Daily Standup Top Stories Buttigieg rejects critics of EV future: Like people in 2000s saying we could have landlines forever April 3, 2024 Mariel Alumit Transportation Secretary Pete Buttigieg rejected criticism of the Biden administration’s push for America to embrace a future where electric vehicles (EVs) overtake internal combustion engines, comparing the dynamic to that of landline phone […]
Continue ReadingDaily Standup Top Stories Mexico Curbs Oil Exports April 2, 2024 Mariel Alumit Mexico’s state-controlled oil company plans to halt some crude exports over the next few months, a move that would cut supply from a tightening global market. Petroleos Mexicanos, also called Pemex, canceled contracts to supply […] Coal phase-out: Germany shuts down 15 coal-fired power […]
Continue ReadingDaily Standup Top Stories BlackRock hit with ‘cease and desist’ after allegedly misleading investors about ESG practices April 1, 2024 Mariel Alumit Mississippi Secretary of State Michael Watson and the Securities Division of the Secretary of State’s Office have issued a “Cease and Desist Order” against asset manager BlackRock, alleging deceptive practices regarding the company’s Environmental, […]
Continue ReadingDaily Standup Top Stories Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse March 29, 2024 Stu Turley Notwithstanding €billions in subsidies, Sweden’s embattled wind industry is on the brink of total financial collapse. The majority of Swedish wind power outfits are underwater, bleeding cash and have no hope of recovery. In the […] DeSantis’ office […]
Continue ReadingDaily Standup Top Stories Big Tech’s Latest Obsession Is Finding Enough Energy March 24, 2024 Stu Turley HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. This year, the dominant theme of the energy industry’s flagship […] Riposte Capital Issues Statement […]
Continue ReadingDaily Standup Top Stories Colorado lawmakers adopt cuts, hard choices as state faces $170 million budget shortfall March 27, 2024 Mariel Alumit Between March 15 and March 21, the six members of the Joint Budget Committee — the group of lawmakers in charge of drafting Colorado’s spending plan — found themselves with a problem. With just over […]
Continue ReadingDaily Standup Top Stories Mass casualties feared as boxship takes out bridge in Baltimore – other coal and exports blocked March 26, 2024 Stu Turley Many are feared dead in Baltimore following a dramatic bridge collapse tonight after the 9,962 teu Dali containership smashed directly into one of the bridge’s pillars. The Maryland Transportation Authority and […]
Continue ReadingDaily Standup Top Stories Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude March 25, 2024 Mariel Alumit The world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how soon global consumption will peak. The unabated thirst for crude contributed to an increasingly confident […] Don’t let California […]
Continue ReadingDaily Standup Top Stories Big Tech’s Latest Obsession Is Finding Enough Energy March 24, 2024 Stu Turley HOUSTON—Every March, thousands of executives take over a downtown hotel here to reach oil and gas deals and haggle over plans to tackle climate change. This year, the dominant theme of the energy industry’s flagship […] Sunday’s Energy Absurdity: When […]
Continue ReadingDaily Standup Top Stories California: We Need *Another* $100 Billion for High-Speed Rail – What is a few billion between friends? ‘March 17, 2024 Stu Turley source: Hot Air: Ed Morrissey: Hey, a hundred billion here, a hundred billion there, and pretty soon you’re talking about real money. But apparently not real progress. When I first […]
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