October 22, 2020 archive

Scott Pruitt’s EPA legacy leads to lawsuit

  A former senior EPA official is suing the agency as well as the Department of Energy over alleged retaliation after he raised concerns about ex-Administrator Scott Pruitt’s excessive spending and mismanagement. Pruitt was grabbed by Trump when he was Oklahoma Attorney General to administer the EPA. E and E News reported Kevin Chmielewski, once …

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You could be leaving on a corn-fueled jet plane

    Corn. It’s not just for summer cookouts or animal feed anymore. For years, Midwest corn producers have been supplying feedstock for ethanol. Now, a team of researchers led by the University of North Dakota is working on a project to turn corn plant waste into jet fuel. More on that, after today’s headline roundup, starting …

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Energy news in brief

** Gulf Power seeks to recoup $200 million that it spent to restore power after Hurricane Sally from ratepayers. ** Duke Energy begins recycling coal ash at three North Carolina plants, as required by state law. ** Louisiana lawmakers approve a tax break for the oil and gas industry as it struggles through the pandemic. ** Japan has unveiled a new 500 kilometers per hour …

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Valero suffered a $464 million 3Q loss

  Valero reported a third quarter loss of $464 million or $1.14 per share, a far cry from the $609 million in net income or $1.48 per share for the third quarter of 2019. The company’s adjusted net loss was $472 million or $1.16 per share compared to a third quarter 2019 adjusted net income …

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Shuttered Iowa ethanol plant settles tax incentive deal

   Iowa’s economic development arm and a shuttered ethanol plant at Emmetsburg that had promised to produce millions of gallons from crop waste have reached a settlement that lets the company off the hook for millions of dollars in tax incentives. The Associated Press reported the Iowa Economic Development Authority approved a settlement with Poet …

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