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Home2024October

Month: October 2024

Ticking Time Bombs
Climate Crisis

‘Ticking Time Bombs’: Fire Marshal Warns of EVs Catching Fire In Hurricanes’ Aftermath

October 11, 2024 Mariel Alumit

Florida’s state fire marshal is warning that ‘ticking time bombs’ in the form of electric vehicles will litter the state in the aftermath of recent hurricanes. Chief Financial Officer and State Fire Marshal Jimmy Patronis […]

Carbon Capture
Carbon Capture

EPA Power Plant Rules Require Carbon Capture, A Costly Technology Not Expected Until 2055

October 11, 2024 Mariel Alumit

EPA’s new rule on carbon capture is facing harsh criticism for economic viability, reliance on intermittent energy, and impact on electricity costs. The EPA’s power plant rule that was finalized in April regulates carbon emissions […]

Voters
Climate Crisis

Poll: Voters Strongly Favor ‘All of the Above’ Energy Approach Over Rapid Green Transition

October 11, 2024 Mariel Alumit

Voters overwhelmingly support an ‘all of the above’ energy policy over a rapid green transition, reflecting climate change skepticism and unwillingness to pay. The future of the clean energy transition is cloudy. It’s well-known that […]

National Grid
Electrical Generation / Utilities

National Grid secures £1.7m from for net zero projects

October 11, 2024 Mariel Alumit

National Grid has been awarded £1.7 million in funding from Ofgem‘s Strategic Innovation Fund to support the development of four projects aimed at advancing the UK’s shift towards a net zero energy system. This funding […]

Germany
International News

Germany Is Hardening Its Supply Chains Against Chinese Control

October 11, 2024 Mariel Alumit

Berlin has finally realized a globalized world is also a risky one. How times have changed. A few short years ago, Germany shied away from any mention of business in connection with geopolitics. Now, the […]

Iran
Crude Oil News

Iran Could Build a Nuclear Weapon Sooner Than You Think

October 11, 2024 Mariel Alumit

The history of other countries’ weapons programs shows that Tehran could complete and deploy a missile-deliverable warhead in a matter of months. Earlier this summer, U.S. Secretary of State Antony Blinken revealed that Iran could […]

Shelf Drilling
Crude Oil News

Shelf Drilling scores jackup double in Nigeria

October 11, 2024 Mariel Alumit

Dubai-based Shelf Drilling has landed new contracts for two jackup rigs in Nigeria. The Oslo-listed jackup rig pure-play has firmed up the letter of award from September into a three-year contract for the Shelf Drilling […]

Europe
Electric Vehicles

The Price of Charging an EV in Europe

October 10, 2024 Mariel Alumit

The cost of charging an electric vehicle at public stations in Europe varies significantly by country, with Iceland, Portugal, and Finland offering the most affordable rates. Norway and Slovenia have the highest EV charging costs, […]

Pemex
Downstream

Mexican president says new Pemex refinery running at about 80% of capacity

October 10, 2024 Mariel Alumit

MEXICO CITY, Oct 10 (Reuters) – Mexico’s state-owned Pemex’s new oil refinery is processing crude at about 80% of its capacity, the country’s president said on Thursday, an amount that marks a big jump from […]

CPI
Finance

Beneath the Skin of CPI Inflation: “Core CPI” Accelerates for 3rd Month on Sharp Flip of Used Vehicle Prices, Sticky Services Inflation. Gasoline Plunged

October 10, 2024 Stu Turley

Surging homeowner insurance and other homeowner costs fuel OER CPI, which is now hotter than rent CPI. By Wolf Richter for WOLF STREET. On a month-to-month basis, the “core” Consumer Price Index – which excludes the volatile food […]

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