WonkLine: February 2, 2010

Posted by Wonk Room Tue, 02 Feb 2010 20:36:00 GMT

From the Wonk Room.

Strong earnings from Exxon Mobil and bullish comments from coal analysts boosted the energy sector Monday” as climate negotiators say a global deal on climate change in 2010 is “all but impossible.”

“At a time when our country is struggling with a deep economic recession, the last thing I want the EPA to do is start regulating greenhouse gases without specific direction from Congress,” Rep. Earl Pomeroy (D-ND) said about the EPA budget plan that allocates $56 million for global warming regulation.

Indiana officials will not require insurance companies to complete a nationally approved climate risk survey, because it seems to advance a “politically driven agenda,” said Doug Webber, the state’s acting insurance commissioner.

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