BUSINESS FEED

Ron Binz draws Republican fire as nominee to lead energy agency

By MATTHEW DALY Associated Press on Sep 18, 2013, at 2:27 AM  Updated on 9/18/13 at 3:42 AM


Murkowski


Energy

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WASHINGTON - President Barack Obama's nominee to be the nation's top energy regulator came under sharp questioning Tuesday from lawmakers concerned that he may be opposed to coal and natural gas.

Republicans and at least one Democrat on the Senate Energy Committee said they believe that former Colorado regulator Ron Binz favors renewable energy sources such as wind and solar over traditional fossil fuels.

Specifically, Republicans said they were troubled by Binz's comment that natural gas may be a "dead end" fuel. Republicans and Sen. Joe Manchin, D-W.Va., also criticized Binz's support of a Colorado clean-air law that they said resulted in the closure of several coal-fired power plants.

Alaska Sen. Lisa Murkowski, the panel's top Republican, told Binz at the conclusion of a three-hour hearing that she would vote against his nomination to chair the Federal Energy Regulatory Commission. Murkowski said she was not convinced Binz's views were "compatible with FERC's mission" to regulate interstate transmission of electricity, oil and natural gas.

Murkowski and other Republicans also said they were concerned that Binz was not truthful when he assured them that he was not part of a coordinated effort by a green-energy group and a lobbying firm to boost his nomination.

Manchin, who strongly supports coal, said he was undecided on Binz's nomination, but his comments made clear he has serious concerns. If Manchin or another pro-coal Democrat, Sen. Mary Landrieu of Louisiana, oppose Binz, his nomination would be in jeopardy. Democrats control the energy panel, 12-10. No Republicans spoke in favor of Binz Tuesday.

Binz said that as Colorado utilities chairman, he approved the state's largest coal-fired power plant, and noted that coal provides 40 percent of Colorado's electricity.

As FERC chairman he would be "source neutral" on energy, Binz said, adding that he would emphasize reliability.

Binz told the energy panel he had spoken "inartfully" at a March forum when he called natural gas a "dead end" fuel. He said he fully embraces use of natural gas, at least for the next two decades, but is concerned that steps need to be taken to ensure that natural gas does not contribute to greenhouse gas emissions.

Sen. Ron Wyden, D-Ore., the energy panel's chairman, said FERC does not regulate coal. Wyden said he was convinced Binz shared his view that the energy commission should not "pick winners and losers" among competing energy sources.

Original Print Headline: Energy nominee Binz draws Republican ire
Energy

Chesapeake Energy CEO tells employees 'staffing adjustments' likely to follow review process

Chesapeake Energy Corp. CEO Doug Lawler acknowledged Tuesday what many employees have feared.

Enbridge's Flanagan South Pipeline approaching construction start

While TransCanada's Keystone XL oil sands pipeline is a key point in the debate on climate change and fossil fuels, a 36-inch pipeline delivering essentially the same type of heavy Canadian crude will be making its way through Oklahoma without a presidential stamp.

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