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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Octopus
Press

Octopus dives into US solar power market

June 20, 2024 Mariel Alumit

Octopus Energy, the UK’s largest electricity supplier, has marked its debut in the US renewables market with the acquisition of two solar farms. This move is part of Octopus Energy’s ambitious plan to invest $2 […]

EU
Geopolitical

EU approves 14th Russia sanctions package, includes first-ever LNG sector measures

June 20, 2024 Mariel Alumit

  EU member states on Thursday (20 June) approved a 14th package of sanctions against Russia over its war in Ukraine, which for the first time included a ban on re-exports of Russian liquefied natural […]

shipping pollution
Climate Crisis

Clearing the air on shipping pollution and climate change

June 20, 2024 Mariel Alumit

Dr Sian Prior, lead advisor to the Clean Arctic Alliance, reacts to recent news headlines that cutting shipping pollution contributes to a more extreme global temperature rise. She provides scientific context for these reports, and argues that […]

Norway
Hydrogen

Norway allocates $112m to hydrogen and ammonia ships

June 20, 2024 Mariel Alumit

Norwegian government enterprise promoting green energy initiatives Enova has unveiled its largest-ever funding allocation within the shipping sector, aimed at establishing the first functioning value chains for ammonia and hydrogen. The award totaling NOK1.2bn ($112.3m) […]

seafarers
Geopolitical

New Houthi tactics put seafarers on edge

June 20, 2024 Mariel Alumit

The Houthis have ratcheted up the fear factor for seafarers heading to the Middle East – as well as families at home – with their latest video showcasing how they managed to deploy boats packed […]

US Debt
Finance

The Foreign Holders of the Ballooning US Debt: They’re Buying, But Don’t Keep Up

June 20, 2024 Mariel Alumit

As China dumps Treasury securities, the Euro Area, Canada, and financial centers load up with immense appetite. By Wolf Richter for WOLF STREET. The question that’s on everyone’s mind is how long foreign investors will continue to support […]

Offshore wind
Electrical Generation / Utilities

Offshore wind energy will come at a high cost to Northeast taxpayers

June 19, 2024 Mariel Alumit

As a renewable energy source, offshore wind appears to be free. In reality, it is among the most expensive electricity options available, and the current plans to develop giant wind farms off the U.S. East […]

ExxonMobil
Big Oil Companies

Federal judge tosses ExxonMobil lawsuit against activist investor Arjuna Capital

June 19, 2024 Mariel Alumit

(Bloomberg) – A federal judge dismissed a lawsuit by ExxonMobil against Arjuna Capital after a lawyer for the activist investor group vowed not to try to resurrect a shareholder policy opposed by the company. The […]

Trump
Crude Oil News

Trump Says He’ll Restart Oil Drilling in Alaska Wildlife Refuge

June 19, 2024 Mariel Alumit

ENB Pub Note: I do not mind drilling for oil and gas in Alaska’s wildlife areas. Our oil and gas companies are the best in the world and can minimize environmental impact. Our wind installations, […]

India
Coal

India set to see biggest jump in coal-fired power in a decade

June 19, 2024 Mariel Alumit

India will add more new coal power capacity than it has in almost a decade this year, as the country rushes to deploy generation to cope with surging electricity demand. The world’s most populous nation expects […]

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