Energy

Wednesday, July 7, 2010 9:14 AM

Need-To-Know Memo, July 7

By Amy Harder, NationalJournal.com

1) The Obama administration on Tuesday asked a federal judge to reinstate its deepwater drilling moratorium for the Gulf of Mexico (Wall Street Journal). Interior Secretary Ken Salazar said his department "had to take immediate action to minimize the risk of another spill," especially during hurricane season (Bloomberg).

2) The administration is hearing growing concerns from lawmakers who don't want it to approve a proposed pipeline that would bring Canadian oil to the U.S. (New York Times).

3) EPA on Tuesday announced new regulations aimed at cutting power plant emissions that cross state lines (CongressDaily -- subscription). Industry sources may push Congress to override these EPA regulations and others in its climate and energy legislation (Politico). The new rules may cause companies to shut down some coal power plants (Bloomberg).

4) Nearly 100 members of Congress sent a letter to Energy Secretary Steven Chu on Tuesday urging him to not abandon the nuclear waste repository site at Yucca Mountain (Las Vegas Review-Journal).

5) The administration will be pushing clean energy initiatives this week, but it likely won't be making any announcements about President Obama's preference for a climate and energy bill (Politico).

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