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Europe: +44 (0) 207 198 1634 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 […]
Equities and the Economy Good morning and happy National Watermelon Day. U.S. equities ended the week on a weak note with all three major indexes posting marginal losses. The Dow ended down 56 points, .032%, the S&P 500 fell 5, 0.22%, to 2,104 and the Nasdaq was off a single digit to 5,128. Energy stocks […]
Equities and the Economy Good morning and happy National Talk in an Elevator Day. U.S equities pared early losses to end little changed yesterday with the Dow closing down 5 points at 17,746, the S&P 500 literally closing flat to Wednesday at 2,109 and the Nasdaq closing up 17 at 5,129. The big report yesterday […]
About 17.1 million North American residential consumers (44 percent of those eligible) and most large business consumers (80 percent) have exercised their right to choose their own electric retail service providers, according to the Annual Baseline Assessment of Choice (ABACCUS), a report released by the Houston-based consulting firm Distributed Energy Financial Group (DEFG). About 39.2 million electricity customers in North […]
Equities and the Economy Good morning and happy National Chili Dog Day. U.S. stocks rallied for a second day in a row yesterday with the S&P 500 leading the way gaining 16 points, 0.75%, to 17,751 followed by the Dow which posted a 121 point rise, 0.68%, closing at 17,751 and the Nasdaq in third […]
Good morning and happy National Chicken Wing Day. After a day of global equity destruction that dragged the Dow to its lowest level in 6 months equities in Europe and the U.S. bounced back yesterday with the bellwether S&P 500 leading the way rising 1..23%, a nice 25 points, ending at 2,093. The Dow and […]
The productivity of natural gas wells in the Marcellus Shale and the neighboring Utica Shale is steadily increasing because of ongoing improvements in precision and efficiency of horizontal drilling and hydraulic fracturing occurring in those regions. Since January 2012, natural gas production in the Marcellus and Utica regions has accounted for 85% of the […]
Energy efficiency is being embraced by companies as a critical competitive advantage. What’s more, many companies are generating at least a portion of their own power. Marlene Motyka, US alternative energy leader for Deloitte, gives the results of a new resources study in this podcast. The study found: 77 percent of respondents consider reducing electricity costs […]
The developer of the nation’s first commercial-scale offshore wind farm installed the first steel foundation for the project off Rhode Island’s coast. The Sunday installation of Deepwater Wind Block Island Wind Farm came just in time for a Monday tour of the site that will include Obama administration officials, lawmakers and Rhode Island’s governor, among […]
Equities and the Economy Good morning and happy Buffalo Soldiers Day (Bob Marley. Eh, mon). On the heels of a massive capitulation of the Chinese stock market equities around the world got crushed yesterday including, unfortunately, U.S. equities. When you woke up yesterday China’s Shanghai index had closed down a huge 8.48% (biggest one day […]
