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HomeTop News

Top News

States
Energy Policy

Red States, Blue States: A Tale of Two Economies

July 29, 2024 Mariel Alumit

The latest employment data from the Bureau of Labor Statistics for June 2024 offers a compelling snapshot of the divergent economic fortunes of red and blue states. The national unemployment rate remained steady at 4.1 percent, a […]

Energy Policy

Taiwan Shuts Second-to-Last Nuclear Plant in Controversial Shift

July 29, 2024 Stu Turley

Decision could make island more dependent on energy imports Taiwan aims to decommission last reactor by May next year Taiwan will shut down its second-to-last nuclear plant on Saturday in a move likely to make […]

Yellen
Climate Crisis

Yellen says $3 trillion is needed each year to fund climate transition

July 29, 2024 Mariel Alumit

Treasury Secretary Janet Yellen said Saturday the world’s transition to a low-carbon economy requires $3 trillion in new investment annually through 2050, and that filling the financing gap to reach that level of funding represents the […]

Novatek
Exports

Novatek sends second Arctic 2 LNG GBS to Gydan

July 29, 2024 Mariel Alumit

Russian LNG exporter Novatek has sent the second gravity-based structure platform from its yard near Murmansk to the site of the Arctic LNG 2 project located on the Gydan peninsula, according to reports in Russia. […]

Data centres
AI

Data centres now consume over a fifth of Ireland’s electricity

July 29, 2024 Mariel Alumit

Data centres in Ireland now account for over a fifth of the country’s metered electricity consumption, according to the latest figures from the Central Statistics Office (CSO). In 2023, data centres used 21% of the […]

Philippines
Geopolitical

Second ship sinks in same area of the Philippines in the space of two days

July 29, 2024 Mariel Alumit

In the same area of the Philippines authorities are having to contend with oil spills as a second tanker sank on Saturday evening, just two days after another ship went down. The Philippine Coast Guard […]

Cook Islands
Crude Oil News

Dark fleet additions see Cook Islands become a top 30 flag

July 29, 2024 Mariel Alumit

A flag featuring the Union Jack of the United Kingdom has become a go-to register for Russian-linked ships. Gabon has been elbowed out by the Cook Islands in the top 30 flag leaderboard compiled by […]

Wyoming
Energy Transition

Fight Over $500 Million Rail Tie Wind Farm In Southern Wyoming Far From Over

July 28, 2024 Stu Turley

ENB Pub Note: Please follow and support the Cowboystatedaily.com news site. They have great reporting, and this is another great, impactful story. Why do we want foreign wind companies making profits from our tax dollars […]

Macro
Finance

Macro problems on the horizon

July 28, 2024 Stu Turley

Pierre Aury warns there is a financial crisis looming that would make 2008 look like ‘a seaside picnic on a beautiful spring day’ In our last column we said that shipping is not an adiabatic […]

US National Debt
Bankruptcy

US National Debt Hits $35 Trillion. Debt-to-GDP Ratio, at Scary Levels, Dips a Tad. And T-Bills’ Share of this Debt

July 27, 2024 Mariel Alumit

We don’t even want to know what debt-to-GDP looks like in the next recession when it’ll get hit by a double-whammy. By Wolf Richter for WOLF STREET. The US national debt – the total amount of Treasury securities […]

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