Shares in Orsted and other offshore wind developers have taken a hit after New York regulators rejected their request for a higher price for electricity generated from their projects off the state's coast. The New York State Public Service Commission defended its decision, stating that altering the contracts would result in higher bills for ratepayers. Residential customers … [Read more...] about Offshore Wind Developers Face Setback in New York
regulations
New Restrictions on U.S. Investment in Chinese High-Tech Companies
President Joe Biden has issued an executive order aimed at implementing stricter regulations on U.S. investment in high-tech Chinese companies. These restrictions will primarily target private equity and venture capital firms and focus on Chinese companies specializing in advanced technologies with military applications, such as quantum computing, artificial intelligence, and … [Read more...] about New Restrictions on U.S. Investment in Chinese High-Tech Companies
