Energy News Beat Shell PLC’s capital deployment strategy favors repurchasing company stocks more than absorbing rivals, chief executive officer (CEO) Wael Sawan has said, in contrast to USA competitors Chevron Corp. and Exxon Mobil Corp. Reporting a 23 percent quarter-on-quarter increase in adjusted earnings to $6.2 billion for the third quarter, the British energy giant […]
Energy News Beat This investigation was done in collaboration with Environmental Progress and The Blind Spot Last August, in an amalgamation of “The Green New Deal” meets “Build Back Better,” President Joe Biden’s Inflation Reduction Act gifted the renewables industry with billions of dollars worth of taxpayer-funded subsidies. What few backing the bill realized was that the largest beneficiary would likely […]
Energy News Beat (The Center Square) – The complete costs of “fueling” an electric vehicle for 10 years are $17.33 per equivalent gallon of gasoline, a new analysis from the Texas Public Policy Foundation says. The study authors say the $1.21 cost-per-gallon equivalent of charging a car cited by EV advocates excludes the real costs born by […]
Energy News Beat Xcel Energy is dedicating a bigger share of its Minnesota solar incentives to lower-income customers in response to a new state law. Since launching in 2014, Solar Rewards has provided financial incentives to help thousands of Minnesota homeowners pay for small solar installations. Over the past five years, state lawmakers, regulators, […]
Energy News Beat Authored by Doug French via The Mises Institute, Bloomberg reports that price inflation in Turkey was more than 60 percent in September. The 61.5 percent reading was released by the Turkish government’s statistical office. Being on the ground in Turkey for Hans-Hermann and Gülçin Hoppe’s Property and Freedom Society meeting, I can […]
Energy News Beat Daily Standup Top Stories Berkshire Cash Pile Hits All-Time High $157 Billion, As Buffett Sells A Record $38BN In Stock In Past Year November 5, 2023 Allen Santos Over the years, Warren Buffett has been opportunistic and “fluid” with his ideals and political opinions – he describes himself as a “democrat” yet without […]
Energy News Beat BAKERSFIELD, Calif. (KGET) — The City of Bakersfield’s plan that would ban gas stoves in new construction is dead — at least, for now — after a huge pushback from the community. The public feedback portion of the plan ended Aug. 31, and because of that feedback, the city of Bakersfield has […]
Energy News Beat At a legislative markup session last week, a House Energy and Commerce subcommittee approved 17 energy bills for consideration by the full E&C committee, including 12 measures to boost and streamline the deployment of nuclear power. The nuclear-related bills cleared the subcommittee by voice vote with bipartisan support. “Our shared goal in […]
Energy News Beat ENB Pub Note: David Blackmon’s article from the Daily Caller is excellent, and we highly recommend that you follow the Daily Caller and his personal substack. We also highly recommend subscribing to all of his channels. His energy insights are fantastic and look at energy from the fiscally sustainable to benefit humanity […]
Energy News Beat Twelve EU member states have called on the European Commission to create a pan-European industrial union and allow the installation of small nuclear reactors, according to Contexte. It is noted that Bulgaria, Croatia, the Czech Republic, Finland, France, Hungary, the Netherlands, Poland, Romania, Slovakia, Slovenia, and Sweden in the letter call on […]
