Investors looking for better dividend payments are starting to put money into yieldcos – spinoffs of alternative energy companies that own assets like solar farms and wind farms, Reuters reports, noting that more than 900 actively managed mutual funds now have some of the shares in their portfolios.
HAWTHORNE, Calif. (AP) — Luxury electric car maker Tesla Motors is making its Model S sedan faster and safer in an effort to compete better with other high-end sedans.
At an open-to-the-public unveiling Thursday night that included bumping music, free alcohol and test rides on an airport tarmac, CEO Elon Musk unveiled an all-wheel-drive version of the car that includes self-driving features he called "auto pilot."
The announcement ended a week of speculation following a cryptic Musk tweet that said, "About time to unveil the D and something else."
A study put together by groups trying to promote clean energy jobs in Florida finds that despite offering employment to about 130,000 workers, per capita the state lags behind places like Vermont, Massachusetts and Illinois, the Miami Herald reports.
Energy storage is the key to energy systems in an age of renewables, the new “holy grail,” a Bloomberg analyst told The New York Times, which notes that the International Energy Agency has called on the U.S., the EU, China and India to spend a combined $380 billion to boost it.
NEW YORK (AP) — SolarCity will begin offering loans to homeowners for solar systems, a move that industry analysts say could reshape the market for rooftop solar and propel its rapid adoption.
Most current rooftop solar deals involve a lease or an agreement to buy power over a period of time, but the company owns the panels. SolarCity's loan will allow customers to own their systems and still pay less for electricity, a simpler and cheaper prospect.
The head of the Internal Revenue Service has called on Congress to take up or abandon a package of tax break extensions and renewals by the end of November to avoid slowing tax refunds next year.
In a letter dated Monday to the chairmen and ranking members on the Senate and House tax-writing committees, Commissioner John A. Koskinen said a decision must be made by then to avoid "serious problems" for IRS and for filers.
While he did not call for passage of legislation, Koskinen's letter gives backers of the tax "extenders" bill pending in the Senate a new argument to use in calling a fast vote when lawmakers return to Washington next month.
STOCKHOLM (AP) — An invention that promises to revolutionize the way the world lights its homes and offices — and already helps create the glowing screens of mobile phones, computers and TVs— earned a Nobel Prize on Tuesday for two Japanese scientists and a Japanese-born American.
By inventing a new kind of light-emitting diode, or LED, they overcame a crucial roadblock for creating white light far more efficiently than incandescent or fluorescent bulbs. Now LEDs are pervasive and experts say their use will only grow.
STOCKHOLM (AP) — Isamu Akasaki and Hiroshi Amano of Japan and U.S. scientist Shuji Nakamura have won the Nobel Prize in physics for the invention of blue light-emitting diodes — a new energy efficient and environment-friendly light source.
The Royal Swedish Academy of Sciences says the invention is just 20 years old, "but it has already contributed to create white light in an entirely new manner to the benefit of us all."
The U.S. Court of Appeals for the District of Columbia Circuit on Thursday lifted a stay on the Environmental Protection Agency’s implementation of its Cross-State Air Pollution Rule, although legal arguments on challenges to some aspects of the regulation are set to take place next March, E&E reports.
Producers for American Crude Exports, or PACE, for short, is made up of more than a dozen independent oil companies who would like to see the decades-old U.S. ban on crude exports overturned, Reuters reports.
The Federal Energy Regulatory Commission staff has cleared the Constitution pipeline on its environmental impact, leaving Commissioners to make the final decision on the project, which is intended to add some 650 million cubic feet of natural gas capacity in New York and New England, FuelFix reports.
If the Federal Energy Regulatory Commission approves changes that PJM Interconnection will suggest to the rules, it’s possible the wholesale electricity market manager might find a way to keep a demand response program going despite legal challenges, E&E reports.
Rising global supply and sluggish demand were continuing to weigh on oil prices. U.S. benchmark crude for December delivery dropped $1.08 to settle at $81.01 a barrel on the Nymex, $1.74 lower than the price a week ago, while Brent finished at $86.13, a loss of 70 cents on the day and 3 cents less than last Friday’s settlement price, Reuters reports.
ConocoPhillips, alongside partners including BP and Exxon Mobil, has announced what it says is the first new drilling in the North Slope’s Kuparuk River Field in nearly a dozen years, a well to come on line in 2016 that will add 8,000 barrels a day of production, Platts reports.
In one of the most hotly contested and expensive House races in the country, Rep. Nick Rahall, D-W.Va., is battling against Republican candidate Evan Jenkins and powerful conservative groups backed by the Koch brothers, The New York Times reports.
Kristin Jacobs – who has turned in a strong performance in her campaign to be elected to the Florida House of Representatives in a flood-prone Miami district – is one of a number of candidates who are successfully pressing climate change as an issue even when polls say it’s not a top voter concern, The New York Times reports.
Opower says pilot programs run in Vermont and Southern California over the summer, which involved contacting customers to ask them to go easier on their air conditioning and then reporting back to them on how much electricity they saved compared to their neighbors, cut usage by nearly 3 percent on a number of hot days, The Washington Post reports.