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Trump win rocks energy world
New Jersey Gov. Chris Christie (R) is heading Trump’s transition operation, with the assistance of veteran Republican energy policy experts. Trump’s transition team is expected to dramatically increase staffing as it prepares a policy agenda for the administration and works to fill top executive branch jobs. Lobbyist and longtime congressional energy aide Mike Catanzaro is among those helping with the transition. Energy lobbyist Mike McKenna is leading the Energy Department transition team; climate change skeptic Myron Ebell of the Competitive Enterprise Institute is heading up the EPA transition team; and former George W. Bush administration Interior official David Bernhardt is working on the Interior transition. [ read more … ]
GOP picks up governorships despite N.C. nail-biter
North Carolina Republican Gov. Pat McCrory, a former Duke Energy Corp. executive, has lost re-election in one of the country’s closest races. Democratic Attorney General Roy Cooper won by 4,772 votes. McCrory’s loss is a notable defeat for the GOP in an election in which other vulnerable party incumbents pulled through. [ read more … ]
Democrats fall short in bid for majority despite favorable map
New York Sen. Chuck Schumer (D), who won a third term last night by 43 points, is poised to take over as Senate minority leader from retiring Sen. Harry Reid (D-Nev.). And given Trump’s upset victory in the presidential race and the Republicans’ enduring majority in the House, Schumer will soon become the most important Democrat in the country. [ read more … ]
World’s Biggest Wind Turbine Maker Sinks After Trump Victory
Shares in Vestas Wind Systems A/S plunged after U.S. voters unexpectedly propelled Republican nominee Donald Trump to the presidency, sparking concern that the renewable energy industry will face political headwinds in the future. The world’s biggest maker of wind turbines fell as much as 14 percent and traded 6.6 percent lower at 440.20 kroner as of 10:22 a.m. in Copenhagen. The Danish company already lost ground last week as U.S. polls started to tighten, bringing this year’s declines to about 10 percent. [ read more … ]
European Renewable Stocks Take Hit After Trump Wins U.S. Election
European renewable stocks fell sharply on Wednesday after Donald Trump won the U.S. presidential election, hit by fears over his aim to promote oil and gas drilling and revive the U.S. coal mining industry. Shares in Vestas, the world’s biggest wind turbine maker, plunged 10 percent in early trade in Europe, while German peer Nordex traded 6 percent lower. Spain’s Gamesa, which is being merged with Siemens, and Portugal’s EDP Renovaveis traded 3.4 and 5.3 percent lower, respectively. [ read more … ]
Mo. courts, not regulators, may decide fate of 2 big projects
The stage is set for Clean Line Energy Partners LLC and landowner opponents to clash again before Missouri regulators over the $2.2 billion Grain Belt Express transmission project. But both sides know the fate of the 800-mile high-voltage line through Missouri may ultimately rest on the outcome of court challenges involving a different transmission line already approved by the Public Service Commission. [ read more … ]
Note: News clips provided do not necessarily reflect the views of coalition or its member governors.