Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about 15% of the company’s workforce. […]
The Inflation Reduction Act (IRA), the landmark climate law passed in 2022, offers energy‐related subsidies for a variety of activities. Many of the IRA’s energy subsidies, such as tax credits for electric vehicles and green hydrogen production, are slated […]
A potential EU tariff of 20% on China-made electric vehicles would cost China $3.8 billion worth of EV exports to the bloc, but it would also cost EU end-consumers “noticeably higher prices,” Germany’s Kiel Institute […]
The new BOEM rule requires stricter financial assurance standards, impacting 76% of smaller oil and gas operators in the Gulf. Small companies may face significant costs for surety bonds, potentially leading to a $379-800 million […]
A dispute over a tiny island in the Indian Ocean presents complications for U.S. goals in the Indo-Pacific. Last month, the United States deployed two B-52 bombers to the Indian Ocean as part of its […]
LNG Market Trends and Growth We are observing remarkable expansion and diversification within the global LNG market. It is projected that the market will grow from 400 million tons in 2023 to over 600 million tons by […]
Amid a deluge of terrifying headlines about destructive tornadoes, blistering heat waves and DVD-sized gorilla hail, here’s a surprising bit of good news: Global carbon dioxide emissions may have peaked last year, according to a new projection. It’s worth […]
The Biden administration has set in motion a wave of new regulations that have already cost the U.S. more than $1 trillion, which equates to thousands of dollars per family, according to a new report […]
CNN — This is a historic and pivotal year for democracy across the globe. Around 70 countries – from the United States to South Africa, via Mexico and Taiwan – will hold elections in 2024. After India’s huge and ongoing six-week ballot, however, the biggest election […]
EPA issued its Final Carbon Rule on May 9. The Rule seeks to reduce carbon dioxide emissions by targeting existing coal-fired power plants and new natural-gas fired power plants. The Rule is being challenged in […]
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