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  • Puerto Rico pushes tax incentives for wealthy amid crisis Thursday, 11 Feb 2016 | 11:30 AM ET

    SAN JUAN, Puerto Rico— Puerto Rico's government is trying to convince hundreds of wealthy investors to move to the U.S. territory, hoping they could help lift it out of a deepening economic crisis. Speakers include former New York City Mayor Rudy Giuliani and New York hedge fund billionaire John Paulson, who recently bought some of Puerto Rico's most upscale...

  • Cuomo calls for probe into NRG handling of Dunkirk plant Wednesday, 10 Feb 2016 | 7:09 PM ET

    Andrew Cuomo is calling for an investigation of NRG Energy's handling of its Dunkirk power plant. In a letter to the Public Service Commission Wednesday, Cuomo describes what he calls grave concerns about the New Jersey company's behavior in the wholesale market and impact on the state. NRG announced plans to mothball the coal-fired plant in 2012 but kept it...

  • NEW YORK, Feb 10- The U.S. Supreme Court's decision to block federal regulations to curb carbon dioxide emissions failed to give a sustained boost to shares of the long-battered coal sector on Wednesday. After initially trading higher, Consol Energy Inc stock slipped 2.3 percent, and Peabody Energy Corp fell 0.9 percent. The states, led by coal producer West...

  • NEW YORK, Feb 10- Long-battered shares of coal companies jumped on Wednesday after the U.S. Supreme Court put on hold federal regulations to curb carbon dioxide emissions mainly from coal-fired power plants. The court's 5-4 ruling on Tuesday delivered a major blow to President Barack Obama, by blocking the centerpiece of his administration's strategy to...

  • RALEIGH, N.C.— The country's largest electric company is being fined $6.6 million for environmental pollution related to a big spill of liquefied coal ash in 2014, North Carolina environmental regulators said Tuesday. The fine covers violations that Duke Energy admitted when it pleaded guilty to federal pollution crimes nine months ago and agreed to pay...

  • COPENHAGEN, Feb 9- Denmark's Vestas beat forecasts with record orders for new wind turbines last year, signalling continued strong demand for renewable energy despite a plunge in fossil fuel prices. Hit by overcapacity and the withdrawal of some government subsidies during the global economic downturn, big wind turbine makers are now benefiting from a new...

  • ALBANY, N.Y.— An upstate New York town that repeatedly found itself without power for days during a string of storms is planning a dramatic step by pulling its municipal buildings entirely off the electric grid. The decision by Nassau to rely on solar, wind, landfill gas and battery storage by 2020 puts the town of 5,000 near Albany on the leading edge of a national...

  • EDEN, N.C.— Giant earthmoving machines beep and grind as they drop 17- ton scoops of coal ash and dirt into dozens of railroad cars lined up for two-thirds of a mile at a site along the Virginia- North Carolina border, where the country's largest electricity company was responsible for one of the worst spills of the toxic, liquefied waste in U.S. history.

  • BOSTON— Tapping into Canadian hydropower is hardly a new concept in energy-starved New England. Among several plans yet to secure final approval are the $1.4 billion Northern Pass project, designed to bring 1,090 megawatts of Hydro- Quebec power through New Hampshire into southern New England and a 1,000- megawatt transmission line beneath Lake Champlain...

  • ZAGREB, Feb 6- Croatia is unlikely to go ahead with plans to build a new coal-fired thermal plant in the northern Adriatic for which it entered partnership talks with Japan's Marubeni Corp, the environment minister said on Saturday. Such plants don't fit in, " Slaven Dobrovic said at an energy round-table in Zagreb. Croatia agreed early last year to begin talks with...

  • Empire District Electric posts 4Q profit Thursday, 4 Feb 2016 | 7:27 PM ET

    JOPLIN, Mo. _ Empire District Electric Co. on Thursday reported fourth-quarter earnings of $9.9 million. Empire District Electric expects full-year earnings to be $1.38 to $1.54 per share. Empire District Electric shares have risen roughly 5 percent since the beginning of the year.

  • The move is part of the company's attempt to reduce exposure to unregulated markets in the United States and internationally, and follows its $4.9 billion purchase of natural gas distributor Piedmont Natural Gas Co.. Duke's international business- which spans Brazil, Argentina and Chile- had earned only half of what the company had expected through...

  • Morocco unveils massive solar plant Thursday, 4 Feb 2016 | 7:34 AM ET

    OUARZAZATE, Morocco— Morocco's King Mohammed VI unveiled one of the world's biggest solar plants Thursday, taking advantage of the Sahara sunshine and a growing global push for renewable energy. It said Morocco was chosen for the project in part because of its political stability, and because the government created a solar energy agency and introduced...

  • Feb 4- Duke Energy Corp, the largest U.S. power company by generation capacity, said it was looking to sell a whole or part of its international energy unit.

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatise its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises it made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials who met...

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatize its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises it made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials who met...

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatise its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises Islamabad had made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials...

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatise its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises Islamabad had made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials...

  • NYC mayor wants to boost solar power capacity five-fold Wednesday, 3 Feb 2016 | 8:48 PM ET

    NEW YORK— New York City Mayor Bill de Blasio wants to increase the solar power capacity of city-owned buildings five-fold. The push comes as part of a commitment to cut greenhouse gas emissions in the country's most populous city by 80 percent by 2050.. As part of the new initiative, panels will be placed on 88 additional buildings, including 66 schools, the Queens...

  • GILLETTE, Wyo.— Like a trusty pickup truck, Gillette has bounced through tough times before and pulled through, thanks to coal. President Barack Obama's administration has ordered a three-year moratorium on sales of federal coal reserves, and it's putting a rare mood on folks in Gillette, a ranching-turned-energy town of 32,000: pessimism.