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Home2024

Year: 2024

Climate Crisis

Washington State Proposes a Ban on Gas-Powered Tools and Jail Time to Those Who Violate the Ban

January 26, 2024 Stu Turley

Washington state is considering legislation imitating California’s ban on new gas-powered outdoor equipment, but adding hefty fines and jail sentences to those who use such tools. Under the Washington proposal, gas-powered equipment under 25 horsepower […]

Finance

Equinor and BP part ways in US offshore wind swap deal

January 26, 2024 Mariel Alumit

Maersk Supply Service Equinor and BP have agreed to separately pursue their joint offshore wind projects in the US through a swap transaction under which the Norwegian oil and gas giant will take full ownership […]

Offshore

Ørsted withdraws from Maryland offshore wind farm deal

January 26, 2024 Mariel Alumit

Ørsted Danish renewable energy developer Ørsted has changed its plans for the 966-MW Skipjack Wind project off the coast of Maryland in the US. The company claimed that financial incentives provided by Maryland were no […]

Geopolitical

Why globalisation and its enemies matter

January 26, 2024 Mariel Alumit

Andrew Craig-Bennett channels a former paramount leader of China in reminding readers to seek truth from facts. People like to feel that they are right. It is far easier to get someone to agree with […]

Price
Finance

Prices of New Houses Drop to 2-Year Low

January 26, 2024 Stu Turley

Homebuilders do what it takes to sell homes in this market while sales of existing homes have collapsed. By Wolf Richter for WOLF STREET. The median price of new single-family houses sold in December dropped to $413,200, down […]

metals
Rare Earth Minerals

A roadmap for green metals in 2024

January 25, 2024 Mariel Alumit

​ Last year was a bloodbath for mining stocks tied to the green energy transition. But with markets rallying in the early part of 2024, ‘green miners’ continue to lag. Unfortunately, that doesn’t bode well […]

No Picture
Rare Earth Minerals

A roadmap for green metals in 2024

January 25, 2024 Stu Turley

​Last year was a bloodbath for mining stocks tied to the green energy transition. But with markets rallying in the early part of 2024, ‘green miners’ continue to lag. Unfortunately, that doesn’t bode well for […]

Samarco
Rare Earth Minerals

Brazil judge orders Vale, BHP and Samarco to pay $9.7 billion in damages

January 25, 2024 Mariel Alumit

​ A Brazilian judge has sentenced Vale (NYSE: VALE) and BHP (ASX: BHP) and their joint venture Samarco to pay 47.6 billion reais ($9.67 billion) in damage repairs over a burst tailings dam in 2015, according to a […]

Copper
Rare Earth Minerals

Copper market a ‘powder keg’ ready to explode, says Friedland

January 25, 2024 Mariel Alumit

​ The physical market for copper is “very, very tight and now in deficit”, and with the Federal Reserve rate cut on the horizon, the metal is set to explode this year, said Robert Friedland […]

Wyloo
Rare Earth Minerals

Wyloo looks ahead to Ring of Fire development despite Indigenous resistance

January 25, 2024 Mariel Alumit

​ Kristan Straub, CEO of Wyloo Metals Canada, earlier this week addressed business leaders in Thunder Bay, Ontario, where he updated his audience on the company’s plan for Ontario’s Ring of Fire properties and how […]

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