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Exxon: $8.9B sought in New Jersey pollution case 'not real'

2015-04-16 00:07:13| Oil & Gas - Topix.net

Exxon Mobil's top lawyer said Wednesday that a heavily criticized $225 million pollution settlement with New Jersey was reasonable and that the nearly $9 billion initially sought by the state shouldn't be used as a barometer because it was calculated using faulty methodology. The settlement announced in March has drawn criticism from environmentalists and lawmakers in both parties who have said the state should have waited for a judge's ruling instead of settling for what they have a characterized as pennies on the dollar.

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Exxon: $8.9B sought in New Jersey pollution case 'not real'

2015-04-15 22:58:00| Energy - Topix.net

Exxon Mobil's top lawyer said Wednesday that a heavily criticized $225 million pollution settlement with New Jersey was reasonable and that the nearly $9 billion initially sought by the state shouldn't be used as a barometer because it was calculated using faulty methodology. The settlement announced in March has drawn criticism from environmentalists and lawmakers in both parties who have said the state should have waited for a judge's ruling instead of settling for what they have a characterized as pennies on the dollar.

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New Jersey BPU Approves Extension to Three PSE&G Energy Efficiency Programs

2015-04-15 19:53:00| Transmission & Distribution World

The New Jersey Board of Public Utilities has approved a Public Service Electric and Gas Co. request to spend an additional $95 million on three popular energy efficiency programs that decrease energy costs for participants and lessen climate change emissions. read more

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Yingli Green Energy Powers 15 MW of Solar Projects for Marina Energy in New Jersey

2015-04-14 12:31:11| Industrial Newsroom - All News for Today

BAODING, China  Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), one of the world's leading solar panel manufacturers, known as "Yingli Solar," today announced that it has supplied 15.5 megawatts (MW) of solar panels to Marina Energy, a PV project developer and...

Tags: new green energy projects

 

Experts, New Jersey officials say it could take years to put price tag on Exxon cleanup costs

2015-04-08 00:31:44| Oil & Gas - Topix.net

The price tag for cleaning up two petroleum refineries in northern New Jersey will cost Exxon Mobil much more than the $225 million settlement brokered by Gov. Chris Christie's administration, but critics of the proposal say it could be years until it's clear how much the company eventually will have to pay. The Department of Environmental Protection posted details of the proposed settlement with the Texas-based oil company on Monday but did not outline what it plans to do or how much the clean-up will cost.

Tags: price years put costs

 

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