Category: News

June 13 2017

Adelson’s Sands Joins Casinos in Fight Against Clean-Energy Bill

Billionaire Sheldon Adelson’s casino company is making a push against a Nevada plan to boost wind and solar power. Adelson’s Las Vegas Sands Corp. and much of the rest of the casino industry are opposing a bill sitting on Republican Governor Brian Sandoval’s desk that would increase the generation of renewable energy in the state. The […]

June 13 2017

Apple Issues a Second Green Bond to Finance Clean Energy

Apple Inc., which issued the biggest green bond ever sold by a U.S. corporation last year to finance projects fighting global warming, is doing it again. On Tuesday, the iPhone maker issued a $1 billion green bond to fund renewable energy generation. It builds on $1.5 billion worth of bonds the Cupertino, California-based company sold […]

June 13 2017

May’s Bid to Keep U.K. Lights on Harder After Election Loss

The U.K.’s search for 100 billion pounds ($127 billion) to maintain electricity supplies is likely to become tougher after the Conservative government lost its parliamentary majority in an election last week. Prime Minister Theresa May, who is leading a minority government, will need to focus more than ever to get consensus from lawmakers on Britain’s […]

June 13 2017

Why Australia Can’t Get at Its Huge Gas Reserves

In the tight-knit Outback town of Narrabri, the cold-shoulder treatment farmer Peter Gett has felt over the natural gas wells on his property has shown him that promoting Australia’s energy security comes at a cost.  The fifth-generation wheat grower opened gates and cleared tracks to smooth a path for exploration of the gas reserves beneath […]

June 13 2017

Glencore Doubles Down on Coal as Mining Rivals Head for the Exit

Glencore Plc is doubling down on coal, even as rivals BHP Billiton Ltd. and Rio Tinto Group move away from the world’s dirtiest fossil fuel. The company, run by former coal trader Ivan Glasenberg, made a surprise eleventh-hour $3.5 billion bid for a huge patch of thermal coal-rich ground on Australia’s east coast controlled by Rio […]

June 12 2017

London Mayor, Ford, Open Cleantech Hubs in U.K. Capital

The Mayor of London and Ford Motor Co. have both launched new cleantech hubs in the U.K. capital, as the city seeks to cement its place as a tech investment center one year after the Brexit vote. Sadiq Khan Monday announced the launched of Better Futures, an incubator focused on clean-tech startups, while Ford also […]

June 12 2017

America’s Stubborn Oil-Supply Glut Catches Funds Off Guard

Crude markets are taking oil optimists by surprise yet again. Hedge funds boosted bets on a rally just before West Texas Intermediate prices tanked from a report showing surging American stockpiles. Wagers rose 7.3 percent to the highest since April in the week through June 6, U.S. Commodity Futures Trading Commission data show. The next […]

June 12 2017

As Qatar Girds for Isolation, Gas Buyers Seek Better Deals

As Qatar grapples with deepening diplomatic isolation, Japanese liquefied natural gas buyers are pushing the world’s largest seller for cheaper supplies. Both Jera Co., one of the biggest LNG purchasers, and Tokyo Gas Co. haven’t decided if they’ll sign new deals with Qatar to replace current contracts that begin expiring in 2021, according to executives […]

June 11 2017

U.S. Environment Chief Exits G-7 Climate Talks Before End

U.S. environment chief Scott Pruitt headed home before the conclusion of a Group of Seven ministers’ meeting on climate in Italy to attend a cabinet meeting in Washington. Pruitt, who as Environmental Protection Agency administrator successfully campaigned for the U.S. to quit the landmark Paris climate agreement, left Bologna Sunday, the EPA said in an emailed statement. […]

June 9 2017

Study of VW’s Cheating on Diesels Examines Role of Bosch Code

A study alleges that Robert Bosch Gmbh created the software that enabled Volkswagen AG to evade diesel emissions standards for years. Technical documents also indicate Bosch code was used in a so-called defeat device for a Fiat Chrysler Automobiles NV model, according to a year-long study by researchers at the University of California, San Diego and […]