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Business & Finance

North Carolina Energy Company Accused of Fraud Files for Bankruptcy

In April, federal regulators fined American Efficient $1.1 billion for perpetuating “a scam” they said cost ratepayers hundreds of millions of dollars.

By Lisa Sorg

The headquarters of American Efficient in Durham, N.C. Credit: Matt Ramey/The Assembly
Mayor Claudio Castro speaks at the Cerros de Renca Metropolitan Park in Renca, Chile, on May 3, 2025. Credit: Ministerio de Obras Públicas Chile

In Search of Funding to Fight the Climate Crisis, Local Leaders Turn to Diplomacy

By Ajani Stella

Electric vehicles sit at a Tesla dealership on April 8 in Long Beach, Calif. Credit: Eric Thayer/Los Angeles Times via Getty Images

Without Tax Credits, EV Sales Are Searching for a Spark

By Dan Gearino

The JBS meatpacking plant in Greeley, Colo. Credit: Michael Ciaglo/Getty Images

The World’s Largest Meat Company Abandons Its Climate and Deforestation Goals

By Georgina Gustin

A Freedom 250 banner celebrating America’s 250th birthday hangs at the U.S. Department of Agriculture building on June 2 in Washington, D.C. Credit: Kevin Carter/Getty Images

As America Celebrates 250th, Murkiness Surrounds Trump-Backed Planning Fund

By Amy Green

Solar panels sit next to homes in the village of Metuktire in the Amazon rainforest of Brazil on March 22, 2025. Credit: Pablo Porciuncula/AFP via Getty Images

Millions in Climate Investments for Developing Countries Were Just Announced. It’s Not Nearly Enough.

By Ajani Stella

A view of Shell’s massive ethane “cracker” plant at Monaca in Beaver County, Pennsylvania, a project that opened in 2022. Credit: Jeff Swensen for The Washington Post via Getty Images

Pennsylvania’s Fossil Fuel Tax Revenue Lags Far Behind Other Energy States, Report Says

By Jon Hurdle

Inside the London Stock Exchange Group’s headquarters in London on April 28. Credit: Justin TALLIS/AFP via Getty Images

Green Economy Hits $10 Trillion in Market Value

By Ajani Stella

Duke Energy’s coal-fired Roxboro plant sits on the shores of Hyco Lake in Person County. Credit: Lisa Sorg/Inside Climate News

Trump Administration Doubles Down on Coal Power in North Carolina

By Lisa Sorg

Incumbent Public Service Commissioner Jeremy Oden (left) lost his seat in May’s primary. Chris Beeker (right) will face his opponent in a runoff. Credit: Alabama Governor’s Office

In Alabama Primary Elections, Incumbent Utility Regulators Feel the Squeeze of High Energy Prices

By Lee Hedgepeth

Workers strike at the JBS Beef Production Facility in Greeley, Colo., on March 16. Credit: Brice Tucker/MediaNews Group/Greeley Tribune via Getty Images

Greenpeace Plans to Sue JBS for Its Climate Impacts, Seeks Details About Major Plans in Nigeria

By Georgina Gustin

A solar farm in Iola, Texas. Credit: Jon Shapley/Houston Chronicle via Getty Images

How Utility Companies and States Shaped America’s Clean Energy Transition

By Dan Gearino

Gov. Josh Shapiro speaks during a primary election night event on May 19 in Warminster, Pa. Credit: Matthew Hatcher/Getty Images

Pennsylvania’s Governor Has a Plan to Make Data Centers Bring Their Own Energy. Now Comes the Hard Part.

By Kyle Bagenstose

The Coastal Virginia Offshore Wind project is likely to be completed next year. Credit: Dominion Energy

NextEra Energy to Join the Offshore Wind Club, But Does It Matter?

By Dan Gearino

The campus of NextEra’s headquarters is seen on Monday in Juno Beach, Fla. Credit: Marco Bello/Getty Images

A Utility Mega-Merger Is All About Data Centers

By Dan Gearino, Amy Green, Charles Paullin

The construction site of a data center developed by Related Digital for Oracle and OpenAI is seen on May 6 in Saline, Mich. Credit: Jim West/UCG/Universal Images Group via Getty Images

Trump’s EPA Seeks Looser Construction Rules for Gas Plants, Data Centers and Factories

By Charles Paullin

A Los Angeles gas station on April 30, 2026. Californians are reckoning with surging gas prices—the highest nationwide according to data from the motor club, AAA. Gasoline prices have surged as the war in Iran continues. Credit: Steven Rodas/Inside Climate News

California Drivers Are Paying a More Than $6 a Gallon Price for the War in Iran

By Steven Rodas

Virginia Gov. Abigail Spanberger delivers remarks on Feb. 24 in Williamsburg. Credit: Mike Kropf/Getty Images

Virginia Legislature Bucks Governor’s Amendments to Dominion-Backed Bill

By Charles Paullin

Duke Energy receives tax breaks for its data centers, even though it reported $4.9 billion in gross profits last year. Credit: Sameer Al-Doumy/AFP via Getty Images

Duke Energy Received Tax Breaks on Its Three N.C. Data Centers

By Lisa Sorg

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