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Home2024December

Month: December 2024

GM Robo Taxi created by Grok on X
Electric Vehicles

GM Shuts Down its Misbegotten Robotaxi Money-Pit after Acquiring Cruise in 2016 and then Blowing $10 Billion on It

December 10, 2024 Mariel Alumit

Cruise was supposed to generate $50 billion in revenues by 2030, according to GM’s former hype, which Wall Street ate up. By Wolf Richter for WOLF STREET. General Motors announced Tuesday afternoon, after blowing $10 billion on its […]

Fukushima Power plant in Japan created by Grok on X
Electrical Generation / Utilities

Japan / New Energy Policy Will Set Nuclear Share Target Of 20% By 2040

December 10, 2024 Clark Savage

  Japan’s industry ministry is making final amendments to a policy that will set the country’s planned nuclear share in 2040 at 20% – a significant increase from the estimated 8.5% the reactor fleet provides […]

Electric Vehicles

Rising electric rates are the most overlooked barrier to customer adoption of EVs

December 10, 2024 Clark Savage

Compared to internal combustion engine vehicles (ICEV), electric vehicles (EVs) cost much less to drive. They also cost far less to maintain. EV adoption rates are rising, especially in states such as California, but even […]

Crude Oil News

US Sees Small Global Oil Deficit in 2025, in Outlook Reversal

December 10, 2024 Clark Savage

The US reversed its forecast for a crude glut next year and is now calling for a small oil-market deficit. Global oil consumption should exceed output by 100,000 barrels a day in 2025, according to […]

ENB Pub Note

Biden Defends Economic Record, Says Trump Plans Threaten Growth

December 10, 2024 Clark Savage

ENB Pub Note: We all know that Joe voted for President Trump, but I did not have him defending his economic record on my bingo card this week. If you have listened to the ENB […]

Press

The Brief – A French bluff?

December 10, 2024 Andy Del Prado

Today’s edition is powered by WeMove Europe Peace now! We all want to live in a world of peace, respect and dignity. Palestinians are being erased from the media, political conversations and their land. Almost […]

Press

Poland’s Tusk signals possible winter peace talks for Ukraine

December 10, 2024 Mariel Alumit

Peace talks on the war in Ukraine could possibly start this winter, Poland’s prime minister said on Tuesday (10 December), as he outlined a series of planned meetings as Warsaw seeks to play a leading […]

Climate Crisis

Interior To Auction 400,000 Acres In ANWR To Meet Federal Leasing Requirement

December 10, 2024 Andy Del Prado

Interior will auction 400,000 acres in the Arctic National Wildlife Refuge, meeting the 2017 Tax Cuts and Jobs Act’s minimum leasing requirement. The Department of the Interior said it would hold an oil and gas […]

Climate Crisis

South Korean Firms Rethink U.S. EV Battery Plants Before Trump’s Inauguration

December 10, 2024 Andy Del Prado

South Korean companies are reconsidering their plans to build electric vehicle battery plants in the U.S. as Trump prepares to take office, citing policy uncertainty. South Korean companies are reconsidering investments in building electric vehicle […]

Climate Crisis

European political meltdown

December 10, 2024 Mariel Alumit

European political meltdown What is going on in the European political scene? Are people waking up to the Energy Reality of Green Energy Policies being expensive? Well, you don’t want to miss this episode of […]

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