According to several news accounts, the EPA is expected to release an updated rule - perhaps by next Friday - that would tighten greenhouse gas emissions from new fossil fuel power plants. Although few details are available, many utility and clean air observers expect the rule to phase in the required use of carbon capture and...

Today, President Obama announced broad and expansive plans to use executive authority to reduce greenhouse gas emissions from the nation's electric utilities.  The proposal would be the first ever for existing power plants, directing the EPA to issue new rules by June 2014 to reduce US greenhouse gas emissions by 17 percent below 2005 levels by 2020.

At a forum organized by the magazine New Republic the Deputy Assistant to the President for Energy and Climate Change, Heather Zichal, said “We are poised to take meaningful action" to address climate change and that it was a "legacy" issue for the Administration's second term. The comments triggered considerable speculation in energy/environment industry and trade circles that the Administration would make good on a pledge made in the President's State of the Union address to take executive action on climate change policies - including a controversial proposal to potentially expand carbon dioxide restrictions beyond just new plants but for existing power plants as well.

TransCanada has faced many hurdles in its multi-year effort to get a new 1,700-mile oil pipeline built. But this fall, the energy infrastructure company ran up against perhaps its stiffest opposition yet — from concerned residents and lawmakers in the state of Nebraska.