environmental damage News

Fire Erupts after Ethanol Tankers Derail in South Dakota

Seven ethanol tanker cars derailed and at least one caught fire Saturday in southeastern South Dakota, according to Burlington Northern Santa Fe Railroad. The company said no one was hurt. The 98-car train carrying ethanol derailed about 6:15 a.m. in …

Shell Drill Ship Runs Aground On Island Off Alaska

Royal Dutch Shell PLC’s foray into Arctic offshore drilling has suffered a serious setback after one of its two Alaskan drilling rigs ran aground off a small island while trying to escape a fierce storm. The Kulluk drilling ship grounded …

Union Pacific to Pay $1.5 Million in Fines

Union Pacific Railroad will pay $1.5 million in fines for environmental damage in Provo and other areas of the Intermountain West. The Daily Herald of Provo reported the U.S. Environmental Protection Agency announced the settlement in a news release last …

Investors: Private Sector Must Tackle Climate Change

Institutional investors with a collective $26 trillion under management opened a new front Thursday in the fight against climate change, urging the private sector to mobilize, follow the money and find new technologies to cut greenhouse gas emissions. Putting a …

Va. Supreme Court: Insurer Not Liable For Claims From Global Warming

The Virginia Supreme Court has ruled in favor of an insurance company in a closely watched legal case involving global warming. The high court ruled that Steadfast Insurance Co., which provided commercial general liability (CGL) coverage for energy company AES …