Energy in America

Business Highlights

___ Trump appears to raise new doubts about US-China trade deal WASHINGTON (AP) — President Donald Trump is casting doubt on the prospects for talks that are designed to head off a trade war between the United States and China.

New Jersey OKs $300M annually to rescue nuclear industry

Legislation that would authorize $300 million annually to rescue New Jersey's nuclear energy industry — a request for financial help made by the state's largest utility company — was signed into law Wednesday.

Business Highlights

___ US and China work on ZTE rescue; Mnuchin denies quid pro quo WASHINGTON (AP) — The United States and China are working toward an agreement that would ease U.S. sanctions that were imposed on ZTE Corp. and let the Chinese telecommunications giant stay in business.

Scholar: Dumping fossil fuels by 2050 needed to save climate

A prominent American economist says getting rid of fossil fuels by mid-century and making the switch to large-scale renewable energy sources and nuclear power offers the best chance of meeting the climate change targets set out by the Paris accord.