Shrinking water levels threaten to cut Mindanao’s power supply by as much as a third just as President Benigno Aquino seeks to convince voters he’s reducing electricity shortages in the Philippines’ second-biggest island.
The number of defaults from U.S. municipal issuers rated by Moody’s Investors Service has more than tripled to an annual average of 4.6 since 2007, showing willingness to pay can’t be taken for granted, the company said in a report.
Colorado, where hydraulic fracturing has helped push oil production to the highest level in 55 years, is considering legislation to rein in the practice, drawing threats from drillers who say they will flee the state if the restrictions become law.
Bob Allpress describes himself as a “redneck Republican.” Standing on the pasture behind his Nebraska home, the burly former Marine Corps sergeant with a Fu Manchu mustache explains what made him an environmental activist.
SunEdison, the solar energy development unit of MEMC Electronic Materials Inc., received a $35 million loan from the North American Development Bank to build a project at a U.S. Air Force base in Arizona.