Friday, January 3, 2014

News Clippings 1.3.14

1.3.14



State





Questions arise over state's use of Katrina recovery money
HUD report: Miss. relied upon faulty figures, documents
AP


A new federal report says Mississippi officials accepted unsupported

population growth estimates in developing a plan to use $653 million in

federal Hurricane Katrina recovery money for water and wastewater

facilities, including some that may not be needed.

http://www.clarionledger.com/viewart/20140103/NEWS01/301030022/Questions-arise-over-state-s-use-Katrina-recovery-money







HUD audit questions state's post-Katrina utility spending
HUD questions state's post-Katrina utility spending
Sun Herald
BY ANITA LEE



The state failed to adequately oversee a $653 million program for regional

water and wastewater improvements after Hurricane Katrina, leading to

construction of some plants that are too small, "excessive," or may not be

needed, a federal audit concludes.

http://www.sunherald.com/2014/01/02/5229302/hud-audit-questions-states-post.html




Federal agency questions post-Katrina water systems

WLOX


BILOXI, MS (AP) -Members of the Harrison County Utility Authority knew a
federal report was about to be released pertaining to 67 wastewater
treatment facilities approved since Hurricane Katrina. Today, that report
came out.
http://www.wlox.com/story/24348012/federal-agency-questions





HUD Audit Questions Post-Katrina Water Grants



BY EVELINA BURNETT


MPB



A new report by the U.S. Department of Housing and Urban Development's
Office of the Inspector General is questioning some appraisals and
population estimates used in the state's post-Katrina water and wastewater
utility grants.
http://mpbonline.org/News/article/hud_audit_questions_post_katrina_water_grants




SUN HERALD | Editorial: HUD took its time to question estimates


In 2006, almost a year to the day after Hurricane Katrina struck the Coast,

the U.S. Department of Housing and Urban Development approved Mississippi's

plan to spend $653 million in federal recovery money on water and

wastewater facilities in South Mississippi.

http://www.sunherald.com/2014/01/02/5229931/sun-herald-editorial-hud-took.html




Bunge ethanol plant sale reflects doubt over EPA mandate
Reuters

Thu, Jan 2 2014

By Michael Hirtzer



Jan 2 (Reuters) - Bunge North America Inc, a division of Bunge Ltd, has
sold its stake in a Mississippi ethanol plant in what is likely to be the
first a spate of industry deals amid uncertainty over biofuel use in the
United States, analysts said on Thursday.
http://www.reuters.com/article/2014/01/02/bunge-ethanol-idUSL2N0KC14720140102







Oil Spill





Former BP engineer says juror misconduct tainted verdict

The Associated Press

January 02, 2014 at 6:15 PM



Defense attorneys for a former BP engineer convicted of trying to obstruct

a federal investigation of the company's 2010 Gulf oil spill claimed

Thursday that jurors engaged in misconduct that warrants a new trial.

http://www.nola.com/news/gulf-oil-spill/index.ssf/2014/01/former_bp_engineer_says_juror.html





National





EPA publishes carbon capture regs

The Hill

By Ben Goad


The Obama administration on Thursday detailed final regulations easing the
path toward technology needed to allow new coal-fired power plants to
operate.
http://thehill.com/blogs/regwatch/energy-environment/194276-epa-publishes-carbon-capture-regs





Despite reports, response slow to danger of oil fires on rail tankers
BY CURTIS TATE
McClatchy Washington BureauJanuary 2, 2014

WASHINGTON Five years before a train loaded with crude oil derailed and

exploded last year in Quebec, killing 47 people, another derailment in

Oklahoma should have given federal regulators an early warning that the

type of oil both trains carried was more flammable than authorities

realized.

http://www.sunherald.com/2014/01/02/5230136/despite-reports-response-slow.html





Press Releases





Ergon Acquires Bunge's Interest in Mississippi Ethanol Facility
January 02, 2014




JACKSON, Miss.--(BUSINESS WIRE)--Ergon, Inc. announced today that its

wholly owned subsidiary, Ergon Ethanol, Inc., acquired Bunge North America,

Inc.'s interest in and now owns 100% of Ergon BioFuels, LLC located in

Vicksburg, Mississippi. Financial terms were not disclosed. Effective

December 31, 2013, Bunge-Ergon Vicksburg, LLC changed its name to Ergon

BioFuels, LLC.



Ergon BioFuels, LLC, formerly Bunge-Ergon Vicksburg, began as a joint

venture between Ergon Ethanol, Inc. and Bunge North America in 2007. With

an annual throughput capacity of 54-million gallons, Bunge-Ergon Vicksburg,

LLC was one of the largest producers of ethanol in the southeastern United

States until operations were suspended in December 2012.



"This transaction allows us to look at alternative feedstocks, as well as

how the plant may be used for products beyond traditional ethanol

production," said Don Davis, President of Ergon's Refining and Marketing

division. "In addition, we feel the Ergon BioFuels facility will be

synergistic with nearby Ergon Refining, Inc.'s opportunities for an

expanded product base."



About Ergon Ethanol



Ergon Ethanol, Inc. is a wholly owned subsidiary of Ergon, Inc. Ergon, Inc.

is a privately held company that operates under six primary business

segments: Refining & Marketing, Asphalt & Emulsions, Transportation &

Terminaling, Oil & Gas, Real Estate, and Corporate & Other.



About Bunge North America



Bunge North America, Inc., the North American operating arm of Bunge

Limited (NYSE: BG), is a vertically integrated food and feed ingredient

company, supplying raw and processed agricultural commodities and

specialized food ingredients to a wide range of customers in the livestock,

poultry, food processing, foodservice and bakery industries. With

headquarters in St. Louis, Missouri, Bunge North America and its

subsidiaries operate grain elevators, oilseed processing plants, edible oil

refineries, packaging facilities, and corn, wheat and rice mills in the

U.S., Canada and Mexico.