If naughty kids get a lump of coal in their stocking, do good kids get clean energy? Depends on who's playing Santa in your nation's capital, says Terry Tamminen.» Read More
DURHAM, N.C.-- North Carolina is poised for an economic boost thanks to laws authorizing fracking and by opening the door wider to more alternative energy production, Gov. Pat McCrory predicted Wednesday before state business leaders.
WASHINGTON, Dec 5- Industries with millions of dollars at stake over the U.S. government's plan to lower the amount of biofuel that must be used in 2014 will air their grievances on Thursday in one of the most divisive policy debates of the year.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Gold jumped $25 today, mostly on "position squaring," she reports. All eyes are now on tomorrow's jobs number and what that means to the taper.
LONDON, Dec 4- Supporters of renewables often imply the clean-energy revolution is close to phasing out fossil fuels for electricity generation in the United States, especially polluting coal-fired power plants.
CNBC's Sharon Epperson reports oil closed above $96 per barrel, the highest price since the end of October. And TransCanda's key pipeline will be operational by January 3rd.
RALEIGH, N.C.-- A long-anticipated $200 million ethanol plant that will turn grasses grown on North Carolina hog farms into motor fuel will go ahead, Gov. The plant operated by Biochemtex, a partnership headed by Italy- based Gruppo Mossi& Ghisolfi, plans to employ 65 people in three years near Clinton in Sampson County.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil was up today, mostly due to manufacturing data and numbers out of China. OPEC nations meet in Vienna on Wednesday.
CHICAGO, Nov 27- A month ago, Steve Walk was on the brink of deals to sell two big oil refiners some of his company's specialized oil pumps, which serve up fuel that is 85 percent ethanol, a biofuel made mostly from corn.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. There's was a mixed trade for oil today, but a bullish day for nat gas, as the drawdown was bigger than expected. Oil hit a 5-month low after a bigger-than-expected build.
BRUSSELS, Nov 27- The European Union on Wednesday imposed hefty duties on Chinese imports of glass used in solar panels, saying China's producers were exporting at unfairly low prices that threatened European manufacturers.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Traders are looking ahead to inventory numbers after the deal with Iran. They expect a build of about 800,000 barrels, she says.
LONDON, Nov 26- Germany's RWE has scrapped plans to build the world's largest offshore wind farm in British waters only a month after warning that political wrangling over green energy was endangering billions of pounds of investment.
Nov 26- China's LDK Solar Co Ltd posted a smaller third-quarter loss than a year earlier and the debt-laden company said it was seeing continued signs of recovery in the solar panel market. The company's net loss narrowed to $127 million, or 65 cents per American Depositary Share, in the quarter ended Sept. 30, from $136.9 million, or $1.08 per ADS, a year ago.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. There was a muted reaction to the deal with Iran in the markets, she says. Still, gas prices could fall, depending on the situation at U.S refineries.
THE GEYSERS, Calif.-- Firefighters are making progress in containing a late-season wildfire burning in geothermal energy fields in Sonoma County. California fire officials say the McCabe Fire has consumed about 5.2 square miles, or 3,300 acres, in the remote Geyers area, home to a complex of geothermal power plants run by Houston- based Calpine Corp..
TOKYO, Nov 23- The operator of Japan's wrecked nuclear plant and three Mitsubishi group firms plan to build a new type of energy-efficient coal-fired power plants in Fukushima, a source said on Saturday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude futures closed higher in spite of a potential December taper by the Fed.
Nov 21- Power generating companies installed over 500 megawatts of solar power and over 100 MW of wood waste and other biomass type fuels in the United States in October, according to a report by federal energy regulators. The biggest power plant to enter service in October was Spanish multinational Abengoa SA's 280- MW Solana solar thermal plant in Arizona.
LOS ANGELES, Nov 20- Honda Motor Co Ltd has high hopes for its hydrogen fuel cell vehicle and its advanced technology to reduce tailpipe emissions, although the Japanese carmaker concedes consumers may take a few years to warm to the concept. Honda unveiled the 5- passenger vehicle at the Los Angeles Auto Show on Wednesday.
TOKYO, Nov 20- Carlos Ghosn, the CEO of Renault SA and Nissan Motor Co, said he was unfazed by delays in his electric vehicle sales targets, predicting rivals would face even greater obstacles in their plans to launch fuel cell car sales over the next few years.