Republican asks colleagues to keep wind and solar tax credits
A New York Republican emerged from a key tax meeting to say that he had urged his House colleagues not to end tax credits for the wind and solar industry early.
Republican
Trump Iraq oil claims would have defied Geneva Convention – reports
Legal experts have claimed Republican Presidential candidate Donald Trump’s suggestion the US should have taken oil out of Iraq following the 2003 invasion would have been a violation of the fourth Geneva convention.
Republican candidate Ted Cruz sold off all his shares in Chevron, filing shows
Republican Presidential candidate Ted Cruz sold off all of his shares in oil major Chevron at the end of last year, according to transaction filings with the US Senate. According to reports, the politician had done so as he needed the liquidity.
Trump vows to take fight to Europe over offshore windfarm
Donald Trump last night instructed his lawyers to take his fight against an offshore windfarm to the European Court of Justice. The Supreme Court in London – the highest court in the land – yesterday announced it had rejected the US businessman’s appeal against the Scottish Government’s approval of the 11-turbine project at Aberdeen Bay. Vattenfall and Aberdeen Renewable Energy Group (AREG), partners of Aberdeen Offshore Wind Farm Ltd (AOWFL), welcomed the decision and reaffirmed their commitment to the project – with campaigners also hailing the victory for renewable energy.
Alaskan Senator calls for details on oil swap with Mexico
A Senator has urged the US Government to disclose whether any oil swaps with Mexico have been finalised after transactions were approved in August. Republican Senator Lisa Murkowski who heads the Senate’s energy committee, wrote to Commerce Secretary Penny Pritzker calling for further details. Administration officials previously said the Commerce Department was “acting favourably” on a number of applications to export US crude in exchange from imported oil from Mexico.
Jeb Bush plans energy policy rollout next week
Republican presidential candidate Jeb Bush will unveil a national energy plan next week that is a key part of his pledge to spur 4 percent economic growth. The plan, which Bush will detail at a natural gas company near Pittsburgh, is the latest roll-out from the former Florida governor as he attempts to sell himself to voters as the policy heavyweight in the field and steer clear of the personal battles that have erupted in the nomination race as Donald Trump has risen in the polls. Bush’s team will give a sneak peak of the plan to donors on Monday, a day before the candidate discusses it publicly, according to an invitation obtained by Bloomberg. On Tuesday, Bush talks about the plan during a campaign event at Rice Energy Inc., a company based about 35 miles outside Pittsburgh that acquires, explores and develops natural gas and oil properties in the Appalachian Basin, said Tim Miller, a Bush campaign spokesman.