EU Commission

Goldman Sachs Executive's Editorial Casts Wall Street In Critical Light

Goldman Sachs is seeking to raise capital for a new fund to invest in the debt of troubled companies in the energy sector. “The fund, being raised by Goldman’s asset-management business, will invest mostly in high-yield corporate credit, the document shows. Known as the Energy Investment Opportunities Fund, it will also buy investment-grade credit and… Keep reading →

OPAL Pipeline To Connect To Baltic Sea

The EU Commission has intervened in construction of the South Stream gas pipeline on the grounds that deals signed between Russia’s Gazprom and seven European countries violate an EU law forbidding a company from acting as both pipeline operator and monopoly gas supplier. The EU energy commissioner will go to Moscow next month for talks… Keep reading →

Jaenschwalde Coal-Fired Power Plant

The intragency panel price per ton of carbon incorporated into the Environmental Protection Agency’s microwave rule seems to set the standard, or at least the starting point, for the federal government’s estimate of the social cost of carbon. Benjamin Zycher, visiting scholar at the conservative American Enterprise Institute, has argued that that cost “fails”. Zycher hosted… Keep reading →