Will Wade

Business, Safety

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

A crewman removes a snapped electrical pole in Narragansett, R.I. A crewman removes a snapped electrical pole in Narragansett, R.I., Aug. 23. (Stew Milne/Associated Press)

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

John Kerry speaks during a news conference at the White House in January. (Stefani Reynolds/Bloomberg News) John Kerry speaks during a news conference at the White House in January. (Stefani Reynolds/Bloomberg News)

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

Metallurgical coal is loaded onto a barge in Ceredo, W.Va. (Luke Sharrett/Bloomberg News) Metallurgical coal is loaded onto a barge in Ceredo, W.Va. (Luke Sharrett/Bloomberg News)

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 signs are seen in a Denver mall in February 2019. David Zalubowski/Associated Press

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

Traffic signals dangle close to the roadway from broken utility poles in Lake Charles, La. on Aug. 30. Traffic signals dangle close to the roadway from broken utility poles in Lake Charles, La. on Aug. 30. (Gerald Herbert/Associated Press)

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

Highway 83 sits empty of traffic in Baltimore on April 25. Highway 83 sits empty of traffic in Baltimore on April 25. (Alex Wroblewski/Bloomberg News)

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
Government, Business, Fuel

California Port City Shuts Key Coal-Export Route

Coal-Export The Richmond-Levin Terminal stands in Richmond, Calif. (David Paul Morris/Bloomberg News)

A critical route for American coal exports to Asia is drying up after yet another U.S. port city passed a law to bar the fuel from leaving its shores.

Will Wade | Bloomberg News
January 15, 2020
Business

Coal Prices Are Up, and US Miners Still Can’t Catch a Break

Coal graphic

The global coal markets have been on a tear lately. And America’s miners still are tanking.

Will Wade | Bloomberg News
April 18, 2019