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Environment

Environment

Washington sees OPEC+ oil production cuts as a political ‘blow against Biden,’ says Dan Yergin

Washington sees OPEC+’s decision to slash oil production by more than 2 million barrels a day as political interference and a “blow” against U.S....

by admin October 6, 2022
Washington sees OPEC+ oil production cuts as a political 'blow against Biden,' says Dan Yergin
Environment

Nearly half of the coal industry is still on an expansion course in ‘reckless’ mining rush

The burning of fossil fuels such as coal, oil and gas is the chief driver of the climate crisis. Vcg | Visual China Group...

by admin October 6, 2022
Nearly half of the coal industry is still on an expansion course in 'reckless’ mining rush
Environment

Europe’s gas storage is almost full for winter. But the IEA fears next year may be very difficult

A German gas storage facility photographed in September 2022. European countries are attempting to wean themselves off Russian gas following the Kremlin’s invasion of...

by admin October 6, 2022
Europe's gas storage is almost full for winter. But the IEA fears next year may be very difficult
Environment

This is how we readied the Club portfolio for the big OPEC+ production cut

OPEC and its oil-producing allies agreed Wednesday to their largest cut to daily crude output since the early days of the Covid-19 pandemic, a...

by admin October 5, 2022
This is how we readied the Club portfolio for the big OPEC+ production cut
Environment

OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure

Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession....

by admin October 5, 2022
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure
Environment

Why the ESG vs. GOP war over energy and climate change is going nowhere

Wall Street is no stranger to culture wars, dating to William Jennings Bryan and the 19th-century free silver movement. Today’s version: The push by...

by admin October 5, 2022
Why the ESG vs. GOP war over energy and climate change is going nowhere
Environment

These stocks were our best and worst performers in the third quarter

The S & P 500 last week wrapped up the third quarter, falling more than 5%. It was the third consecutive quarter of declines...

by admin October 5, 2022
These stocks were our best and worst performers in the third quarter
Environment

White House races to block expected OPEC+ production cut

Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession....

by admin October 5, 2022
White House races to block expected OPEC+ production cut
Environment

Time for U.S. to reevaluate Saudi relationship, Sen. Chris Murphy says ahead of OPEC output cut

OPEC+’s plans to cut oil production is a “mistake,” according to U.S. Senator Chris Murphy, who said there needs to be a re-evaluation of...

by admin October 5, 2022
Time for U.S. to reevaluate Saudi relationship, Sen. Chris Murphy says ahead of OPEC output cut
Environment

German minister criticizes U.S. over ‘astronomical’ natural gas prices

A photo of a natural gas flare burning near an oil pump jack at the New Harmony Oil Field in the U.S. on June...

by admin October 5, 2022
German minister criticizes U.S. over 'astronomical' natural gas prices
Environment

Foreign Secretary James Cleverly urges ministers to keep policy views ‘around the Cabinet table’ amid Conservative infighting

Foreign Secretary James Cleverly has urged his ministerial colleagues to keep their views on government policy “around the Cabinet table” as Liz Truss faces...

by admin October 5, 2022
Foreign Secretary James Cleverly urges ministers to keep policy views 'around the Cabinet table' amid Conservative infighting
Environment

UK selects site for prototype fusion energy plant, says it will replace coal-fired facility

While there is a great deal of excitement about fusion, there are huge challenges too. Jose A. Bernat Bacete | Moment | Getty Images...

by admin October 5, 2022
UK selects site for prototype fusion energy plant, says it will replace coal-fired facility
Environment

France’s nuclear energy strategy — once its pride and joy — faces big problems this winter

French Energy Minister Agnes Pannier-Runacher reportedly said last month that EDF was committed to restarting all its nuclear reactors this winter. Jean-marie Hosatte |...

by admin October 5, 2022
France's nuclear energy strategy — once its pride and joy — faces big problems this winter
Environment

Liz Truss to close Tory conference by defending ‘new approach’ – after turbulent gathering

Liz Truss will wrap up the Conservative Party conference by defending her approach and pledging a “new Britain for the new era” – after...

by admin October 4, 2022
Liz Truss to close Tory conference by defending 'new approach' – after turbulent gathering
Environment

After only 28 days, Liz Truss has had the worst possible start – can she win back control?

In power for just 28 days – and for 10 of them politics was paused following the death of the Queen – it has...

by admin October 4, 2022
After only 28 days, Liz Truss has had the worst possible start - can she win back control?
Environment

We’re making another sale into this week’s market rally and booking a 50% profit

We’re making our second small trim into Tuesday’s rally as we slowly begin the process of replenishing our cash.

by admin October 4, 2022
Environment

Europe made a mistake with Russia’s energy and now it needs to spend, Sen. Chris Murphy says

U.S. Senator Chris Murphy on Tuesday criticized Europe’s overreliance on Russian energy and urged the region to start investing in alternate energy sources.

by admin October 4, 2022
Environment

Liz Truss says she has ‘absolutely no shame’ in performing tax cut U-turn

Liz Truss says she had “absolutely no shame” in performing a dramatic U-turn on the government’s plan to scrap the 45p higher rate of...

by admin October 4, 2022
Liz Truss says she has 'absolutely no shame' in performing tax cut U-turn
Environment

Liz Truss refuses to commit to raising benefits in line with inflation despite growing pressure

Liz Truss has refused to commit to raising benefits in line with inflation, despite growing pressure from a cabinet minister and senior Tory MPs....

by admin October 4, 2022
Liz Truss refuses to commit to raising benefits in line with inflation despite growing pressure
Environment

Kwasi Kwarteng: What a day! Chancellor admits fiscal plan caused ‘a little turbulence’ but vows to plough on with economic plan

The chancellor has admitted it has been a tough day after he was forced to U-turn on cutting income tax for the rich. Kwasi...

by admin October 4, 2022
Kwasi Kwarteng: What a day! Chancellor admits fiscal plan caused 'a little turbulence' but vows to plough on with economic plan
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