In 2011, after the Fukushima disaster, Germany made the fateful decision to switch off its nuclear plants. Now, two have been promised a second life as fusion-energy projects in a high-risk technology bet aimed at revitalizing Europe’s industrial core. The plan rides on two ventures that are pursuing the same dream—creating a star on Earth to create abundant...
EU plans to impose emissions costs on waste incineration plants
Waste incineration plants in Europe will have to pay for their carbon dioxide emissions under European Union plans to add the industry to the bloc’s emissions trading system, EU officials said on Wednesday. The plans, which aim to incentivise reuse of material, limit waste, and push operators to invest in emission-capturing technology, have met strong...
Can Brazil become a key rare earth supplier for the West?
As Western governments seek to reduce dependence on Chinese rare earth supply chains, Brazil is emerging as one of the world’s most promising new sources of critical minerals. The country holds the world’s second-largest rare earth resource base and is home to a growing number of advanced ionic clay projects. At the same time, the...
How Europe’s growing need for cooling is reshaping electricity demand
Extreme heat is putting increasing pressure on Europe’s electricity grids as rising temperatures increase the need for air conditioning in homes, offices and businesses, driving up electricity demand, tightening power markets and, in some cases, reducing electricity supply. Although air-conditioning remains far less common in Europe than in many other parts of the world, ownership...
France makes urges World Bank not to scrap climate target
France’s development minister issued an eleventh-hour plea to the World Bank on Thursday, urging it to resist pressure from its largest shareholder, the United States, and stick with a climate finance target due to lapse at the end of the month. U.S. President Donald Trump’s administration has demanded the World Bank abandon a target to devote 45%...
How America Should Respond to China’s Industrial Dominance Playbook
Two hundred and fifty years young, the United States of America remains the best country in the world. We’re not perfect, but we still pass “the gates test” with flying colors.
As the longtime conservative leader Bill Bennett noted in highlighting the Berlin Wall, “You can measure a nation’s worth by observing the flow of humanity when barriers are raised: do they fight to enter, or do they risk everything to escape?” In America, people are still desperately trying to get in, and for good reason.
A Deal to End the Iran War Won’t End High Oil Prices Overnight
Yesterday, the United States and Iran signed an agreement to end the war. The 14-point Memorandum of Understanding (MOU) includes an immediate and permanent end to military operations, the lifting of the U.S. naval blockade, and the reopening of the Strait of Hormuz. It is a preliminary deal, not a final settlement, and sets a maximum 60-day deadline to negotiate a final agreement.
The Iran deal came just in time as Strategic Petroleum Reserve hits lowest level since 1983
The U.S. Strategic Petroleum Reserve has fallen to the lowest level in more than 40 years as emergency stocks are released to help ease the supply disruption triggered by the Iran war. The SPR stood at 340.3 million barrels as of June 12, the lowest level since the summer of 1983, according to data released...
Chris Wright says nearly 100 ships have used Jones Act waiver to move oil
Energy Secretary Chris Wright said that nearly 100 vessels have used the Jones Act waiver granted by President Donald Trump, which allowed refiners to use foreign-flagged ships to transport fuel between United States ports. The Jones Act waiver “has been used enormously,” Wright said in testimony Wednesday before the House Science Space and Technology committee. “I think...
Energy Department says advanced nuclear reactor first to reach critical milestone
The Energy Department says a small nuclear reactor under development at a national lab has reached a crucial milestone that could allow it to produce electricity within a few years. The microreactor being developed by Antares Nuclear Inc. at the Idaho National Lab reached “criticality” on Thursday, Energy Secretary Chris Wright said. The milestone occurs when...









