Energy

Monday, July 12, 2010 9:04 AM

Need-To-Know Memo, July 12

By Amy Harder, NationalJournal.com

1) In climate and energy bill discussions, senators are split on their support for a renewable energy standard versus a "diverse" standard that would also incorporate nuclear power and "clean coal." Either could become the core piece of a bill (CongressDailyAM -- subscription).

2) The fate of the bill lies with Senate Majority Leader Harry Reid, D-Nev. (The Hill). He will meet this week with committee chairs who have jurisdiction over energy (Politico).

3) EPA regulation of greenhouse gas emissions would take center stage in Congress and the courts if a bill passes this summer with no price on carbon (Politico).

4) President Obama's oil spill commission begins its work this week, with two hearings scheduled in New Orleans. It still doesn't have subpoena power or a budget of its own, and some of its staff positions are still open (Washington Post).

5) BP is considering selling its stake in Alaskan oil fields (New York Times). Apache and Exxon Mobil are rumored as possible buyers (Bloomberg).

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