Category: Energy News Beat

California admits its reckless renewable energy dream is failing

Energy News Beat California’s dream of renewable green energy has left the state worse off, and even California Democrats have recognized just how deep the failure runs. California energy regulators on Thursday voted to extend the lifespan of the Diablo Canyon nuclear plant by five years, moving the shutdown date from 2025 to 2030. The 2025 date […]

Electric scooter company Bird files for bankruptcy

Energy News Beat Bird filed for Chapter 11 bankruptcy protection in Florida federal court Wednesday. In a release, Bird said it will use the bankruptcy proceeding to facilitate a sale of its assets, which it expects to complete within the next 90 to 120 days. Bird’s electric scooters are touted as an environmentally friendly alternative […]

Xi revealed China’s plans for Taiwan to Biden – – Xi Says “We are Uniting with Taiwan”

Energy News Beat ENB Pub Note: “We are Uniting with Taiwan”  – But what did Biden hear? “How Nice?” Beijing would like to reunify Taipei with mainland Xi revealed China’s plans for Taiwan to Biden – – Xi Says “We are Uniting with Taiwan”peacefully, Xi Jinping reportedly told the US president in November China is […]

Putin could visit France in 2024 – Macron

Energy News Beat The Russian president could be invited to the anniversary of the Normandy landings French President Emmanuel Macron has not ruled out the possibility of inviting Russian President Vladimir Putin to the 80th anniversary of the D-Day landings in Normandy next June, “if the situation changes” in Ukraine. Macron reportedly made the comment […]

Biden’s 5-Year Offshore Oil and Gas Lease Plan Has the Fewest Sales Auctions Ever

Energy News Beat Key Takeaways 1. President Joe Biden has decided to have the fewest offshore oil and gas leases in history as he will only hold 3 over 5 years—far fewer than the 47 sales proposed by President Trump. 2. The three lease sales are the fewest possible under the Inflation Reduction Act, in […]

Canadian oil producers may wait for elections before cutting emissions

Energy News Beat Oil Price Several small-sized Canadian oil and gas producers prefer to wait and see if Prime Minister Justin Trudeau and his Liberals will survive the 2025 election instead of investing a lot of money and cutting production now to start complying with a federal framework to slash emissions by 2030. Source: Reuters […]

Daily Energy Standup Episode #275 – Wind Farm Challenges, Oil Price Forecasts, and Global Tensions Unveiled

Energy News Beat Daily Standup Top Stories Another Offshore Wind Farm Hits the Dust December 20, 2023 Stu Turley Key Takeaways 1: The developer of “Icebreaker,” a small project in Lake Erie, announced it is pulling stakes on its six-turbine project. 2: The project received a $50 million grant under President Obama, but the […] Analysts Say […]

Here Come the New Listings of Existing Homes, Prices Drop Further, Demand Remains at Collapsed Levels

Energy News Beat Active listings rise to highest in over three years. By Wolf Richter for WOLF STREET. The national median price of existing single-family houses, condos, and co-ops whose sales closed in November dropped to $387,600, down by 6.3% from the peak in June 2022, according to data from the National Association of Realtors (NAR) today. 2023 is […]

Poland’s new pro-EU government dismisses state media chiefs

Energy News Beat The management of Polish public television, radio and state news agency PAP have been dismissed and one public news channel that critics say was politicised under the previous government has gone off air. The culture ministry under Poland’s new pro-European Union government announced the dismissals of the chairmen and boards in a […]

Analysis: Election ‘win’ for Serbia’s Vucic might yet backfire

Energy News Beat For 48 hours from Sunday night, the victory of Serbian President Aleksandar Vucic was total, overwhelming, sweeping, crushing. His ruling Serbian Progressive Party (SNS) had on its own secured a majority in the National Assembly with twice as many votes and seats as their closest opponent. It also swept the regional and municipal […]