAY I: The Senate is due to start debating the broad energy bill sponsored by Sens. Lisa MurkowskiLisa MurkowskiSenators float bipartisan wildfire bill Overnight Energy: Lawmakers closing in on chemical safety deal GOP chair pushes Obama official on Arctic drilling plan MORE (R-Alaska) and Maria CantwellMaria CantwellSenators float bipartisan wildfire bill Dems pressure Obama on vow to resettle 10,000 Syrian refugees Moulitsas: Can Hillary pick Gillibrand as her veep? Yes. MORE (D-Wash.).
Murkowski and Cantwell started to speak about the bill Tuesday, when they noticed something peculiar: everyone on the Senate floor was a woman. Read about that here, via the Washington Post.
ON TAP WEDNESDAY II: Three national laboratories and think tank Third Way are hosting a summit on advanced nuclear energy technology.
AROUND THE WEB:
Last weekend's snowstorm rated as a category 4 on NOAA's scale -- a "crippling event," according to the agency.
Officials in San Diego are considering whether the city should be able to buy its own electricity as it looks to shift to 100 percent renewables, NPR reports.
State and local officials have not yet started replacing corroded lead pipes in Flint, Mich., NBC News reports.
IN CASE YOU MISSED IT:
Check out Tuesday's stories...
-Feds blame chemical storage for deadly Texas plant explosion
-States appeal to Supreme Court in fight against Obama's climate rule
-GOP chairman: Paris climate agreement will fail
-Doomsday Clock: World more dangerous than during Cold War
-World Bank: Oil to stay under $40 a barrel for '16
-Canada to consider climate change in future pipeline approvals
-California pushing insurers to cut coal investments