As a rule, energy transitions don’t happen quickly. It took some 200 years for coal to supplant wood as the world’s leading source of energy. The rise of oil wasn’t that much faster. After the first o...
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Senate Passes Climate Bill. The Rush to Renewable Energy Is On.
The climate and tax package passed by the Senate on Sunday will unlock around $400 billion in funding for clean energy and accelerate a historic shift in how the world is powered. Along with a paralle...
The Math Behind GE’s Breakup. It’s a Sum-of-the-Parts Party.
Once the mightiest of industrial conglomerates, General Electric is breaking into three pieces and it is time to value each of the businesses. That means doing a sum-of-the-parts, or SOTP, valuation. ...
Chinese Wind-Turbine Companies Seek Global Growth as Western Rivals Struggle
TARANTO, Italy—Chinese wind-turbine makers have grown big on the back of their rapidly growing home market. Now they want to expand abroad, putting further pressure on Western wind-turbine makers, whi...