Energy Update
PARIS, Dec 9 (Reuters) - Hosts France proposed a slimmer draft text at global climate talks on Wednesday that leaves major issues unresolved, including finance for developing nations.
WASHINGTON, Dec 9 (Reuters) - Momentum at international talks in Paris to curb climate change was "moving in the right direction" though there is still more work to be done, White House spokesman Josh Earnest said on Wednesday.
PARIS, Dec 9 (Reuters) - Mini-versions of current-generation nuclear reactors could be the solution for the industry's problems in finding financing for new atomic power stations, U.S. Energy Secretary Ernest Moniz said on Wednesday.
Dec 9 (Reuters) - Morgan Stanley is winding down a group that develops and structures North American solar projects as part of a plan to cut up to 25 percent of jobs in its fixed income business, people familiar with the matter said on Wednesday.
NEW YORK, Dec 9 (Reuters) - U.S. crude oil stocks fell last week, breaking a streak of 10 straight weeks of builds, while distillate inventories soared, dampening a brief rally in crude futures, data from the Energy Information Administration showed on Wednesday.
NEW YORK, Dec 9 (Reuters) - Investors should expect "little or no" price gains in bonds and "muted" appreciation in U.S. stocks during 2016, according to a report released on Wednesday by BlackRock Inc's top investment strategists.
Energy storage is no longer an emerging technology, Audrey Fogarty, VP of product management for energy storage integrator Younicos, said on Dec. 8.
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