McClaughry: Good profit is not a bad thing

The mere existence on our planet of the billionaire industrialists Charles and David Koch drives Sen. Bernie Sanders to torrents of outrage. They, according to Sanders' imagination, are the secret owners of the Republican Party, the Tea Party , and a long list of organizations opposed to the Sanders agenda, such as the political action group Americans for Prosperity.

Study Shows the High Economic Costs of Renewable Energy

U.S. politicians intent on mandating and subsidizing the use of renewable energy should first consider the damage such policies have done in Europe, concludes an analysis by the Manhattan Institute. According to the report-titled "What Happens to an Economy When Forced to Use Renewable Energy?-an assortment of policies enacted by European countries to combat climate change have led to soaring electricity costs for residential and commercial customers, leading the authors to recommend the United States reject similar policies.

Coal Firm to Pay Obama Mentor $435,000 to Fight Climate Plan

Peabody Energy Corp. is set to pay President Barack Obama's Harvard Law School mentor $435,000 this year to help the bankrupt coal producer challenge the administration's signature environmental law. The payments to Laurence Tribe, a constitutional law expert and legal icon -- spanning May to December this year -- were disclosed in a legal filing tied to Peabody's bankruptcy proceedings.

Talks on Zika bill fire up in Washington

Talks on Zika bill fire up in Washington Sen. Nelson says this is a political problem Check out this story on floridatoday.com: http://on.flatoday.com/28rbmjH An Aedes Aegypti mosquito is photographed on human skin in a lab of the International Training and Medical Research Training Center on January 25, 2016, in Cali, Colombia. WASHINGTON - Lawmakers are expected to start ironing out the details of a spending bill to combat Zika during the upcoming week, more than four months after President Obama first asked Congress for nearly $2 billion to fight the mosquito-borne virus linked to birth defects and paralysis.

AP Interview: Billionaire Koch Fed up With Politics as Usual

Billionaire Charles Koch, one of America's most influential conservative donors, said he is fed up with the vitriol of the presidential race and will air national TV ads that call on citizens to work together to fix a "rigged" economy that leaves behind the poor. Koch, in a telephone interview with The Associated Press, described Republican Donald Trump and Democrat Hillary Clinton as part of personality politics at its worst.

Obama meets Indian PM, seeks implementation of climate pact

India will try to join a climate change deal within this year, the Obama administration said Tuesday, as Prime Minister Narendra Modi met President Barack Obama at the White House and the two leaders played up their efforts to cooperate on issues of global concern. Stressing their "strong bonds," Obama said the world's two largest democracies had "joined forces" to bring about the landmark climate agreement that was reached in Paris last December.

This ETF Works for Investors Whether Hillary Clinton or Donald Trump Wins

Brace yourself for the financial advice on which presidential outcome will reward which investments. You may be advised, for example, that an exchange-traded fund focused on alternative energy, health care, or women in leadership will flourish under a President Clinton, while an aerospace and defense, real estate, or oil or coal ETF will be trotted out as a smart play for a Trump presidency.

In Meme-Moriam

This weekend, America will pause to honor the thousands of men and women who fought and died to preserve ExxonMobil's First Amendment rights, and protect it from the tyranny of justice. The effort to cast Exxon as victim of a cabal between state Attorneys General, environmentalists, and other ne'er-do-wells followed reports by journalists from InsideClimate News , the Los Angeles Times , and the Columbia Graduate School of Journalism.

Legislators, Environmental Groups Call for Better Pipeline Safety a Year After Refugio Oil Spill

One year to the day after one of the worst oil spills in Santa Barbara County history, elected officials and environmental organizations held a press conference Thursday at Refugio State Beach , calling for closer regulation of the oil industry, greater protection of the environment, and harsh penalties for Plains All American Pipeline . "You could almost not think of a more beautiful place that could be destroyed - however temporarily - by an oil spill," Assemblyman Das Williams said, pointing out the spot nearby where he learned to surf.

GOP congressmen, NY attorney general in climate dispute

Republican members of Congress have accused New York's Democratic attorney general and his counterparts in 16 other jurisdictions of chilling free speech over climate change through their legal and political campaign to curb fossil fuel burning. Thirteen of the 21 GOP members of the House Committee on Science, Space and Technology said in a letter Wednesday that Attorney General Eric Schneiderman and the others have been pushed by environmental activists "to use their prosecutorial powers to stifle scientific discourse."

Energy Milestone: Renewables Power Portugal for Four Days Straight

Electricity consumption in the country was fully covered by solar, wind and hydro power in an extraordinary 107-hour run that lasted from 6.45am on Saturday 7 May until 5.45pm the following Wednesday, the analysis says. News of the zero emissions landmark comes just days after Germany announced that clean energy had powered almost all its electricity needs on Sunday 15 May, with power prices turning negative at several times in the day - effectively paying consumers to use it.

UPDATE 1-Halliburton shareholder class action to settle for $100 million

The deal resolves a lawsuit in federal court in Dallas accusing Halliburton of misrepresenting its potential liability in asbestos litigation, its expected revenue from certain construction contracts and the benefits of a merger in 1998. Halliburton said the company itself would pay $54 million of the $100 million settlement, while its insurer would fund the rest.

U.S. reversal on transparency could sting Canadian, European oil companies

Canadian and European oil companies will find themselves at a competitive disadvantage to their American rivals if U.S. lawmakers scrap tighter transparency requirements on the industry, as expected, according to company executives, legal experts and trade groups. The U.S. Senate is poised to overturn the so-called "resource extraction rule", a regulation requiring U.S. natural resources companies to disclose taxes and other payments to foreign governments, in a vote that could come as early as Friday.

Obama has kept promises

Barack Hussein Obama To cure Congress, elect more former military members Democrats should end their hypocrisy when it comes to Kavanaugh and the judiciary Trump rated worse on ethics than predecessors going back to Nixon: Gallup MORE took to the stage at Invesco Field to accept his party's nomination. In that speech, he outlined an ambitious agenda for change - reversing the economic and foreign policies of a Republican administration that had sent America spiraling in the wrong direction.