August 16-17, 2008
House to Rethink Drilling, Pelosi Says (New York Times)
Dropping her opposition to a vote on coastal oil exploration, Speaker Nancy Pelosi has announced that the House would consider expanded offshore drilling as part of broad energy legislation when Congress returns next month.
France Reaffirms Its Faith in Future of Nuclear Power (New York Times)
France is building its newest nuclear reactor, the first in 10 years, costing $5.1 billion. But already, Pres. Nicolas Sarkozy has announced that France will build another just like it.
Danish Wind Turbine Maker Adding 1,350 Colorado Jobs (The Denver Post)
Colorado officials have announced a major expansion for Vestas Wind Systems in what will become the state's largest renewable-energy venture. The Danish firm will build a $290 million wind-turbine plant that will employ 1,350 workers.
Oregon Seeks Lower Emissions from PGE Coal Plant (AP)
Oregon regulators have announced plans to cut pollutants from Portland General Electric Co.'s Boardman coal plant by 65 percent by 2014, which will require $400 million worth of added controls.
Swiss Companies to Build World's Highest Solar Power Station (AFP)
Swiss companies are planning to build the world's highest solar power station in the country's southern Alpine region, one of the project developers, electricity group BKW FMB, has announced.
EU Carbon Credits 'Undervalued' (ClimateBiz)
The price of carbon credits trading in the EU Emissions Trading Scheme dropped by as much as 25% during the last month, but EU research company IDEAcarbon predicts the credits are undervalued and will likely rally in the mid-term to an average of $43 per ton.
