After firing 20 percent of its workers, doubling water rates and outsourcing trash collection, Flint, Michigan, has a balanced budget. It’s also approaching the point at which it can’t function as a city.
SolarReserve LLC, a U.S. maker of technology that uses sunlight for power, plans multiple bids for Saudi Arabia’s first renewable-energy tender as the country plans to generate a third of its electricity from solar by 2032.
Washington Governor Jay Inslee said it may take as much as four years to begin transferring radioactive sludge from leaking underground tanks at the former nuclear weapons production complex known as the Hanford Site.
U.S. Treasury Secretary Timothy F. Geithner and House Speaker John Boehner hardened their positions over the fiscal cliff, each blaming the other for a standoff that could lead to more than $600 billion in tax increases and spending cuts in January.