Energy Update
Opponents held their ground Tuesday as Floridians rejected a ballot measure that opponents maintained would have put into the state constitution a presumption that solar panel users are not paying their fair share of the costs of maintaining the electric grid.
Shares in Vestas Wind Systems A/S plunged after U.S. voters unexpectedly propelled Republican nominee Donald Trump to the presidency, sparking concern that the renewable- energy industry will face future political headwinds.
Voters in Monterey County passed a ballot initiative Tuesday to ban fracking in the county, and the state of Washington rejected a carbon tax proposal.
NEW YORK, Nov 9 (IFR) - The US credit market gave a tempered
reaction on Wednesday to Donald Trump's election victory, with
many bankers even saying they expected new bond issuance to
resume as soon as Thursday.
DUBAI, Nov 9 (Reuters) - The future leader of the Middle
East's top foreign ally is, in the words of a Saudi prince, an
anti-Muslim "disgrace", openly disdainful of Arab security
partnerships, who believes Saudi Arabia would cease to exist for
long without the United States.
BERLIN, Nov 9 (Reuters) - Chancellor Angela Merkel's
government will hammer out the final details of a delayed
climate plan in the coming days so it can be presented at global
climate talks in Morocco next week, her spokesman said on
Wednesday.
China, the world’s biggest clean-energy investor, lowered its solar and wind power targets for 2020, a reflection of how record installations of renewables have overwhelmed the ability of the nation’s grid to absorb the new electricity.
MARRAKESH, Morocco, Nov 9 (Thomson Reuters Foundation) -
Grim-faced activists at U.N. climate negotiations in Morocco
pledged on Wednesday that the election of Donald Trump as U.S.
president would not derail global action to curb climate change
and deal with its worsening consequences.
LONDON, Nov 9 (Reuters) - Global markets reacted on
Wednesday with concern to Donald Trump's surprise victory in the
U.S. presidential election, but construction, pharma and gold
mining stocks emerged as big winners in the European trading
session.
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