Thursday, July 8, 2010 9:14 AM
Need-To-Know Memo, July 8
By Amy Harder, NationalJournal.com
1) The Obama administration will argue in federal court today that its ban on deepwater drilling in the Gulf of Mexico should be reinstated (Bloomberg) The Interior Department is expected to issue new guidelines this week that could allow some drilling to resume (New York Times).
2) The Congressional Budget Office's analysis of climate legislation sponsored by Sens. John Kerry, D-Mass., and Joe Lieberman, I/D-Conn., found that the bill would reduce the deficit by $19 billion over 10 years (Politico). Meanwhile, manufacturing groups say an EPA cost analysis fails to properly consider their industries (The Hill).
3) The Energy Department is coming up short on energy efficiency, according to an internal audit released Wednesday (New York Times).
4) BP is aiming to complete a relief well by late July, weeks ahead of schedule (Wall Street Journal). Meanwhile, BP CEO Tony Hayward is working to maintain ties with the company's other foreign partners, including Russia and the United Arab Emirates (Washington Post).
5) Climate scientists who had been accused of manipulating global warming data were cleared of those charges by a British panel on Wednesday. But the independent commission also rebuked the scientists for their behavior and the way they interpreted data (New York Times).
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