A report released Monday concludes that electric deregulation has cost Texas residential consumers more than $11 billion in higher rates and that the operator of the state's major power grid, the Electric Reliability Council of Texas, has been poorly managed and industry-dominated.
The 101-page report, "The Story of ERCOT," is the result of a research project of the Steering Committee of Cities Served by Oncor and the Texas Coalition for Affordable Power, which works with 158 cities and other governmental entities to buy electricity in bulk.
Texas' electric deregulation cost: $11 bln in higher rates
Argentina and US row over seized US military material
Argentina has accused the US of trying to smuggle weapons and satellite phones into the country after cargo on a US military plane was seized last week.
Argentine officials say the material was not properly declared.
Argentine Foreign Minister Hector Timerman on Monday sent a formal protest to the US embassy, demanding a proper explanation about the seized cargo.
House Votes to Extend Patriot Act Provisions
The House on Monday voted to reauthorize and extend through Dec. 8 three ways in which Congress expanded the Federal Bureau of Investigation’s counterterrorism powers after the terrorist attacks of Sept. 11, 2001.
Last week, an effort to extend these provisions of the so-called Patriot Act and a related intelligence law failed to pass after falling just short of the two-thirds’ majority needed under a special rule. On Monday, however, the bill was able to pass with only a simple majority — and it did so, 275 to 144.
Common Cause Asks Court About Thomas Speech at Koch Brothers Event
Discrepancies in reports about an appearance by Justice Clarence Thomas at a political retreat for wealthy conservatives three years ago have prompted new questions to the Supreme Court from a group that advocates changing campaign finance laws.
When questions were first raised about the retreat last month, a court spokeswoman said Justice Thomas had made a “brief drop-by” at the event in Palm Springs, Calif., in January 2008 and had given a talk.
Chevron fined for Amazon pollution by Ecuador court
A court in Ecuador has fined US oil giant Chevron a reported $8bn (£5bn) for polluting a large part of the country's Amazon region. The oil firm Texaco, which merged with Chevron in 2001, was accused of dumping billions of gallons of toxic materials into unlined pits and Amazon rivers.
Campaigners say crops were damaged and farm animals killed, and that local cancer rates increased. Condemning the ruling as fraudulent, Chevron said it would appeal. The lawsuit was brought on behalf of 30,000 Ecuadoreans, in a case which dragged on for nearly two decades.
U.S. firm with poor ratings hired for more Afghan work
A U.S. contractor who has continued to receive government contracts despite criticism of its work in Afghanistan was given low ratings for its performance on two more high-profile projects in the war-torn country.
McClatchy has learned that the U.S. government criticized Black & Veatch for its poor oversight and delays of a Kabul power plant project and for a study of the viability of developing a natural gas field in the Sheberghan region in northern Afghanistan.
Energy drinks potentially dangerous for kids, study reports
Parents might start hearing more about Red Bull during pediatrician visits. Researchers at the University of Miami have reviewed the literature on energy drinks -- caffeinated beverages such as Red Bull, which sometimes also contain herbal supplements -- and their effects on children.
It's no great surprise that they found that the products, many of which have three times the caffeine of a cola and some of which have five times more, might be quite harmful to kids. Their results were released by the journal Pediatrics on Monday.
Gulf oil wells 10 miles from Deepwater Horizon site leaking since 2004
While the Deepwater Horizon well has been capped since July, another group of wells about 10 miles away has been leaking oil into the Gulf since 2004, according to federal records.
Citing litigation, federal officials refused last week to answer a series of questions about the ongoing leaks, including how many wells are involved, how much oil has escaped into the Gulf and whether any fines have been issued to Taylor Energy Co, LLC, the company that owns the wells.
The Problem With Transnationals And What To Do About It
New York’s Public Advocate, Bill de Blasio, recently released a very important study about Wal-Mart’s effects on local communities. It represents a major step forward in the understanding of the effects of Big Business.
The main conclusions are shocking, to the point, and make clear what damage Wal-Mart actually managed to do to the American economy. The fundamental conclusions are these:
Page 639 of 1139
