From the Wall Street Journal (Ian Talley): "The Environmental Protection Agency issued an 11th-hour clarification on spent oil shale, declaring the byproduct of the development process not to be a hazardous waste. The ruling could limit production costs if U.S. developers move ahead with oil shale development, but the next administration under President-elect Barack Obama is expected to put the brakes on commercial development. Specifically, the EPA published data showing the characteristics of spent shale from operations indicate the waste is unlikely to be a hazardous waste. Oil shale is a fine-grained sedimentary rock that can be heated, vaporized, and upgraded to create a synthetic crude oil."
More Coyote Gulch coverage here.
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6:09:20 AM
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