Electric power

Auto giants and California team up for electric vehicle push

Photo: Smith Collection/Gado/Getty Images

Major automakers are joining with California officials and big power companies to launch a multi-million dollar campaign aimed at speeding up adoption of electric vehicles in the state.

Why it matters: California, the world's fifth-largest economy, is by far the country's largest auto market. However, while EV deployment there is growing, carbon emissions from transportation are still rising in the state.

A troubled nuclear power project stays alive

Two nuclear reactors
The Vogtle nuclear power plant. Photo: Pallava Bagla/Corbis via Getty Images

The only nuclear power project under construction in the U.S. will proceed after co-owners reached an 11th-hour deal Wednesday on how to handle further cost overruns.

Why it matters: For days, the future of Southern Company's delayed, way-over-budget construction of two new reactors at its Vogtle plant has been cloudy.