S&P Global Market Intelligence presents the most read stories for the week ended July 27.
1. New US House bill would create $24/tonne tax on carbon emissions
A new bill from a GOP member of the U.S. House of Representatives would create at $24/tonne tax on carbon dioxide emissions while limiting the U.S. Environmental Protection Agency's authority to regulate greenhouse gas emissions from stationary sources under the Clean Air Act.
2. Beset by tariffs and domestic downturn, Chinese solar giants plant flags in US
Looking out at the exhibition floor of San Francisco's Moscone Center, Bruce Zhu, vice president of Risen Energy America Inc., a subsidiary of Chinese solar panel supplier Risen Energy Co. Ltd., admitted this year has been a struggle.
3. Russia breached US utility control rooms, Homeland Security warns
Media reports that Russian government-backed hackers gained access to industrial control systems of U.S. electric utilities and had the ability to cause blackouts on the power grid have been walked back and downplayed by U.S. Homeland Security and industry insiders.
4. As earnings near, Appalachian drillers face oversupply fears from new gas pipes
Heading into a slate of second-quarter earnings announcements, Appalachian shale gas stocks continue to stick to low natural gas prices while the threat from the Permian Basin shale oil and gas production explosion grows.
5. Powder River Basin coal production declined 9.9% in Q2
Total coal production declined sharply in the second quarter at some of the largest coal mines in the nation as producers dealt with heavy rainfall in the Powder River Basin.