May 8, 2008
Senate Democrats Seeking a Special Tax on Oil Profits (NYT)
Senate Democrats have called for a temporary special tax on oil companies’ profits and a rollback of $17 billion in oil industry tax breaks as part of an energy package.
Legislature Sends Another Coal Bill to Sebelius (Salina Journal)
The Kansas Legislature has sent Gov. Sebelius a third bill seeking to build two new coal plants, but the measure continues to lose support, and another veto is expected.
U.S. Wind Industry on Pace for Record 2008 (MarketWatch)
The US wind power industry is on track to continue its record run in '08 after the sector installed 1,400 megawatts in just three months, according to new data released by the American Wind Energy Association.
Be Like Nike: Big Biz Ranked on Greenness (Gristmill)
Nike, Stonyfield Farms and IBM were the top scorers on Climate Counts' second annual scorecard of 56 companies. Google topped the list of most improved, while Apple and eBay earned black marks.
Canada Facing Kyoto Probe over Greenhouse Gases (Reuters)
Canada will be investigated on suspicion of violating rules for registering greenhouse gases under the Kyoto Protocol. It could be suspended from trading CO2 if found to be in breach of the treaty.
U.S. Doles Out Cash for Two Carbon Storage Projects (Cleantech Group)
The US Department of Energy has put up $126 million for two large-scale carbon sequestration projects in California and Ohio.
Ponds Found To Take Up Carbon Like World's Oceans (Science Daily)
Ponds and lakes on farmland in the US can bury carbon at a much higher rate than expected -- as much as 20-50 times the rate at which trees trap carbon, according to new research from Iowa State University.
