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  • BERLIN— Volkswagen says second-quarter profits fell by more than half compared with the same period last year, before the company was hit by the emissions cheating scandal. The German automaker says it earned 1.2 billion euros after tax in the April-June period, compared with 2.7 billion euros in the second quarter of 2015.. The company, whose brands also...

  • Two dams of an iron mine belonging to Samarco (a Vale joint venture) broke in the city of Mariana on 5 Nov, 2015.

    BHP said the provision partly reflected uncertainty on when Samarco, its iron ore joint venture with Brazil's Vale, would restart.

  • ALBANY, N.Y.— New York state committed last year to generating half of its energy from renewable sources by the year 2030.. On Long Island, regulators will soon vote on a plan to authorize the largest offshore wind farm in the United States. In Albany, the state's Public Service Commission is considering a series of big subsidies for upstate nuclear power plants to...

  • Under agreements reached with Wyoming, New Mexico and Indiana, about 15 percent of Peabody's $1.2 billion in self-bonds will be secured by debtor-in-possession financing during its bankruptcy. Wyoming can receive $127 million cash if Peabody were to walk away from reclamation in that state while in bankruptcy, New Mexico $32 million and Indiana $17 million.

  • The first half of 2016 saw 14 billion euros of new investment in Europe's offshore wind industry, according to a new report.

  • District Judge Charles Breyer in San Francisco set an Oct. 18 hearing for final approval. Volkswagen also plans to offer a new proposal to fix 85,000 polluting 3.0 liter vehicles after regulators rejected an earlier plan, a Justice Department lawyer said on Tuesday. At the hearing, Justice Department lawyer Joshua Van Eaton said the German automaker had been...

  • DES MOINES, Iowa— The Texas company planning a crude oil pipeline that will cut across Iowa received the final federal permit approvals Tuesday needed to proceed with construction. Documents posted by the Iowa Utilities Board show the U.S. Army Corps of Engineers approved 60 river crossings in Iowa for Dakota Access, a decision pipeline opponents hoped to stop.

  • WASHINGTON, July 26- The top state prosecutors in New York and Massachusetts said on Tuesday they will refuse to comply with a subpoena from U.S. congressmen for details on their investigations into whether Exxon Mobil misled investors on climate change risks. The moves by New York Attorney General Eric Schneiderman and Massachusetts Attorney General Maura...

  • NEW YORK, July 26- Valero Energy Corp, the largest U.S. refiner, expects to get hit with a half-billion-dollar bill in the second half of the year thanks to the rising cost of meeting government mandates to blend biofuels. For the full year, the company's cost to blend renewable fuels like ethanol will swell to between $750 million to $850 million, mainly to pay for the...

  • WASHINGTON, July 26- New York state's attorney general on Tuesday said his office will not comply with a subpoena issued by U.S. congressmen for details on its probe of whether Exxon Mobil misled investors on climate change risks, saying it interferes with the state's "sovereign" interests. Earlier this month, the U.S. House of Representatives committee on...

  • A father shows his son the awful smelling algae hugging the shoreline of the St. Lucie River on July 11, 2016 in Stuart, Florida.

    There are several massive harmful algae blooms in the news, raising the question of what is making them more common.

  • TransCanada is behind the Energy East Pipeline project, a 4,600- kilometer pipeline, or nearly 3,000 miles, that would carry crude oil from tar sands in Western Canada to the East Coast, where it would then be shipped to refineries along the Texas Gulf Coast. Plans call for converting a natural gas line for part of the route and then building a new pipeline to...

  • District Judge Charles Breyer in San Francisco set an Oct. 18 hearing for final approval. Volkswagen also plans to offer a new proposal to fix 85,000 polluting 3.0 liter vehicles after regulators rejected an earlier plan, a Justice Department lawyer said on Tuesday. At the hearing, Justice Department lawyer Joshua Van Eaton said the German automaker had been...

  • A federal judge in San Francisco has granted preliminary approval to a $15 billion settlement over Volkswagen's emissions cheating scandal. The terms call for the German carmaker to spend up to $10 billion buying back or repairing about 475,000 Volkswagens and Audi vehicles with 2- liter diesel engines and paying their owners an additional $5,100 to...

  • ALBANY, N.Y.— The New York and Massachusetts attorneys general are refusing to comply with congressional subpoenas seeking records about their investigations into whether Exxon Mobil misled investors about man-made climate change. In an escalating political fight over global warming, the chairman of the House Science Committee is pursuing records from...

  • WASHINGTON, July 26- Volkswagen AG plans to offer a new proposal to fix 85,000 polluting 3.0 liter vehicles after regulators rejected an earlier plan, a Justice Department lawyer said Tuesday. Earlier this month, the California Air Resources Board rejected, as insufficient, a plan to fix the vehicles, VW and Audi luxury cars from model years 2009-2016. At a court...

  • Droughts, heat waves and other "climate disasters" enhance the risk of war and conflict in parts of the world with "high ethnic diversity," according to a new study.

  • Sustainable Energy takes a look at some of the ideas – and attitudes – that could help to transform the way we think about air travel.

  • ABU DHABI, United Arab Emirates— The United Arab Emirates might not seem like an obvious spot to begin and end a globe-spanning flight promoting renewable energy. One way is by backing the Solar Impulse 2 solar plane, which ended its groundbreaking round-the-world flight on Tuesday in Abu Dhabi and counts Emirati renewable-energy company Masdar among its...

  • —$12,500 to $44, 000: Range of values for the affected Volkswagen diesels before the scandal became public on Sept. 18, 2015. Owners who sell their cars back to VW would get the clean trade-in value as determined by the National Automobile Dealers Association depending on the model, age, mileage and options on their car. —$5,100 to $10, 000: Amount of additional...