Edition:
United Kingdom

Nichola Groom

Wildfires pose threat to California climate goals, officials say

30 Nov 2018

California’s wildfires could deal a blow to the state’s ambitious climate goals if they inflict too deep a financial wound on utilities, seen as crucial to greening up the grid, according to state officials.

Regulator 'stunned and terrified' after causing PG&E stock surge

16 Nov 2018

The chief of California's top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E caused the embattled power utility's stock to surge over 40 percent in a matter of minutes.

PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire

16 Nov 2018

SAN FRANCISCO/LOS ANGELES PG&E Corp shares soared 40 percent in after-hours trade on Thursday following a report that a regulatory official told investors the agency does not want the utility to go into bankruptcy should it be found responsible for this month's deadly wildfire in northern California. | Video

PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire

16 Nov 2018

SAN FRANCISCO/LOS ANGELES PG&E Corp shares soared 40 percent in after-hours trade on Thursday following a report that a regulatory official told investors the agency does not want the utility to go into bankruptcy should it be found responsible for this month's deadly wildfire in northern California. | Video

California regulator stunned by impact of his reassurance on PG&E

16 Nov 2018

The chief of California's top utilities regulator said on Friday he was "stunned and terrified" to learn that reassurances he made to investors about PG&E caused the embattled power utility's stock to surge over 40 percent in a matter of minutes.

Tesla slashes prices on home solar systems to spur sales

15 Nov 2018

Tesla Inc has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company streamlined its sales and marketing organization, a company official told Reuters on Thursday.

Tesla slashes prices on home solar systems to spur sales

15 Nov 2018

Nov 15 Tesla Inc has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company streamlined its sales and marketing organization, a company official told Reuters.

Explainer: Blame climate, but crowded forests also fuel California fires

14 Nov 2018

With a tweet blaming California's wildfires on "gross mismanagement of the forests," President Donald Trump dismissed the role of climate change in the worsening blazes across the U.S. West - generating widespread derision in the Golden State. | Video

Blame climate, but crowded forests also fuel California fires

14 Nov 2018

With a tweet blaming California's wildfires on "gross mismanagement of the forests," President Donald Trump dismissed the role of climate change in the worsening blazes across the U.S. West - generating widespread derision in the Golden State.

Voters in three U.S. states reject initiatives to curb fossil fuel use

07 Nov 2018

Voters in Colorado, Arizona and Washington states rejected ballot initiatives that sought to curb fossil fuels use by restricting drilling, putting a fee on carbon emissions and mandating wider use of renewable energy.

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