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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

conference
Climate Crisis

Bjorn Lomborg: COP28 will ignore net-zero’s atrocious waste of money

November 30, 2023 Mariel Alumit

The spectacle of another annual climate conference is getting underway in the United Arab Emirates (Nov 30 – Dec 12). Like Kabuki theater, performative set pieces lead from one to the other: politicians and celebrities […]

investments
Climate Crisis

Woke capitalism’s comeuppance: investments in trendy ‘ESG’ assets collapsed by $5 trillion in just two years, as Republican backlash and tumbling wind and solar stocks upend the sector

November 30, 2023 Mariel Alumit

Global investments in trendy sustainability assets shrank by nearly $5 trillion over two years, researchers say, as US and other financiers soured on investments seen as risky and opaque. In its biannual assessment, the Global Sustainable Investment […]

Catholic
Climate Crisis

Insight: Defying Pope’s calls for climate action, US Catholic bishops cling to fossil fuels

November 30, 2023 Mariel Alumit

Nov 29 (Reuters) – Hundreds of Catholic institutions around the globe have announced plans to divest their finances of oil, gas and coal to help fight climate change since Pope Francis published his landmark encyclical […]

Saudi
Geopolitical

Saudis Offer To Invest In Sanctioned Iranian Economy To Deescalate Gaza Tensions

November 30, 2023 Mariel Alumit

Saudi Arabia has for the past month been directly engaging Iran on the Gaza issue, a half-year after the longtime rivals restored official relations in a China-brokered agreement. Prior to that, a decade-long proxy war […]

OPEC+
Crude Oil News

OPEC+ agrees oil output cuts approaching 2 million bpd, sources say

November 30, 2023 Mariel Alumit

LONDON/MOSCOW/DUBAI, Nov 30 (Reuters) – OPEC+ oil producers on Thursday agreed to output cuts approaching 2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut, […]

Energy
Electrical Generation / Utilities

New Energy Bills Would Increase Costs and Blackouts

November 30, 2023 Mariel Alumit

MIDLAND, Mich. — Bills passed by the Michigan Senate last night will drastically increase Michigan’s energy costs and harm energy reliability. The Senate passed SB 271, SB 273 and SB 502, which would require the state to […]

Sunak
Climate Crisis

Sunak, Cameron and King Charles each take own private jets to travel to Cop28

November 30, 2023 Mariel Alumit

Rishi Sunak is facing fresh outrage from climate campaigners after it emerged that the prime minister, the King, and foreign secretary David Cameron are taking separate jets to the Cop28 conference in Dubai. Downing Street confirmed all three of the […]

global
Climate Crisis

Biden climate envoy Kerry to unveil 1st-ever global plan to commercialize nuclear fusion energy at UN summit

November 30, 2023 Mariel Alumit

U.S. Special Presidential Envoy for Climate John Kerry announced Monday he will unveil a first of its kind global strategy to commercialize nuclear fusion energy at an upcoming United Nations summit in Dubai. “Fusion energy is no […]

car
Electric Vehicles

Thousands of car dealers have a potent warning for electric vehicle enthusiasts

November 29, 2023 Mariel Alumit

In a public letter to President Biden, 3,882 car dealers spread across the country are asking that his administration slow down its proposed regulations mandating the production and distribution of electric vehicles. The letter comes after […]

copper
Critical Minerals

Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024

November 29, 2023 Mariel Alumit

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved in coming […]

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