Sep 23, 2021OMAR RAZZAZ Current global efforts to raise awareness and nudge and shame policymakers are necessary but not sufficient to prevent an existential climate crisis. Addressing the problem more effectively requires…
Month: September 2021
China’s power crunch spreads, shutting plants, dimming growth outlook
BEIJING: Widening power shortages in China have halted production at numerous factories including many supplying Apple and Tesla, while some shops in the northeast operated by candlelight and malls shut early as…
GLOBAL LNG-LNG prices continue to soar as buying ahead of winter starts
* Bangladesh pays nearly $30/mmBtu for prompt cargo – sources * China and Turkey seek cargoes for winter * Cameron LNG says Louisiana plant unit to return online this week SINGAPORE, Sept…
Another headwind?: global gas price spike worries energy execs
DUBAI/LONDON, Sept 21 (Reuters) – Energy executives gathered in Dubai on Tuesday for the first time since the COVID-19 pandemic started, but despite being upbeat on economic recovery, they were concerned about…
How the US and Iran compete to fuel Lebanon
Hezbollah has imported fuel from Iran to supply Lebanon, while the US wants to power Lebanon with Egyptian gas and Jordanian electricity. The energy race between the geopolitical rivals has implications for…
لو استفاد لبنان من خط الغاز العربي لوفّر 5 مليارات دولار… بارودي لـ”النهار”: إبعاد السياسة عن قطاع الطاقة مفتاح الحلول
طرأت في الأيام الأخيرة معطيات إيجابية تعطي ال#لبنانيين بارقة أمل بالنسبة إلى التخفيف من ساعات التقنين الكهربائي القياسي، مع وصول الفيول #العراقي إلى لبنان والذي قد يساهم في تأمين حتى 6 ساعات من…
Why an Electric Car Battery Is So Expensive, For Now
At Tesla Inc.’s ballyhooed Battery Day event last year, CEO Elon Musk set himself an ambitious target: to produce a $25,000 electric vehicle by 2023. Hitting that sticker price — about $15,000 cheaper…
Energy crunch deepening as US warns Europe isn’t doing enough
Europe’s energy crunch is deepening, with gas and power prices hitting fresh records after the US warned the continent isn’t doing enough to prepare for what could be potentially a dire winter….
Environmental threats are the ‘greatest challenge to human rights’: UN
The UN rights chief has said the “triple planetary crises” of climate change, pollution, and nature loss represented the biggest threat to human rights globally, at the opening yesterday of a month-long…
The Reality of Climate Financial Risk
Those who argue that climate change has little to do with macroprudential risk management are offering a counsel of despair. If the 2008 global financial crisis revealed anything, it is that regulation…