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Home2022August

Month: August 2022

Finance

UBS Reports Eurozone Already In Recession The Daily Financial Trends

August 28, 2022 Mariel Alumit

Economists at UBS have issued a report which states the Eurozone has already entered a “shallow” recession which they expect to last through the end of the year. They attributed the economic slowdown to rising […]

Finance

Stocks Fall As Powell Makes Hawkish Statement The Daily Financial Trends

August 28, 2022 Mariel Alumit

Stocks dropped suddenly after Federal Reserve Chair Jerome Powell struck a hawkish tone in a speech at a Jackson Hole economic symposium, and reiterated the central bank’s primary focus was to fight inflation. The Nasdaq […]

Industry Insights

German Experts Warn of Grid Instability…” Conventional Power Plants Needed for a Long Time to Come”

August 28, 2022 Mariel Alumit

​ From the NoTricksZone By P Gosselin Germany’s massive, subsidized expansion of electricity generation from renewable sources has squeezed out conventional generation units out of the market. Two experts warn of growing grid instability. Quo Vadis, […]

Mukesh Ambani succession, spinoffs in focus at Reliance’s shareholder meeting
International News

Mukesh Ambani succession, spinoffs in focus at Reliance’s shareholder meeting

August 28, 2022 Mariel Alumit

Anticipation is high as the 65-year-old billionaire has used the speech for a series of big announcements.New Delhi:Mukesh Ambani‘s once-a-year speech to investors has over time evolved into an eagerly-awaited pronouncement on his $222 billion […]

Industry Insights

The Science of Snowfall and Climate Snowjobs

August 28, 2022 Mariel Alumit

​ Jim Steele Jim Steele “As scientists who study what controls snowfall admit, “There are “no easy answers” to the question of climate change and snow” Nonetheless click bait media doesnt hesitate to fear monger […]

Aerial view of a coal mine in Bogdanka. Poland Aug 26 2022 - Source Reuters
Coal

In Poland, where coal is king, homeowners queue for days to buy fuel

August 27, 2022 Mariel Alumit

In Poland’s late summer heat, dozens of cars and trucks line up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for days and nights to stock up on heating […]

Hundreds of new mines required to meet 2030 battery metals demand — IEA report
Climate Crisis

Hundreds of new mines required to meet 2030 battery metals demand — IEA report – What happens if they don’t get approved by regulators?

August 27, 2022 Mariel Alumit

Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found. The report concludes the industry needs […]

Granholm to Europe: Tough Luck - or pound sand depending on what country your from
ENB Pub Note

Granholm to Europe: Tough Luck – Or pound sand, depending on what part of the country your from

August 27, 2022 Mariel Alumit

ENB Pub Note: If Granholm and the Biden Administration force the U.S. E&P operators to not export oil, you will see prices at the pump over new highs. You can consider it of biblical proportions […]

BLM
ESG

Texas Blacklists BlackRock, UBS and Other Financial Firms Over Alleged Energy Boycotts

August 27, 2022 Mariel Alumit

Texas has blacklisted BlackRock Inc., BNP Paribas, UBS Group AG and other financial companies for allegedly boycotting the fossil-fuel industry, a move that could lead state pensions and other public entities to sell their shareholdings in those companies. Texas Comptroller […]

Abbott: EPA's attack on Permian Basin oil drilling 'illogical and flawed'
Political

Abbott: EPA’s attack on Permian Basin oil drilling ‘illogical and flawed’

August 27, 2022 Mariel Alumit

(The Center Square) – Texas Gov. Greg Abbott on Tuesday criticized President Joe Biden’s “ongoing attack on the Permian Basin,” the most prolific shale oil basin in the U.S. located in west Texas and southeastern […]

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