Economy & Business

"New York utility regulators are being sued by an environmental group over big subsidies for nuclear power plants."

"After years of trying fruitlessly to prop up energy markets, OPEC on Wednesday finally reached a consensus on production cuts, sending oil prices soaring. The problem is, the euphoria in the markets may not last."

"A symbol of America’s ailing infrastructure, Lock No. 52 on the Ohio River is responsible for a shipping bottleneck that hobbles commerce far and wide."

"LANSING, MI -- President-elect Donald Trump has vowed to end the "war on coal," but DTE Energy CEO Gerry Anderson said the company plans to phase out the fuel, regardless."

"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."

"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."