All Environment
Why a Florida utility suddenly wants to serve HawaiiLike many big utilities, NextEra is looking at strategic mergers that offer a business advantage. Its $4.3 billion deal to buy Hawaiian Electric will give it important experience dealing with distributed renewable energy.
Will low oil prices derail renewable energy growth?A rosy outlook for clean energy now takes on an air of uncertainty as renewables look to avoid becoming a casualty of an era of low oil prices.
Want bipartisanship? Look to energy, former Senate leaders sayEnergy could provide fertile ground for bipartisan compromise in the next Congress, two former Senate majority leaders and the head of a think tank said at a Monitor breakfast Thursday. That could mean legislative action on anything from Keystone XL, to energy efficiency, to oil exports.
Why emissions are falling from a source you might not expectTechnology is making it possible for the energy industry to produce more natural gas and do it in a cleaner and more efficient way. It鈥檚 why the United States leads the world in carbon and other emissions reductions.
Data shows 2014 was an exceptionally hot yearRejecting claims global warming has paused, The World Meteorological Organization said the global average temperature for much of 2014 was above average, and is on track to tie the record hot year of 2010.
As rain finally falls in California, are residents weary of conserving water?After three years of severe drought, some California residents appear to be succumbing to water conservation fatigue. Officials worry that this week's heavy rains could tempt others to fall off the conservation wagon.
California gets rain at last: Will it be enough to help with drought?On Tuesday, downtown Los Angeles experienced the most rainfall in a single day since records have been kept 鈥� 1.21 inches of rain. But meteorologists suggest that the overall winter outlook is still sobering for California.
Low oil prices are a good thing, right? Not always.Plummeting oil prices seem like good news for US consumers, who are paying less at the pump than they have in four years. But cheap crude has its drawbacks 鈥� from undermining domestic oil production, to discouraging investment in new energy sources.
Ukraine nuclear plant accident cuts powerA Ukraine nuclear plant accident has cut power production but poses no danger, according to the country's energy minister. Normal power output from the nuclear plant is expected to be restored by the weekend.
Oil prices plunge. Is a shale bubble bursting?Oil prices have plunged in recent months, which is bad news for energy firms who have relied heavily on debt to finance their operations. Amid low oil prices,聽could a shakeout of the oil industry spark a broader financial crisis?
South Stream: Russia's 'nyet' and the pipeline to nowhereThe cancellation of South Stream, a proposed gas pipeline to Europe from Russia, comes amid fraying ties between two critical centers of energy supply and demand. It's the clearest signal yet that Russia's grip on European energy markets is slipping.聽
Power slowly returns to Detroit after massive power failureA massive power outage in Detroit Tuesday resulted in building evacuations, school closures, and traffic light failures.聽
Who wins from low oil prices? ChinaFalling oil prices benefit China because the country does not make money on oil. Instead, it buys it, and is the world's largest net importer of oil. The lower oil prices fall, the more affordable it becomes for China to develop its economy.聽
Detroit power outage: Cable failure darkens parts of cityDetroit power outage affected several government buildings in Detroit after a 'major cable failure' plunged the cash-strapped city into darkness. Schools and businesses said they would close or suspend services because of the Detroit power outage.
Putin says Europe killed South Stream pipeline. Did oil play a role too?The Russian president blamed European intransigence for his decision to end the gas pipeline, which would have circumvented Ukraine via Bulgaria and Serbia. But the decision also comes as dropping oil prices put the squeeze on Russia's budget.
South Stream: Russia cancels major gas pipelineSouth Stream 鈥� a proposed pipeline to ship Russian gas to Europe 鈥� is no more. Moscow announced Monday it was spiking the multibillion dollar gas pipeline project amid tensions with the West.聽
First nuclear, now coal: Germany eyes expanded energy transitionGermany is weighing whether or not to undertake another monumental energy transition 鈥� shutting down its coal-fired power plants in order to slash carbon emissions. Europe's largest economy is already charting an impressive path forward with renewable energy.聽
With oil prices strategy, OPEC takes aim at US shaleIf oil prices continue to slide, OPEC will almost certainly achieve its goal of preventing significant investment in new US oil production. But low oil prices will also put financial pressure on some of the cartel's most vulnerable members.聽
Oil prices, OPEC, and the future of energy [Recharge]By letting oil prices slide and maintaining market share, OPEC is playing a risky game of chicken that will take years to play out.聽
Crude falls below $68; oil sector stocks plungeOil prices plunge 8 percent in New York, one day after OPEC's decision to hold production steady. Europe's oil sector loses $67 billion in market capitalization over two days.