Energy
Southern Co. CEO defends Miss. power project
The head of Southern Co. called the decision to write off $540 million in extra costs on a Mississippi power plant "a bitter pill for us to swallow," but he defended the project Wednesday as a long-term investment for the large utility. Southern Co. has absorbed the unexpected charges of ...
Republicans push for approval of Canada pipeline
Republicans in the U.S. Congress pushed for a way to bypass President Barack Obama and get approval of a Canadian oil pipeline that has angered environmentalists but has the ardent support of Canada officials. The long-delayed $7 billion pipeline proposed by Calgary-based TransCanada would carry oil extracted from tar sands ...
House passes GOP bill to speed pipeline approval
House Republicans pushed through a bill Wednesday to bypass the president to speed approval of the Keystone XL oil pipeline from Canada to Texas. Democrats criticized the legislation as a blatant attempt to allow a foreign company to avoid environmental review. The bill was approved, 241-175, largely along party lines. ...
Retiring coal-fired plants in Nevada passes Senate
The Nevada Senate endorsed NV Energy Inc.'s plan Wednesday to retire coal-fired power plants and pave the way for the state's biggest electrical utility to transition to more renewable sources. After several revisions, SB123 was approved unanimously and now moves to the Assembly. Under the bill, NV Energy will eliminate ...
INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY
c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...
INVESTORS HELP TESLA REPAY A $465 MILLION FEDERAL LOAN EARLY
c.2013 New York Times News Service The taxpayer no longer has to worry about Tesla Motors. Tesla, the electric carmaker, on Wednesday paid off a $465 million loan that the Energy Department made in 2010. The repayment is a lift to the Obama administration, whose clean-energy loan programs faced criticism ...
Tesla uses stock, note sale to repay government
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company said it wired in a $451.8 million payment to the government on Wednesday. The money, coupled with two prior payments, paid off ...
College fossil-fuel divestment movement builds
Student activists at more than 200 colleges are trying a new tactic in hopes of slowing the pace of climate change: They are asking their schools to stop investing in fossil fuel companies. The Fossil Free campaign argues that if it's wrong to pour pollution into the air and contribute ...
In top coal state, gas to fuel next power plant
The next major power plant to be built in the nation's top coal-mining state will be fueled by natural gas. Black Hills Corp. subsidiaries Cheyenne Light, Fuel & Power and Black Hills Power held a groundbreaking ceremony Wednesday for the Cheyenne Prairie Generating Station on the outskirts of Cheyenne. Work ...
Business Highlights
___ Median CEO pay rises to $9.7 million in 2012 NEW YORK (AP) — CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that ...
Featured Articles
Ads By Google
From Our News Partners
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}