Category: Energy News Beat

EU parliament launches ‘historic’ push to sanction Hungary 

Energy News Beat A Finnish MEP wants to invoke Article 7 and suspend Viktor Orban’s voting rights to ensure the bloc can continue supporting Ukraine About 120 members of the European Parliament in Strasbourg have signed a petition to strip Hungary of its voting powers in the European Union, an influential Finnish MEP announced on […]

Is China hatching a sinister plot regarding the Israel-Gaza war?

Energy News Beat Some have accused Beijing of trying to score political points in the Global South by not supporting Israel A recent Foreign Affairs article purports to expose “China’s game in Gaza,” accusing Beijing of “Exploiting Israel’s War to Win Over the Global South.” The author alleges that “in calling for a two-state solution, […]

Washington State Proposes a Ban on Gas-Powered Tools and Jail Time to Those Who Violate the Ban

Energy News Beat Washington state is considering legislation imitating California’s ban on new gas-powered outdoor equipment, but adding hefty fines and jail sentences to those who use such tools. Under the Washington proposal, gas-powered equipment under 25 horsepower would be banned starting in 2026. Experts in the logging and landscaping businesses point to huge and […]

Red Sea blockade undermining global commerce – report

Energy News Beat World trade plunged by 1.3% from November to December 2023 as a result of Houthi attacks on merchant vessels in the Red Sea, according to a new report by the IfW Kiel. The German economic institute said on Thursday that the volume of containers transported via the Red Sea had plummeted by […]

State Dept confirms death of US journalist jailed by Ukraine – TASS

Energy News Beat Chilean-American blogger Gonzalo Lira has died in a Ukrainian prison, Russian news agency TASS said on Saturday, citing a response it received from the US Department of State. The blogger’s death was first announced by his family on Friday. Lira, 55 at the time of his death, lived in Kharkov and blogged […]

Daily Energy Standup Episode #286 – EV Fleet Downsizing, Self-Driving Repo Cars, Germany’s Net Zero Challenge, ESG Taboos, Arctic Storm Gas Outage, and Biden’s Natural Gas Tax Crackdown

Energy News Beat Daily Standup Top Stories Hertz cites weak demand, high damage costs in decision to downsize EV fleet January 11, 2024 Mariel Alumit Hertz Global Holdings Inc. said Thursday it is selling about 20,000 electric vehicles from its fleet, or about one-third of the total, in the latest sign that the EV revolution is […]

ENB #174 Insights from Hugo Kruger on Politics, Corruption, and the Future of Global Energy

Energy News Beat This is a wild and fun discussion with Hugo Kruger about the international Energy Markets. I mean we covered oil, gas, coal, nuclear and even geopolitical. Hugo has a great Substack HERE: https://substack.com/@hkrugertjie. He has quite a following, and even Robert Bryce is in the mix of followers. (One of my heroes). […]

The Price Germany Pays for Net Zero

Energy News Beat Germans stopped counting long ago, but the rest of the world still might be interested in what Europe’s largest economy is paying to accomplish its transition to net-zero carbon emissions. The short answer: There’s a reason Germans prefer not to know. Consider the construction of new green electricity generation capacity, which is […]

ESG Becomes Corporate America’s New Taboo – What is next?

Energy News Beat ESG, once a dominant trend, is now facing disapproval and legal challenges, prompting businesses to distance themselves and adopt new terms like “responsible business.” Political pressures and investor skepticism have led to significant withdrawals from ESG funds, with companies like BlackRock, State Street, and Fidelity adjusting their policies in response. The shift […]

Western strikes on Houthis mostly failed – NYT

Energy News Beat The US-led group hit almost all targets but knocked out only about 25% of the militia’s assets, the report claims The US-led strikes on alleged positions of Houthi militias in Yemen have failed to significantly weaken their military potential and prevent them from further attacks on shipping routes in the Red Sea, […]