Mueller report reveals Russian efforts to target US coal jobs
Rebecca Beitsch, The Hill
Russian social media accounts focused on U.S. division over coal jobs as part of an effort to sway the 2016 presidential election, according to the newly released report from special counsel Robert Mueller.
Tesla and Elon Musk Are Given Week to Reach Accord With S.E.C.
The New York Times
Elon Musk has another week to work out his latest dispute with the Securities and Exchange Commission.
Carlos Ghosn to be indicted on additional charge as early as Monday: NHK
Chris Gallagher and Elaine Lies, Reuters
Tokyo prosecutors are likely to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on an additional charge of aggravated breach of trust as early as Monday when his current detention period expires, public broadcaster NHK reported on Friday.
Stocks Mixed in Holiday Hit Trading; Dollar Steady: Markets Wrap
Cormac Mullen and Todd White, Bloomberg
Stocks in Asia traded mixed Friday after modest gains in their U.S. counterparts, ahead of a holiday weekend in many countries. The dollar was little changed.
Oil and Natural Gas
Trump talks oil supply, Iran sanctions with Abu Dhabi crown prince: White House
Meghan Gordon, S&P Global Platts
US President Donald Trump spoke Thursday with Abu Dhabi’s crown prince about the UAE’s “contributions to the global energy markets as a reliable supplier of oil,” the White House said in a readout of the call.
Exclusive: Venezuela skirts U.S. sanctions by funneling oil sales via Russia
Marianna Parraga, Reuters
President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to oust him from power, according to sources and documents reviewed by Reuters.
Utilities and Infrastructure
CenterPoint Energy Hires Georgia Power Finance Chief
Tatyana Shumsky, The Wall Street Journal
Energy delivery company CenterPoint Energy Inc. named Xia Liu, the finance chief of Georgia Power, to lead its finance team.
Cooler weather will cut power costs for households this summer
L.M. Sixel, Houston Chronicle
Cooler than usual temperatures are expected to lower electricity bills for U.S. households this summer. But higher electricity rates will eat up some of that savings as utilities pass along the cost of investments they’re making to expand transmission and generation capacity.
Green energy jobs are better-paid but lack diversity
Ben Geman, Axios
Employment in low-carbon energy fields is better-paid than average jobs and is widely available to workers without college degrees, a new Brookings Institution analysis shows.
Faster than a fighter jet: The $2.5 million Pininfarina Battista electric hypercar debuts in New York
Mack Hogan, CNBC
While other automakers packed the Javits Center for the New York International Auto Show, Automobili Pininfarina launched one of the week’s most exciting car debuts at an off-site event.
Coal Prices Are Up and U.S. Miners Still Can’t Catch a Break
Will Wade, Bloomberg
The global coal markets have been on a tear lately. And America’s miners are still tanking.
Federal Court Vacates Parts of Obama EPA’s ELG Rule
Sonal Patel, Power Magazine
In a legal victory for environmental groups, a federal court has vacated key portions of the Environmental Protection Agency’s (EPA’s) November 2015-promulgated effluent limitations guidelines (ELGs) for steam electric power plants, deeming them “unlawful.”
We Asked the 2020 Democrats About Climate Change (Yes, All of Them). Here Are Their Ideas.
Lisa Friedman and Maggie Astor, The New York Times
For Democrats vying to unseat President Trump, acknowledging climate change is easy. Deciding what to do about it is the hard part.
Climate change finds new momentum with voters
Miranda Green, The Hill
Environmentalists and lawmakers are praising a Democratic messaging blitz that they say has put the problem of global warming back at the forefront of the national conversation.
NYC Climate Bill Targets Trump Tower, Other Skyscrapers
Henry Goldman and Chris Martin, Bloomberg
New York City has passed sweeping legislation to curb energy demand from some of its most iconic skyscrapers, including Trump Tower.
Opinions, Editorials and Perspectives
Trump’s North American trade agreement will promote US energy leadership
Aaron Padilla, Washington Examiner
Trade with Canada and Mexico supports 11 million U.S. jobs, benefiting every state and every corner of the economy. Under the North American Free Trade Agreement, manufacturing sales supports jobs in 43,000 U.S. manufacturing firms. Canada and Mexico are top markets for American farmers, buying nearly one-third of U.S. agricultural exports.
Fed Policy Makers Take Notice of Climate Change’s Implications for Economic Outlook
Michael S. Derby, The Wall Street Journal
The Federal Reserve is starting to take notice of climate change and its implications for the U.S. economic outlook.
PG&E creates world-class hangover for wind and solar investors
John Dizard, Financial Times
Californians like to think they show the rest of the country the way to a clean energy future. Inconveniently, utility power purchase agreements (PPAs), which have been the principal economic model for renewable energy in the state, face legal collapse within two weeks.
EIA expects 2019 summer average residential electricity use to be lowest in five years
U.S. Energy Information Administration
EIA’s Short-Term Energy Outlook forecasts that the typical U.S. residential household will consume about 3,080 kilowatthours of electricity this summer (June through August), down 5% from the average summer consumption in 2018. If this forecast is realized, it would be the lowest level of electricity consumption per customer since 2014 and the second-lowest level since 2001.