Energy

Tuesday, December 1, 2009 9:25 AM

Need-To-Know Memo, Dec. 1

By Amy Harder, NationalJournal.com

1) Senate Majority Leader Harry Reid, D-Nev., plans to meet "later this week with key Senate committee leaders for a pre-Copenhagen strategy session" (Environment & Energy Daily -- subscription).

2) Experts say that the near-term emissions targets the U.S. and China offered last week are "quantitatively comparable." China says it will reduce its emissions by 40 to 45 percent by 2020 relative to the size of its economy. The U.S. offered an absolute reduction: 17 percent below 2005 levels by 2020 (The Energy Daily -- subscription).

3) Major industrial companies, including Dow Chemical and Siemens, are expressing concern over the EPA and individual states regulating greenhouse gas emissions if Congress fails to act on climate change legislation (Financial Times).

4) "The controversy over private e-mails that were hacked from computers at a leading climate research center is expected to be a focal point for Republicans" on Wednesday during a House hearing. White House science adviser John Holdren, who exchanged some of the hacked e-mails, is set to testify (Environment & Energy Daily -- subscription).

5) Last month two American oil companies, Exxon Mobil and Occidental Petroleum, reached production agreements with Iraq for the first time since the U.S. invasion of the country in 2003 (New York Times).

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