Heat pumps are becoming increasingly popular for residential housing with rising energy prices and the need to reduce the use of fossil fuel heating systems. Andrew Aitchison | In pictures | Getty Images Are you thinking of a domestic heat pump? New and expanded government incentives, coupled with a steep rise in utility costs, make …
BEVERLY, Mass. “It’s a gray November morning, and we’re on a long yellow school bus. The bus bounces around the patched streets of this Boston suburb in a way that would be familiar to anyone who has ever taken the bus to class. But the bus is quiet – and not just because there are …
Electric school buses offer kids a cleaner, but more expensive, route to class Read More »
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record profits in the second quarter of 2022 as energy stocks have weakened in recent months. Brandon Bell | Getty Images On Friday, two Democratic lawmakers accused the largest oil companies in the United States …
Democratic lawmakers accuse big oil companies of ‘greenwashing’ Read More »
Text size The towers of the Linden gas-fired combined heat and power plant, also known as ‘Three Warm Brothers’, in Hannover, Germany. A European Union ban on Russian oil imports by sea went into effect on Monday. Krisztian Bocsi/Bloomberg About the Author: Abishur Prakash is co-founder and geopolitical futurist of the Center for Innovating the …
Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …
WASHINGTON, Dec 6 (Reuters) – When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo in March, they pledged to cut revenue of the Russian war machine, while avoiding a devastating spike in oil prices. But keeping Russian oil on the market and global prices …
Analysis: Russia’s G7 oil price ceiling moves from revenue squeeze to market anchor Read More »
Globally, the growth of renewable energy capacity is expected to double by 2027, adding as much renewable energy in the next five years as in the past two decades, the International Energy Agency announced on Tuesday. ‘energy. Renewables are on track to overtake coal as the main source of electricity generation by early 2025, the …
Renewables will overtake coal by early 2025, Energy Agency says Read More »
Since the late 1990s, China has been the big beast in global oil markets, driving demand for the oil and other commodities it used to fuel double-digit economic growth every year for many years. then high single-digit growth for years. . As recently as 2017, China’s high economic growth rate still allowed it to overtake …
Lower oil prices on horizon as China enters next phase of Covid crisis | OilPrice.com Read More »
Just a few small issues to fix. Photo: Eveleyn Hockstein (Reuters) The landmark Inflation Reduction Act is the largest U.S. contribution yet to meeting global emissions reduction goals. And the American allies are not happy about it. Certainly, they are happy to see that the United States is (finally) spending hundreds of billions of dollars …
Why Europe is quietly mad about the US climate bill Read More »
