Thursday , 23 April 2026

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California raises costs for defectors from power utilities

Bloomberg A growing number of California communities are opting to ditch big utilities in favour of alternative programs run by local governments. The state just made it more expensive. The California Public Utilities Commission voted to change the formula that determines how much utilities charge customers who switch to these so-called community choice aggregators, or CCAs. PG&E Corp. and the …

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Polluting giant to triple its clean-energy capacity

Bloomberg Central Europe’s third-largest polluter plans to almost triple its clean-energy capacity as emission costs surge. Tauron Polska Energia SA is preparing to add at least 700 megawatts of clean, regulated power to “improve” its portfolio after carbon permits almost tripled over the past year, Chief Financial Officer Marek Wadowski said. That’s the equivalent of half a modern nuclear reactor …

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Market meltdowns happen with an alarming frequency

Bloomberg You could write it off as a fluke in February. When it happened again in March, people got concerned. Now stocks are tumbling a third time in 2018, and investors are starting to sense something has changed. A smattering of 3 percent plunges may not make a bear market, but it sure is a break from the past, which …

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