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Unintended fallout of Trump steel duty: Solar buying abroad

Bloomberg The Trump administration imposed a tariff on steel imports last year to get companies to buy more American metal. In some ways, the duty has the US solar business doing the exact opposite. Consider the case of PanelClaw Inc., a supplier of steel racks that hold solar panels in place. Since President Donald Trump slapped tariffs on steel and ...

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Husky Energy falls after ‘tough and noisy’ Q4

Bloomberg Husky Energy Inc. fell the most in nearly five months after posting what its chief executive officer called “tough and noisy” fourth-quarter results, which were hurt by a plunge in Canadian crude prices and a spill in its offshore operations. Net earnings dropped 68 percent from a year earlier, to C$216 million ($164 million), as falling crude and fuel ...

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US grid CEO dismisses fears over coal, nuclear plants shutdown

Bloomberg About 18,000 megawatts of coal and nuclear plants — enough to power 13.5 million homes — are slated to permanently shut across the eastern US grid. And the region still has enough electricity to keep the lights on, according to the chief executive officer of the grid operator. In fact, “we could sustain essentially in the 30,000 megawatt range,” ...

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