Category: energy

Mercedes-Benz Begins Building Battery Recycling Factory in Southern Germany

FRANKFURT—Mercedes-Benz laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity of 2500 tonnes and will contribute to the production of more than 50,000 battery modules for new electric Mercedes-Benz vehicles. Recycled batteries will come from test vehicles and start-up batteries….


Tesla Says South Australia ‘Represents the Future’ for Battery Production

South Australia is now on the world map after Tesla’s senior executive said the Australian state was “the future” for renewable energy technologies. This comes as South Australia opened its first 12 out of 140 border-to-border electric car charging networks. “Australia is a little bit of a special case; they represent the future—South Australia in…


Federal Agency Advances Gas Stove Proposal From Commissioner Who Floated Ban

A U.S. agency has advanced a request for information on gas stove hazards after it was filed by a commissioner who has floated banning the stoves. The U.S. Consumer Product Safety Commission announced on March 1 it is seeking information from the public “on chronic chemical hazards from gas ranges.” The commission released a draft public…


Power Shortages Coming Soon to America

Existing power plants are projected to retire at a faster pace than installations of new units, and dependence on renewable projects are threatening widespread power shortages, according to a new report by regional power transmission company PJM Interconnection. PJM analysis shows that 40 gigawatts (GW) of existing power generation is at risk of retirement by…


Eurozone Recovery Gathers Pace, Allays Fears of Recession: PMI

LONDON—The recovery in eurozone business activity gathered pace last month as growth accelerated in the bloc’s dominant services industry, a survey showed, providing the latest piece of evidence suggesting the currency union will avoid a recession. S&P Global’s Composite Purchasing Managers’ Index (PMI), seen as a good barometer of overall economic health, climbed to an…


Oil Prices Stable, Heading for Weekly Gain

LONDON—Oil prices held steady on Friday, poised to register a weekly gain as renewed optimism on China’s demand recovery overrode recession worries over growing U.S. crude inventories and tightening monetary policy in Europe. Brent crude futures edged up by 4 cents, or 0.05 percent, to $84.79 a barrel by 0936 GMT. U.S. West Texas Intermediate…


Global Stocks Follow Wall Street Higher on Interest Rate Hopes

BEIJING—Global stock markets advanced Friday after a Federal Reserve official raised hopes the U.S. central bank might not step up its anti-inflation fight as much as feared. London, Shanghai, Frankfurt, and Tokyo gained. Oil prices edged higher. Wall Street rose Thursday for the first time in three days after the president of the Federal Reserve…


PREMIERING 7:30PM ET: Jeffrey Tucker: $6 Trillion Created Unprecedented Inflation, All to Feed the ‘Lockdown Machine’

“While we slept—while we thought the world was just fine—what was actually happening was a tremendous distortion of the production structures.” I sit down with Jeffrey Tucker, senior economics columnist for The Epoch Times and founder and president of The Brownstone Institute. Tucker says labor supply problems are approaching catastrophic levels with historically low worker-to-population…


PREMIERING NOW: Jeffrey Tucker: $6 Trillion Created Unprecedented Inflation, All to Feed the ‘Lockdown Machine’

“While we slept—while we thought the world was just fine—what was actually happening was a tremendous distortion of the production structures.” I sit down with Jeffrey Tucker, senior economics columnist for The Epoch Times and founder and president of The Brownstone Institute. Tucker says labor supply problems are approaching catastrophic levels with historically low worker-to-population…


Jeffrey Tucker: $6 Trillion Created Unprecedented Inflation, All to Feed the ‘Lockdown Machine’

“While we slept—while we thought the world was just fine—what was actually happening was a tremendous distortion of the production structures.” I sit down with Jeffrey Tucker, senior economics columnist for The Epoch Times and founder and president of The Brownstone Institute. Tucker says labor supply problems are approaching catastrophic levels with historically low worker-to-population…