Day: November 12, 2023

#ENB 150 Irina Slav – Why is the Energy Transition dead? And at what Cost?

Energy News Beat Irina Slav, Energy Writer, is a great friend and inspiration to me on energy and writing. This podcast with Irina is no different; There is a significant movement in the global energy transition due to unsustainable renewable energy. The world cannot print money to go to war and support renewable energy. Please […]

Dear Greta…

Energy News Beat According to the Global Carbon Atlas, the world’s top polluters are China, India, and the U.S., which accounted for 52% of the world’s CO₂ in 2021. Visual Capitalist’s Marcus Lu and Bruno Venditti use that data in the graphic below to explore which countries contribute the most to CO₂ emissions.   The largest […]

Diamond industry takes radical steps to stem price decline – Bloomberg

Energy News Beat Sales have plunged in 2023, following massive increases during the Covid-19 pandemic The world’s biggest diamond companies have made a series of increasingly desperate moves in an effort to stop this year’s freefall in prices, Bloomberg reported on Saturday. In 2023, prices for wholesale polished diamonds have dropped by around 20%, while […]

China Prepares To Choke Off America’s Rare Metal Supply

Energy News Beat China will tighten reporting controls on strategic rare earth elements, according to its Commerce Ministry, in a move that could choke off America’s supply of critical minerals used in the production of electric cars and missiles. The ministry said on Tuesday that exporters of rare earth elements would need to report their […]

The Globalist Vision: “15 Minute” Prison Cities And The End Of Private Property

Energy News Beat Authored by Brandon Smith via Alt-Market.us, As a general rule I find that whenever the public scrutinizes any particular agenda being promoted by governments and globalists their first response is to act indignant, much like a narcissist would do when they are up to no good and they get caught. “How dare […]

Ukraine aid cut from GOP-backed stopgap funding bill

Energy News Beat The legislation, which is aimed at preventing a November 17 government shutdown, is not backed by the White House Republican US House Speaker Mike Johnson has unveiled a new stopgap spending bill to avert a government shutdown that does not include money for aid to Ukraine or Israel. Johnson had earlier insisted that […]

Moody’s turns negative on US credit rating, draws Washington ire

Energy News Beat NEW YORK/WASHINGTON, Nov 10 (Reuters) – Moody’s on Friday lowered its outlook on the U.S. credit rating to “negative” from “stable” citing large fiscal deficits and a decline in debt affordability, a move that drew immediate criticism from President Joe Biden’s administration. The move follows a rating downgrade of the sovereign by another ratings […]

US credit card debt hits historic high – data

Energy News Beat US credit card debt continued to surge in July-September this year, marking the eighth consecutive quarter of year-over-year increases, economists at the New York Federal Reserve bank said in a report this week. According to their calculations, credit card balances increased by $48 billion (4.7%) from the previous three months and by $154 […]

European country reveals nuclear energy plan

Energy News Beat All reactors in Switzerland will remain operational so long as they’re deemed safe, Bloomberg reports   Switzerland intends to keep its nuclear power plants operational for longer than previously planned amid fears of electricity shortages, reflecting a trend among other European countries extending the use of atomic energy, Bloomberg reported this week, […]

US debt interest bill tops $1 trillion a year – Bloomberg   

Energy News Beat 12 Nov, 2023 05:17 HomeBusiness News The annual cost of government borrowing has doubled in the past 19 months US interest payments on its national debt are estimated to have surged above $1 trillion on an annualized basis as of the end of October, according to a Bloomberg report this week.    […]