Government, Business, Fuel, Logistics

Baltimore Port Closure Means 35% Drop in April Coal Exports

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month.

Will Wade | Bloomberg News
April 10, 2024
Business, Logistics

Drought Threatens to Snarl Mississippi River Traffic Again

The Mississippi River is at risk of bottlenecks for a third straight year as warm, dry spring weather and low winter snowpack limit the amount of water feeding into it.

Will Wade | Bloomberg News
March 21, 2024

Ice Storm Cuts Power, Scraps Flights, Coats Roads

More than 800,000 homes and businesses across the upper Midwest were in the dark on the morning of Feb. 23 after a dangerous ice storm coated roads and knocked down power lines.

Will Wade | Bloomberg News
February 23, 2023
Business, Fuel

Coal Hits 12-Year High, Threatening More Energy Inflation

U.S. coal prices surged to the highest level in more than 12 years, threatening to bloat America’s already soaring electricity bills and signaling the fuel isn’t going to get phased out anytime soon.

Will Wade | Bloomberg News
November 15, 2021
Business, Safety

Henri Losses May Reach $4 Billion as Heavy Rains Trigger Floods

Flooding from Tropical Storm Henri may cause as much as $4 billion in losses after drenching the Northeast with record rainfall.

Will Wade | Bloomberg News
August 24, 2021
Government, Business, Technology, Fuel

John Kerry: Carbon Capture ‘Key Tool’ to Curb Factory Emissions

Carbon capture is emerging as a key strategy for curbing greenhouse-gas emissions from heavy industry, according to U.S. climate envoy John Kerry.

Will Wade | Bloomberg News
June 15, 2021
Business, Fuel

Coal to Exit US Power System by 2033, Morgan Stanley Says

Coal is on track to disappear from the U.S. power grid by 2033 as the push for a carbon-free electricity system gains strength, according to Morgan Stanley.

Will Wade | Bloomberg News
February 1, 2021
Government, Business, Technology, Fuel

Tesla, Utility Giants Form ZETA, Calling for 100% EV Adoption by 2030

Tesla Inc. is joining rideshare company Uber Technologies Inc., Lordstown Motors, Rivian and others to lobby for 100% electric-vehicle adoption by 2030.

Will Wade | Bloomberg News
November 17, 2020
Government, Business, Safety

Vast Grid Damage Will Leave Some Laura Victims in Dark for Weeks

Parts of Louisiana will be without power for weeks after Hurricane Laura caused “catastrophic” damage to the region’s grid, mangling steel transmission towers and snapping utility poles as if they were twigs.

Will Wade | Bloomberg News
August 31, 2020
Government, Business, Safety, Fuel

US Emissions Set for Record Dive With Factories and Cars Idled

Greenhouse gas emissions in the U.S. are poised for a record plunge this year, the result of coronavirus lockdown orders that have shuttered factories, closed stores and left cars and jets sitting idle.

Will Wade | Bloomberg News
June 9, 2020