S&P Global Market Intelligence editors' picks for the best stories for the week ended Jan. 10.
1. Nuclear exit haunts Germany as country enters crucial period for climate action
On the eve of a new law that will aim to phase out coal-fired electricity in Germany, Europe's largest economy is forced to grapple with its decision to quit another energy source: nuclear.
2. US Congress: Climate, clean energy tax bills to be 'front and center' in 2020
Despite facing low odds of enactment, U.S. lawmakers are likely to keep pushing ambitious legislation in 2020 to address climate change as they sharpen their messages on the issue ahead of the November elections.
3. Electric retrofit proposal could push gas ban boundaries in Wash. city
A city in the Pacific Northwest is poised to consider building electrification measures that would push the envelope in the growing gas ban movement, going beyond the new-building-focused requirements other municipalities have laid out.
4. US railroads post 9.2% drop in 2019 coal carloads YOY amid weak market
Following a year plagued by significant declines in international coal pricing, retiring utility coal capacity and severe Midwestern flooding, American railroads hauled about 9.2% fewer carloads of the commodity from 2018 to 2019.
5. Oil, gas deal tracker: Q4'19 saw focus on asset-level M&A
The 2019 fourth quarter saw the oil and gas sector announce 16 fewer whole-company and minority-stake deals compared to the third quarter of 2019 — 107 deals compared to 123. In the same period, the combined value of these deals fell by about $9.5 billion to $18.7 billion.