Recommendation

CFTC Says Seven ICE Gas Contracts Subject to Agency Regulation

The Commodity Futures Trading Commission (CFTC) Tuesday accepted staff recommendation that seven look-alike natural gas contracts traded on the IntercontinentalExchange (ICE) platform are “significant price discovery contracts [SPDC],” making them subject to agency regulation and the self-regulatory authority of their trading exchange.

April 28, 2010

California Postpones Imposing GHG Emissions Fee

The California Air Resources Board (CARB) followed the recommendation of its chairman, Mary Nichols, and postponed until its July meeting a final decision on how to implement an estimated $54 million in state-mandated fees assessed against providers of fuels contributing to greenhouse gas (GHG) emissions. Nichols and her colleagues closed the hearing on the issue but directed CARB staff to try to accommodate some of the concerns expressed at Thursday’s board meeting.

June 29, 2009

New York Regulators: No ‘Emergency’ Rate Relief for NYSEG, RG&E

New York State Electric & Gas Corp. (NYSEG) and Rochester Gas and Electric Corp. (RG&E) Tuesday were denied rate hikes by the New York State Public Service Commission (PSC) on the recommendation of commission staff.

April 8, 2009

Polar Bears Declared Endangered; Harm to Economy ‘Limited’

Secretary of the Interior Dirk Kempthorne announced last Wednesday that he was accepting the recommendation of the U.S. Fish and Wildlife Service (FWS) to list the polar bear as a threatened species under the Endangered Species Act (ESA), a move he said would protect the bears “while limiting the unintended harm to the society and economy of the United States.”

May 19, 2008

Polar Bears Declared Endangered; Harm to Economy ‘Limited’

Secretary of the Interior Dirk Kempthorne is accepting the recommendation of the U.S. Fish and Wildlife Service (FWS) to list the polar bear as a threatened species under the Endangered Species Act (ESA), a move he said Wednesday would protect the bears “while limiting the unintended harm to the society and economy of the United States.”

May 15, 2008

Coast Guard Issues Favorable Supplemental EA for Cove Point Project

The U.S. Coast Guard on Thursday issued a favorable draft supplemental environmental assessment (EA) that supports the issuance of a “letter of recommendation” (LOR) on the suitability of the Chesapeake Bay waterway to handle the increased tanker traffic associated with the expansion of the Dominion Cove Point liquefied natural gas (LNG) terminal in Cove Point, MD.

March 17, 2008

Coast Guard Issues Favorable Supplemental EA for Cove Point Project

The U.S. Coast Guard Thursday issued a favorable draft supplemental environmental assessment (EA) that supports a “letter of recommendation” (LOR) finding that increased tanker traffic from the expansion of the Dominion Cove Point liquefied natural gas (LNG) terminal in Cove Point, MD, will not create significant environmental risks to the Chesapeake Bay.

March 14, 2008

Fastow Asks Court to Go Easy on Him

As the day of reckoning arrives this week for ex-Enron Corp. CFO Andrew Fastow, his lawyers hope the judge looks kindly upon a sentencing recommendation requesting leniency. Fastow is to be sentenced to up to 10 years in prison on Tuesday.

September 25, 2006

Dynegy Upgraded by Calyon Days After Downgrade

Calyon Securities upgraded its recommendation last Tuesday on Dynegy Inc., less than a week after it downgraded the company. In a research note to clients, analyst Craig Shere said the move to “add” from “neutral” came from the weakness in Dynegy’s share price, which plunged last week after the company said it expects to lose money next year.

December 20, 2004

Dynegy Upgraded by Calyon Days After Downgrade

Calyon Securities upgraded its recommendation Tuesday on Dynegy Inc., less than a week after it downgraded the company. In a research note to clients, analyst Craig Shere said the move to “add” from “neutral” came from the weakness in Dynegy’s share price, which plunged last week after the company said it expects to lose money next year.

December 15, 2004