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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

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 […]

Tesla
Energy Storage

Tesla launches new UK home battery

June 19, 2024 Mariel Alumit

Tesla has announced the release of Powerwall 3, the latest version of its home battery, in the UK. This new model follows the Powerwall 1 and Powerwall 2, with more than 600,000 units installed globally. […]

BlackRock
ESG

BlackRock Desperate To Shed ESG Reputation

June 19, 2024 Mariel Alumit

BlackRock appears to be trying to make up for its politicized, anti-fossil fuels ESG investment strategy, according to a report by Fox News: “In a release obtained by Fox News Digital on Monday, BlackRock officials […]

climate change
Climate Crisis

We have, can, and must continue to adjust to climate change – and not kill billions!

June 19, 2024 Mariel Alumit

Co-authored by Ron Stein and Paul Drissen Earth’s climate has changed many times over four billion years, and 99.999% of those changes occurred before humans were on this planet. During that short time, humans adjusted […]

sulfur
Climate Crisis

‘Inadvertent geoengineering’: Researchers say low-sulfur shipping rules made climate change worse

June 19, 2024 Mariel Alumit

Described at the time as the “biggest change in oil market history,” the International Maritime Organization (IMO) enforced new standards on Jan. 1, 2020, to cut their fuel sulfur content to 0.5%, down from 3.5%. […]

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