Energy

Thursday, July 1, 2010 9:06 AM

Need-To-Know Memo, July 1

By Amy Harder, NationalJournal.com

1) Sen. Olympia Snowe, R-Maine, has been working for months behind the scenes on a utilities-only cap on greenhouse gas emissions (ClimateWire).

2) Hopes for climate and energy legislation may hinge on bills written by Senate Energy and Natural Resources Chairman Jeff Bingaman, D-N.M., namely the energy-only bill passed out of his committee last year; the utilities cap he is working on now; and oil spill legislation he sponsored with committee ranking member Lisa Murkowski of Alaska (Politico).

3) The Senate ENR panel on Wednesday passed Bingaman's oil spill bill, which reforms offshore drilling regulations (CongressDailyAM -- subscription). One amendment creates a bipartisan oil spill commission that would "effectively compete" with the one President Obama has created (The Hill). The Senate Environment and Public Works Committee approved legislation that removes the liability limit for oil spills (Wall Street Journal -- subscription).

4) The Gulf of Mexico oil spill could boost the ethanol industry's role in U.S. energy policy (Los Angeles Times).

5) EPA said in a report Wednesday that the chemical dispersant being used in the gulf to break up the oil -- and seven alternatives -- are all "practically non-toxic" or "slightly toxic" (Los Angeles Times).

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