Energy

Tuesday, July 13, 2010 9:03 AM

Need-To-Know Memo, July 13

By Amy Harder, NationalJournal.com

1) Sens. John Kerry, D-Mass., and Joe Lieberman, I/D-Conn., this week will start circulating a scaled-back carbon pricing system plan that focuses on the utility sector (The Hill). Utilities are mixed on the idea, while Republicans maintain there isn't the time and there aren't the votes for a bill pricing carbon (Environment & Energy Daily -- subscription)

2) The Senate also faces a challenge passing measures related to the Gulf of Mexico oil spill, even though lawmakers agree on their importance (CongressDailyAM -- subscription). Hoping to ease passage in the House, top Democrats are urging colleagues to limit the number of amendments they offer during markup Wednesday (CongressDailyAM -- subscription).

3) Interior Secretary Ken Salazar issued a new deepwater drilling moratorium Monday that largely resembles the one federal courts struck down twice (Bloomberg). The co-chairs of the president's newly formed oil spill commission were stunned to hear Salazar say he was looking to them for advice on the moratorium (Wall Street Journal).

4) President Obama continues to plug his clean energy initiatives as job creators, but experts are skeptical and the industry has had a rocky start (Washington Post).

5) BP has installed a new cap on its leaking well and will start testing it today (Bloomberg). The British oil giant has had a history of taking risks and cutting corners (New York Times).

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