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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S. equities close marginally higher yesterday. • Nasdaq touches record high. U.S. stocks edged higher yesterday with the Dow adding 24 points closing at 19,122, the S&P 500 finished 3 points up at 2,205 and the Nasdaq popped 11 ending at 5,380 touching its record high intraday or 5,404. The […]
Although many of the 19 proposed Northeast pipelines will not be built, the added natural gas production and consumption would increase greenhouse gas emissions, exactly what the US is attempting to limit. A service truck drives past an oil well in North Dakota, November 2014. The United States will miss its emission-reduction targets under the […]
Full rail cars outside Cloud Peak Energy’s Antelope Coal loading terminal in Rawlins, Wyo. About 40 percent of the nation’s coal is mined on public land in the state. Credit Jim Wilson/The New York Times WASHINGTON — The Obama administration will announce on Friday a halt to new coal mining leases on public lands as […]
In the spring of 2009, in the depths of the Great Recession, the commercial photographer Jamey Stillings was having a hard time. The work had dried up at his Santa Fe, N.M., studio, so he decided to shift gears and put his energies in a different direction. Mr. Stillings had survived recessions before, so he […]
LE BOURGET, France — With the sudden bang of a gavel Saturday night, representatives of 195 nations reached a landmark accord that will, for the first time, commit nearly every country to lowering planet-warming greenhouse gas emissions to help stave off the most drastic effects of climate change. The deal, which was met with an […]
Solar farms in California. California’s “million solar roof” program mirrored Germany’s “hundred-thousand solar roof” initiative that began a few years ago. Credit Monica Almeida/The New York Times PARIS — One is a European country known as “the powerhouse of Europe” that struggles against soggy winters and seemingly endless gray skies. The other is a digitally […]
Yesterday, Bill Gates announced The Breakthrough Energy Coalition, which is a $2 billion fund he is establishing with other wealthy folks and the University of California. It is aimed at closing the cost premium between legacy energy sources and those that reduce carbon emissions. The subtext is clear: Businesses won’t become fully engaged in combating […]
Drought has brought the water level at Lake Oroville in California close to a record low. Credit Ruth Fremson/The New York Times A solid majority of Americans say the United States should join an international treaty to limit the impact of global warming, but on this and other climate-related questions, opinion divides sharply along partisan […]
US President Barack Obama delivers remarks at a Clean Power Plan event at the White House in Washington, DC, August 3, 2015. (JIM WATSON/AFP/Getty Images) WASHINGTON (AP) — Pushing back against fossil fuel interests, President Barack Obama is pressing to give ordinary Americans more power to choose what kind of power they use. The president, […]
In what many are calling the strongest federal action to combat climate change in U.S. history, President Obama will announce regulations Monday morning aimed at cutting carbon dioxide emissions from the electric power sector 32% nationwide by 2030. The final rules are a strengthened version of a draft proposal released last June, which called for a […]
