The late Hugo Chavez kept his “Bolivarian Revolution” alive by picking fights — mostly with the United States and Venezuela’s traditional elites — while sailing on a sea of oil. But with energy prices plummeting and the economy cratering, Venezuelans aren’t buying the old formula anymore under Chavez’s handpicked successor.
The Supreme Court halted the EPA’s major anti-global warming initiative late Tuesday evening, dealing a major blow to President Obama’s hopes of overseeing a green energy transition in his final year in office.
A dispute among Belgium, Germany and the Netherlands, centered on a pair of 40-year-old Belgian nuclear reactors roughly an hour’s drive from large cities across the border, is laying bare a growing European rift over nuclear energy.
Sen. Ted Cruz of Texas on Wednesday cast his view on a federal ethanol mandate as a lonely but principled one, saying that Washington should not be in the business of picking winners and losers.
A prevailing sense of anxiety was in the air in the Swiss ski resort of Davos as the World Economic Forum kicked off Wednesday with delegates fretting about the turbulence in financial markets, slowdown in China and plunging oil prices.