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Home2023March

Month: March 2023

Silicon
Finance

Silicon Valley Bank’s Fall Is a Passing Cloud Over Clean Energy

March 15, 2023 Mariel Alumit

Japanese and European banks have traditionally been big clean-energy lenders, too SVB made about $1.2 billion of project finance loans to U.S. renewable energy projects in 2022. The Wall Street Journal By Jinjoo Lee, March 14, […]

Finance

Moody’s cuts outlook on U.S. banking system to negative, citing ‘rapidly deteriorating operating environment’

March 15, 2023 Mariel Alumit

In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable. The firm, part of the big three rating services, said Monday it […]

Bankruptcy

Daily Energy Standup Episode #81-Government bonds are the new toxic Security – China to host major Middle East summit – Banking in an instant can impact runs

March 15, 2023 Andy Del Prado

Daily Standup Top Stories WAVE OF NEW LNG EXPORT PLANTS THREATENS TO KNOCK GAS PRICES March 14, 2023 Mariel Alumit HOUSTON, March 14 – A flood of liquefied natural gas (LNG) export projects due online […]

Finance

Inflation in Argentina surges past 100 percent in historic spike

March 14, 2023 Mariel Alumit

Inflation in the South American country of Argentina has risen past 100 percent for the first time since 1991, according to the government’s latest consumer price index. The National Institute of Statistics and Census (INDEC) […]

China
Critical Minerals

China to step up deep sea mining efforts

March 14, 2023 Mariel Alumit

​ China Daily reports that the country will make renewed efforts to join the race to mine the deep sea for critical minerals. The English language government-run paper says China lags behind the West in […]

Critical Minerals

Deep South Resources prospects improve in battle for Haib copper project licence in Namibia

March 14, 2023 Mariel Alumit

​ The High Court of Namibia has rendered its judgment and set aside the decision of the Minister not to renew Deep-South Resources (TSX-V: DSM) licence for the Haib copper project. The decision is a […]

Critical Minerals

Newcrest, Newmont set to talk as Newcrest outlines more mining potential

March 14, 2023 Mariel Alumit

​ A month after Newcrest Mining (TSX: NCM; ASX: NCM) rejected a $17 billion takeover bid from Newmont Mining (TSX: NGT; NYSE: NEM), the two are to discuss a potential deal, Australian Financial Review reported […]

Trump
Finance

‘Another Scandal’: Biden Admin ‘Radicals’ Blocked SVB Sale, Nationalized It, Then Blamed Trump For Collapse

March 14, 2023 Mariel Alumit

Instead of spending taxpayer dollars to nationalize Silicon Valley Bank, a private buyer favored by the Treasury and the Federal Reserve had emerged, only to be nixed by FDIC Chairman Martin Gruenberg, according to the […]

ComEd
EnergyNews

ComEd offers $120M for equity programs as part of Chicago electricity deal

March 14, 2023 Mariel Alumit

​ ComEd would spend up to $120 million in shareholder dollars on clean energy and workforce training in what the utility and other backers call a “ground-breaking” agreement being considered by Chicago’s City Council. The […]

Solar
Climate Crisis

Solar panels in Sahara could boost renewable energy but damage the global climate – here’s why

March 14, 2023 Mariel Alumit

The world’s most forbidding deserts could be the best places on Earth for harvesting solar power – the most abundant and clean source of energy we have. Deserts are spacious, relatively flat, rich in silicon – the […]

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