If the much-hyped dream of U.S. energy independence must involve hydraulic fracturing (also known as fracking) to extract natural gas from shale deposits deep underneath the surface of the earth, the State of Vermont wants no part of it. Vermont Gov. Peter Shumlin signed a law May 16 banning fracking, a practice that involves injecting [...]
Continue reading...4. May 2012
While the push is under way in some states to provide roadside battery-charging for the thousands of electric cars on the highways, another alternative, the natural-gas-powered vehicle, mostly sits idle. Anyone who has watched television in the past decade knows about the Chevy Volt and hybrids like the Ford Fusion or the Toyota Prius. But [...]
Continue reading...5. April 2012
Tom Neyhart, president of Green Grants LLC, a New Orleans solar installation firm, said it’s too early to tell what impact a recent U.S. Commerce Department decision to levy import fees on solar panels made in China will have on his business. But he can’t help but feel uneasy about the decision. Green Grants works [...]
Continue reading...30. March 2012
GREENWOOD – In a special meeting on March 29, 2012, the Greenwood City Council passed a resolution to adopt a complete streets policy for the City of Greenwood. The adoption of a complete streets policy was a recommendation made in the Greenwood Comprehensive Plan that was adopted by the City Council in October 2010. The [...]
Continue reading...29. March 2012
In a possible foreshadowing of long-awaited findings by the Environmental Protection Agency, the Energy Institute at the University of Texas at Austin has found “no direct link to reports of groundwater contamination” from the controversial natural gas extraction method known as fracking. According to project leader Charles Groat, “From what we’ve seen so far, many [...]
Continue reading...21. March 2012
Energy financier and natural gas advocate T. Boone Pickens joined Gov. Phil Bryant and other utility and business leaders Wednesday to unveil a statewide energy policy for Mississippi. “While we wait for Washington and Congress to act, leadership is emerging at the state level, and this week, Mississippi, under the leadership of Gov. Phil Bryant, [...]
Continue reading...1. March 2012
The Federal Reserve’s Beige Book for Feb. 29, a periodic assessment of economic health throughout the Reserve Bank’s 12 districts, reported economic activity nationwide continued to increase at a modest to moderate pace from January through February. Hiring, manufacturing and banking all showed increases. Retail spending and tourism showed gains in some districts. Residential real [...]
Continue reading...26. January 2012
The Washington Post reported Thursday that President Barack Obama says his administration will open a large swath in the Gulf of Mexico for oil and gas exploration and development, fending off criticism that his policies have stifled domestic energy production. Obama is discussing the sale of the oil and gas drilling leases for nearly 38 [...]
Continue reading...25. January 2012
Update: Today (Jan. 27) KiOR announced that it has closed a $75 million four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo). KiOR is listed along with Achillion Pharmaceuticals, Sears Holdings and Rite Aid [...]
Continue reading...5. January 2012
Speakers address energy, education and health JACKSON – Members of the business community gathered at the Marriott hotel in Jackson today to hear Gov.-elect Phil Bryant’s agenda for economic development and the details of Blueprint Mississippi, a report on improving the state’s economic health that is sponsored by the Mississippi Economic Council (MEC) and other [...]
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21. May 2012
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