Category: Energy News Beat

AfD designated ‘extremist’ in third region

Energy News Beat Security services in Saxony claim the party is “undoubtedly” pursuing an anti-constitutional agenda Authorities in the German region of Saxony have designated the local branch of the Alternative for Germany (AfD) party as an extremist group.e The move follows similar decisions in Thuringia and Sachsen-Anhalt, while the party is accused of being […]

EU may allow member states to ban Russian gas – FT

Energy News Beat The EU may allow member states to unilaterally end gas imports from Russia, the Financial Times reported on Friday, citing draft legislation. According to the document, the measure would give any member state the power to “partially or, where justified, completely limit” or block Russian and Belarusian companies from buying capacity in […]

What’s really behind Biden’s threat to send Americans to fight Russia

Energy News Beat The US president’s tough talk is laying the ground to blame Republicans for “losing Ukraine” The president of the United States has caused a stir. Speaking to Congress, Joe Biden brought up the possibility of “American troops fighting Russian troops.” Biden, of course, has repeatedly had problems staying on script or keeping […]

Orban explains why EU can’t accept Ukraine

Energy News Beat The Hungarian leader warned that the bloc’s agricultural system would be destroyed if Kiev were allowed to join Bringing Ukraine into the European Union would be a “bad decision,” Hungarian Prime Minister Viktor Orban asserted in an interview with the news outlet Le Point published on Friday. The Hungarian government has opposed […]

India concerned over G7 ban on Russian diamonds – media

Energy News Beat The country’s polishing industry would reportedly be severely impacted as a result India’s gemstone traders fear that the looming G7 ban on Russian diamonds will hit the entire industry, and have called for more flexible implementation timelines, the Indian Express reported on Friday. Leaders of the G7 – which consists of Canada, […]

82% of Germans disapprove of government – poll

Energy News Beat Olaf Scholz holds the lowest approval rating for a chancellor since the survey began in 1997 Over four in five Germans (82%) are dissatisfied with the performance of the country’s “traffic light” governing coalition, according to an ARD-DeutschlandTrend poll published on Friday. Chancellor Olaf Scholz in particular received the worst approval rating […]

EPA Ups Estimates for the Social Cost of Carbon

Energy News Beat Key Takeaways 1. The Biden Administration announced a new “social cost” of carbon dioxide almost 4 times higher than President Biden’s interim number based on the Obama administration’s metric. 2. The new number will make it easier for the Biden Administration to justify stopping projects, denying permits and raising the cost of […]

Oil heads for seven week decline for first time in five years

Energy News Beat Today LONDON : Oil benchmarks were on track for a seven-week decline on Friday, their first in half a decade, on worries about a supply surplus and weak Chinese demand, though prices rebounded after Saudi Arabia and Russia lobbied OPEC+ members to join output cuts. Source: Reuters Brent crude futures were up […]

Wyoming To Pay 8.3% More For Electricity, Not 21.9% Rocky Mountain Power Wanted

Energy News Beat The official numbers have been crunched at long last, and there is now a definitive answer to how much more Rocky Mountain Power rates will be for at least the first part of its two-part rate increase requests. According to an email from the Wyoming Public Service Commission to Cowboy State Daily, […]

EU Says Nuclear Energy Is Clean After All

Energy News Beat 27 EU member ministers agreed at a meeting this week that nuclear power should be included in the list of acceptable strategic technologies. With this new position, the number of strategic net-zero technologies available to members increases from 8 to 10. The Net-Zero Industry Act is the foundation of the EU’s push […]