Is climate change or climate policy the real issue? Many experts, advocates, and common sense politicians give their thoughts and ideas at the 15th International Conference on Climate Change (ICCC) held by the Heartland Institute in Orlando, Florida. The 4 discussions of Panel A on Feb. 25: Panel 5A – 9:00 a.m. – 10:30 a.m. ET…
Is Climate Change or Policy the True Issue? 15th ICCC Panel A (Feb. 25)
Two Australian Energy Providers Want a ‘Sun Tax’ on Households With Solar
Two major energy providers have floated the idea of charging residents in New South Wales (NSW) and the Australian Capital Territory (ACT) households more to feed solar power into the grid during the day. The new feed-in tariffs would affect households during the sunniest part of the day, under proposals from Evoenergy and Essential Energy to…
White House Announces First Offshore Wind Lease Sale
February 24, 2023
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The White House announced its first offshore wind lease sale in the Gulf of Mexico, to open up those waters for companies to bid construct wind energy facilities, after curbing gas and oil company drilling. The Biden administration said that this sale is an opportunity to contribute to America’s transition to “clean energy.” The Feb. 22…
German Economy Shrinks 0.4 Percent in 4th Quarter, Weak Start to 2023 Seen
BERLIN—The German economy contracted more strongly than expected in the final three months of 2022, as inflation and the energy crisis took their toll on household consumption and capital investment. The German economy shrank by 0.4 percent in the fourth quarter of 2022 compared with the previous three months, the statistics office said on Friday….
LIVE NOW: Is Climate Change or the Policy the True Issue? 15th ICCC Panel B (Feb. 24)
Is climate change or climate policy the real issue? Many experts, advocates, and common sense politicians would give their thoughts and ideas at the 15th International Conference on Climate Change held by the Heartland Institute in Orlando, Florida. The 4 discussions of Panel B on Feb. 24: Panel 1B – 9:00 a.m. – 10:30 a.m….
Japan’s Consumer Inflation Hits 41-year High, Keeps BOJ Under Pressure
TOKYO—Japan’s core consumer inflation hit a fresh 41-year high in January as companies passed on higher costs to households, data showed on Friday, keeping the central bank under pressure to phase out its massive stimulus program. The data underscores the dilemma policymakers face as soaring prices of fuel and daily necessities hit households, many of…
German Chemical Giant BASF to Close Factories Without Cheap Russian Gas
February 24, 2023
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The world’s largest chemical company is closing a number of its factories, as the era of cheap Russian gas grinds to a halt amid a deterioration in the global economy. BASF SE will cut 2,600 positions, about 2 percent of its global workforce, to save on operational costs, as the European Union’s biggest chemical firm is forced…
Oil Gains as Russian Output Cuts Offset Rising US Inventories
February 24, 2023
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LONDON—Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States and concerns over global economic activity. Brent crude futures rose 89 cents, or 1.1 percent, to $83.10 per barrel by 1042 GMT. On the anniversary of Russia’s invasion of Ukraine,…
Global Stocks Mixed After Wall Street Breaks Losing Streak
February 24, 2023
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BANGKOK—Shares rose in early European trading after closing mostly lower in Asia ahead of the release of consumer price data in the U.S. Benchmarks advanced in Paris, London, Tokyo, and Sydney but fell in Hong Kong, Shanghai, and Seoul. Oil prices rose while U.S. futures edged lower. Friday will bring the core U.S. personal consumption…
Energy Infrastructure Payments a ‘Slap in the Face’
A move to pay landowners $200,000 per square kilometre for energy infrastructure imposed on their properties has been labelled a slap in the face. Residents living in the path of several projects in regional Victoria have previously protested against high-voltage power lines and towers more than 80 metres high and are calling for infrastructure to…
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