Energy News for January 26, 2015

  • by BPC Staff
  • on January 26, 2015

Today’s Washington Brief:

  • The natural gas industry once had a few environmental groups on its side. But as the fracking boom took off, more and more groups moved to squarely oppose them. That’s led to a disconnect between the industry, EPA, and mainstream environmental groups over how green natural gas really is. Read the story from Morning Consult.
  • President Obama said he achieved a breakthrough with India’s prime minister on progressing a U.S. – India trade agreement related to the sale of nuclear reactors and fuel. More from the Wall Street Journal.
  • The White House announced it wants to set aside more than 12 million Acres in the Arctic National Wildlife Refuge. Republicans have strongly criticized the proposal. Read the story from the Washington Post.

Today’s Business Brief:

  • Solar power’s Investment Tax Credit, which covers 30 percent of a project’s cost, expires at the end of 2016. The looming expiration is stalling the development of solar plants across the U.S. It is also delaying the development of storage technologies that can produce energy even after the sun goes down. The New York Times
  • The U.S. added 4.7 gigawatts of new onshore wind capacity in 2014, a six-fold increase from a year earlier. More from Bloomberg News.
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