Economy & Business

"The U.S. drinking water and sewage infrastructure earned a barely passing grade of D from the American Society of Civil Engineers today, which said at least $1 trillion is needed to fix the problem."

"Federal judges ruled [Friday] that the Federal Energy Regulatory Commission does not have the authority to assess fines for manipulating natural gas futures markets."

"The Obama administration is leaning toward revising its landmark proposal to regulate greenhouse gas emissions from new power plants, according to several individuals briefed on the matter, a move that would delay tougher restrictions and could anger many environmentalists."

"Partly driven by an oversupply of cheaper panels from China, the domestic solar market had its best year in 2012, with the growth in installations outpacing that of the global market, according to an annual report to be released Thursday."

"Two advocacy groups have come up with a new tactic to show how climate change—and laws to deal with it—could make investments in fossil fuel companies riskier and rock financial markets."

"Key weather and climate satellites would get a boost under a new Senate spending proposal."

"Rep. Paul Ryan (R-Wis.) on Tuesday released his budget proposal calling for approval of the Keystone XL pipeline and slashing the discretionary spending that helps protect Americans from climate-related threats."

"Tesla Motors Inc., which received $465 million in U.S. Energy Department loans to develop and build electric cars, will repay the funds five years ahead of schedule in a plan approved by the government."

"Despite record heat and extreme weather disasters in recent years, insurers aren't adequately planning for climate change, according to a report issued Thursday. Only 13 percent of insurance companies have a 'specific, comprehensive strategy' to deal with global warming."