Economy & Business

"John D. Rockefeller built a vast fortune on oil. Now his heirs are abandoning fossil fuels."

"Institutional investors managing £15tn of assets have called for an ambitious global climate deal to give them certainty to invest in clean technology."

"Natural gas and solar are the winners so far in 2014 in the race to move electric power generation away from coal, a new U.S. Energy Information Administration report shows. As utilities across the U.S. have added new electric power generating capacity, most of that added capacity has come from natural gas and solar. No new coal power-generating capacity has been added yet in 2014, though two small plants are expected to open this year in North Dakota and Mississippi."

"Ahead of the UN climate talks, a high-level panel makes the case that investing in climate solutions is the smart-money choice."

"Regardless of whether Duke keeps the coal turbines at Lake Julian or retires them, the legislation requires it to find a safer way to store the coal ash held in wet ponds at the plant.""

"Of all the developed nations, few have pushed harder than Germany to find a solution to global warming. And towering symbols of that drive are appearing in the middle of the North Sea."

Proponents of Scottish independence are banking on that country's North Sea oil to fuel its economy -- but after four decades of pumping the reserves may not last forever.

"New US sanctions on Russia are the strongest yet against Russia. The point of new Russia sanctions on five major energy firms is to 'shut down' Russia's deepwater, shale, and Arctic exploration, according to one senior US official."

"The Department of Energy Wednesday granted approval for two facilities in Louisiana and Florida to export liquefied natural gas (LNG) to nearly any country."