Environment & Energy

POLITICS: PennAve

Inaction could raise climate costs 40 percent, White House says

By Zack Colman | 07/29/14 06:00 AM

Waiting to address climate change would be more costly than acting now, the White House said in a new report.
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EPA chief: Power-plant proposal 'changing the tone' of global climate talks

By Zack Colman | 07/28/14 11:59 AM

The Obama administration's proposed greenhouse gas emissions rule for existing power plants is "changing the tone" of the international dialogue on climate change, Environmental Protection Agency Administrator Gina McCarthy said Monday.
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BP warns of impact of Russia sanctions on profits

By DANICA KIRKA | 07/29/14 05:54 AM

LONDON (AP) — Energy company BP warned Tuesday that further international sanctions on Russia could hurt its profits because of its stake in the country's oil giant, Rosneft. The company said any erosion of its relationship with Rosneft — which is majority controlled by the Russian state,...
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