News bites: Gas rationing in New York, gloomy climate forecast, and more

The Washington Post reports on a study that concludes the gloomiest predictions about global temperature rise may be the most accurate. From their story:

“Warming is likely to be on the high side of the projections,” said John Fasullo of the National Center for Atmospheric Research in Boulder, Colo., a co-author of the report, which was based on satellite measurements of the atmosphere.

That means the world could be in for a devastating increase of about eight degrees Fahrenheit by 2100, resulting in drastically higher seas, disappearing coastlines and more severe droughts, floods and other destructive weather.

Bloomberg reports that natural-gas producers that bet big on Mitt Romney could benefit from his loss.

“While Obama will continue with a series of environmental regulations that would curb the production and use of coal, his policies promise to boost demand for natural gas in vehicles and power plants and facilitate domestic oil and gas output to levels not seen in more than two decades,” the news service reports.

The Associated Press has the latest on the U.S.-China trade battle over green energy.