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Home2022September

Month: September 2022

Manchin
Energy Policy

Manchin’s big energy deal draws pushback from many Dems

September 12, 2022 Mariel Alumit

WASHINGTON (AP) — Democrats desperately needed the vote of Sen. Joe Manchin of West Virginia to get their signature legislative priority across the finish. So they did what Washington does best: They cut a deal. To help land […]

Coal
Climate Crisis

Coal, Ironically, Is the Winner in the Green New Deal Game

September 12, 2022 Mariel Alumit

Politicians and environmentalists claim an urgent need to reduce greenhouse gas emissions, but in reality, world coal demand for power generation continues to increase and carbon dioxide emissions from the electric sector continue to grow. […]

California
Energy Policy

Biden White House loves California’s energy solutions — shortages and high costs

September 12, 2022 Mariel Alumit

Check out the latest energy crisis hobbling California: Smoke from fires triggered by an extended drought is obscuring the sunlight needed to power solar panels. But, at the same time, a tropical storm is generating rain […]

Copper
Finance

Copper Prices Are Trading Sideways, But Not For Long

September 12, 2022 Mariel Alumit

The Copper Monthly Metals Index (MMI) moved sideways from August to September as the index rose 1.13%. Copper prices remain steady. Copper prices began to slide at the beginning of September. After they caught a temporary bounce in […]

King Coal
International News

Europe’s carbon price hits new record as natural gas becomes scarce

September 12, 2022 Mariel Alumit

(Bloomberg) — Europe’s carbon price jumped to a record as the region’s energy crisis is driving up demand for some of the most polluting fuels. Businesses are burning coal and even oil to keep power […]

Abu Dhabi
International News

Abu Dhabi’s Mubadala and Taqa to invest in privatisation of two Uzbekistan power plants

September 12, 2022 Mariel Alumit

Mubadala Investment Company and the Abu Dhabi National Energy Company, better known as Taqa, have signed agreements to invest in the privatisation of two gas-fired power plants in Uzbekistan. Mubadala and Taqa will each acquire a 40 […]

Wind and Solar
Industry Insights

The Realities of Big Wind and Solar and the Need for Responsibly Produced Hydrocarbons – Part 1 Why Energy Density Matters

September 12, 2022 Mariel Alumit

Introduction The U.S. recently passed the Inflation Reduction Act (IRA) of 2022 which “doubles down” on environmental justice and renewable energy [1].  The newly created Clean Electricity Investment Tax Credit (CEITC) is available for any […]

Climate
Industry Insights

Weekly Climate and Energy New Roundup #519

September 12, 2022 Mariel Alumit

​ The Week That Was: 2022-09-10 (September 10, 2022)Brought to You by SEPP (www.SEPP.org)The Science and Environmental Policy Project Quote of the Week: The improver of natural knowledge absolutely refuses to acknowledge authority, as such. […]

Germany
Industry Insights

Wave Of German Insolvencies Picks Up Speed…”Tenfold Increase in Gas, Electricity Prices”

September 12, 2022 Mariel Alumit

​ From the NoTricksZone By P Gosselin  As Germany’s electricity and natural gas prices soar, a wave of companies – some having a long tradition – are filing insolvency. Many midsize companies rely on natural gas […]

Crude
Finance

Crude Appears Set To Continue To Slump Due To Uncertainty The Daily Financial Trends

September 12, 2022 Mariel Alumit

Crude fell to the lowest point since January as another turbulent week took its toll on oil prices, with thin trading and unclear supply and demand data fueling a 30% fall off this year’s highs. […]

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