
There’s an early energy test coming for the new Congress. The question: Will lawmakers follow the lead of 29 states and the District of Columbia and commit the nation to drawing a certain percentage of electricity from renewable sources like solar, wind, and geothermal energy? Read more
The idea of an “energy stimulus” is picking up momentum in the corridors of power, along with a fancy new title. Look for such a plan, perhaps going by the name of “green recovery” or even “green prosperity,” to be the first climate change initiative of the Obama administration and the newly bolstered Democratic leadership of the 111th Congress. Read more
At the same time that ExxonMobil was racking up the largest quarterly profit of any U.S. company in history — $14.8 billion — the oil giant was fighting in court to avoid making the interest payment in the long-running case brought by victims of the 1989 Valdez supertanker spill in Alaska. In case you were wondering, the sum the plaintiffs say Exxon owes in interest, about $500 million, is about three days’ worth of company profits. Read more
An advocacy group run by a political operative with oil industry ties (and a famous photo-op history) is spearheading a late advertising blitz to sway Senate races, spending more than $650,000 in the last month to blast the Democratic candidates in Colorado and Kentucky, and to urge support for Republican incumbents in Mississippi. Read more
Las Vegas casino tycoon Sheldon Adelson upped his ante in former House Speaker Newt Gingrich's unregulated issues-advocacy group in August, with a $750,000 donation that helped propel the organization to the No. 2 fundraising spot among so-called 527 political groups this election season. Read more
Everyone is in favor of renewable energy — even members of Congress who have voted against it repeatedly. Such are the strange politics behind the federal tax credits that help keep alive wind, solar, and other forms of alternative energy. Read more

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