CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Downward pressure on stocks drove down oil prices today. Nat gas was up slightly on the day, albeit in a tight range. And gold was up slightly on the day, closing at $1,284.60.» Read More
In January, the EPA agreed to reconsider the mandate, which would have required oil refiners to buy millions of dollars worth of credits if cellulosic fuels were not available to be blended into gasoline or diesel.
WASHINGTON, April 22- The U.S. Environmental Protection Agency on Tuesday slashed its target for 2013 use of cellulosic biofuel to less than a million gallons, after the industry failed to meet goals for production of the fuel last year.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude oil prices were under pressure; traders are eying tomorrow's Department of Energy report; natural gas got a small bump up, closing at $4.74, and traders are looking for a catalyst to get back on the long side of gold.
WASHINGTON— In a story April 20 about new research showing biofuels made with corn leftovers are worse for global warming than gasoline in the short term, The Associated Press erroneously reported that cellulosic biofuels that failed to release 60 percent less carbon than gasoline wouldn't earn a $1 per gallon subsidy. That tax subsidy expired on Dec. 31, 2013.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed higher at the end of the day, after an up-and-down session. Ukraine is still key. Nat gas was down on the day, but still above the key $4.50 technical level. And gold was down below $1,300 on the day.
MINNEAPOLIS— A federal judge ruled Friday that part of a Minnesota law designed to promote the use of renewable energy is unconstitutional because it attempts to control business that takes place outside state borders— and she barred Minnesota officials from enforcing it.
INDIANAPOLIS— The nation's largest solar farm built atop a federal Superfund site is now generating power on a tract of land in Indianapolis tainted by a long-shuttered plant's wood-treating operations.
Andrew Cuomo says a state program designed to boost New York's green energy industry has helped 64 businesses. The governor's office said Thursday that more than $2.2 million in job training grants have been awarded to the companies. More than $500,000 remains available.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up on the day, and nat gas closed up, as well, while gold was down on the day.
TOYOTA CITY, Japan/ IRVINE, Calif., April 17- In 1997, Toyota caught its competitors by surprise with the revolutionary Prius, the first commercially successful gasoline-electric hybrid car. Toyota Motor Corp will next year launch a hydrogen-powered car in the United States, Japan and Europe.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up slightly on the day in spite of a 10 million barrel build. Nat gas remained over $4.50, and gold was up a bit at the close.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile day for stocks, but commodities were not. Crude was down slightly, but could be ready to break out because of Ukraine. Gold closed down $27 on the day, it's worst drop for the year. And nat gas
JACKSON, Miss.— Southern Co. says it has signed a deal with a state-owned Chinese coal and energy company to work together to develop coal technologies, based in part on the coal gasification and carbon capture technology that Southern subsidiary Mississippi Power Co. is deploying at the $5 billion Kemper County power plant.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up on strong volume and fears from Ukraine. Gold saw some buying in spite of a stronger dollar. And platinum was higher on a possible mine workers strike in South Africa.
MONTPELIER, Vt.— A Vermont couple whose Northeast Kingdom farm became a focal point in the fight against construction of a 21- turbine industrial wind project on Lowell Mountain said Monday that they were selling their 540- acre farm to Green Mountain Power for $1.3 million.
Use of solar power, once derided as a pipe dream, remains tiny compared with fossil fuels, but it may be set to completely reshape the energy market.
Europe's top climate official told CNBC in an interview that it's "time to get real" about climate change.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks sold off but gold was a big winner as traders moved to bullion. Nat gas was up on a smaller-than-expected build, and crude was down on the day.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was higher on the day as geopolitical tensions drove the price. Nat gas also popped, as traders looked for another drawdown in supplies. And gold was down today as traders looked for the next big catalyst.
BRUSSELS, April 9- Funding green energy will become harder under EU rules published on Wednesday designed to replace subsidies with market-based schemes, just when the Ukraine crisis has heightened the need for alternatives to imported fossil fuel.
Get the best of CNBC in your inbox