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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Renewable Energy
Finance

Why Renewable Energy Stocks Dropped on Thursday

September 23, 2022 Mariel Alumit

A number of pressure points have hit renewable energy all at once today. What happened  Renewable energy stocks struggled on Thursday, as a combination of falling energy prices and rising interest rates hurt the industry. Plug Power (PLUG -5.14%) fell […]

EU
Commodities

EU watchdog proposes emergency brake for energy markets

September 23, 2022 Mariel Alumit

LONDON (Reuters) -A temporary brake on gas and electricity derivatives when prices spike could improve how energy markets operate, the European Union’s securities watchdog proposed on Thursday, along with more fundamental changes over time. The […]

Oil prices
Crude Oil News

Oil plunges to eight-month low on strong dollar, recession fears

September 23, 2022 Mariel Alumit

NEW YORK (Reuters) –Oil prices plunged about 5% to an eight-month low on Friday as the U.S. dollar hit its strongest level in more than two decades and on fears rising interest rates will tip […]

Electricity Grid
Electrical Generation / Utilities

EU Set to Pave Way for 565 Billion Euro Overhaul of Electricity Grid

September 23, 2022 Mariel Alumit

Action plan spells out ways to promote use of renewable energy Renovating networks will help end reliance on Russian energy The European Union’s executive branch will lay out a plan to digitalize its energy grid […]

Biden
Energy Policy

The Fed Is Finally Seeing The Magnitude Of The Mess It Created

September 23, 2022 Mariel Alumit

When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of focuses on month-to-month price inflation […]

Fed
Energy Policy

The Fed Is Finally Seeing The Magnitude Of The Mess It Created

September 23, 2022 Mariel Alumit

When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of focuses on month-to-month price inflation […]

Industry Insights

The Winter Gatekeeper hypothesis (VII). A summary and some questions

September 23, 2022 Mariel Alumit

​ by Javier Vinós & Andy May “On the other hand, I think I can safely say that nobody understands climate change.” J. Vinós, paraphrasing Richard Feynman’s words about quantum mechanics. 7.1 Introduction This unplanned […]

Finance

All Three Indexes Decline Thursday Off Fed’s Hike The Daily Financial Trends

September 23, 2022 Mariel Alumit

Stocks were down at the close Thursday after a volatile session following the Federal Reserve’s announcement of a third consecutive 75 basis point hike to the benchmark fed funds rate. The S&P 500 was down […]

Finance

As The Housing Market Cools, Buyers Are Still Hurting The Daily Financial Trends

September 23, 2022 Mariel Alumit

According to new data from Realtor.com, home prices are being lowered, homes are taking longer to sell than a year ago, and now home buyers have five houses from which to choose, compared to four […]

Finance

Russia’s Wheat Harvest Bountiful, But Export Is Difficult The Daily Financial Trends

September 23, 2022 Mariel Alumit

Russia is presently on track for a historic 100 million ton wheat harvest, according to data from consultant SovEcom. Yet the commodity is piling up in the nation, as exporters struggle to move the large […]

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