SMOG

ICLN: Clean Energy Will Provide Massive Returns Globally, Just Not Yet

IShares Global Clean Energy ETF (ICLN) warrants a hold rating due to multiple current barriers for the global clean energy industry. ICLN and peer clean energy funds face significant near-term challenges, including high costs, muted demand, and the prevalence of fossil fuels. Clean energy will provide massive returns globally, but suboptimal returns can be expected in the short term. The fund has a relatively attractive valuation and low expense ratio compared to peers. The energy sector has seen poor long-term performance.

Weekly Report: what happened at SMOG last week (0415-0419)?

Weekly Report: what happened at SMOG last week (0408-0412)?

U.S. grid operators say they're ready for big solar generation drop in today's eclipse

Energy U.S. Grid operators say they're ready for big solar generation drop in today's eclipse. More than 6.5 GW of domestic solar PV capacity will be totally obscured from sunlight. Texas will lose the most capacity of any state, with solar generation dropping by 92% at the peak of the eclipse.

Weekly Report: what happened at SMOG last week (0401-0405)?

SEC to pause new climate disclosure rule while litigation plays out

Energy SEC to pause new climate disclosure rule while litigation plays out. More than 20 Republican-led states and business groups have filed lawsuits seeking to overturn the rule. The SEC says it wants to focus on defending the rule's merits in court. The agency recently weakened the measure.

Weekly Report: what happened at SMOG last week (0325-0329)?

Berkeley, California, to repeal first U.S. gas ban after settling lawsuit

Berkeley, California, to repeal first U.S. Gas ban after settling lawsuit with the California Restaurant Association. A court ruled the ban violated the federal Energy Policy and Conservation Act. The city of Berkeley has agreed to drop the first-ever natural gas ban following a settlement agreement.