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DEMAND FROM CHINA COMING ONLINE? Oil demand is looking more robust in 2023 than originally expected, thanks in large part to higher demand from China as its economy reopens.
“We’re seeing signs of green” as Beijing ends its lockdowns and reopens its economy, OPEC Secretary-General Haitham Al-Ghais told Bloomberg Television this morning in an interview at Davos. Welcome to Daily on Energy, written by Washington Examiner Energy and Environment Writers Jeremy Beaman and Breanne Deppisch . Email [email protected] or [email protected] for tips, suggestions, calendar items, and anything else. If a friend sent this to you and you’d like to sign up, click here. If signing up doesn’t work, shoot us an email, and we’ll add you to our list.
Competing with Chinese industrial dominance is the center of the Inflation Reduction Act’s subsidy regime and its preferencing of U.S.- and allied-made technologies, and therefore at the heart of this ongoing U.S.-EU trade conflict. The future of the country’s trade with China was perhaps a preoccupation of Sen.
“Let’s be clear, the narrative is ugly, the narrative is creating this huge polarization,” Fink said in an interview with Bloomberg TV, blaming “misconceptions” about ESG. It’s not just Republicans who are demanding Fink answer for his firm’s practices, however. Democratic state financial officers have come to the defense of fund managers and banks for their ESG practices, saying green investing is committing to the “long term,” but some have criticized those firms for not acting more aggressively to reduce emissions in their portfolios.
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Vulcan Energy, Stellantis to develop renewable energy assets in GermanyAutomaker Stellantis is set to invest in a geothermal energy project in Germany with lithium developer Vulcan Energy Resources to help power a manufacturing facility for electric vehicles, Vulcan said on Tuesday.
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Stellantis, Vulcan Energy to develop renewable energy assets in GermanyAutomaker Stellantis has teamed up with lithium group Vulcan Energy Resources to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at Rüsselsheim, the two companies said on Tuesday.
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Daily on Energy: What’s in store for oil and gas leasing this yearSubscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!
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Germany falls to bottom rung of investment ranking on energy costs, labour shortageGermany's attractiveness as an investment location has fallen four places to 18th of 21 in a ranking of industrial economies by economic research institute ZEW, newspaper Augsburger Allgemeine reported on Monday.
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New York Climate Groups Sue Over New Energy-Guzzling Crypto Mining OperationThe crypto mine could increase a Buffalo area power plant’s greenhouse gas emissions by up to 3,500%.
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Revolutionizing Renewable Energy: Using Sunlight To Produce Hydrogen Fuel Out of Thin AirA device that can harvest water from the air and provide hydrogen fuel—entirely powered by solar energy—has been a dream for researchers for decades. Now, EPFL chemical engineer Kevin Sivula and his team have made a significant step towards bringing this vision closer to reality. They have developed
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