Latest Energy subsidies News

Court dismisses challenge to solar panel credit ruling

Aug. 17, 2018 3:17 PM EDT

AUGUSTA, Maine (AP) — The Maine Supreme Judicial Court has dismissed a challenge to a new rule by the state Public Utilities Commission on home solar panel systems. The Portland Press Herald reports the court ruled Thursday the case should go to superior court judges first, a move that disappointed...

Maduro: Gas prices to spike in Venezuela to fight smugglers

Aug. 13, 2018 11:25 PM EDT

CARACAS, Venezuela (AP) — President Nicolas Maduro said Monday that some of the world's cheapest gasoline that Venezuelan drivers enjoy will soon be sold at world market prices to combat rampant smuggling. Maduro said he wants to stop Venezuela's subsidized fuel from crossing illegally into Colombia and...

More than 120 groups push to lift broad nuclear subsidies

Aug. 6, 2018 11:49 AM EDT

ALBANY, N.Y. (AP) — Some 130 environmental groups are taking aim at New York's nuclear subsidies. The coalition, led by the Alliance for a Green Economy, wrote to Democratic Gov. Andrew Cuomo on Monday urging him to overhaul the subsidies so New Yorkers who would prefer cleaner forms of energy can opt out....

Despite subsidy, 2 wood-fired power plants remain offline

Aug. 5, 2018 2:39 PM EDT

PORTLAND, Maine (AP) — Two Maine wood-fired power plants remain inactive despite receiving approval for $1.2 million in state subsidies. The Portland Press Herald reports a July performance report shows the plants only purchased a small fraction of the wood fuel they promised to buy. The newspaper reports...

Canadian company reboots Minnesota solar panel factory

Jul. 29, 2018 10:22 AM EDT

MOUNTAIN IRON, Minn. (AP) — A Canadian company is restarting production in a once shuttered northern Minnesota solar panel manufacturing plant. Ontario-based Heliene Inc. has begun operations in a 25,000-square-foot factory in Mountain Iron, a city of nearly 3,000 people on Minnesota's Iron Range, and it...

Canadian company reboots Minnesota solar panel factory

Jul. 28, 2018 1:03 AM EDT

MOUNTAIN IRON, Minn. (AP) — A Canadian company is restarting production in a once shuttered northern Minnesota solar panel manufacturing plant. Ontario-based Heliene Inc. has begun operations in a 25,000-square-foot factory in Mountain Iron, a city of nearly 3,000 people on Minnesota's Iron Range, and it...

IMF: Haiti should cut fuel subsidies gradually, avoid unrest

Jul. 12, 2018 4:25 PM EDT

PORT-AU-PRINCE, Haiti (AP) — Haiti should eliminate fuel subsidies but do so gradually and help cushion the effects to avoid the kind of unrest that erupted last week when abrupt price hikes were announced, an International Monetary Fund official said Thursday. The Haitian government had agreed earlier in...

New Mexico oil boom town approves housing incentives

Jul. 1, 2018 1:14 AM EDT

HOBBS, N.M. (AP) — A New Mexico city in the heart of the state's booming oil and gas country has approved tens of thousands of dollars of incentives to help subsidize the development of more single-family homes. The Hobbs News-Sun reports the city commission recently approved a total of $305,000 in...

Walker signs bonding bill that has already prompted lawsuit

Jun. 20, 2018 8:54 PM EDT

JUNEAU, Alaska (AP) — Gov. Bill Walker has signed into law a bonding bill that has already drawn a legal challenge. The bill proposes establishing a new state corporation that would be empowered to sell up to $1 billion in bonds to pay off the state's remaining oil tax credit obligations. The Legislature...