Bloomberg New power from wind and solar is set to fall this year for the first time in two decades. Construction of new wind and solar farms is being delayed by factory closures, workers’ needs for social distancing and developers’ financial concerns as they emerge from the coronavirus crisis, according to research from the International Energy Agency. The world is ...

Bloomberg Canadian and Alaskan crude that normally travels to the US West Coast is finding a market in China, where demand is almost back to pre-pandemic levels. The Sofia became the second oil tanker in less than a month to ship Alaskan oil to Qingdao, China, when it left Valdez over the weekend, data compiled by Bloomberg show. At about ...

The economy isn’t going to bounce back quickly on its own from the coronavirus pandemic. State reopenings, premature or not, will restore a modicum of economic activity, but it won’t be enough to put many local businesses in the black. If the virus comes roaring back in states that reopen, it will cause a wave of fear that will depress ...