This week, Congress took a step toward passing a carbon tax—an inflationary, regressive tax on all products that would lower economic growth; make all Americans worse off; and disproportionately harm poor people, farmers, and small businesses. Politicians […]
Nuclear power generation is likely to break records in 2025 as more countries invest in reactors to fuel the shift to a low-carbon global economy, while renewable energy is likely to overtake coal as a power […]
The number of UK businesses on the brink of bankruptcy skyrocketed by more than a quarter at the end of last year amid a “debt storm” triggered by a series of interest rate hikes, a […]
Japan’s liquefied natural gas imports dropped 8.1 percent in 2023, and the country lost its position as the world’s top LNG importer to China. According to the provisional data released by the country’s Ministry of […]
A joint venture consisting of China Gas, Wah Kwong Maritime Transport, and CSSC Shipping is expected to order two more liquefied natural gas (LNG) carriers from Dalian Shipbuilding Industry (DSIC) this year, according to shipbuilding […]
The plunge in mortgage rates in Nov and Dec blew up the hedge for the rate buydowns: surprise cost on top of the regular costs of buydowns. By Wolf Richter for WOLF STREET. Homebuilder stocks tanked on Tuesday […]
The SPACs Shift Technologies and Carlotz are already dead. Carvana is still out there, after its distressed debt exchange. By Wolf Richter for WOLF STREET. In an SEC filing and an announcement on its website Monday evening, Vroom […]
The datacenter industry today looks very different than it did a decade ago. A number of factors have emerged over the past few years: most recently, the proliferation of large-scale AI, but also the slowing […]
Terra-Gen and Mortenson have announced the activation of the Edwards & Sanborn Solar + Energy Storage project, the largest solar and storage project in the United States. Mortenson served as engineering, procurement, and construction contractor for […]
In yet another example of Biden incompetence, the administration is setting up rules making it harder to deliver EV charging stations. Politicizing EV Charging Stations The Wall Street Journal comments on The Politicized EV Charger ‘Revolution’ […]
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