Drought Forces Zambia to Start Power Cuts
Zambia will start electricity-supply restrictions immediately after one of the worst droughts on record caused plunging water levels at the hydropower dams it relies on for almost all its supplies, the
Bloomberg
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BP Gets Support From U.K. Government in U.S. Lawsuit Over Spill
BP Plc (BP/) got support from the U.K. government in its U.S. court fight over the level of compensation required under a settlement of lawsuits stemming from the 2010 Gulf of Mexico oil spill. The U.K.
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India’s Newest State to Hold 500-Megawatt Solar Auction
India’s newly formed state of Telangana announced plans to auction licenses to build 500 megawatts of solar capacity. Solar installations are set to accelerate in India, including Telangana, carved out
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Germany to Cut Transport Emissions as It Pushes Electric Cars
German Chancellor Angela Merkel’s government expects to cut greenhouse-gas emissions from transportation by a quarter by 2030 as it boosts the number of electric cars on the road. The administration expects
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World Bank to Expand Plan to Buy Emission Project Credits
The World Bank seeks to expand a plan to buy emission credits from projects including those that capture heat-trapping gas at garbage dumps, underpinning demand in the carbon markets for the first time
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Norway Losing Out to Sweden in $6 Billion Wind-Power Boom
Divergent tax policies mean Norway risks missing out on most of a $6 billion wind-power boom while neighboring Sweden benefits. Norway, which aims to triple wind capacity by the end of the decade, has
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Power Plants Heading Out to Sea in Post-Fukushima Japan
One of the biggest hurdles to building new power plants in Japan is finding a place that’s safe from earthquakes and tsunamis. That place may turn out to be 30 miles at sea. Sevan Marine ASA (SEVAN), a
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Ebola Fight Gets $250 Million U.S., Europe Funding Boost
U.S. and European officials kicked more than $250 million in additional funding into the fight against the worst Ebola outbreak in history after the World Health Organization said budget cuts were hampering
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Europe Must Choose Jobs or Climate as Steel Towns Wither
U.K. lawmaker Ian Swales has already watched one steel plant close in his district, and he never wants to see it again. It felt like a funeral, he said, when plunging demand led the Redcar blast furnace
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Worst Case' BP Ruling on Gulf Spill Means Billions More in Penalties
BP Plc acted with gross negligence in setting off the biggest offshore oil spill in U.S. history, a federal judge ruled, handing down a long-awaited decision that may force the energy company to pay billions
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Carbon Credits Give $664 Benefits Per Ton, Imperial Says
Carbon-reduction projects generate benefits beyond climate protection of about $664 per metric ton of emissions, according to an Imperial College London University survey. The study into 59 projects