Category: Energy News Beat

Infrastructure Bill’s Big-Budget Projects A ‘Complete Failure’ Despite Billions Spent

Energy News Beat The infrastructure bill, once hailed as a game-changer, has flopped—rural broadband and EV stations are stuck in the slow lane, leaving critics fuming. Democrats have touted the infrastructure bill Congress passed in 2021 as a signature accomplishment of the Biden-Harris administration, but some of its ambitious projects have fallen far short of […]

As Demand Drops, Automakers Reverse EV Targets Despite Billions In Biden-Harris Subsidies

Energy News Beat Automakers are backpedaling on EV targets as consumer demand wanes, despite billions in Biden-Harris subsidies and a push for charging stations. Automakers have continued to backpedal on electric vehicle (EV) targets over the last year as a slackening of consumer demand has hampered growth despite the billions in subsidies lavished on the […]

California’s backlogged grid is holding up its electric truck dreams

Energy News Beat   Across California, the companies that are trying to build charging stations for electric trucks are being told that it will take years — or even up to a decade — for them to get the electricity they need. That’s because utilities are failing to build out the grid fast enough to meet […]

Austria Loves Russia Gas

Energy News Beat Daily Standup Top Stories Is driving electric now more expensive than petrol or diesel? September 23, 2024 Mariel Alumit Britain’s public charging network is facing criticism for high costs, making electric vehicle (EV) driving potentially twice as expensive as using petrol or diesel cars. The UK now has over 12,500 rapid and ultra-rapid […]

U.S. LNG Permit Freeze Sparks Export Boom in Canada and Mexico

Energy News Beat The Biden administration’s pause on new LNG export permits has created a market opportunity for Canada, Mexico, and Argentina to increase their LNG exports to Asia. These countries are investing billions of dollars in LNG export infrastructure, particularly on their Pacific coasts, to gain a logistical advantage over U.S. exporters. The increased […]

Oil Price Slide Eases as Tropical Cyclone Looms over Gulf of Mexico

Energy News Beat Shell, Chevron, and Norway’s Equinor have all begun evacuating staff from offshore facilities as the threat of a potential Tropical Cyclone System 9 intensifies as it moves toward the Gulf coast, where the brewing storm could turn into a hurricane by Wednesday. Earlier on Monday, Chevron completed the evacuation of nonessential personnel […]

Energy Dependency: Europe’s Achilles Heel?

Energy News Beat Mario Draghi’s report highlights Europe’s declining competitiveness, attributing it to lagging productivity, energy dependency, and an investment gap. Draghi proposes a three-pronged solution: a more assertive industrial policy, increased public and private investment, and regulatory reforms for greater flexibility and efficiency. The report emphasizes the need to address Europe’s energy challenges through […]

California sues Exxon over global plastic pollution

Energy News Beat NEW YORK, Sept 23 (Reuters) – California and several environmental groups sued Exxon Mobil (XOM.N), on Monday and accused the oil giant of engaging in a decades-long campaign that helped fuel global plastic waste pollution. Speaking at an event during Climate Week in New York City, California Attorney General Rob Bonta said […]

UK Energy-Climate Policies

Energy News Beat UK Energy-Climate Policies Don’t miss this great discussion with David Blackmon, Irina Slav and Tammy Nemeth from Dallas, the UK and Bulgaria about energy policies. We are seeing a huge change in that narrative in businesses as a result of climate policies. Highlights of the Podcast 00:00 – Introduction 02:00 – Energy […]

France or Finland – whose industrial policy should prevail in Europe?

Energy News Beat   When presenting her new team of Commissioners earlier this week, President Ursula von der Leyen highlighted that the whole executive should be “committed” to restoring Europe‘s competitiveness. Even more tellingly, in von der Leyen’s new team economic responsibilities are spread across numerous comissioners and as many as four executive vice-presidents – […]