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- The Hill 02:06August 10, 2022Energy & Environment — Dems eye increased oil profit tax after record quarterDemocrats are once again eyeing oil company profits after the firms recently posted record profits. Meanwhile, scientists are linking a type of PFAS to liver cancer. This is Overnight Energy & Environment, your source for the latest news focused on energy, the environment and beyond. For The Hill, we’re Rachel Frazin and Zack Budryk. Someone forward you this...
< Overnight Energy & Environment, Energy & Environment, Policy >
- The Hill 01:50August 10, 2022New Jersey issues first drought watch since 2016Officials in New Jersey announced a statewide drought watch on Tuesday for the the first time in six years — urging residents to conserve water amid persistent dry conditions. The issuance of a drought watch is the first step in the Garden State’s three-stage drought advisory system, according to New Jersey’s Department of Environmental Protection (DEP)....
< Equilibrium & Sustainability, Energy & Environment >
- The Hill 00:41August 10, 2022Wyden introduces bill to double tax on excess oil profitsLegislation introduced by Sen. Ron Wyden (D-Ore.) would double excess-profit taxes on oil companies making over $1 billion a year. The bill, the Taxing Big Oil Profits Act, would impose a 21 percent tax on the excess profits of oil and gas companies making more than $1 billion annually. Excess profits are determined by current...
< Policy, Energy & Environment, Big Oil, Chevron, excise tax, gas prices, inflation, Ron Wyden, Russia-Ukraine war, stock buybacks >
- The Guardian(UK) 23:54August 9, 2022Liz Truss rejects energy bill help as ‘Gordon Brown economics’Cost of living crisis dominates latest Tory hustings as foreign secretary rules out tax rise to fund government helpLiz Truss has said she rejects the “Gordon Brown economics” of helping people directly with bills as her rival, Rishi Sunak, warned the British people “will not forgive us” if vulnerable households do not get extra help this winter.At the latest Conservative hustings, the former chancellor said he would not be prepared to spend sums similar to the help offered earlier this year, and that support should be more targeted. He said: “I don’t think that will be necessary because what we are talking about now … is the extra increase on top of what we thought. Continue reading...
< Liz Truss, Rishi Sunak, Politics, UK news, Conservatives, UK cost of living crisis, Household bills, Energy bills >
- The Hill 23:30August 9, 2022Can philanthropy rise to the challenge of combating climate change?Climate change mitigation represents less than 2 percent of total philanthropic giving.
< Energy and Environment, Opinion >
- The Guardian(UK) 22:39August 9, 2022Johnson ‘absolutely certain’ next PM will offer more help on paying billsPM makes unexpected intervention as Rishi Sunak criticises Liz Truss for refusal to commit to more handoutsBoris Johnson has waded into the Tory leadership row over energy costs by declaring he is “absolutely certain” his successor will offer further help to households, as annual bills were forecast to top £4,200 by January.Johnson made an unexpected intervention on energy bills at a No 10 reception, as Liz Truss, the frontrunner to be the next prime minister, was accused by Rishi Sunak’s campaign of being “divorced from reality” over her refusal to commit to more handouts. Continue reading...
< Boris Johnson, UK cost of living crisis, Liz Truss, Rishi Sunak, Conservatives, Energy bills, Politics, UK news, Household bills >
- Huffington Post UK 21:34August 9, 2022Is The UK Heading For 1970s-Style Organised Blackouts?
< Politics, uk news, Rishi Sunak, liz truss, cost of living crisis, Energy Bills, uk-news, rishi-sunak, liz-truss, cost-of-living-crisis, energy-bills >
- Business Insider 21:04August 9, 2022A million barrels of oil could come to market if a nuclear deal is reached with Iran - but it wouldn't be a 'light switch' fix for the world's energy crisis, RBC commodities chief says"With those Russian barrels in the balance come December, additional supplies from Iran would be helpful," RBC's Helima Croft said.
< Markets, MI Exclusive, Oil Supply, Iran, iran nuclear deal, EU, Sanctions, Energy Crisis, EU oil ban > - The Hill 20:30August 9, 2022Why the Inflation Reduction Act is an economic winner for rural AmericaThe bill would invest $20 billion in family farmers and ranchers, the backbone of our rural economies.
< Energy and Environment, Opinion >
- The Hill 20:24August 9, 2022Californians see drought as top priority, demand more action: surveyCalifornian in a new statewide survey cite drought and water supply issues as their chief environmental concern for the third year in a row. Thirty percent of respondents ranked water as the most pressing issue — topping wildfires and climate change, which garnered 13 percent and 11 percent, respectively in the poll, released by the...
< Equilibrium & Sustainability, Energy & Environment, State Watch >
- Forbes 18:54August 9, 2022In Summer Of Record Heat, U.S. Power Grid Is Holding Up–So FarDespite earlier warnings from grid operators and power grid reliability experts, this summer’s unprecedented heat waves have not caused rolling blackouts in the U.S.—at least not so far.
< Money, /money, Money, /money, Business, /business, Energy, /energy >
- Breaking Defense 15:28August 9, 2022Always on target: Today and tomorrow — no matter the threat[Sponsored] The U.S., its allies and international partners face an unprecedented challenge in staying ahead of rapidly proliferating threats across multiple domains — which are showing no signs of slowing down. From intercontinental ballistic missiles to low-flying cruise missiles to swarms of unmanned aircraft systems, the increasingly complex global operating environment necessitates a strong industrial base…
< Networks / Cyber, Sponsored Post, APNT, Army, Boeing, Boeing Gamechanger, Command Control Communications Computers Intelligence Surveillance Reconnaissance / C4ISR, cyber, devsecops, directed energy, Directional Networking Waveform, Gamechanger, GMD, hypersonics, multi-domain, Patriot PAC-3, Presented by Boeing, SM-3, sponsored content, technology >
- The Guardian(UK) 15:26August 9, 2022Liz Truss doubles down on tax cuts over support for energy billsForeign secretary had previously said she did not want to give ‘handouts’ to people struggling with the cost of living Liz Truss has doubled down on her refusal to offer significant help to people with soaring energy bills this winter, despite a forecast that these could exceed £4,200 annually from January, and rise further during 2023.Truss, the runaway favourite to succeed Boris Johnson as prime minister next month, has already said she does not want to give “handouts” to people struggling with bills, preferring to prioritise tax cuts. Continue reading...
< Liz Truss, Politics, UK news, Rishi Sunak, Conservative leadership, Conservatives, Tax and spending, UK cost of living crisis, Energy bills, Business, Household bills >
- Business Insider 15:04August 9, 2022Oil tanker rates are at their highest in at least 25 years thanks to strong fuel demand and Russia sanctions disrupting traditional trading routesFuel tankers earned more than $40,000 a day for the last 14 weeks as a result of strong appetite for fuels and longer trading routes.
< Markets, MI Exclusive, Markets, Oil, Oil Markets, crude, Brent Crude, Tankers, Oil Tankers, Energy, Commodities, Sanctions, Russia, Ukraine, China, India, EU > - The Hill 14:45August 9, 2022Feehery: The elites vs. the extremistsClimate change is a preoccupation for the elites in our society. Inflation is the preoccupation for everybody else. The Jan. 6 investigation is aimed at exposing the extremists who tried to overthrow the election and reimpose Donald Trump. That’s what the Democrats hope the voters care about this November. Modern campaigns are all about tearing...
< Opinion, Campaign, Columnists, elites, Energy prices, extremists, inflation, Inflation Reduction Act >
- Huffington Post UK 14:35August 9, 2022Martin Lewis Blasts 'Zombie Government' As Energy Bills Set To Hit £4,200 In January
< Politics, Energy, cost of living, tory leadership, politics, energy, cost-of-living, tory-leadership >
- Huffington Post UK 14:13August 9, 2022What Are 'Warm Banks' And Why Are They Needed This Winter?
< Life, Home and Garden, Money, cost of living crisis, cost of living, Energy Bills, at-what-cost, home-and-garden, money, cost-of-living-crisis, cost-of-living, energy-bills >
- Forbes 13:00August 9, 2022Global Coal Consumption Surged In 2021Although global coal consumption plunged in 2020, last year saw a significant rebound in the coal sector.
< Energy, /energy, Business, /business, Energy, /energy, Business, energy >
- Business Insider 12:35August 9, 2022Norway draws up plans to slash energy supplies to Europe, driving power prices to record highsAny cuts would pile the pressure on Europe's governments, which are dealing with a brutal energy crunch triggered by Russia's invasion of Ukraine.
< Markets, MI Exclusive, Markets, Europe, Energy Crisis, Norway, Electricity, power prices, Russia, European Union, Global Economy > - The Guardian(UK) 11:53August 9, 2022UK energy bills forecast to hit £4,266 from JanuaryGovernment urged to announce more support for struggling households as Ofgem price cap expected to rise againPressure is mounting on the government to announce a fresh support package for struggling households as energy bills are now forecast to top £4,200 from January.The consultancy Cornwall Insight said on Tuesday that it expected the energy price cap to reach £4,266 a year for the first three months of next year. Continue reading...
< Energy bills, Consumer affairs, Household bills, Money, Energy industry, Business, UK news >
- The Hill 02:06August 9, 2022Energy & Environment — Senate passes biggest climate package in history After nearly two years of negotiations and stalemates, the Senate passed pivotal climate and energy legislation. This is Overnight Energy & Environment, your source for the latest news focused on energy, the environment and beyond. For The Hill, we’re Rachel Frazin and Zack Budryk. Someone forward you this newsletter? Subscribe here. Senate passes sweeping tax,...
< Overnight Energy & Environment, Energy & Environment, Policy >
- The Hill 01:30August 9, 2022Inflation Reduction Act puts our oldest climate-fighting technology to workWe can save lives, greenhouse gas emissions and money by planting trees and improving tree care in the neighborhoods
< Energy and Environment, Opinion >
- Forbes 23:36August 8, 2022Landmark Climate Bill Could Help Boost Struggling Nuclear Plants—Here’s WhyThe Inflation Reduction Act that just passed the Senate contains a billion-dollar lifeline for the nuclear power industry, which produces carbon-free electricity but has grappled with cost overruns in recent decades.
< Billionaires, /worlds-billionaires, Billionaires, /worlds-billionaires, Business, /business, Energy, /energy, Breaking, breaking-news >
- The Hill 22:23August 8, 2022Biden tours Kentucky flood damage: 'I promise you we’re staying'President Biden on Monday visited parts of Kentucky ravaged by recent deadly flooding, vowing to help rebuild the communities better than they were before. “I promise you we’re staying. The federal government, along with the state and county and the city, we’re staying until everybody’s back to where they were. Not a joke,” Biden said...
< Administration, Energy & Environment, State Watch >
- The Guardian(UK) 21:00August 8, 2022Ed Davey calls for ‘energy furlough scheme’ to avoid October price cap riseExclusive: Lib Dem leader says new PM should let government pay £36bn cost of increase and impose more windfall taxLiz Truss or Rishi Sunak should cancel the £1,400 energy price cap increase in October in a new “energy furlough scheme” and government should absorb the £36bn cost of the hike, the leader of the Liberal Democrats has said.Ed Davey said neither candidate appeared to have any policies that grasped the magnitude of what could happen this autumn. “We are facing a catastrophe this winter, a drop in living standards unlike anything we have seen in my lifetime,” he said. Continue reading...
< Economic policy, UK cost of living crisis, Energy bills, Household bills, Politics, Money, UK news, Liberal Democrats, Ed Davey >
- The Hill 21:00August 8, 2022How states can fight back against the climate emergencyThe most important tools we have to address the growing concerns around climate change are knowledge, education and preparedness.
< Energy and Environment, Opinion >
- Breitbart News 20:54August 8, 2022U.S. Department of Energy Gives Revolutionary Battery Technology to ChinaAn American company called UniEnergy developed revolutionary battery technology that could theoretically allow a house to be powered by solar energy.
< Asia, National Security, Tech, China, Clean-Energy, Department of Energy, Europe, Technology theft > - The Hill 19:54August 8, 2022National average price of gas expected to fall below $4: GasBuddyThe national average price for a gallon of gas fell to $4.01 on Monday and is expected to imminently fall below $4, according to estimates by GasBuddy. Gas prices have fallen for eight consecutive weeks after briefly peaking at a record high of more than $5 per gallon in mid-June, according to the gas price...
< Energy & Environment, gas prices, GasBuddy >
- The Hill 19:16August 8, 2022‘Dry lightning’ sparks the most destructive, expensive wildfires in California: studyDry lightning bursts are the leading cause of some of the biggest wildfire flare-ups in California’s history, a new study has found. So-called “dry lightning” — or lightning that occurs with less than 2.5 millimeters of rain — outbreaks are relatively rare, according to the study, published on Monday in Environmental Research: Climate. But such sparks can...
< Equilibrium & Sustainability, Energy & Environment, California, dry lightning, Environmental Research, Washington State University, wildfires >
- Business Insider 18:54August 8, 2022Russian crude is quietly flowing to European buyers like Italy and Spain as EU sanctions loomAccording to data tracked by Bloomberg, Russian crude flows to Italy hit a seven-week high in the seven days leading up to August 5.
< Markets, MI Exclusive, Markets, Putin, Oil, Crude Oil, Energy, Exports, Russia, Ukraine War, Italy, Turkey, Europe, Sanctions > - The Guardian(UK) 16:10August 8, 2022ScottishPower to build £150m green hydrogen plant at Port of FelixstoweExclusive: plant at Suffolk port is slated to produce 100megawatts a year of fuel from 2026ScottishPower is planning to build a £150m green hydrogen plant at the Port of Felixstowe to power trains, trucks and ships, the Guardian can reveal.The energy company has drawn up proposals for a plant at the Suffolk port to produce the fuel using renewable electricity from 2026, in quantities equivalent to 100megawatts a year – enough to power 100,000 homes. Continue reading...
< Hydrogen power, ScottishPower, Energy industry, Energy, Utilities, Environment, Renewable energy, Business, UK news >
- Forbes 15:30August 8, 2022This New Talent Marketplace Aims To Better Connect Workers With Climate CareersTerra.do is creating a global climate career platform to provide opportunities for industry experts and workers in the green economy.
< Energy, /energy, Business, /business, Energy, /energy, Careers, /careers >
- Forbes 15:01August 8, 2022Hydrogen A Winner As Manchin Forces A Diverse Energy Transition Policy ApproachAs this energy transition continues to move forward in a somewhat halting fashion, prodded by energy and climate policy decisions, it is becoming increasingly apparent even to Democrats in Washington, DC that energy diversity should be a key priority.
< Energy, /energy, Business, /business, Energy, /energy, Business, Business >
- Huffington Post UK 14:18August 8, 2022Gordon Brown Says He's 'Seeing Poverty I Did Not Expect To See Again' Amid Cost Of Living Crisis
< Politics, sky news, cost of living crisis, Gordon Brown, Energy Bills, sky-news, cost-of-living-crisis, gordon-brown, energy-bills >
- Business Insider 13:27August 8, 2022Russia unloads an oil cargo at an obscure Egyptian port, as ships carrying its crude increasingly cover their tracksEgypt's El Hamra oil port makes it possible to blend Russian barrels with Egyptian crude making its origin hard to track, according to Bloomberg.
< Markets, MI Exclusive, Markets, Russian Oil, Russian oil ban, Oil, Egypt, Sanctions, Commodities, Energy, Russian energy exports > - Forbes 12:38August 8, 2022Saudi Arabia To Join The Ranks Of Trillion-Dollar Economies, Buoyed By Oil SurgeSaudi Arabia is set to join the ranks of the trillion-dollar economies this year, helped by a surge in oil revenues following Russia’s invasion of Ukraine.
< Business, /business, Business, /business, Energy, /energy, Business, business >
- The Hill 01:00August 8, 2022Our national parks still need fixingTwo years ago, we witnessed a historic moment for our national parks with the passage of the Great American Outdoors Act — the biggest investment our country has made in our parks in more than 50 years. Even during divisive political times, our national parks brought people from across the nation and across the aisle together. In...
< Congress Blog, Energy & Environment at The Hill > - The Hill 22:18August 7, 2022Senate passes sweeping tax, climate package after marathon vote; Harris breaks tieSenate Democrats have passed their sweeping tax, health care and climate change legislation after a marathon night of voting, with Vice President Harris casting the decisive vote to break a 50-50 deadlock and send the package to the House. The long-awaited $740 billion bill would raise taxes on corporations, tackle climate change, lower prescription...
< Senate, Energy & Environment, Finance, News, Policy >
- The Guardian(UK) 13:00August 7, 2022Can’t pay, won’t pay: thousands in Britain vow to ignore energy billsSoaring costs have given rise to a civil disobedience movement aiming to put pressure on energy firmsLike millions of people across Britain, Josina, a teacher from Sheffield, is being pushed into poverty by rising energy prices. This October, when bills are set to rise again, she will have to cut back on food and other essentials if she has any hope of keeping up with the payments.“It’s terrifying, especially with three teenagers in the house. They aren’t old enough to be out working yet. They’re relying on us, and it’s a really scary thought that you potentially can’t provide for your children in that way,” she said. Continue reading...
< Energy bills, UK cost of living crisis, Household bills, Protest >
- Business Insider 11:00August 7, 2022This map shows where Europe gets its natural gas - and economic disaster is looming if Russia cuts off its fuel supplyRussia has stoked up an energy crisis in Europe by cutting the capacity of the Nord Stream 1 pipeline. Here's where the continent gets its natural gas.
< Markets, MI Exclusive, Markets, Weekend BI UK, Europe energy crisis, Gas Prices, Natural Gas, Russia, Nord Stream 1, Liquefied natural gas, Ukraine, Ukraine War, BI Graphics, Shayanne Gal > - The Guardian(UK) 21:18August 6, 2022Strikes at Ukrainian nuclear plant ‘alarming’, says UN watchdog chiefHead of International Atomic Energy Agency says shelling at Zaporizhzhia plant underlines ‘very real risk of a nuclear disaster’ Russian-Ukraine war – latest updatesThe head of the UN’s nuclear watchdog said on Saturday that he was “alarmed” by Friday’s shelling at Ukraine’s Zaporizhzhia power plant, Europe’s largest such facility.In a statement Rafael Grossi, director general of the International Atomic Energy Agency (IAEA), said that the strikes represented “the latest in a long line of increasingly alarming reports” and underlined “the very real risk of a nuclear disaster that could threaten public health and the environment in Ukraine and beyond”. Continue reading...
< Ukraine, International Atomic Energy Agency (IAEA), Russia, Nuclear power, Energy, Europe, United Nations >
- The Guardian(UK) 21:03August 6, 2022Gordon Brown: ‘Set emergency budget or risk a winter of dire poverty’Former PM has warned of a financial timebomb awaiting families as Labour plans a major intervention to address crisisBoris Johnson and the Tory leadership candidates should agree an immediate emergency budget tackling the spiralling cost of living, Gordon Brown has said, or risk “condemning millions of vulnerable and blameless children and pensioners to a winter of dire poverty”.The intervention by the former prime minister comes as new figures seen by the Observer show that more than 4 million households are on course to spend a quarter of their net income on energy. Continue reading...
< Gordon Brown, UK cost of living crisis, Politics, Conservatives, Labour, Energy bills, Business, Consumer affairs, Household bills, Money, UK news, Inflation, Rishi Sunak, Liz Truss >
- The Hill 19:03August 6, 2022Bill Gates promotes climate measures in Democrats' economic packageMicrosoft founder Bill Gates touted climate measures included in a major reconciliation package Democrats are seeking to pass, saying on Friday that the U.S. “can’t afford to miss” the opportunity to tackle climate change and bolster American energy security. He wrote in an op-ed for The New York Times that the sweeping climate, tax reform...
< Energy & Environment, Policy >
- New York Times 18:03August 6, 2022Fighting Around Ukrainian Nuclear Plant Heightens Safety FearsA series of blasts Friday at the plant, which the Russian military is using as cover for artillery attacks, renewed concerns of a radiation catastrophe.
< War and Armed Conflicts, Nuclear Energy, Russian Invasion of Ukraine (2022), Radiation, International Atomic Energy Agency, Zelensky, Volodymyr, Bakhmut (Ukraine), Nikopol (Ukraine), Russia, Ukraine, Zaporizhzhia (Ukraine) >
- The Hill 02:07August 6, 2022Energy & Environment — Sinema says yes to climate, tax deal Senators are preparing to vote on historic climate legislation after all 50 Democrats say “yes.” Meanwhile, China ceases climate and military cooperation with the United States over Speaker Nancy Pelosi's (D-Calif.) trip to Taiwan. This is Overnight Energy & Environment, your source for the latest news focused on energy, the environment and beyond. For The...
< Overnight Energy & Environment, Energy & Environment, Policy >
- The Hill 00:39August 6, 2022Reconciliation package includes $4B for western drought resilienceThe reconciliation package slated for a congressional vote this weekend includes $4 billion in new funding for the drought pummeling the western U.S. The package, dubbed the Inflation Reduction Act, includes the new funding specifically for the Bureau of Reclamation to address the 22-year drought, the worst to hit the region since the year 800,...
< Policy, Energy & Environment, News, Senate, Colorado River region, kyrsten sinema, Lake Mead, Manchin-Schumer deal, Reconciliation >
- The Hill 21:00August 5, 2022Climate activism can’t leave out the built environment — it generates half of emissionsThe public needs to see it. The good and the bad that goes into a building
< Energy and Environment, Opinion >
- Forbes 20:31August 5, 2022Big Wind And Big Solar Will Collect $113 Billion In Tax Credits This Decade, Manchin-Schumer Assures Billions MoreThe biggest favors in the Manchin-Schumer bill are going to – who else? — Big Wind and Big Solar. Indeed, the language in the bill assures that the federal tax credits for wind and solar will not expire for decades to come.
< Energy, /energy, Business, /business, Energy, /energy >
- Business Insider 17:55August 5, 2022Gas prices are 30% higher than last year - but fuel demand is cratering to pandemic levels of 2 years agoWhile prices have declined in recent weeks, they remain well above year-ago rates even as demand slows to levels last seen in July 2020.
< Markets, MI Exclusive, Markets, Gas Prices, Energy, Fuel, Gas Station, Driving, Demand destruction, Oil > - The Hill 16:30August 5, 2022What’s the plan to counter Russia’s energy squeeze?Putin’s actions indicate that he is willing to broaden the conflict into the economic sphere and test the capacity of the West to support Ukraine.
< Energy and Environment, Opinion, Russian gas, Russian oil ban >