News bites: US, Europe look to end solar trade war with China

The New York Times reveals that Obama administration and European Union officials are working to resolve trade battles with China over its subsidized solar panel exports.

“The plan that is starting to take shape would essentially carve up the global solar panel market into a series of regional markets,” the Times reports.

Bloomberg follows the story here.

“Michael Froman, a White House adviser and President Barack Obama’s nominee to head the U.S. trade office, informed senators in recent weeks that the U.S. is exploring talks with China and the 27-nation EU, according to a Senate aide, who asked not to be identified in describing the matter,” Bloomberg reports.

The Los Angeles Times reports on a new wrinkle in the battle over oil drilling in the Arctic National Wildlife Refuge, which remains off-limits to energy companies.

Reuters reports on European Union plans to explore the environmental effect of hydraulic fracturing.