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In reversal, Obama administration to block oil drilling in Atlantic

In reversal, Obama administration to block oil drilling in Atlantic

WASHINGTON (AP) — In a major reversal, the Obama administration said Tuesday it will bar oil drilling in the Atlantic Ocean, a move cheered by environmentalists and consistent with the president’s aggressive steps to deal with climate change. Interior Secretary Sally Jewell made the announcement on Twitter, declaring that the administration’s next five-year offshore drilling plan “protects the Atlantic for ...

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Supreme Court puts Obama’s Clean Power Plan on hold

FPL Power Plant Smokestack Explosion. (Image: Kim Seng via Flickr)

WASHINGTON (AP) — A divided Supreme Court agreed Tuesday to halt enforcement of President Barack Obama’s sweeping plan to address climate change until after legal challenges are resolved. The surprising move is a blow to the administration and a victory for the coalition of 27 mostly Republican-led states and industry opponents that call the regulations “an unprecedented power grab.” By ...

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A look at Obama’s final budget proposal for 2017

A look at Obama's final budget proposal for 2017

WASHINGTON (AP) — President Barack Obama proposed a record $4.1 trillion budget on Tuesday. Here’s a look at each agency and department: __ ENERGY DEPARTMENT Up or down? Up 6.8 percent Highlight: — As part of a pledge following the 2015 Paris climate summit to double spending on clean energy research and development by 2021, the budget would spend $7.7 ...

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Energy companies ready to ship oil abroad

Energy companies ready to ship oil abroad

Less than a month after President Barack Obama signed a bill abolishing America’s crude export ban, energy companies are positioning themselves to ship American oil overseas. The first oil tanker left Corpus Christi on New Year’s Eve and is expected to arrive in Italy on Jan. 20. ConocoPhillips produced the oil from Eagle Ford Shale in Texas. The crude will ...

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Long-awaited repeal of export ban signed into law

Obama signs tax, spending bill; oil export ban repealed

President Barack Obama signed into law a $1.1 trillion government funding bill Friday afternoon, dodging a government shutdown and ending a 40-year-old crude oil export ban. U.S producers will now be able to sell crude to the international market. Republicans made lifting the export ban a top priority. They argued the ban was a relic of the Arab oil embargo ...

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Key sticking points in UN climate change talks

PARIS — Some 180 countries have already presented plans to cut or rein in their climate-warming greenhouse gas emissions. That’s a huge step forward for the U.N. climate talks but a host of difficult issues remain to be resolved before a new climate agreement can be adopted in Paris. Here are some of the most important ones: THE FIREWALL The ...

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