Big Tech Helped Bring On An Energy Crisis

Daily Standup Top Stories Shell plans job cuts in offshore wind business as CEO refocuses on oil and gas May 29, 2024 Mariel Alumit (Bloomberg) – Shell Plc is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy sector. The British […]

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Vietnam Shifting Back To Coal

Daily Standup Top Stories Vietnam’s shift back to coal is under EU scrutiny May 28, 2024 Mariel Alumit A heat wave in Vietnam in May and June of last year led to major power shortages across the north of the country. Factories owned by some of the world’s largest tech firms, including South Korean tech giant […] “Big Oil” companies […]

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Trump Targets Offshore Wind

Daily Standup Top Stories Trump Vows Day One Executive Order Targeting Offshore Wind May 14, 2024 Mariel Alumit Donald Trump vowed to issue an executive order targeting offshore wind development if he wins a second term as president, making his most explicit threat yet toward the growing industry. The presumptive Republican nominee derided […] New Bloomberg Study […]

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\”Shell\” Games with Carbon Credits

Daily Standup Top Stories Shell sold millions of ‘phantom’ carbon credits May 7, 2024 Stu Turley “Shell sold millions of carbon credits tied to CO₂ removal that never took place to Canada’s largest oil sands companies, raising new doubts about a technology seen as crucial to mitigating greenhouse gas emissions. As […] U.S. Dept. of Energy To […]

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Sheffield Gets Khan\’ed!

Daily Standup Top Stories Tesla battery material supplier tops list of human rights abuses for second year in a row May 4, 2024 Stu Turley Tesla buys battery materials from the mining giant with the most allegations of human rights abuses against it in a database of abuses tied to clean energy. Mining company Glencore has […]

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Oil Price DROPS Below $80

Daily Standup Top Stories TotalEnergies considers moving stock listing to New York over favorable oil and gas views in U.S. May 1, 2024 Mariel Alumit (Bloomberg) – TotalEnergies SE is increasingly making noise about moving its stock listing to New York, adding to chatter around European giants potentially being attracted by U.S. investors’ greater enthusiasm for […]

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Will Geopolitics Kill The Markets?

Daily Standup Top Stories U.S. produces the energy everyone is looking for: 900 MW at the largest plant in the world April 30, 2024 Mariel Alumit It is a common misconception that renewable energy is hidden in large production plants. Instead, it is found in the sun, in the wind or in an unprecedented source that the […]

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Biden Drives Energy Prices UP 29.4%

Daily Standup Top Stories Biden’s Green-Energy Price Shock April 27, 2024 Stu Turley Do White House officials pay electric bills? They strangely keep saying the President’s climate agenda is reducing electric-power rates even as the cost of running your dishwasher is sky-rocketing, as illuminated by the Labor Department’s […] Biden Administration Finalizes Power Plant Rule April 27, […]

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Tesla Gets CRUSHED

Daily Standup Top Stories California Considers Suing Exxon Over Plastic Pollution April 23, 2024 Mariel Alumit California is close to completing a two-year investigation into Exxon on allegations of plastic pollution. After that, the state will decide whether to sue the supermajor for polluting or not. That’s what California’s Attorney General […] Oil rises as dollar slips, […]

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