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US gov't sets stiff tariffs on China solar panels
The Obama administration moved Thursday to impose stiff new tariffs on solar panels made in China, finding that Chinese companies are improperly flooding the U.S. market with government-subsidized products. The Commerce Department said Chinese producers had dumped solar cells and panels in the United States at margins ranging from 31 ...
Bangladesh announces probe into Grameen Bank units
Bangladesh has ordered a four-member commission to investigate 54 businesses linked to the pioneering microlender Grameen Bank founded by Nobel laureate Muhammad Yunus. The probe came weeks after Finance Minister A.M.A. Muhith said the bank's board had not authorized most of the affiliates. U.S. Secretary of State Hillary Rodham Clinton ...
Mid-Atlantic wind transmission line clears hurdle
A huge underwater power line to serve wind farms planned off the East Coast cleared a regulatory hurdle Monday, although construction is still years away. The project, known as the Atlantic Wind Connection, would enable up to 7,000 megawatts of electricity to be produced at offshore wind farms from Virginia ...
BLM Director Bob Abbey to retire
A longtime Interior Department official who has headed the Bureau of Land Management for the past three years, Bob Abbey, is retiring. The 60-year-old Abbey has directed the land management agency since 2009, sharply increasing its focus on renewable energy, along with its traditional duties of managing oil and gas ...
Romney says Obama has failed on energy policy
Republican Mitt Romney says President Barack Obama taking credit for increased American energy production is like Romney claiming responsibility for the Red Sox's World Series wins when he was Massachusetts governor. In each case, neither one has anything to do with the other, he said Wednesday. Standing near oil drilling ...
Hobbs, NM, picked as site of scientific ghost town
A scientific ghost town in the heart of southeastern New Mexico oil and gas country will hum with the latest next-generation technology — but no people. A $1 billion city without residents will be developed in Lea County near Hobbs, officials said Tuesday, to help researchers test everything from intelligent ...
Teacher starting biodiesel fuel plant in Michigan
A teacher in Michigan's northern Lower Peninsula is starting a biodiesel fuel plant after roughly eight years of planning, experimenting and regulatory work. Bill Koucky's Northwest Michigan Biodiesel LLC plant is expected to be in full production within weeks, the Traverse City Record-Eagle reported (http://bit.ly/IUKu3q ) Tuesday. The upper elementary ...
Top Berkshire execs take questions at meeting
Berkshire Hathaway chairman and CEO Warren Buffett and vice chairman Charlie Munger spent more than five hours Saturday answering questions from shareholders, reporters and stock analysts. Here is a sample of their comments on a variety of topics: ___ BUFFETT'S SUCCESSOR: Buffett has said one of his most important jobs ...
US official: China vows change in trade, finance
China agreed Friday to let foreigners own bigger stakes in its securities firms and promised to limit export subsidies after a high-level dialogue with the United States went ahead despite a standoff over a Chinese legal activist. China's government also said it was implementing an earlier commitment to expand access ...
As Japan shuts down nuclear power, emissions rise
The Fukushima crisis is eroding years of Japanese efforts to reduce greenhouse gas emissions blamed for global warming, as power plants running on oil and natural gas fill the electricity gap left by now-shuttered nuclear reactors. Before last year's devastating tsunami triggered meltdowns at the Fukushima Dai-ichi plant, Japan had ...
Geithner calls China currency reforms promising
U.S. Treasury Secretary Timothy Geithner told President Hu Jintao on Friday that China's moves toward a more market-oriented exchange rate are "very promising" and said economic relations are improving despite occasional tensions. Geithner, along with U.S. Secretary of State Hillary Clinton, met Hu during an annual high-level dialogue at which ...
Crisis-hit Japan mulls shift to renewable energy
Another long, stupefyingly hot summer is looming for Japan just as it shuts down its last operating nuclear power reactor, worsening a squeeze on electricity and adding urgency to calls for a green energy revolution. On Saturday, the last of the country's 50 usable nuclear reactors will be switched off, ...
US presses China over currency in economy talks
U.S. Treasury Secretary Timothy Geithner urged Beijing to let its tightly controlled currency strengthen and improve market access amid trade strains at a high-level economic dialogue Thursday. Beijing has allowed the yuan to rise gradually but Washington and other trading partners complain it still is undervalued, giving Chinese exporters an ...
AdWatch: Obama ad says Romney sent jobs overseas
TITLE: "Swiss Bank Account" LENGTH: 30 seconds. AIRING: In the battleground states of Virginia, Ohio and Iowa. KEY IMAGES: The ad opens with the words, "Over the top, erroneous, out of context" and shows images of a wind farm with the words, "Big oil's new attack ad," a reference to ...
Big wind power farm near Oakesdale
A major wind power farm will be built in the Palouse this summer, Boston-based First Wind announced Tuesday. The company will build 58 giant windmills between the town of Oakesdale and US 195. Each can produce 1.8 megawatts of electricity, for a total of 105 megawatts of power. Officials said ...
BPA orders NW wind farms to curtail production
The Bonneville Power Administration twice ordered Pacific Northwest wind farms to cut production in recent days because it has a surplus of power from hydroelectric dams. The agency, which manages much of the power grid in the Northwest, confirmed it issued the orders during the early morning hours of Sunday ...
NW Ind. firm aims to help double US exports
Bill Keith's business office is akin to a mad scientist's lab. Dozens of his more than 45 models of solar-powered attic fans are stacked neatly in boxes prepped for global wide customers. Next to the fans are motors and other equipment from solar fans by competitors so he can see ...
Former salmon judge: Snake dams should come down
A federal judge who presided over the Columbia River Basin salmon case for years told a public television station that the Snake River's four hydroelectric dams should be breached to help wild salmon. U.S. District Judge James Redden's comments to Idaho Public Television were recorded for an upcoming Outdoor Idaho ...
Inslee, McKenna offer ideas for maritime industry
Gubernatorial hopefuls Jay Inslee and Rob McKenna are offering some ideas about how to bolster the region's maritime industry but didn't specifically say how they would pay for those improvements. Both candidates spoke at the Bering Seas Fisheries Conference in Seattle on Tuesday, telling commercial fisherman, shipbuilders and others in ...
United Tech 1Q profit up minus units on the block
United Technologies' net income from continuing operations rose more than 19 percent during the first quarter even as the company acknowledged some drag from slowing economic growth in the United States, China and Europe. The diversified manufacturer posted earnings from continuing operations of $1.26 billion, or $1.31 per share, if ...
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