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Home2024July

Month: July 2024

US National Debt
Bankruptcy

US National Debt Hits $35 Trillion. Debt-to-GDP Ratio, at Scary Levels, Dips a Tad. And T-Bills’ Share of this Debt

July 27, 2024 Mariel Alumit

We don’t even want to know what debt-to-GDP looks like in the next recession when it’ll get hit by a double-whammy. By Wolf Richter for WOLF STREET. The US national debt – the total amount of Treasury securities […]

Flights
Climate Crisis

Green Extremists Disrupt European Flights For Second Day At Major Airports

July 27, 2024 Mariel Alumit

Over 100 flights at Frankfurt Airport were suspended temporarily again after activists glued themselves to the tarmac for another day. Flights at Frankfurt Airport, Germany’s busiest, were suspended temporarily Thursday as climate activists glued themselves […]

Climate
Climate Crisis

Rising Climate Policy Costs Fuel Surge Of Junk-Economics Skeptics

July 27, 2024 Mariel Alumit

Gov. Inslee’s program imposes increasingly draconian caps on carbon emissions, and then spends the money on inefficient green projects. Progressive leftists have enjoyed some media success in branding anyone who doubts that humans are causing […]

Shell
Big Oil Companies

Shell to build 100MW hydrogen plant

July 27, 2024 Mariel Alumit

Shell Deutschland GmbH has announced an investment in a new renewable hydrogen project. The company has decided to move forward with REFHYNE II, a 100MW proton exchange membrane (PEM) hydrogen electrolyser. This facility, which will […]

Militaries
Energy Policy

Militaries Can’t Transition to Renewable Energy

July 27, 2024 Mariel Alumit

For now, fossil fuel use will rise—but the defense sector can lead innovation into the next generation of low-carbon sources. In promoting the use of renewable energy, U.S. administrations have put considerable focus on the […]

Tech
Energy Crisis

Europe Is in Danger of Regulating Its Tech Market Out of Existence

July 27, 2024 Mariel Alumit

Poorly designed laws are forcing global firms to leave. In June, Apple announced a new product called Apple Intelligence. It’s being sold as a new suite of features for the iPhone, iPad, and Mac that […]

Electric Vehicles

Week Recap: Ford’s EV Pivot, Wind Power Woes, UK Clean Energy Setbacks, and More

July 27, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Ford scraps plans for $1.8-billion Oakville EV assembly plant, will retool to make gasoline pickups July 21, 2024 Stu Turley New plan comes after Ford postponed EV plant launch to 2027; […]

SWIFT
BRICS

BRICS Officially Announces Financial System Similar to SWIFT

July 26, 2024 Stu Turley

The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial mechanism. The creation of a new financial messaging system similar to SWIFT will allow BRICS to reshape […]

Canada
Crude Oil News

Canada is proposing to lead on climate – but it’s doubling down on oil

July 26, 2024 Mariel Alumit

Like all major rivers winding through the country, Canada’s most controversial oil pipeline is destined for the ocean. The Trans Mountain pipeline crosses two provinces, threads a national park in the Rocky Mountains, dips underneath […]

AI
AI

Is AI causing a worldwide power crisis?

July 26, 2024 Mariel Alumit

Google’s recent announcement of a 48% rise in climate emissions since 2019 points the finger at artificial intelligence. This surge is linked to the booming data centre construction by US tech giants, who claim AI […]

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