The U.S. clean energy sector, once hailed as the future of sustainable growth, is teetering on the brink of a financial precipice. A wave of high-profile bankruptcies among solar companies in 2024 and 2025 has […]
Northvolt, once Europe’s brightest hope for a homegrown electric vehicle (EV) battery industry, is winding down its battery cell production in Sweden by June 30, 2025, following a high-profile bankruptcy. The decision, announced by bankruptcy […]
A climate change finance company backed by big-name celebrities has filed for bankruptcy following the arrest of its cofounder. A climate change finance company backed by big-name celebrities has filed for bankruptcy following the arrest […]
Biden’s green energy loan czar personally urged Li-Cycle holdings, which recycles lithium batteries, to apply for the funds A battery recycling company that the Biden administration urged to apply for a $375 million green energy […]
The Deficit-to-GDP ratio and Debt-to-GDP ratio get even uglier. By Wolf Richter for WOLF STREET. To what extent do interest payments that the US government pays on its ballooning and gigantic debt eat up tax receipts? That is […]
QE has produced years of hangover. By Wolf Richter for WOLF STREET. The Fed disclosed two types of losses in its audited annual report today: An operating loss of $77.6 billion for the year 2024, substantially less bad […]
An increasingly important question in iffy times. Here are the holders as of Q4, who dumped, who bought. By Wolf Richter for WOLF STREET. When the incredibly ballooning US national debt reached $36.22 trillion in January, it hit […]
Daily Standup Top Stories Green Swindle Loses Again: EV Automaker Runs Out Of Juice February 25, 2025 Stu Turley Nikola, a hydrogen-electric semi-truck maker, filed Chapter 11 after a spectacular market collapse. With news of another […]
Are disclosures of “unrealized losses” on bank balance sheets next? By Wolf Richter for WOLF STREET. Acting Chairman of the FDIC Board of Directors, Travis Hill, who was sworn in as FDIC Vice Chairman on January 5, released […]
Nikola, a hydrogen-electric semi-truck maker, filed Chapter 11 after a spectacular market collapse. With news of another green company going under, the green industry would never have fully developed if the federal government had not […]
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