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America’s first ‘clean coal’ plant is now operational — and another is on the way

The first large scale U.S. “clean coal” facility was declared operational — by the large energy firm NRG Energy and JX Nippon Oil & Gas Exploration Corp.  Their Petra Nova project, not far outside of Houston, captured carbon dioxide from the process of coal combustion for the first time in September, and has now piped 100,000 tons of it from the plant to the West Ranch oil field 80 miles away, where the carbon dioxide is used to force additional oil from the ground. [node:read-more:link]

Wisconsin tribe votes against renewing Enbridge pipeline agreements

A Native American tribe in Wisconsin has voted against renewing agreements allowing Enbridge Inc to use their land for a major crude oil pipeline, the latest sign of increasing opposition to North American energy infrastructure. The Bad River Band decided not to renew easements on Enbridge's Line 5 pipeline last week because of concerns about the risk of oil spills, and called for the 64-year-old pipeline to be decommissioned and removed. The move against Line 5 underlines how environmental and aboriginal resistance to energy infrastructure is evolving. [node:read-more:link]

Cuba, United States sign oil spill deal

Cuba and the United States agreed on Monday to jointly prevent, contain and clean up oil and other toxic spills in the Gulf of Mexico, as they rush to conclude deals before President-elect Donald Trump takes office. U.S. Charge d'Affaires Jeffrey DeLaurentis, upon signing the agreement, said it was one of a series of deals to protect the shared marine environment of the two neighboring countries separated by just 90 miles (145 km) of water. Trump has threatened to scrap a still-fragile detente between the two countries unless Cuba makes further political and economic concessions. U.S. [node:read-more:link]

Most laid-off energy workers remain out of work

Nearly 90 percent of surveyed workers who lost their jobs during the oil bust either remain unemployed or opted to leave the oil and gas sector entirely, according to an ongoing study being conducted by University of Houston researchers. Roughly a quarter of laid-off energy who participated in the study — out of 720 respondents thus far — found work outside of the oil and gas industry, while more than 60 percent of them remain out of work. Only 13 percent of them have found new jobs within the industry. The two-year oil bust resulted in more than 215,000 U.S. [node:read-more:link]

Benefits of state renewable energy policies far outweigh costs

A new report from the national laboratories examined states’ renewable energy goals and found that, while renewables add costs, they more than make up for it in avoiding pollution and saving water.  For the first time, researchers from the National Renewable Energy Laboratory and Lawrence Berkeley National Laboratory took a look at state renewable energy portfolios and projected their costs and benefits decades into the future, as far as 2050.  Today, 29 states and Washington, D.C., have a renewable portfolio standard. [node:read-more:link]

Neb. town considers grants for Costco plant, faces residents’ amended lawsuit

City officials in Fremont, Neb., are moving forward with plans for Costco Wholesale Corp. to build a massive chicken complex in town while residents continue to fight the project.  The Fremont City Council tonight will consider granting Costco government incentives including $1.35 million in economic-development grants. Local residents concerned about the potential environmental impact of the facility have been fighting it through litigation. Late last week, two residents filed an amended complaint charging that the city approved the project’s expansion without notice. [node:read-more:link]

2 drug distributors to pay $36M to settle WV painkiller lawsuits

Two of the nation’s largest drug wholesalers have agreed to pay a combined $36 million to settle lawsuits that allege the companies benefited from West Virginia’s problem with prescription drug abuse. Cardinal Health, the largest supplier of drugs in West Virginia, will pay the state $20 million. AmerisourceBergen, the state’s third-largest drug distributor, agreed to pay $16 million. It’s believed to be the largest pharmaceutical settlement in state history. [node:read-more:link]

Dallas Fed Ag Credit Survey, “Concern” Noted

Bankers responding to the fourth quarter survey continue to report concern for producers financial positions and profitability due to low commodity prices. More specifically, the Fed report stated that, “Loan renewals and extensions continued to increase, albeit at a slower pace, as loan repayment rates declined for the second year in a row. Overall, the volume of non-real-estate farm loans was lower than a year ago. Operating loan volume increased year over year, while all other loan categories’ volumes fell [node:read-more:link]

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