Central Wisconsin communities are coordinating efforts to shine a light into the flickering shadow cast by a looming wind turbine industry. “There is a revolt happening here,” attorney Marti Machtan told The Epoch Times. “I’ve never seen our communities engage like this in my life.” Machtan is a member of Farmland First, an organization that…
IN-DEPTH: ‘It’s Criminal’: Central Wisconsin Communities Unite to Stave Off Looming Wind Turbine Industry
May 19, 2023
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‘Renewables Are Not the Holy Grail’, Energy Boss
The boss of one of Australia’s largest domestic gas suppliers has warned the country could face significant problems if it phases out oil and gas in favour of renewables amid rising pressures from the industry’s opponents. In his speech to the Australian Petroleum Production and Exploration Association’s (APPEA) 2023 conference, Santos CEO Kevin Gallagher said…
IN-DEPTH: How Did the NDP and UCP Impact Alberta While in Power?
The New Democratic Party (NDP) and the United Conservative Party (UCP) have both held a majority government for one full term in Alberta, and the two are vying to break the tie on May 29. Here’s a look at the policies of the two governments during their tenure in some key areas. But a note…
Oil Rebounds on Fading Risk of US Debt Default
LONDON—Oil prices rebounded on Friday from losses of more than 1 percent the previous day as investors turned cautiously optimistic over the fading risk of a U.S. debt default. Brent futures rose 69 cents, or 0.9 percent, to $76.55 a barrel by 0923 GMT, while West Texas Intermediate U.S. crude climbed 56 cents, or 0.8…
Stocks Lifted to Month High by US Debt Ceiling Hopes
May 19, 2023
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LONDON/SINGAPORE—Global shares hit a one-month high on Friday as markets reflected increased hopes of a U.S. debt ceiling deal that could avoid a potentially calamitous default. Europe’s STOXX 600 was up 0.7 percent, while e-mini futures for the S&P 500 rose 0.2 percent, following a 0.9 percent gain for the benchmark Wall Street index overnight….
Australian Government Supports Carbon Capture and Storage Witih Scarce Funding
May 18, 2023
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Federal Resources Minister Madeleine King has supported carbon capture and storage (CCS) as the way for the industry to reach net-zero emissions. “Traditional commodities, including our energy resources, will play an essential role in supporting Australia’s economy transition to net-zero while also continuing to underwrite energy security for our key trading partners,” King said at the APPEA…
Top Toyota Scientist Throws Cold Water on Electric Vehicle Push
May 18, 2023
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A top Toyota scientist warned against the sudden push toward electric vehicles for now, ahead of a Group of Seven summit in Japan. Last month, environment and energy ministers at the G7 conference in Hokkaido, Japan, pledged to reduce vehicle emissions by 2035, without announcing any deadlines or short-term goals in the meantime, reported Bloomberg….
Oil Prices Ease as All Eyes on US Debt Ceiling Talks
LONDON—Oil prices eased on Thursday as traders warily watched for signs of progress on talks to raise the U.S. debt ceiling, after surging in the previous session on optimism over U.S. fuel demand. Brent crude futures dipped 37 cents, or 0.5 percent, to $76.59 a barrel as of 0841 GMT. U.S. West Texas Intermediate crude…
Stock Market Today: Global Stocks, Wall Street Futures Rise on Hopes for US Debt Deal
BEIJING—Global stock markets and Wall Street futures rose Thursday on hopes U.S. political leaders can reach agreement to avoid a potentially disastrous default on government debt. London and Paris opened higher. Shanghai, Tokyo, and Hong Kong advanced. Oil prices edged lower. “Markets are now fully pricing an in-time resolution of the crisis,” said Clifford Bennett…
IN-DEPTH: Majority of US Power Grid Faces ‘Elevated Risk’ of Summer Outages Amid Biden’s Green Energy Push: Report
May 18, 2023
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More than two-thirds of North America could see electrical outages when temperatures spike this coming summer because utilities in many areas do not have sufficient reserve generation capacity to meet surges in demand. According to an annual summer reliability assessment published on May 17 by the North American Electric Reliability Corporation (NERC), the power grid…
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