Category: News

June 2 2017

Denmark Is Killing Tesla (and Other Electric Cars)

The electric car has dropped out of favor in the country that pioneered renewable energy. Sales in Denmark of Electrically Chargeable Vehicles (ECV), which include plug-in hybrids, plunged 60.5 percent in the first quarter of the year, compared with the first three months of 2016, according to latest data from the European Automobile Manufacturers Association […]

June 2 2017

Coal Isn’t Coming Back, Even With Trump Leaving the Paris Accord

President Donald Trump just made good on his campaign vow to leave the Paris climate accord. Now, the hard part: making American coal great again. In announcing his withdrawal from the international pact to fight global warming, Trump touted mines opening in Pennsylvania, Ohio and West Virginia and said the Paris accord would’ve been a […]

June 2 2017

Paris or Not, Economics Are Squeezing Carbon Out of Power Mix

In curbing global-warming emissions, economics will pick up where President Donald Trump left off. Trump might have just pulled the U.S. out of the Paris climate accord, an international pact to fight global warming. But market forces will continue to squeeze carbon dioxide out of the U.S. power mix as generators replace costly and aging coal-fired […]

June 2 2017

Everyone But Donald Trump Is Standing By the Paris Climate Agreement

Why U.S. Paris Accord Dropout Won’t Kill Climate Pact Source: Bloomberg Global leaders vowed to press ahead with the Paris climate accord after Donald Trump pulled the world’s biggest economy out of the pact, and Europe’s heavy hitters rebuffed the American president’s suggestion that it could be renegotiated. Trump said he’ll seek a better deal […]

June 2 2017

Blankfein Tweets, Iger Quits Trump Council in CEO Climate Fury

The business community lashed back at Donald Trump’s decision to ditch the Paris climate accord, as two high-profile executives quit the president’s advisory council and Goldman Sachs Group Inc.’s Lloyd Blankfein took to Twitter for the first time ever to express disapproval. “Today’s decision is a setback for the environment and for the U.S.’s leadership […]

June 2 2017

Trump Cedes Climate Policy Leadership to Xi With Paris Accord Exit

President Donald Trump’s decision to isolate the U.S. on climate change has handed China a golden opportunity to burnish its image as a global leader, even as it angers and unsettles European allies. Trump’s decision to withdraw from the Paris Agreement on climate — aligning the U.S. with Syria and Nicaragua as the only holdouts from […]

June 2 2017

New York, California Governors Form Climate Change Alliance

The governors of New York, California and Washington state formed a coalition to fight global warming in response to President Donald Trump’s decision to pull the U.S. out of the Paris climate accord. The United States Climate Alliance will push to cut greenhouse gases and lead a state-level initiative to support the global agreement that […]

June 1 2017

Clean Energy Shares Hardly Move as Trump Pulls Out of Paris

Donald Trump has spoken: the U.S. will exit the landmark 2015 Paris climate accord. And clean-energy investors yawned. The WilderHill New Energy Global Innovation Index of companies in renewable and low-carbon energy barely budged, gaining less than 0.1 percent on Friday. Solar stocks rose slightly, with the Bloomberg Intelligence Global Large Solar Energy Valuation adding […]

June 1 2017

Trump’s Paris Adieu Is a Win for Coal and Oil But Not a Big One

The biggest winners in President Donald Trump’s decision to walk away from the Paris climate accord are oil, coal and natural gas producers. And even they aren’t popping Champagne corks. The president, who has called climate change a hoax, cast aside any lingering doubts about his commitment to fossil fuels Thursday when he announced the […]

June 1 2017

Trump to Exit Climate Pact as Allies Deride Call for Do-Over

President Donald Trump said he would withdraw the U.S. from the Paris climate pact, saying it favors other nations at the expense of American workers, a move that angered European allies, corporate executives and religious leaders. “We are getting out, but we will start to negotiate and we will see if we can make a […]