BP

It's the first Earth Day since the BP oil spill. READ MORE >>

It’s always an exciting opportunity when the federal government can raise revenue and protect the environment while simultaneously increasing profits at private businesses. That’s why a recent Government Accountability Office (GAO) report on waste from the energy production processes is encouraging, even if it’s irritating. READ MORE >>

On a press call this afternoon, Senate staffers walked through the details of the minimalist energy bill that's hitting the floor this week. As expected, the bill will tighten up oversight on offshore drilling and lift the ceiling on the amount of damages oil companies are liable for in the event of a spill. (Naturally, the unlimited liability would apply retroactively to BP.) Plus, there's some money for the Home Star program, which will give owners rebates for making their homes more efficient, as well as various incentives for natural gas and electric vehicles. READ MORE >>

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