Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding bill up for discussion at U.S. Congress says. Under the draft text of the bill, “the Secretary […] US funding bill blocks […]
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Daily Standup Top Stories TotalEnergies upholds March restart date for Denmark’s largest natural gas field March 2, 2024 Stu Turley TotalEnergies EP Danmark, a subsidiary of France’s energy giant TotalEnergies, has confirmed the previously set restart date for the Tyra II redevelopment project, which is said to be Denmark’s largest natural gas field. According to […] Solar […]
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Daily Standup Top Stories 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 […] Research warns net zero policies risk plunging […]
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Daily Standup Top Stories Demagogues imperilling global fight against climate breakdown, says Kerry February 28, 2024 Mariel Alumit The populist backlash against net zero around the world is imperilling the fight against climate breakdown and must be countered urgently or we face planetary destruction “beyond comprehension”, the US climate chief, John Kerry, has warned. […] Apple’s EV exit […]
Continue ReadingDaily Standup Top Stories U.S. Electricity Generation by Source in 2023: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Geothermal, Biomass, Petroleum February 27, 2024 Mariel Alumit By Wolf Richter for WOLF STREET. Electricity generation, as measured in gigawatt-hours, has gotten hammered by a near-stagnation in demand since 2007, as efforts to make everything more efficient have produced results for […]
Continue ReadingDaily Standup Top Stories Energy Secy. Granholm explains the clean energy ‘battle’ – Really? February 26, 2024 Stu Turley The Biden administration has made some big investments into infrastructure and clean energy initiatives within the US. However, two years into the push to transition the country to clean energy, the government is still behind […] First Solar […]
Continue ReadingDaily Standup Top Stories 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 […] Shell’s LNG trading makes $2.4 billion in […]
Continue ReadingDaily Standup Top Stories Even the World’s Biggest Electric-Vehicle Market Is Slowing February 18, 2024 Stu Turley HONG KONG—Chinese electric-vehicle makers that enjoyed years of explosive growth now face a slowdown in domestic demand, spurring them to push overseas and challenge global auto giants already struggling with a transition to battery-powered cars. A subsidies-driven […] Government Approves Construction Permit […]
Continue ReadingDaily Standup Top Stories Russia to triple LNG exports by 2030 – deputy PM February 21, 2024 Mariel Alumit The country now ranks fourth in the world in terms of liquefied natural gas sales, according to Aleksandr Novak Russia plans to continue ramping up both output and exports of liquefied natural gas (LNG), Deputy […] Ford cuts […]
Continue ReadingDaily Standup Top Stories Two Wind Farms Received Over $100 Million To Switch Off February 20, 2024 Mariel Alumit Regular readers will know that I have long been concerned over the extraordinary level of payments to wind farms to switch off. These so-called ‘constraint payments’ are deemed necessary when the wires in the transmission […] The Kremlin […]
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