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Energy, most read: Blackrock exiting thermal coal

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Energy, most read: Blackrock exiting thermal coal

S&P Global Market Intelligence presents the most read stories for the week ended Jan. 17.

1. 'Climate risk is investment risk': BlackRock exiting thermal coal investments

BlackRock Inc. will quickly distance itself from much of the thermal coal sector, CEO Larry Fink said in his annual letter to CEOs.

2. EIA drops 2020 generation estimates for natural gas, coal

The U.S. Energy Information Administration in its latest monthly short-term energy outlook amended its expectations for the amount of electricity that will be generated in the U.S. by coal- and natural gas-fired power plants in 2020.

3. Citing 'all-time low' prices, Calif. aggregators eye more battery-backed solar

After signing their first power purchase agreements for geothermal energy, Monterey Bay Community Power and Silicon Valley Clean Energy, two local government-run power agencies procuring electricity for dozens of cities and counties in Central and Northern California, are considering deals for more geothermal and battery-backed solar resources.

4. Berkeley, Calif., asks federal court to toss restaurant group's gas ban lawsuit

Berkeley, Calif., petitioned a federal court to throw out a lawsuit that aims to prevent the city from enforcing a ban on natural gas hookups in new buildings.

5. Oil, gas purchases are cornerstone to US-China trade deal

If Chinese consumers and U.S. oil and gas producers can pull it off, China will be buying lots more U.S. oil and gas this year and in 2021, according to the terms of the "phase one" trade agreement the two countries signed.