The market is focused on making money now and isn’t heeding urgent warnings about climate change, our columnist says.
Category: Energy and Power
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China Is Winning in Solar Power, but Its Coal Use Is Raising Alarms
China is building as much clean energy capacity over four years as it had promised to build in 10 years, but continues to add coal-fired power plants.
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Orsted, Offshore Wind Firm, Cancels N.J. Projects
Denmark’s Orsted said it would be forced to write off as much as $5.5 billion as wind developers in the U.S. face wrenching financing costs.
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Siemens Energy in Talks With German Government for Financial Help
Financial problems at the company, a major supplier of wind turbines and power plants, could hamper the energy transition.
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Biden Seeks to Tame Oil Prices if Mideast Conflict Sends Them Soaring
The president has previously drawn down the Strategic Petroleum Reserve to ease price pressures, but that could be more difficult now
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Green Energy Builders Sought $12 Billion More Subsidies. New York Said No.
The developers will have to decide whether to absorb the higher-than-expected costs or break their contracts with the state.
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Green Energy Casts a Shadow Over a Cherished English Landscape
Residents of East Anglia fear that planned power lines for offshore wind projects will blight their rural idyll.
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Stocks and Bonds Have Taken Losses. Invest in Them Anyway.
Most people have lost money in the markets over the last several months, but people who have held on have prospered, our columnist says.
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No Bidders in British Offshore Wind Auction
In a potentially troubling sign for the industry, wind farm developers declined to bid. They say rising costs make the terms offered by the government unreasonable.
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At 30%, Solar Panel Tax Credits Are at a High Point for Now
For about the next decade, homeowners can take advantage of the U.S. tax code to save on installation and reduce their electric bills.
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Hawaiian Electric Was Warned of System Fragility Before Maui Wildfire
The utility knew it needed to upgrade its equipment but did not make changes that could have reduced risks of fires, energy experts said.
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G.M. Will Add Backup Power Function to Its Electric Vehicles
As extreme weather events lead to more power outages, the carmaker said it would equip all its electric vehicles to act as sources of emergency power.
