Tesla refuses to take a Cybertruck in trade and has thousands of unsold vehicles piling up as Elon’s dream begins to unravel. The post The Tesla Cybertruck Is A Sales Disaster appeared […]
American Refiners To Refrain From Investing Amid Uncertainty
Reuters reports that U.S. refiners will refrain from making any substantial investments in expanding domestic crude processing or reducing reliance on Canada and Mexico, for instance, as the industry rallies around a […]
Geothermal Energy Poised for Significant Growth in the US
“It’s going to be the decade of geothermal.” That’s according to Cindy Taff, chief executive of geothermal company Sage Geosystems, in an interview in The Hill earlier this year. While Trump is […]
RIN Prices and Tax Credits Weigh on Biofuel Revenue
Most US biofuel production numbers are clearly on track to end the first quarter of this year in negative territory either on a quarter-over-quarter or year-over-year basis, Rystad Energy analysis suggests. The […]
Rooftop solar: Have the “poor” really subsidised the “rich” in Australia?
Australia has the world’s highest rate of rooftop solar photovoltaic (PV) adoption. The most recent data from the Australian PV Institute (APVI) reveals that Australia is on the brink of a major milestone. […]
Tanking oil prices could more than double Saudi Arabia’s deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Riyadh, Saudi Arabia. Johnnygreig | E+ | Getty Images Crashing oil prices triggered by waning demand, global trade war fears and growing crude supply could more than double Saudi Arabia’s budget deficit, […]
U.S. Shale Faces Toughest Challenge Since the 2020 Oil Price Plunge
The U.S. shale industry is being hit by the crash in oil prices, which have slumped since President Donald Trump’s tariff announcement last week. Despite the strong relief rally on Wednesday, following […]
German coalition treaty proposes including international carbon ‘offset’ credits in EU emissions targets
The treaty allows for “credible CO2 reduction through highly qualified, certified and permanent projects” in “non-European partner countries”. Effectively, this would amount to carbon offsetting, Agora Energiewende director, Julia Metz said, without […]
The great carbon capture con: Too expensive, even for Woodside
Meg O’Neill just said the quiet part out loud. The CEO of Woodside, Australia’s largest fossil gas producer, told the Australian Financial Review that making deep cuts to her company’s emissions would […]
US electricity demand will grow 50% by 2050, electrical manufacturer study finds
Driven by data centers and transportation electrification, U.S. electricity demand will increase 2% annually and 50% by 2050, the National Electrical Manufacturers Association said in a study published Monday. Improvements to energy efficiency […]
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