Renewables get vote of financial confidence in NextEra spinoff plans
NextEra Energy Inc.'s decision to form a separate company for its renewable portfolio is a signal that wind and solar projects have risen to the level of being a strong, steady, long-term investment, analysts say.
Could derailment in D.C.'s shadow accelerate oil-by-rail action?
LYNCHBURG, Va. -- "That guy better be getting hazard pay," said Marquis Brown, pointing across the river to someone scrambling down a smoldering embankment. The lone worker was apparently helping to fish three tank cars from the James River downtown here, where a CSX Corp. train hauling crude derailed and caught fire Wednesday afternoon. No one was hurt in the incident, but "that was a lucky situation," according to Brown, who works for a nearby restoration firm and said he has seen up to 1,000 people gather along the tracks for festivals such as the Fourth of July.