Wealthy homeowners are scooping up billions of dollars in tax credits for making their residences more energy efficient, while the poor are getting almost nothing under the same Biden administration effort. That’s according to an […]
By Wolf Richter for WOLF STREET. The headlines about residential construction starts this morning were of the-end-is-nigh type: “New-home construction plunges to lowest level since May 2020.” They were triggered by the data from the Census Bureau on […]
An environmental consultant has lost a High Court case against the approval of a new gas power station in Teesside. Dr Andrew Boswell challenged the former government’s decision to grant development consent for the Net […]
Tyre wear in EVs emit more particles than tailpipe emissions from a combustion engine. In this Net Hero Podcast, Sumit Bose speaks to Founder and CEO of Emissions Analytics, Nick Molden who said: ‘Typically we […]
Our estimates of diesel consumption in China totaled 3.9 million barrels per day (b/d) in June 2024, a decline of 11% from the same month last year and the largest year-over-year decline in consumption for […]
DALTON, Ga. — Growing up in Cartersville, Georgia, Lisa Nash saw what happens to communities when factory jobs disappear. It was the 1980s and corporations were offshoring production to reduce costs and raise profits. The […]
After the New Jersey Board of Public Utilities (NJBPU) formally stopped Ørsted’s Ocean Wind One and Two projects, the Danish developer has been forced to delay another major project in the US. Even though Ørsted […]
Oslo-listed Subsea 7 has won a sizeable EPC and offshore installation contract in the US Gulf of Mexico from an undisclosed client. The scope of work includes engineering, procurement, construction, and offshore installation of a […]
Danish utility Ørsted has abandoned its pioneering e-methanol project under construction in northern Sweden, blaming poor market growth and difficulty in securing long-term offtake contracts. Ørsted assumed full ownership and took a final investment decision […]
By Wolf Richter for WOLF STREET. Our Drunken Sailors, as we lovingly and facetiously have been calling them for over a year, the pillars of the US economy, are still at it, splurging at retailers. Retail sales jumped […]
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