SCOTUS stay a bump in the road for the Clean Power Plan

What the SCOTUS Stay Mean for the Clean Power Plan

Though legal challenges to full implementation of the Clean Power Plan (CPP) were expected, the Supreme Court ruling on Tuesday to stay progress on the CPP was a surprising and unexpected setback. The EPA regulation is president Obama’s signature action to curb U.S. greenhouse gas emissions from power plants. A coalition of 27 mostly Republican-led states and fossil energy interests,claiming …

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Abandoned pump. What the slump in oil prices means for Big Oil

Plummeting Prices, Slumping Profits and the Future of Big Oil

It may seem good for the consumer filling up at the pump, as average price for a gallon regular gas hovers just over $1.70, the first time prices were below $2/gallon since March of 2009. But what does it mean for the long haul when all the oil majors report precipitously declining profits in the face of plummeting oil prices? As Richard Matthews …

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