US House of Representatives
Dodd-Frank margin intent delivers end-users a blow, despite reprieve
Senator's letter fails to assuage end-user concerns over non-cleared swaps
Energy sector awaits regulatory clarity
Energy companies are looking to the Commodity Futures Trading Commission (CFTC) for more clues about the future regulatory landscape after the US Congress set the stage last week for a wide-ranging overhaul of derivatives regulation
Gensler calls for end to financials’ information advantage
CFTC chairman supports trading requirements in both versions of the financial reform bill that would benefit derivatives users rather than Wall Street banks, but calls for tighter exemptions to prevent systemic risk
Shell builds shale assets despite environmental concerns
Shell's $4.7 billion shale assets purchase today flies in the face of industry concerns about the impact of tighter regulations on future production
Controversial swaps legislation survives as US Senate passes bill
Swap dealers and major swap participants will be unable to qualify for federal government support
US energy secretary says clear clean energy signal needed
US energy secretary Steven Chu joined industry figures in underlining the need for a clear legislative signal to encourage investment in clean energy and emissions reductions technology at a Washington, DC conference this week.
CFTC and Ferc continue turf war over transmission rights
Wholesale electricity market participants yesterday called for an exemption for energy end-users from legislation that could see the Commodity Futures Trading Commission (CFTC) increase its jurisdictional powers over the sector.
US coal states rally against EPA’s greenhouse gases plan
US senator John Rockefeller of West Virginia introduced legislation today to suspend potential Environmental Protection Agency (EPA) regulation of greenhouse gases from stationary sources for two years.
EPA lays out GHG regulation timetable
The regulation of greenhouse gas (GHG) emissions by the US Environmental Protection Agency (EPA) is set to begin in 2011 with a higher-than-expected threshold, according to the latest details from the agency.
US shale extraction technique under investigation
US oil and gas shale production - seen as a vital contributor to US energy needs - is under investigation due to environmental fears over extraction techniques.
More legislation threatens EPA regulation of GHGs
The chairman of the US House Agriculture Committee has introduced bipartisan legislation designed to prevent the Environmental Protection Agency (EPA) from regulating greenhouse gas emissions under the Clean Air Act.
Markey: Climate bill by end of 2010
President Barack Obama will have a new clean energy bill to sign by the end of the year, according to US congressman Edward Markey.
Obama calls for comprehensive energy bill
In last night’s State of the Union address, President Barack Obama said he was eager to advance a bipartisan energy and climate change bill in the US Senate.
Carbon regulation block unlikely to get past President
A congressional move to prevent US Environmental Protection Agency (EPA) regulation of carbon emissions is unlikely to get past President Barack Obama, but the bipartisan protest indicates legislators want extra time to formulate their own climate change…
Senate starts deliberations on cap-and-trade bill
Senate committee hearings began yesterday on the Clean Energy Jobs and American Power Act, co-authored by senators John Kerry and Barbara Boxer.
House committee chairmen produce roadmap to OTC reform
Collin Peterson and Barney Frank, the chairmen of the US House Committee on Agriculture and the House Financial Services Committee, respectively, have agreed a set of principles for imminent reforms to over-the-counter derivatives regulation.
House of Representatives passes hedge funds bill
The US House of Representatives has passed a bill calling for a review of hedge fund regulation.