Mark Chediak
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mchediak.bsky.social
Mark Chediak
@mchediak.bsky.social
Journalist for Bloomberg News writing about utilities, renewables and climate disasters. Opinions are my own.
Reposted by Mark Chediak
Another finance challenge associated with tax credits that the IRS is slowing.

When a developer completes a solar project, the tax credits must be shifted from the developer to the future asset owner. This transfer must be approved by the IRS. This process, I am told, has been locked up for months.
New from me: Big investment banks are hesitant to offer so-called tax-equity financing to wind, solar and battery projects because of uncertainty over new restrictions on ownership ties to China. It's obstacle for the US renewable industry.

Gift link: www.bloomberg.com/news/article...
US Clean Energy Deals Face Financing Risk as Big Banks Hold Back
JPMorgan Chase & Co. and Morgan Stanley are among leading investment banks hesitating to provide a critical source of financing for US renewables projects.
www.bloomberg.com
February 12, 2026 at 4:11 PM
New from me: Big investment banks are hesitant to offer so-called tax-equity financing to wind, solar and battery projects because of uncertainty over new restrictions on ownership ties to China. It's obstacle for the US renewable industry.

Gift link: www.bloomberg.com/news/article...
US Clean Energy Deals Face Financing Risk as Big Banks Hold Back
JPMorgan Chase & Co. and Morgan Stanley are among leading investment banks hesitating to provide a critical source of financing for US renewables projects.
www.bloomberg.com
February 12, 2026 at 3:59 PM
Reposted by Mark Chediak
Lawyers can't reach clients in ICE detention. I've heard it anecdotally, but scale of issue is horrifying.

Bloomberg Law is a legal trade pub so many may miss this. Screenshot from their CA newsletter summarizes "bleak" situation for justice and rule of law.

news.bloomberglaw.com/litigation/l...
January 31, 2026 at 9:15 PM
Reposted by Mark Chediak
I recommend Minnesota Public Radio live. I’m learning a lot I’m not getting elsewhere.
January 24, 2026 at 10:05 PM
Please read my latest on the US offshore #wind industry. Lots of news last week! 👇🏼
January 18, 2026 at 5:18 PM
Reposted by Mark Chediak
A year after the LA wildfires, the price tag for the costliest blazes in US history is still climbing. Who pays is uncertain.

Our story on how risk and damage have spread beyond burned neighborhoods and the fight to limit losses and shift liability: www.bloomberg.com/features/202...
One Year After LA Fires, Recovery Is a Battleground
The price tag for the costliest blazes in US history is still climbing and disputes over who will pay are escalating.
www.bloomberg.com
January 7, 2026 at 3:52 PM
Reposted by Mark Chediak
A side story is there’s a ton of insider trading on these prediction markets. New accounts making hundreds of thousands on their first and only trade, that maduro would be ousted. Seems like insider trading is legal if not encouraged on these platforms
January 3, 2026 at 5:29 PM
Reposted by Mark Chediak
Delcy Rodríguez, vice president of Venezuela under Nicolás Maduro before his capture by US forces, will work with the US to transition to a democratically elected government, President Donald Trump said
Venezuelan Vice President to Help US With Transition, Trump Says
Delcy Rodríguez, vice president of Venezuela under Nicolás Maduro before his capture by US forces Saturday, has been sworn in as president and will work with the US to transition to a democratically elected government, President Donald Trump said.
bloom.bg
January 3, 2026 at 6:10 PM
US energy policy 2026!
"We're in the oil business" - Trump
January 3, 2026 at 6:18 PM
Happy New Year #energysky!

What are the big themes you are tracking this year?
January 1, 2026 at 10:48 PM
Reposted by Mark Chediak
🚨 New: “Presidency Boosts Trump’s Net Worth By $3 Billion In A Year”

“Vaulted him 118 spots on The Forbes 400, where he lands at No. 201 this year.”

@danalexander21.bsky.social for @forbes.com
Trump Jumps 118 Spots On The Forbes 400 List Thanks To Presidency
Donald Trump lost money during his first term. Out of office, he found a formula for profiting off politics—now he’s piling up billions.
www.forbes.com
September 9, 2025 at 10:56 AM
Reposted by Mark Chediak
Parsons, Kansas, will be the site of the world's first 1-mile deep nuclear reactor, a California startup says. And it will hold a groundbreaking ceremony next week: www.kcur.org/environment-...
#Kansas #ksleg #ArtificialIntelligence #datacenters #AI #advancednuclear #NuclearPower
Kansas will get the world’s first mile-deep nuclear reactor and the groundbreaking is next week
Deep Fission says it plans to install a nuclear reactor underground at an industrial park in southeast Kansas. State and local government leaders are on board. It’s part of a national push for new nuc...
www.kcur.org
December 4, 2025 at 12:43 PM
👀👀
We spent a year investigating billionaires for @washingtonpost.com.

We found: the wealthiest 100 Americans gave $1.1 billion to influence the 2024 elections — 140x more than they did in 2000. And almost all of that giving boosted Republicans.

washingtonpost.com/politics/int...
November 22, 2025 at 4:46 AM
NEWS - Trump and Mamdani agree that NY utility ConEd needs to lower utility bills.

🎁 Link: www.bloomberg.com/news/article...
Trump Calls on New York’s Con Ed to Cut Rates in Meeting With Mamdani
President Donald Trump said he talked about the need for New York utility Consolidated Edison Inc. to lower rates during a meeting with New York Mayor-elect Zohran Mamdani at the White House.
www.bloomberg.com
November 21, 2025 at 10:27 PM
Reposted by Mark Chediak
Do not miss this stunning investigation that reveals how a Koch-funded machine and Silicon Valley's new found interest is behind the dangerous advanced nuclear hype in the US.

🎁🔗 www.bloomberg.com/news/feature...
The Risky Movement to Make America Nuclear Again
A Silicon Valley startup called Oklo is leading the charge to bring nuclear power back to the US with small reactors. Its backers have wealth and political connections that could undermine nuclear saf...
www.bloomberg.com
November 1, 2025 at 4:27 PM
Reposted by Mark Chediak
Nighttime polar orbiter satellite photos of Jamaica before and after #Melissa show how the power grid was affected. Melissa knocked out power to about 77% of Jamaica’s customers, said Minister of Local Government Desmond McKenzie. Photos from worldview.earthdata.nasa.gov
October 30, 2025 at 2:16 PM
Reposted by Mark Chediak
“.. a nagging worry is beginning to grow louder on Wall Street: What if these kinds of collapses, capable of taking bonds from par to cents on the dollar in a matter of days or weeks, are not an aberration after all?” 👀

@bloomberg.com
www.bloomberg.com/news/feature...
October 13, 2025 at 12:38 AM
Reposted by Mark Chediak
Solar panel installations in China slowed again in August to hit the lowest since late 2022, as producers turned to overseas markets amid sluggish domestic demand
China’s Solar Installations Fall to Near Three-Year Low
Solar panel installations in China slowed again in August to hit the lowest in nearly three years, as producers turned to overseas markets amid sluggish domestic demand.
bloom.bg
September 26, 2025 at 4:30 AM
Reposted by Mark Chediak
President Donald Trump said his administration will use funds collected from tariffs to assist US farmers, who have thus far been hit hard by his trade policies
Trump Says Tariff Revenue Will Fund Relief for US Farmers
President Donald Trump said his administration will use funds collected from tariffs to assist beleaguered US farmers, who have thus far been hit hard by his trade policies.
bloom.bg
September 25, 2025 at 5:03 PM
Reposted by Mark Chediak
Chinese carmaker BYD just broke the speed record for a production car, and it's all electric. 308 mph.
September 23, 2025 at 11:14 PM
Reposted by Mark Chediak
A good reminder to *have an earthquake kit*. Headlamp, gloves, water, protein, radio,🔋, chocolate

If you made one ages ago that canned food is expired
September 22, 2025 at 10:21 AM
Reposted by Mark Chediak
M 4.6 - 2 km ESE of Berkeley, CA Link: https://earthquake.usgs.gov/earthquakes/eventpage/nc75240492
https://earthquake.usgs.gov/earthquakes/eventpage/nc75240492
https://earthquake.usgs.gov/earthquakes/eventpage/nc75240492
earthquake.usgs.gov
September 22, 2025 at 10:02 AM
Felt the shaking intensely in central Berkeley. Knocked a few things over but everyone is ok.
September 22, 2025 at 10:04 AM
Reposted by Mark Chediak
“The top 10% of U.S. households now account for nearly half of all consumer spending, a record high since data collection on this metric began in 1989.”

@weisenthal.bsky.social @mikezaccardi.bsky.social
September 16, 2025 at 11:28 AM
ICYMI - News from late last night on the Trump administration seeking to void the permit of a Maryland offshore wind farm. 👇🏼
The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource.
Trump Files to Cancel Approval of Maryland Offshore Wind Farm
The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource.
bloom.bg
September 13, 2025 at 2:25 PM