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Jim Efstathiou Jr.

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WHILE USE OF NATURAL gas is expected to rise globally, gas producers are facing resistance as governments battle climate change and wind and solar costs plunge. / BLOOMBERG NEWS

Natural gas demand threatened by battle over home hookups

NEW YORK - One of the biggest threats facing the natural gas industry is in the home. Long heralded as an ideal transition from heating...
PRESIDENT DONALD TRUMP'S tariffs are expected to increase the cost of wind energy in the United States. / COURTESY DEEPWATER WIND

Trump’s import tariffs will make U.S. wind power more expensive

NEW YORK - President Donald Trump’s trade war won’t wreck the United States wind industry, but it will raise the cost of power. Tariffs on...
THE BLOCK ISLAND WIND FARM, developed by Deepwater Wind, was the first offshore wind farm in the United States. / BLOOMBERG FILE PHOTO/ERIC THAYER

Biggest problem for U.S. offshore wind: Ports are too small

NEW YORK - U.S. offshore wind developers have a space problem. Giant windmills with rotors that can stretch as high as 600 feet above the ocean’s...
A WIND TURBINE off the coast of Rhode Island. / COURTESY DEEPWATER WIND LLC

`Made in the U.S.A.’ turbines complicate U.S. offshore wind plan

NEW YORK - With state officials eyeing $56 billion of wind farm projects off the American coastline, developers are worried the turbines will need to...
THE NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION reported that 2017 was the costliest year on record for weather and climate disasters. / COURTESY NOAA

Weather disasters cost the U.S. a record $306B in 2017

NEW YORK - Extreme weather took an extreme toll on the United States last year. Losses from weather and climate disasters including hurricanes Harvey, Irma and...
THE UNITED STATES recorded 15 weather events costing $1 billion or more each through early October, one short of the record 16 in 2011. Above, damage in Providence caused by Hurricane Irene in 2011. / PBN FILE PHOTO/FRANK MULLIN

Only once has America seen more billion-dollar weather disasters

NEW YORK - In the year that President Donald Trump pulled out of the Paris accord and downplayed global warming as a security threat, the...
Fast-food workers and supporters organized by the Service Employees International Union protest in front of a McDonald's Corp. billboard on the street in Los Angeles, Calif., ratcheting up pressure on the industry to raise wages. California is one of several states set to raise the lowest legal hourly wage above the rate of $7.25 an hour set by Congress. / BLOOMBERG FILE PHOTO/PATRICK T. FALLON

No waiting for Obama as states front run U.S. on minimum...

WASHINGTON – President Barack Obama is pushing to raise the U.S. minimum wage higher than $7.25 an hour – the rate it’s been for...
SEVERAL U.S. STATES are taking steps to crack down on employers who improperly classify their workers as independent contractors to avoid paying insurance, taxes, fair wages and overtime. An employer who misclassifies employees can save an average $3,710 annually in employment taxes for each worker earning a salary of $43,007, according to a June 14 report from the Treasury Inspector General for Tax Administration. / BLOOMBERG FILE PHOTO/SAM HODGSON

States clamp down on employers calling workers contractors

NEW YORK - When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid paying insurance,...

Salazar announces streamlined permit process for offshore wind farms

NEW YORK - The United States will move faster to approve wind-power farms off the Atlantic Coast in an effort to attract investors and...
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