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Home2023August

Month: August 2023

Bankruptcy

De-Banked: It’s Only A Matter Of Time Before It Happens To You

August 9, 2023 Mariel Alumit

Authored by Nick Giambruno via InternationalMan.com, “We are writing to inform you that we cannot continue serving you. As a result of this decision, your account will be closed within 14 days from the date […]

Crypto

Big-Tech, Banks, Bitcoin, and Bullion Breakdown Ahead Of CPI; Bonds Bid

August 9, 2023 Mariel Alumit

China deflation, Italian authorities watering down bank-tax threats, and fears about the AI Boom’s reality (SMCI’s comments dragged down NVDA) were the headline narrative-shapers of the day… but all anyone cares about is the giant […]

Climate Crisis

DAVID BLACKMON: Is The Green Energy Transition Falling Off The Rails?

August 9, 2023 Mariel Alumit

Is the much-hyped “energy transition” starting to crumble at its foundations now? In recent weeks we have seen the following: Ford Motor Company warns investors its electric vehicle division will lose $4.5 billion in 2023; […]

Russia
Crude Oil News

Russia Anticipates $11 Billion Energy Revenue Boost Despite Embargos

August 9, 2023 Mariel Alumit

Russia is expecting extra oil and gas revenues to reach 1 trillion rubles, or $11 billion, in the last five months of the year despite sanctions, embargos, and price caps, two people with knowledge of […]

mining
Critical Minerals

Grand Canyon monument won’t end fight over uranium mining

August 9, 2023 Mariel Alumit

If President Joe Biden creates a national monument around the Grand Canyon, that doesn’t mean the long fight over potential uranium mining in the area will end. A monument designation would halt new mining projects […]

Price
EIA News

New pumped-storage capacity in China is helping to integrate growing wind and solar power

August 9, 2023 Mariel Alumit

August 9, 2023 Data source: Global Energy Monitor, Global Hydropower Tracker, May 2023 China is building pumped-storage hydropower facilities to increase the flexibility of the power grid and accommodate growing wind and solar power. As […]

California
Regulations

California puts multi-meter rooftop solar at risk in proposed decision

August 9, 2023 Mariel Alumit

The California Public Utilities Commission (CPUC) has released a proposed decision that is expected to be harmful to the value of rooftop solar for renters in multifamily housing, farms, and schools. The decision sets hard limits on […]

carbon
Carbon Capture

Rex Murphy: Trudeau carbon tax nothing more than a senseless money grab

August 9, 2023 Mariel Alumit

I’ve insisted on this forever, with however little effect. It is a tax on carbon dioxide, a life-giving, life-enhancing element of the air we breathe. Carbon dioxide is the source and vital energy of all […]

Biden
Energy Transition

Biden’s Burdensome Regulations Are Contributing To Lackluster Economic Productivity, Experts Say

August 9, 2023 Mariel Alumit

Labor productivity reached 1.3% growth year-over-year for the second quarter of 2023 after declining for five consecutive quarters starting with the first quarter of 2022, according to the Bureau of Labor Statistics. The Biden administration […]

Electric
Electric Vehicles

Electric-Bus Maker Touted by President Biden Goes Bankrupt

August 9, 2023 Mariel Alumit

Proterra, an electric bus maker that has been lauded by President President Biden for its U.S. manufacturing operations, has become at least the third electric-vehicle business to file for bankruptcy in roughly the past year. […]

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