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Home2024September

Month: September 2024

Hezbollah
Geopolitical

The Beeper Balance Sheet

September 20, 2024 Mariel Alumit

The stunning attacks are a setback for Hezbollah but raise risks for Israel. The stunning Israeli operations that led to the near-simultaneous explosions of pagers belong to thousands of Hezbollah members on Tuesday and then, […]

Biden-Harris EV
Climate Crisis

Energy Groups Slam Biden-Harris EV Push As ‘Deceptive Overreach,’ Urge Congress To Act

September 20, 2024 Mariel Alumit

20 energy groups urge Congress to repeal the Biden-Harris EV mandate, arguing it undermines consumer choice and imposes excessive regs. Energy-focused organizations called on lawmakers to scrap the Biden-Harris administration’s electric vehicle (EV) “mandate” in […]

Rising CO2
Agriculture

Rising CO2: The Supercharged Boost Behind Global Crop Yields And Food Security

September 20, 2024 Mariel Alumit

Rising CO2 boosts crop yields, enhancing food security and farm incomes globally, while improving water-use during droughts and tough conditions. How can carbon dioxide, which has been portrayed as a dangerous pollutant threatening the very […]

offshore wind
International News

France’s €2.4bn offshore wind farm powers ahead

September 20, 2024 Mariel Alumit

Iberdrola has launched the Saint-Brieuc offshore wind farm in Brittany, France. The €2.4 billion (£2bn) project has a capacity of 496MW and will provide clean energy to nearly one million people in the region. It […]

nuclear energy
Finance

Call for banks to back nuclear energy projects

September 20, 2024 Mariel Alumit

Nuclear energy is increasingly being discussed as a key component in global efforts to improve energy security. At the “Roadmaps to New Nuclear” conference in Paris, nuclear industry associations from various countries, including the US, […]

Chevron
Fossil

Chevron retrofits LNG fleet to cut methane slip

September 20, 2024 Mariel Alumit

Wärtsilä, in partnership with Chevron Shipping, is converting one engine on six of Chevron’s LNG carriers from dual-fuel (DF) to spark gas (SG) operation, a first-of-its-kind project in the marine industry aiming to reduce methane […]

Mortgage Rates
Finance

Demand for Existing Homes Wilts, Supply Spikes to Highest for any August since 2018, Prices Dip, Despite Mortgage Rates that Have Plunged for 10 Months

September 19, 2024 Mariel Alumit

By Wolf Richter for WOLF STREET. The new motto: Lower mortgage rates and too-high prices cause demand to wilt as potential buyers wait for still lower mortgage rates, lower prices, and higher wages – something that Fannie Mae […]

Crude Oil
Crude Oil News

Saudi Arabia’s Crude Oil Exports Slumped to an 11-Month Low in July

September 19, 2024 Mariel Alumit

Saudi Arabia’s crude oil exports fell in July due to increased domestic consumption for power generation. Despite a rise in production, Saudi Arabia maintained its pledge to keep output around 9 million bpd. Saudi Arabia […]

Oil Prices
Crude Oil News

Oil Prices Resume Post-Cut Rally Despite Demand Doubts

September 19, 2024 Mariel Alumit

Oil prices climb on the Fed’s rate cut, initially dampened by worries about the U.S. economy but lifted by ongoing tensions in the Middle East. Geopolitical uncertainty, including explosions in Lebanon, contributes to a shift […]

Chevron CEO
Energy Policy

Chevron CEO: Biden’s LNG Moratorium Fails on All Fronts

September 19, 2024 Mariel Alumit

Chevron CEO Mike Wirth argues that the Biden administration’s green policies, particularly the moratorium on new LNG export permits, are undermining US energy security and raising energy costs. Wirth warns that these policies are hindering […]

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