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Home2024August

Month: August 2024

Price
Finance

Wolf Richter on Construction Disruption, Topped Off by: “What Keeps You Awake at Night”

August 18, 2024 Stu Turley

Here I’m on Todd Miller’s Construction Disruption. He is the manufacturer of metal roof tiles and a commenter here on WOLF STREET. We discuss AI’s feared impact on CRE, the financialization of everything, including CRE, […]

Safety
Energy Crisis

Safety at Ukraine nuclear plant deteriorates after nearby blast: IAEA

August 18, 2024 Stu Turley

  Safety at Ukraine’s Zaporizhzhia nuclear power plant is deteriorating following a drone strike that hit a perimeter access road on Saturday (17 August), according to International Atomic Energy Agency (IAEA) director general Rafael Mariano […]

Electrical Generation / Utilities

A New Era for Nuclear Power in the U.S.

August 17, 2024 Stu Turley

The US government is supporting the reopening of the Palisades nuclear power plant, the first such effort in the country’s history. This reflects a shift in US energy policy towards nuclear power as a clean […]

Novatek
Geopolitical

Novatek Set to Dock Second LNG Unit at Sanctioned Arctic Plant

August 17, 2024 Stu Turley

Unit 2, accompanied by tug vessels, approached the plant: data Journey across the eastern Arctic took some three weeks Russian gas producer Novatek PJSC seems to be pushing ahead with an expansion project at its Arctic LNG […]

Electrical Generation / Utilities

Lebanon Faces Power Blackout as Clashes With Israel Intensify

August 17, 2024 Stu Turley

Lebanon is struggling with a “total blackout” across the country after the state-run power firm said it has ran out of gas oil amid intensifying cross-border assaults between Hezbollah and Israel. Electricite Du Liban said that […]

Copper
Commodities

Can the West Afford to Build Its Own Copper Industry?

August 17, 2024 Stu Turley

The West’s green energy transition is heavily reliant on copper, a metal primarily processed in China. Building a Western copper processing industry would be costly and time-consuming, potentially hindering the transition. Western governments may need […]

Zambia
Coal

Zambia to Build Rare Coal Power Plant as Harsh Drought Hits Dams

August 17, 2024 Stu Turley

Nation is suffering severe power deficit due to record drought Financing new coal power has become increasingly difficult Zambia’s energy regulator approved the construction of the nation’s second coal-fired power plant, as its worst drought […]

Zombie Wells
Crude Oil News

Zombie Wells: A $280 Billion Problem the U.S. Can’t Ignore

August 17, 2024 Stu Turley

Millions of abandoned oil and gas wells in the US pose a serious environmental and public health risk. The Bipartisan Infrastructure Law allocates $4.7 billion to address the issue, but the estimated cleanup cost is […]

Trump
International News

‘Disturbing fact’ emerges in Trump shooting probe

August 17, 2024 Stu Turley

The FBI allowed the cremation of the alleged shooter’s body, a US Congress member has said Releasing the remains of Thomas Matthew Crooks, who tried to kill Republican presidential candidate Donald Trump last month, to […]

mpox
International News

China to screen arrivals for mpox

August 17, 2024 Stu Turley

Chinese authorities have started monitoring people and goods entering the country for mpox, formerly known as monkeypox, the General Administration of Customs (GAC) said on Friday. The new measures will remain in force for six […]

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