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Home2022September

Month: September 2022

windfall tax
Climate Crisis

Europe Is Sacrificing Its Ancient Forests for Energy

September 7, 2022 Mariel Alumit

Governments bet billions on burning timber for green power. The Times went deep into one of the continent’s oldest woodlands to track the hidden cost. burning wood was never supposed to be the cornerstone of the […]

OPEC
EIA News

OPEC oil export revenues forecast to increase in 2022 but decline in 2023

September 7, 2022 Mariel Alumit

September 7, 2022 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, August 2022 We forecast that members of OPEC will collectively earn $842 billion in revenues from oil exports in 2022, the most (adjusted […]

Natural Gas

Chris Wright, CEO, Liberty Energy, on CNBC’s Power Lunch – “We need the infrastruture that’s necessary to deliver nat gas to Europe.

September 7, 2022 Mariel Alumit

We need the infrastructure that’s necessary to deliver nat gas to Europe, says Liberty Energy CEO Chris Wright, Liberty Energy chairman and CEO, joins ‘Power Lunch’ to discuss how best to fix the global energy […]

Electric
Industry Insights

Electric Cars Are Not “Zero-Emission Vehicles”

September 7, 2022 Mariel Alumit

​ By James D. Agresti While praising California’s decision to ban the sale of new gasoline-powered cars by 2035, Governor Gavin Newsom declared that this will require “100% of new car sales in California to […]

Bitcoin
Finance

Bitcoin And Other Cryptos Under Pressure, But Holding As Other Risk-Assets Sell The Daily Financial Trends

September 7, 2022 Mariel Alumit

Cryptocurrencies, including Bitcoin BTCUSD –0.91%, were falling on Monday. The price of bitcoin dropped 0.91% to $19,700, after climbing above $20,300 on Friday, before pulling back along with the broader stock market. As it dropped […]

Liz Truss
Industry Insights

Liz Truss To Cap the Wholesale Price of Gas

September 7, 2022 Mariel Alumit

​ From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood Via Net Zero Watch: Liz Truss has taken office as Britain’s new prime minister and will on Tuesday finalise a £100bn package to […]

Russian Bank
Finance

Russian Bank, Under Sanctions, Bypasses Swift The Daily Financial Trends

September 7, 2022 Mariel Alumit

VTB, a top Russian bank, has begun to make money transfers to China in yuan, bypassing the SWIFT global financial messaging system. VTB CEO Andrey Kostin said in a statement, “The new reality is leading […]

Chinese
Finance

Chinese Companies See Profits Plunge, As Lockdowns And Real Estate Slump Hit The Economy The Daily Financial Trends

September 7, 2022 Mariel Alumit

Over 4,800 Chinese companies have released earnings for the first half, and analysts are calling it a bloodbath. Roughly 53% posted declines in net profits, a number almost as bad as when the entire nation […]

21 Million German Households, Industry Suffer Body Blow as Green Energy Scheme Disintegrates
Climate Crisis

21 Million German Households, Industry Suffer kick to the groin as Green Energy Scheme Disintegrates

September 7, 2022 Mariel Alumit

​ From the NoTricksZone By P Gosselin  Germany needs an energy Marshall Plan Consumers are now having to endure the excruciating economic pain of the country’s intensifying energy crisis –  brought on by decades of botched […]

Bear Markets
Energy Crisis

Bloomberg Reports Germany Will Enter Recession Due To Energy Prices

September 7, 2022 Mariel Alumit

Bloomberg reported on Monday that analysts believe a €65-billion financial aid package passed by Berlin, attempting to ease inflationary pressures produced by the energy crisis, will not stop a looming recession in the European nation. […]

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