Tim McLaughlin
Tim McLaughlin
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Exclusive: U.S. Congress launches probe into multibillion-dollar 'clean coal' tax credit

Exclusive: U.S. Congress launches probe into multibillion-dollar 'clean coal' tax credit

By BOSTON (Reuters) - The U.S. Congress is investigating a multibillion-dollar subsidy for chemically treated coal that is meant to reduce smokestack pollution, after evidence emerged that power plants using the fuel produced more smog not less.Slideshow The outcome of the probe could play a big role in whether lawmakers vote to renew the subsidy, on track to expire at the end of this year.The Government Accountability Office, the investigative arm of Congress, is examining the refined coal tax credit program which generates at least $1 billion a year for U.S. corporations, according to GAO...

March 15, 2021
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Texas wholesale electric prices spike more than 10,000% amid outages

Texas wholesale electric prices spike more than 10,000% amid outages

By (Reuters) - The spot price of wholesale electricity on the Texas power grid spiked more than 10,000% on Monday amid a deep freeze across the state and rolling outages among power producers, according to data on the grid operator’s website.Real-time wholesale market prices on the power grid operated by the Electric Reliability Council of Texas (ERCOT) were more than $9,000 per megawatt hour late Monday morning, compared with pre-storm prices of less than $50 per megawatt hour, according to ERCOT data.The surge reflects the real-time megawatt hour price of electricity and the cost of...

February 15, 2021
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Special Report: U.S. air monitors routinely miss pollution - even refinery explosions

Special Report: U.S. air monitors routinely miss pollution - even refinery explosions

By , , (Reuters) - When explosions ripped through a Philadelphia oil refinery last year, the shock waves knocked Felicia Menna’s front door frame out of place. Then came the black smoke.“My throat was closing shut,” recalled Menna, who lives about a mile away. “My nostrils felt like they were on fire.”She went to an emergency room, where doctors put her on a vaporizer device to ease her breathing and treated her with intravenous Benadryl for allergic reactions, according to medical records she provided to Reuters. She was among several dozen people who sought treatment after the blast,...

December 1, 2020
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