The Economist writes on how conflict in the Middle East might impact oil prices. EVER SINCE Hamas’s attacks on Israel a year ago, the biggest fear in oil markets has been that tensions would escalate into a full-blown regional war pitting Israel against Iran, the world’s seventh-largest producer of crude. Until recently both countries seemed keen to...
Japan Firms Unite to Cut Methane Emissions from LNG Supply
Shoko Oda and Tsuyoshi Inajima of Bloomberg report that Japanese firms are cutting methane emissions from their LNG supply. Twenty-two Japanese utilities and trading houses are joining an initiative that aims to leverage their buying power to curb methane emissions from liquefied natural gas supply chains, as pressure mounts globally to curb the harmful greenhouse gas. Companies...
Europe Set for Colder Winter Than Last Year as La Niña Arrives
France, the UK and Scandinavia will be the coldest parts of Europe during October, according to forecasters. By contrast, southeast Europe and the south of Spain are likely to remain warm, according to Maxar Technologies Inc. Athens, which was seared by heat waves and wildfires over the summer, could see temperatures reach 32C (90F) early in the month, according to Weather Services International.
World’s biggest banks pledge support for nuclear power
"Nuclear energy has also started to gain support from Big Tech, which sees it as one low-carbon solution to powering data centres. On Friday, Microsoft announced a 20-year deal with Constellation Energy to restart an 835-megawatt nuclear reactor at Three Mile Island in Pennsylvania that was in the process of being decommissioned. Larry Ellison, co-founder and chief technology officer of Oracle, said this month that the company was designing a huge data centre with 'permits for three . . . small modular nuclear reactors'."
Rolls-Royce wins pioneering deal to build mini nuclear plants in Czech Republic
"Rolls-Royce is on course to secure the first order from a European government to build a fleet of mini nuclear reactors after being selected as the preferred supplier in a competition overseen by the Czech government."
The U.S.-Canada Energy Relationship Is Underappreciated – And May Now Be Under Threat
"Together, Canada and the U.S. have dominated global oil and growth in the past decade, creating an energy secure North America while driving billions into innovation and technologies designed to lower emissions. Policy actions that limit production and export capacity could reverse this progress, leaving us and our allies more vulnerable. We must instead leverage our deeply interconnected energy systems and rock-solid commercial relationships in support of a North American Energy Security framework that will deliver benefits for decades to come. Our organizations and collective membership stand ready to be a fully committed partner in this effort."
Chile May Hold the Future to a U.S. Cobalt Supply Chain
The Chilean Cobalt Corp. (C3) is diversifying the supply of cobalt in an ethically and environmentally responsible manner.
Swiss Plan to Allow Construction of New Nuclear Plants
Bloomberg’s Alessandro Speciale and Levin Stamm report that Switzerland is planning to lift its ban on nuclear power. “The Swiss ban on nuclear plants was originally introduced in 2018, following safety worries that had been triggered by an accident at the Fukushima nuclear facility in Japan in 2011. But such concerns have recently been overshadowed...
Should access to drinking water be at the top of the global agenda?
Emma Pitts writes in Deseret News about global access to clean water. “‘I think it’s too important for either of those to be allowed to own it. This is an issue that affects people of all politics and no politics, people who don’t even know what politics is,’ he said. ‘I think it’s a basic...
Economic Freedom and Democracy to Restore Haiti
By embracing economic freedom and strengthening democratic institutions, the nation can chart a path toward a sustainable and prosperous future.