Energy in America

Top lawyer: Ratepayers 'holding the bag' on nuke project

More than 700,000 South Carolina power customers are unfairly "holding the bag," the state's top attorney told regulators Tuesday, obligated to pay over $2 billion in interest debt for a failed nuclear reactor construction project that has never generated any electricity and likely never will.

Regulators probing utilities' response to powerful storm

The agency that regulates utilities in Maine is opening an inquiry into the preparedness and response of electric companies following a powerful October windstorm that left more than half the state's population in the dark.

Paris hosts major climate summit _ and it's all about Trump

More than 50 world leaders are gathering in Paris for a summit that President Emmanuel Macron hopes will give new momentum to the fight against global warming, despite U.S. President Donald Trump's rejection of the Paris climate accord.

Michigan panel urges temporary shutdown of Mackinac pipeline

A government safety panel on Monday urged the temporary shutdown of twin oil pipelines in the Straits of Mackinac until their operator can finish inspections and repair coating gaps, after some members expressed concerns over a recent deal between the state and Enbridge Inc.

Business Highlights

___ Bitcoin futures soar amid frenzy over virtual currency NEW YORK (AP) — Wall Street got its first taste of bitcoin on Monday, with the price of the first-ever futures contract for the digital currency jumping 20 percent.

Global stocks mostly rise on economic growth hopes

Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard & Poor's 500 index to its third straight weekly gain on Friday despite weakness earlier in the week.

Asian shares advance following encouraging US jobs report

Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard & Poor's 500 index to its third straight weekly gain on Friday despite weakness earlier in the week.

Business Highlights

___ A stronger global economy is helping boost the US job market WASHINGTON (AP) — U.S. employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery.

Officials have more work ahead on Enbridge pipeline review

Minnesota officials need to do more work on the environmental review of Enbridge Energy's proposed replacement for its aging Line 3 crude oil pipeline, which has drawn strong opposition from environmental and tribal groups.