Category: News

October 25 2017

This Ban Could Cost Britons $1.3 Billion in Power Bills

The U.K.’s subsidy ban for new onshore wind farms could tack 1 billion pounds ($1.3 billion) onto power bills over five years by eschewing one of the cheapest forms of clean energy. Generating power from new onshore wind farms would be 100 million pound a year cheaper than doing so from new nuclear reactors or […]

October 24 2017

Argentine, Indonesian Biodiesel Face U.S. Dumping Penalty

Written by Jennifer A Dlouhy. This article first appeared in Bloomberg News.  The U.S. moved to impose more import duties on biodiesel from Argentina and Indonesia, after finding the fuel is being sold below fair market value. The U.S. Commerce Department set preliminary import duties of as much as 70.05 percent on Argentine imports and […]

October 24 2017

Poles Told Not to Burn Garbage as Another Winter of Smog Looms

Written by Maciej Martewicz. This article first appeared in Bloomberg News. Poland is hoping a media campaign will help it clean up the European Union’s most polluted cities. The bloc’s biggest eastern economy will start a media campaign to help teach Poles not to burn poor-quality coal or even rubbish to keep their homes warm, […]

October 24 2017

Big Oil Is Investing Billions to Gain a Foothold in Clean Energy

Written by Anna Hirtenstein. This article first appeared in Bloomberg Markets.  The world’s biggest oil companies are closing more clean energy deals as pressure to diversify their businesses mounts and growth accelerates among green technologies. Oil majors more than doubled the number of acquisitions, project investments and venture capital stakes, to 44 in 2016 from […]

October 24 2017

Tesla Calls on U.S. to Drop Perry’s Plan to Rescue Nukes, Coal

Written by Lynn Doan. This article first appeared in Bloomberg News. Elon Musk’s Tesla Inc. waded into an intensifying debate on Monday over whether U.S. coal and nuclear power plants should be paid for their ability to supply around-the-clock power. U.S. Energy Secretary Rick Perry laid out a plan last month to create special payments […]

October 23 2017

California Cars Are Running on Restaurant Grease

Written by Robert Tuttle. This article first appeared in Bloomberg Technology.  California’s battle against climate change is being fought more fiercely in fast food restaurants than in Tesla Inc.’s car factory in Fremont. Seven years after the Golden State began offering credits to producers of low-carbon fuels, cities and companies across California are using diesel […]

October 23 2017

Tesla Ranks No. 1 for Safety Feature Availability

Written by Dana Hull. This article first appeared in Bloomberg Technology. Tesla Inc. leads the pack among automakers offering the safety features that are making vehicles more autonomous, according to a report by car-shopping researcher Edmunds. Volvo Cars and Honda Motor Co. round out the top three carmakers that Edmunds ranked by the prevalence within […]

October 23 2017

Swedish Startup Tilts Into Power With Wooden Windmills

Written by Anna Hirtenstein. This article first appeared in Bloomberg News. A Swedish startup says its modular windmills can cut costs and help solve the logistical challenge of transporting giant masts to wind farms. Modvion, a Gothenburg-based company backed by the Swedish Energy Agency, has designed a wooden tower for wind turbines that can be taken […]

October 23 2017

Puerto Rico Lays Out Energy Future With Tesla, Privatization

Written by Jonathan Levin. This article first appeared in Bloomberg Markets. A Puerto Rican official who has been in talks with Tesla Inc. said the island is serious about transforming its energy infrastructure after it was leveled by Category 4 Hurricane Maria, despite questions about how such an overhaul would be funded. Speaking in a […]

October 23 2017

Tesla Suppliers Jump After China Production Commitment Affirmed

This article first appeared in Bloomberg News. Tesla Inc. suppliers jumped in Asian trading after the electric-car maker reaffirmed its commitment to finalize plans for manufacturing in China by year-end, potentially becoming the first foreign automaker with wholly owned production in the world’s biggest car market. Auto-parts maker Ningbo Xusheng Auto Technology Co. led gains […]