Energy Update
According to Vice President Joe Biden, the secret that is solar is finally out and that’s a good thing. Biden, who spoke at Solar Power International on Wednesday, is clearly a fan of the technology. He thanked the industry representatives in attendance for the work that they do providing clean energy to the world, jobs to veterans and energy independence the United States. The industry has grown an incredible amount since he took office, he said.
RIYADH, Sept 17 (Reuters) - The relative youth and almost unprecedented power shared by the two heirs to the Saudi throne mean they are likely to dominate the kingdom's politics for decades, putting their pivotal relationship increasingly under scrutiny.
FUJAIRAH, United Arab Emirates, Sept 17 (Reuters) - Kuwait's OPEC governor Nawal al-Fuzaia said on Thursday the oil market would balance itself but "we need to be patient", indicating support for the producer group's policy of defending market share despite falling prices.
NEW YORK, Sept 17 (Reuters) - General Motors Co has agreed to pay $900 million and enter a deferred prosecution agreement to end a U.S. criminal investigation into its handling of defective ignition switches in many of its vehicles and which are linked to 124 deaths.
Investment in renewable energy in Canada almost doubled last year as developers largely in Ontario and Quebec built solar, wind and hydropower projects, Clean Energy Canada said.
The next generation of biofuels that don’t use food crops as a raw material are starting to take hold, with a big expansion of the industry coming after 2020, one of the industry’s key suppliers said.
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