"China risks wasting $490 billion by building more coal power plants than it needs as slower power demand growth and less polluting energy sources squeeze coal generation out of the power mix, according to a study from an environmental think tank."
Economy & Business
"MIAMI — Real estate agents looking to sell coastal properties usually focus on one thing: how close the home is to the water’s edge. But buyers are increasingly asking instead how far back it is from the waterline. How many feet above sea level? Is it fortified against storm surges? Does it have emergency power and sump pumps?"
"When President-elect Donald J. Trump met with the British politician Nigel Farage in recent days, he encouraged Mr. Farage and his entourage to oppose the kind of offshore wind farms that Mr. Trump believes will mar the pristine view from one of his two Scottish golf courses, according to one person present. The meeting, held shortly after the presidential election, raises new questions about Mr. Trump’s willingness to use the power of the presidency to advance his business interests."
"Donald J. Trump made coal a centerpiece of his campaign, holding rousing rallies with miners in hard hats, who he said had been neglected under eight years of the Obama administration. ... Now, though, coal may prove a different sort of symbol — that is, of the challenges that the president-elect will face delivering on his many promises to restore struggling sectors of the American economy."
"As the country awoke a week ago to the news of an impending Donald Trump presidency, shares in wind and solar energy companies quickly plummeted. ... But while all of this may look like bad news for renewables, some experts are arguing that the arrival of the new administration hardly spells a death knell for the industry."
"Nations, businesses and Washington's top diplomat urged president-elect Donald Trump on Wednesday not to withdraw the US from the climate-rescue Paris Agreement and its commitments to preserve Earth for future generations."
"Nicolas Sarkozy proposed a carbon tax on American-made goods if Trump pulls out of climate accord."
"Donald Trump campaigned on a promise to bring back jobs to struggling coal communities, and laid-off miners contributed to his presidential victory. But the reality is more complicated."
"Global financial markets convulsed Tuesday night as Donald Trump was projected to claim victory in the race for the White House after a polarizing campaign that investors had largely bet against."
"A carbon tax proposal in Washington state, scheduled for the ballot on Tuesday, has been drawing national attention for weeks as a result of the unexpected controversy it’s inspired among environmental groups, many of whom have outright opposed the initiative."