Ohio Governor Freezes State's Clean Energy Law

Posted by Joseph R. Fonseca
Saturday, June 14, 2014

 

Ohio Governor John Kasich on Friday signed legislation to freeze a six-year old law that required utilities to sell increasing amounts of green energy, making the state the first in the country to roll back a clean energy mandate.

Kasich, a Republican mentioned as a possible contender for the 2016 presidential race, signed Senate Bill 310, which passed in the state's legislature with strong support from some of Ohio's biggest industrial power users, such as Alcoa, and the Ohio Chamber of Commerce.

A number of other companies with operations in the state, including Honda Motor, Honeywell and Whirlpool , opposed the freeze, and have said it will risk new jobs in the state.

The original 2008 Ohio law called on utilities to sell more green power each year. The Senate bill freezes the mandate at current levels until 2017.

The move comes after the U.S. Environmental Protection Agency released a proposal on June 2 to put the U.S. power sector on track to cut carbon dioxide emissions from existing power plants by 30 percent by 2030 from 2005 levels.

Each state has been given an individual target. Ohio needs to cut the amount of carbon it emits per megawatt hour of electricity produced by 28 percent.

Environmental groups have said that suspending the clean energy plan means Ohio will not be able to meet the recently introduced EPA carbon emission limits.

The original law passed easily under Kasich's predecessor, Democrat Ted Strickland. It required Ohio utilities to sell at least 25 percent of electricity from renewable sources like wind or solar by 2025.

The law also required utilities to boost energy efficiency, reducing customers' power usage by 22 percent.

In announcing on Friday afternoon that Kasich signed the bill, his office did not offer a comment.

(Reporting by Valerie Volcovici; Editing by Ros Krasny and Dan Grebler)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Shipping Firms Poised to Settle EU Probe

Fifteen container liner shipping companies "have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines," according

Liberia to Receive Preferential Flag Status with Respect to Chinese Tonnage Dues

Pursuant to the Maritime Transport Agreement signed between the Republic of Liberia and the People’s Republic of China on 3 November 2015, Liberia will be added

SBM Offshore: US Authorities Reopen Corruption Probe

SBM Offshore, the world's top oil production ship leasing company, said on Wednesday that U.S. authorities had re-opened an inquiry into bribery allegations involving the Dutch company.

Finance

Maersk Falls into the Red

Maersk Line posted a steep decline in profit last year to $1.3bn, well down from the 2014 result of $2.3bn and below its most recent forecast as freight rate declines

Maersk Line to Face Miserable 2016

In a video interview Group CEO of AP Møller-Maersk Nils S. Andersen comments on the 2015 full year result, low oil and freight rates, and the challenges and opportunities

Six New VLCCs Marks the Start of a Busy Delivery Year

2016 is off to a flying start when it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, says a report BIMCO.

Environmental

Proposed Changes to Long Island Sound Dredged Material Sites

The U.S. Environmental Protection Agency (EPA) is proposing to amend its 2005 rule that designated the Central and Western Long Island Sound Dredged Material Disposal Sites.

Next Generation Marine Power & Propulsion Conference

The Next Generation Marine Power & Propulsion Conference will be held at the Grand Harbour Hotel, Southampton, U.K. from April 26 to 28, 2016.    This unique

Wärtsilä Supporting Japan's 'Gas Age' Shipping

A total of 16 new gas carrier ships being built in Japan for Japanese owners are to be powered by Wärtsilä dual-fuel engines capable of running on liquefied natural

Energy

2016 a Busy Year for VLCC Deliveries - BIMCO

When it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, 2016 is off to a flying start. Six

U.S. Okays ConocoPhillips Alaska LNG Exports

The U.S. Department of Energy approved ConocoPhillips' application to export about 40 billion cubic feet of natural gas from its Kenai liquefied natural gas export

Gamesa, Siemens Negotiating Wind Merger Terms

German engineering group Siemens and Spanish renewable energy group Gamesa are in final negotiations on a deal to merge their wind power assets, two sources familiar

News

Maersk Line to Face Miserable 2016

In a video interview Group CEO of AP Møller-Maersk Nils S. Andersen comments on the 2015 full year result, low oil and freight rates, and the challenges and opportunities

Shipping Firms Poised to Settle EU Probe

Fifteen container liner shipping companies "have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines," according

US, India Consider Joint Patrols in South China Sea

The United States and India have held talks about conducting joint naval patrols that a U.S. defense official said could include the disputed South China Sea, a move that would likely anger Beijing,

Vessels

Maersk Falls into the Red

Maersk Line posted a steep decline in profit last year to $1.3bn, well down from the 2014 result of $2.3bn and below its most recent forecast as freight rate declines

Maersk Line to Face Miserable 2016

In a video interview Group CEO of AP Møller-Maersk Nils S. Andersen comments on the 2015 full year result, low oil and freight rates, and the challenges and opportunities

Hapag-Lloyd Buys Two Boxships

Hapag-Lloyd has bought two 2015-built, 3,500 teu wide-beam design containerships for deployment in its South America trades for an undisclosed price from NileDutch,

Offshore Energy

SBM Offshore: US Authorities Reopen Corruption Probe

SBM Offshore, the world's top oil production ship leasing company, said on Wednesday that U.S. authorities had re-opened an inquiry into bribery allegations involving the Dutch company.

FSRU Golar Tundra Sold to Golar LNG Partners

Golar LNG Limited has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners LP for a sale price of $330 million.

Parker Bestobell to Supply Valves for FSRU Newbuilds

Parker Bestobell Marine has recently completed a contract to supply cryogenic Globe and Check valves made in Sheffield, for Hoegh LNG’s series of five FSRUs (Floating

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pipelines Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1171 sec (9 req/sec)