Member

The broad energy policy bill, which the House passed in August, would be disastrous for the nation if passed with few changes, a member and former chairman of the Texas Railroad Commission said.

The broad energy policy bill, which the House passed in August, would be disastrous for the nation if passed with few changes, a member and former chairman of the Texas Railroad Commission said.

As the July 9 Chicago Board of Trade (CBOT) shareholder and member vote on the Chicago Mercantile Exchange’s (CME) merger offer approaches, Atlanta-based IntercontinentaExchange (ICE) continues to lobby that its CBOT offer is “superior” on all fronts.

The entire seven-member Connecticut congressional delegation expressed its “strong and united opposition” to Broadwater Energy LLC’s controversial deepwater liquefied natural gas (LNG) import terminal in a recent letter to FERC Chairman Joseph Kelliher.

Mirant Corp. said last week it reached agreement with LS Power Equity Partners, a member of the LS Power Group, for the sale of six U.S. gas-fired plants for $1.407 billion, which includes estimated working capital. Net proceeds to Mirant after extinguishing $83 million of project-level debt are expected to total $1.324 billion. The company does not expect to recognize any significant tax or book gain on the transaction.

The entire seven-member Connecticut congressional delegation expressed its “strong and united opposition” to Broadwater Energy LLC’s controversial deepwater liquefied natural gas (LNG) import terminal in a letter Friday to FERC Chairman Joseph Kelliher.

The 210-member Silicon Valley Leadership Group Tuesday announced a “Clean and Green” 12-point alternative energy action plan that is designed to address the global warming and dependence on foreign oil. The group will work closely with some of its largest members and with the local utility Pacific Gas and Electric Co. The program is scheduled to be rolled out next month.

A veteran California Energy Commission (CEC) member and nationally recognized expert told a special meeting of western state energy regulators Friday that energy efficiency programs are the fastest way to address what he considers a worsening greenhouse gas (GHG) emissions problem. And Arthur Rosenfeld, Ph.D., said he wanted to send a message of urgency to the U.S. Congress to wake up and smell the added carbon dioxide (CO2).

The only new face unseating an incumbent in California’s 53-member Congressional delegation turned out to be an alternative energy entrepreneur with a doctorate in mathematics. Rep.-elect Jerry McNerney, a wind energy specialist, unseated seven-term Rep. Richard Pombo from the state’s 11th District in the San Francisco Bay Area. Pombo was chairman of the House Resources Committee. Environmental groups have taken credit for defeating Pombo whom they accuse of trying to roll-back various environmental protections in California and elsewhere.