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Home2024February

Month: February 2024

Net zero
Climate Crisis

Research warns net zero policies risk plunging thousands into poverty

February 24, 2024 Stu Turley

New research which has been published by the Institute for Community Studies has warned that net zero policy risks plunging people into poverty and that authorities must act now to prevent such a thing.   […]

Pharmacies
Cyber Terrorism

The Grid is not the only target – Pharmacies scramble to serve sick customers as ‘nation-state’ blamed for ongoing cyberattack outage

February 24, 2024 Stu Turley

ENB Pub Note: I have been talking about the poor energy policies of this administration for years. Their opening the US Grid to cyber attacks is well-documented and when combined with the open border with […]

Net Zero’s days are numbered
Carbon Capture

Net Zero’s days are numbered

February 24, 2024 Stu Turley

If a week is a long time in politics, then 2023 belongs to a different age in the politics of Net Zero. Less than eleven months ago, the government was saying that ‘Net Zero is […]

Nvidia
Finance

Nvidia, the WTF Chart of the Year. Tesla also Had WTF Charts of the Year before Shares Plunged

February 24, 2024 Stu Turley

By Wolf Richter for WOLF STREET. Nvidia is special because the dollars are suddenly so huge – a hair over $2 trillion at the open on Friday, and just a little below $2 trillion at the close. Over […]

Rivian
Electric Vehicles

Once the darling of the EV world, the electric truck-maker Rivian is reeling

February 24, 2024 Stu Turley

Rivian Automotive Inc. emerged as a darling of investors — a brand with promise for bringing the “cool” factor to the once-red-hot market for electric vehicles. But the Irvine-based company hit the brakes Wednesday, announcing […]

electric vehicle
Electric Vehicles

Your electric vehicle is lying to you

February 24, 2024 Stu Turley

When Michael Puglia first bought his Ford F-150 Lightning in July, he loved it. “It’s unbelievably fast and responsive,” Puglia told reporters. “The technology is amazing.” But as summer turned to fall and then to winter, Puglia changed his tune. He […]

emissions
Carbon Tax

US regulator drops some emissions disclosure requirements from draft climate rules

February 24, 2024 Stu Turley

 (Reuters) – The U.S. Securities and Exchange Commission (SEC) has removed some of its most ambitious greenhouse gas emission disclosure requirements from corporate climate risk rules it is preparing to adopt, people familiar with the […]

Africa
Crude Oil News

Europe, Africa oil markets tighten, lending support to futures

February 24, 2024 Stu Turley

LONDON, Feb 23 (Reuters) – Red Sea shipping delays and OPEC+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil […]

Shell
Big Oil Companies

Shell’s LNG trading makes $2.4 billion in final 2023 quarter, sources say

February 24, 2024 Stu Turley

Shell’s LNG trading accounted for third of Shell’s Q4 profit Trading was boosted by East-West arbitrage, CEO said LONDON, Feb 23 (Reuters) – Nearly a third of Shell’s (SHEL.L), opens new tab profit in the fourth quarter […]

Mercedes-Benz
Electric Vehicles

Mercedes-Benz delays electrification goal, beefs up combustion engine line-up

February 24, 2024 Stu Turley

MB pulls back expectations on electric sales MB to update combustion engine cars as EV demand slows Plug-in hybrids to “stay relevant” for several years: CEO Trade tensions, supply chain costs to weigh this year […]

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