Authorities in Canberra have not ruled out charging petrol and diesel car drivers a special fee to enter the nation’s capital as part of an ongoing push towards lower emissions. The Labor-Greens government is facing criticism over its decision to embrace the C40’s “Green and Healthy Streets Accelerator” concept, which calls on governments to only operate…
Petrol, Diesel Drivers Could Be Charged Special Fee to Enter Australia’s Capital
June 28, 2023
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White House Announces $42 Billion Investment Plan to Expand Internet Access
June 26, 2023
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The Biden administration has announced that the government will divvy up $42 billion among the nation’s 50 states in an effort to expand high-speed broadband to every household and small business throughout the United States by 2030. In a fact sheet released on June 26, the White House said access to high-speed internet is no longer…
White House Unveils $42 Billion Investment Plan to Expand Internet Access
June 26, 2023
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The Biden administration has detailed how the government will divvy up $42 billion among the nation’s 50 states in an effort to expand high-speed broadband to every household and small business throughout the United States by 2030. In a fact sheet released on June 26, the White House said access to high-speed internet is no longer…
Oil Markets Shrug Off Russian Political Turmoil
LONDON—Oil prices fell on Monday after a revolt by Russian mercenaries over the weekend, though the political instability did not appear to pose an immediate threat to oil supply from one of the world’s largest producers. Brent crude futures were down 8 cents, or 0.1 percent, at $73.77 a barrel by 0900 GMT. U.S. West…
Stock Market Today: Global Shares Decline After Armed Rebellion Quelled in Russia
June 26, 2023
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TOKYO—Global shares mostly fell Monday after a short-lived armed rebellion in Russia added to uncertainties over the war in Ukraine. France’s CAC 40 dipped 0.4 percent in early trading to 7,135.23. Germany’s DAX slipped 0.2 percent to 15,797.27. Britain’s FTSE 100 fell 0.8 percent to 7,403.10. The futures for the Dow Jones Industrial Average and…
Rapid Growth of EV Charger Networks Comes With Major Security Threats
June 24, 2023
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As Americans head out on vacation this summer, more and more of them are hitting the road in electric vehicles. Like it or not, that trend looks like it will continue as states like Virginia and Washington follow California’s lead in imposing 100 percent electric vehicle (EV) sales timelines. Falling EV prices are predicted to…
IN-DEPTH: ‘Beyond Belief’: Industrial Wind Developments Could Threaten Fragile Desert Ecosystem
June 23, 2023
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A landmark interregional transmission line project has broken ground this week to carry high-voltage electricity 732 miles from the largest wind farm in North America to Nevada. The TransWest Express Transmission Project (TWE) will take electricity generated by the $5 billion, 3,000 megawatt, 600-turbine Chokecherry and Sierra Madre Wind Energy Project (CSMWE) located in Carbon…
Oil Resumes Slide on Demand Worries After Latest Rate Hikes
June 23, 2023
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LONDON—Oil dropped for a second day on Friday and was heading for a weekly decline, as a UK interest rate hike added to concern over economic growth that outweighed lower U.S. crude stocks and other signs of tighter supplies. Both crude benchmarks had dropped about $3 on Thursday after the Bank of England raised interest…
Stock Market Today: Asian Shares Sink as Central Banks Crank Interest Rates Still Higher
June 23, 2023
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BANGKOK—Asian shares sank sharply Friday after several central banks around the world cranked interest rates higher in their fight against inflation. Hong Kong and Tokyo shed nearly 2 percent and most other regional markets declined. U.S. futures and oil prices also were lower. Japan reported its inflation rate was higher than expected, adding to expectations…
Officials Unsure When Hydrogen Production Can Be Profitable Despite Billions in Taxpayer Funding
Despite billions being pumped into trying to kickstart Australia’s hydrogen industry, department officials concede reaching profitability may be a long way off. Jo Evans, the deputy secretary of the Department of Climate Change and Energy, said costs were still too high for hydrogen production. “There’s no way they’ll make a profit at those costs,” Evans…
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