New York focuses on clean energy to create 50,000 jobs
Modernizing the grid that carries electricity, making broadband technology available throughout the state and speeding medical research with a $600 million Empire State Cell Fund were also parts of the Democratic governor's new program.
A new so-called Innovation Economy Matching Grant will add 10 percent to every stimulus dollar state research centers get from the federal government, he added.
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"It's freakishly cold": Deep freeze slams American energy sector
CALGARY - A deep freeze is roiling electricity markets in more than a dozen U.S. states, leading to record-setting prices for electricity and natural gas, knocking oil production off line and shutting down some of North America’s largest refineries.
“It’s freakishly cold,” said Eric Fell, a senior natural gas analyst with Wood Mackenzie in Houston, where record cold temperatures and snow have blanketed the city, caused rolling power outages, shut down refineries and sent both natural gas and electricity prices soaring.
'It’s freakishly cold': Deep freeze slams North American energy sector
The polar vortex has led to freezing temperatures in…
